Purpose

The foreign exchange market in Cyprus has developed into one with certain international influence in recent years. Thanks to its advantageous geographical location, relaxed financial policies, and a well-established regulatory system, it has attracted numerous forex brokers to operate here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Cyprus.

Process

The on-site inspection team visited the forex broker D prime in Cyprus as planned. According to public information, its office address is D. Vrachimis Building, 2A, 59 Agios Athanasios Avenue 4102 Limassol, Cyprus.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Cyprus to conduct an on-site verification of the broker D prime allegedly located at D. Vrachimis Building, 2A, 59 Agios Athanasios Avenue 4102 Limassol, Cyprus.

The field investigator successfully arrived at the target location, only to find it was an ordinary residential building with a typical neighborhood environment and no commercial atmosphere. No signage or any relevant information about the trader was found on the exterior of the building.

The field investigator attempted to enter the building. Due to the lack of any company-related guidance and the fact that the building is primarily a residential property, they were unable to explain their purpose of visiting the company to the security or staff, and naturally, failed to obtain entry permission.

Since access to the building is impossible, reaching the target floor is out of the question, let alone identifying whether D prime's office area has clear signage or security measures, making any entry into the interior unfeasible. Moreover, this is not a shared office space.

The on-site inspector could only observe from outside the building and found no signs related to the broker. The overall situation completely contradicts its claimed positioning.

Therefore, after on-site verification, it was confirmed that the broker D prime does not exist at the above address.

Conclusion

The field investigator visited the forex broker D prime in Cyprus as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for decision-making.