Purpose

The Cyprus foreign exchange market has developed into a market of considerable scale in recent years. With its relatively relaxed financial regulatory policies and favorable geographical location, it has attracted numerous forex brokers to operate here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team conducted on-site visits in Cyprus.

Process

The on-site inspection team visited the forex broker octa in Cyprus as planned. According to public information, its office address is "1 Ayias Zonis & Thessalonikis Corner Nicolaou Pentadromos Center Office 201, Block B".

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 octa claimed to be located at the address.

The inspector successfully arrived at the target building, which is located in a specific commercial area in Cyprus. The surrounding environment is average, with a mediocre commercial atmosphere. No company signage was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After a brief registration, they obtained entry permission. Upon entering the building, they immediately saw the company's directory board and information.

Upon arriving at the target floor 201, the field investigator found that the office area of octa had clear signage. Due to the lack of an appointment, the investigator was unable to enter the interior. However, the investigator was able to photograph the reception desk and its logo, and it was confirmed that the office was not a shared workspace.

Through the door, the on-site inspector observed that the company's internal office environment was simple, with only 1 room and 4 workstations, and only a few people were working at the time.

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

Conclusion

The on-site investigator visited the forex broker octa in Cyprus as planned. The broker's company name and other information were visible at the publicly displayed business address, indicating the existence of 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 considered as the final basis for selection.