Purpose

The Cyprus forex market has developed into a market of considerable scale and activity in recent years. With relatively relaxed financial regulatory policies and an advantageous geographical location, it has attracted numerous forex brokers to establish operations there. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, our team conducted on-site visits in Cyprus.

Process

The team visited the forex broker Eightcap in Cyprus as planned. According to public information, their office address is 4 Petrou Tsirou Street, 2nd Floor 3021 Limassol, Cyprus.

A professional and experienced team, driven by a sense of mission to rigorously vet investment opportunities, meticulously planned and traveled to Cyprus to conduct an on-site verification of the broker EightCap, which claims to be located at 4 Petrou Tsirou Street, 2nd Floor, 3021 Limassol, Cyprus.

The team has successfully arrived at the target building, which is located in a specific area of Cyprus. Due to the lack of available information, the surrounding environment cannot be described, and the commercial atmosphere is difficult to assess. No company signage or relevant information for the trading firm Eightcap was found on the exterior of the building.

The team entered the building lobby and stated 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, it was not possible to verify whether eightcap's office area has clear signage or security measures. Additionally, we could not photograph the reception desk or its logo, and this office is not a shared workspace.

The team conducted observations outside the building. Since they couldn't enter the interior, they were unable to observe the company's internal environment and other conditions.

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

Conclusion

The team visited the forex broker Eightcap at its publicly displayed business address in Cyprus as planned, but found no visible signage or information indicating the broker's company name at the location, demonstrating the broker lacks a genuine physical business presence. Investors are advised to make comprehensive considerations before making their choice.

Disclaimer

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