Purpose

The Cyprus foreign exchange market has developed into a highly influential forex market over the past few decades. Leveraging its advantageous geographical location, robust financial regulatory framework, and open financial policies, it has attracted numerous international forex brokers to establish branches there. 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 Plus500 in Cyprus as planned. According to public information, its office address is 169 - 171 Avenue Arch. Makarios III, Cedars Oasis Tower, Floor 1, 3027, Limassol.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, traveled to Cyprus according to a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the broker Plus500.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader Plus500 reportedly located at 169 - 171 Avenue Arch. Makarios III, Cedars Oasis Tower, Floor 1, 3027, Limassol.

The inspector successfully arrived at Cedars Oasis Tower, located in the bustling city center of Limassol with a strong commercial atmosphere. Upon arrival, it was found to be an impressive luxury building.

The inspector entered the building lobby and stated their purpose to the security personnel. After completing the registration, they obtained entry permission. Upon entering the building, they immediately noticed the company's relevant signage.

Upon arriving at the target floor (1st floor), the field investigator discovered the office area of Plus500. Due to reasons such as lack of prior appointment, the investigator was unable to enter the interior. However, the investigator was able to photograph the reception area and its logo, confirming that the office is not a shared workspace.

Although the internal office environment cannot be seen through the entrance, the overall appearance of the building and internal signage align with its claimed positioning.

Therefore, after the on-site inspection, it is confirmed that the broker Plus500 exists at the above address.

Conclusion

The on-site investigator visited the forex broker Plus500 in Cyprus as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating that 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.