Field Investigation
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To help you fully understand the broker, WikiFX also investigates the brokers by sending surveyors to the brokers physical addresses.
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On WikiFX, you can visually check the physical addresses of brokers by pressing the “Field Survey” button.
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WikiFX did make an on-site survey on Admiral Markets in August 2021 and successfully found their office.
About hiifx and the survey background
HIGH INSPIRATION INTERNATIONAL LIMITED (HIIFX) is a money service business registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The registration number is #M21161482. The business address is 500- 7030 Woodbine, Markham, ON L3R 6G2, CA.
In the previous article, ( click the link https://www.wikifx.com/en/newsdetail/202206235554605531.html to explore the article) WikiFX exposed the fraud case of DRCFX, a forex broker that gets involved in a scam. DRCFX is considered another name for HIIFX. As we mentioned in the previous article, HIIFX (DRCFX) is a Ponzi Scheme, and it constantly changes its name, and location, and set up a new scam to lure investors to join. According to WikiFXs investigation, HIIFX claimed it has a physical address in Canada. Therefore, recently, the WikiFX team has made a field survey on HIIFX in Canada. We want to verify if the address of this broker really exists and give you a clear view of the reliability of this broker.
Due to the recent scam behavior of this broker, many victims exposed this broker to WikiFX. Protecting the interests of investors is always the primary goal of WikiFX. WikiFX immediately conducted a preliminary investigation on HIIFX.
According to WikiFX‘s investigation, we find out that this broker currently has a physical address in Canada. We don’t know if this address really exists. Accordingly, WikiFX sent a survey team to visit its address.
(Source: OPENGOVCA)
The Record of HIIFX on WikiFX
On WikiFX, there are four brokers that share the same name “HIIFX”. Unfortunately, three of them did not have addresses shown on WikiFX. The address for the other one is in China.
Field Survey On HIIFX
| Full name: High Inspiration International Limited |
| Address: 500- 7030 Woodbine, Markham, ON L3R 6G2, CA |
| Visited by: WikiFX team |
WikiFXs survey team arrived at the address of the High Inspiration International Limited shown on OPENGOVCA.
500-7030 Woodbine
The map led the WikiFX team under a building. There's a sign in front that says “7030 WOODBINE AVENUE”.
Investigators went inside the building and found no record of HIIFX on the electronic screen. Instead, our team member found a company called “Harry Walle Insurance Agency Ltd”.
WikiFX failed to find HIIFX in that building eventually. In other words, HIIFX does not exist there.
Conclusion
As we expected, since HIIFX (DRCFX) is a Ponzi Scheme, constantly changing its name and location, and setting up a new scam to lure investors to join, it is reasonable for us to be failed to find its address. Therefore, HIIFX doesn't have any credibility. If you invest in such a dealer, your money will be as missing as its address. If you are curious about the fraud case of HIIFX(DRCFX) or you want to know more about HIIFX, you can click this link https://www.wikifx.com/en/newsdetail/202206235554605531.html to read our relevant article for more details.
WikiFX will keep track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open the WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP to find the most trusted broker for yourself.
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