Purpose

The Cyprus foreign exchange market has developed into a market with certain influence in recent years. With its advantageous geographical location and relatively lenient financial regulatory policies, 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, the team conducted an on-site visit to Cyprus.

Process

This week, the team is scheduled to visit the forex broker Tevetaiom in Cyprus for an on-site inspection. According to publicly available information, its office address is Karyatidon 13, Larnaca 6042, Cyprus.

A professional and experienced team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Cyprus according to a well-planned schedule to conduct on-site verification of the trader Tevetaiom claiming to be located at Karyatidon 13, Larnaca 6042, Cyprus.

The team has successfully arrived at the target building, which is located in a specific area of Cyprus with a relatively ordinary surrounding environment and average commercial atmosphere. A thorough search outside the building revealed no signs or relevant information related to the company.

The team tried to enter the building lobby and explained their purpose to the security personnel. However, after communication, they were not granted permission to enter.

Due to the inability to enter the building, it was not possible to reach the target floor to confirm the office area situation of Tevetaiom, nor to photograph the reception desk and logo. Additionally, this office space is not a shared workspace.

After a thorough search, no information about the company was found, and inquiries with passersby revealed they had never heard of it, casting doubt on its authenticity. Therefore, the on-site verification confirmed that the broker Tevetaiom does not exist at the aforementioned address.

Conclusion

The team visited the forex broker Tevetaiom in Cyprus as planned, but found no information such as the company name at the publicly displayed business address, indicating that the broker does not have a genuine operational presence. 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.