Purpose

The foreign exchange market in Cyprus has developed into a relatively active market in recent years. With its advantageous geographical location, well-established financial regulatory system, and open financial policies, 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, an on-site inspection team conducted field visits in Cyprus.

Process

The on-site inspection team visited the forex broker HFM in Cyprus as planned. According to public information, its office address is Spyrou Kyprianou & Papanikoli 84, NIC. SHOPPING CITY ANG. COURT, 6th floor, Flat/Office 601, 6052, Larnaca, Cyprus.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to the target area in Cyprus to conduct on-site verification of the trader HFM claimed to be located at the address.

The inspector successfully arrived at NIC. SHOPPING CITY ANG. COURT, located in a bustling area of Cyprus with a vibrant surrounding environment and strong commercial atmosphere. The company's signage is directly visible from the exterior of the building.

The inspector entered the building lobby and stated their purpose to the security personnel. After completing the registration, they obtained entry permission. The company's information was also listed on the directory at the building entrance.

Upon arriving at the target floor, the field investigator noticed clear signage for HFM's office area. Due to reasons such as lack of prior appointment, the investigator was unable to enter the premises. However, it was confirmed that the office is not a shared workspace.

Through the doorway, although the internal office environment of the company is not clearly visible, one can sense that there is indeed a company operating normally here, and the overall situation aligns with its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker HFM exists at the above address.

Conclusion

The inspection team visited the forex broker HFM in Cyprus as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating the broker has 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 selection.