Purpose

The Cyprus forex market has developed in recent years into a market with certain international influence. Leveraging relatively relaxed financial policies and an advantageous geographical location, it has attracted numerous forex brokers to establish operations there. To help investors and 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 Fake Eurotrader in Cyprus as planned. According to public information, their office address is Makaria Centre, Office 501, 22 Leoforos Archiepiskopou Makariou 3, Larnaca 6017.

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 Fake Eurotrader claiming to be located at Makaria Centre, Office 501, 22 Leoforos Archiepiskopou Makariou 3, Larnaca 6017.

The inspection personnel successfully arrived at Makaria Centre, located in the Larnaca area of Cyprus. The surrounding environment and commercial atmosphere are average. No company signage or related information was found on the exterior of the building.

The inspector attempted to enter 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 and reach the target floor 501, it was impossible to determine whether there were clear signs or security measures in Fake Eurotrader's office area. Since access to the building was not obtained, it was not possible to photograph the reception desk or its logo, nor was it a shared office space.

Overall, no information about this broker was found, and its authenticity is questionable. Therefore, after on-site verification, it was confirmed that the broker Fake Eurotrader does not exist at the above address.

Conclusion

The on-site investigator conducted a scheduled visit to Cyprus to inspect the forex broker Fake Eurotrader. At the publicly displayed business address, no information such as the broker's company name was found, indicating the broker lacks a genuine operational premises. 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.