Purpose

The Cyprus forex market has developed into a relatively influential forex market in recent years, attracting numerous forex brokers to establish operations there due to its favorable financial regulatory environment and geographical advantages. 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 Nation FX in Cyprus as planned. According to public information, their office address is Driadon 1, Office 105, 6041 Larnaca, Cyprus.

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 Nation FX claiming to be located at Driadon 1, Office 105, 6041 Larnaca, Cyprus.

The inspection personnel successfully arrived at the target address location, where the surrounding environment appeared relatively ordinary. However, no company signage or relevant information related to Nation FX was found anywhere on the exterior of the entire 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, it was impossible to reach the target floor to confirm the specific location. Naturally, no obvious signage for the Nation FX office area was found, nor was it possible to enter the company premises to photograph the reception area and logo. This office location is also not a shared workspace.

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

Conclusion

The inspection team visited the forex broker Nation FX in Cyprus as planned, but found no information such as the company name at its publicly displayed business address, 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 used as the final basis for selection.