Purpose

The foreign exchange market in Cyprus has developed into a relatively dynamic market in recent years. Leveraging its advantageous geographical location and relatively lenient financial regulatory policies, it has attracted numerous forex brokers to establish their operations there. To assist investors or practitioners in gaining a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted a field visit to Cyprus.

Process

The on-site inspection team visited the forex broker Evoprolium in Cyprus as scheduled. According to public information, its office address is Trion Ierarchon, 19 Larnaka 6037, 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 trader Evoprolium allegedly located at Trion Ierarchon, 19 Larnaka 6037, Cyprus.

The inspection personnel successfully arrived at the area of the target address, where the surrounding environment and commercial atmosphere were average. After a careful search outside the building, no signs or relevant information of the trader were found.

The field investigator went to the first floor of the building. Since there was no directory listing for this company and no relevant information was found, the investigator explained the purpose of the visit to the security personnel but was not granted permission to enter.

Since access to the building is not possible, it is also impossible to reach the target floor to confirm the office area situation of Evoprolium, take photos of the reception desk and logo, and it is not a shared office either.

Through the building entrance, due to distance and other factors, it was impossible to observe the internal environment of the company. Since no information about this broker could be found after careful searching, its authenticity is questionable.

Therefore, after on-site verification, it is confirmed that the broker Evoprolium does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker Evoprolium in Cyprus as planned. However, no information such as the company name of the broker was found at the publicly displayed business address, indicating that the broker does not have a genuine operational location. 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 decision-making.