Purpose

The Cypriot forex market has developed in recent years into a market with certain international influence. Leveraging 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 on-site inspection team traveled to Cyprus for field visits.

Process

In this issue, the on-site inspection team visited the forex broker CAPEX.com in Cyprus as planned. According to public information, its office address is Agias Zonis 11, 3027, Limassol, Cyprus.

A professional and experienced on-site verification team, driven by a sense of mission to strictly safeguard investors, traveled to Cyprus according to a well-planned schedule to conduct a physical verification of the broker CAPEX.com claiming to be located at Agias Zonis 11, 3027, Limassol, Cyprus.

The verification personnel successfully arrived at the target address. The surrounding environment of the location is difficult to accurately describe due to the company's non-existence. No company signage or any relevant information regarding CAPEX.com was found on the exterior of the building.

The verification personnel entered the ground floor of the building, stated their purpose to the security guard or staff, but were not granted access because there was no company directory within the building indicating the presence of this broker.

Due to the inability to enter the building, it was impossible to reach the target floor, let alone discover whether the office area of CAPEX.com had clear signage or security measures. Since the specific floor could not be reached, entry into the interior was not possible, and the address was not a shared office space.

The verification personnel were unable to learn about the company's internal environment and other conditions. No information regarding this broker was found, leading to the judgment that it is false.

Therefore, after the on-site verification, it is confirmed that broker CAPEX.com does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker CAPEX.com in Cyprus as planned. At its publicly displayed business address, no information such as the broker's company name was visible, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.