Purpose

The Greek forex market has developed over a long-term financial evolution process, forming a market with certain scale and distinctive characteristics that occupies a unique position within the European financial system. To help investors and practitioners gain a more comprehensive understanding of forex brokers in this region, our on-site investigation team conducted field visits in Greece.

Process

The on-site inspection team visited the forex broker CFS in Greece as planned. According to public information, its office address is Παπαρρηγοπούλου 3, Αθήνα - 10561.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to the target area in Greece to conduct an on-site verification of the trading firm CFS claiming to be located at Παπαρρηγοπούλου 3, Αθήνα - 10561.

The inspector successfully arrived at the target location, where the surrounding business atmosphere is average. No company logo or related information of CFS was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel, but failed to obtain entry permission.

Due to the inability to enter the building, we could not reach the target floor and thus were unable to verify whether there were clear signage or security measures in CFS's office area. Additionally, we could not photograph the reception desk or its logo, and this office is not a shared workspace.

Upon arrival, the investigator confirmed it was the correct address but found no information about any brokerCFS, concluding that the office address was fake.

Therefore, after on-site verification, it has been confirmed that the broker CFS does not exist at the aforementioned address.

Conclusion

The inspection team visited Greece as planned to conduct an on-site investigation of the forex broker CFS. At the publicly displayed business address, they were unable to find any information such as the company name of the broker, indicating that the broker does not have a genuine physical business 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 used as the final basis for selection.