Purpose

The Cyprus forex market has developed in recent years into a forex market with a certain degree of international influence. Leveraging relatively relaxed financial regulatory policies and a favorable geographical location, it has attracted numerous forex brokers to establish their operations there. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Cyprus for a field visit.

Process

As scheduled, the on-site inspection team visited the forex broker Money Fund in Cyprus. According to publicly available information, its office address is Konstantinou Palaiologou 36, Larnaca.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Cyprus. Following the address details, they proceeded to the area of Konstantinou Palaiologou 36 to conduct an on-site verification of the broker Money Fund claiming to be located at that address.

The investigator successfully arrived at the area of the address. The surrounding environment of the location is generally quiet, with a moderate commercial atmosphere. On the exterior of the building, no company signage or related information for Money Fund was found.

The investigator entered the building lobby and stated their purpose to the security personnel. After communication, permission to enter was not granted.

Since access to the building is not possible, it is also impossible to reach the target floor to verify the office area situation of Money Fund. The front desk and its LOGO cannot be photographed, and it is not a shared office space.

The on-site investigator arrived at the building's exterior and confirmed reaching the address. However, no information related to this broker/dealer was found. The overall situation does not match its claimed positioning.

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

Conclusion

The on-site investigator visited the forex broker Money Fund in Cyprus as planned. At the publicly displayed business address, no information such as the broker's company name was visible, 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 sole basis for final decision-making.