Purpose

The foreign exchange market in Cyprus has developed with a certain degree of openness in the process of international financial integration. Leveraging its advantageous geographical location and relatively lenient financial policies, it has attracted numerous forex brokers to conduct business here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team visited Cyprus for an in-depth exploration.

Process

The on-site inspection team visited the forex broker eightcap in Cyprus as planned. According to public information, its office address is Anexartisias 187, 1st floor, 3040 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 a physical verification of the broker claiming to be located at Anexartisias 187, 1st floor, 3040 Limassol, Cypruseightcap.

The inspector successfully arrived at the target location, which was relatively quiet with limited commercial activity. After a thorough search, no signs or relevant information of the trader were found on the exterior of the building.

The inspector arrived in front of the building but couldn't enter directly due to access control. The inspector explained their purpose to a nearby staff member and inquired about the trader. The staff member stated they had never heard of the company.

Since the surveyor was unable to enter the building, they could not reach the target floor and thus were unable to confirm whether there were clear signs of eightcap or security measures in the office area. They also failed to obtain permission to enter the interior, and the office space is not a shared workspace.

In summary, the on-site inspectors were unable to observe the internal environment of the company through the building's access control system, and the overall situation does not align with the trader's claim of operating at this location. Therefore, after the on-site inspection, it was confirmed that the trader eightcap does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker eightcap 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 selection.