Purpose

The Cyprus foreign exchange market has developed in recent years into one with certain international influence. Leveraging its advantageous geographical location and relatively lenient financial regulatory policies, 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, our team conducted an on-site visit to Cyprus.

Process

This week, the team is scheduled to visit the forex broker Kamislaran in Cyprus for an on-site inspection. According to publicly available information, its office address is Leonidou 67, Larnaca 6030, Cyprus.

A professional and experienced team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Cyprus as per a well-planned schedule to conduct an on-site verification of the trader Kamislaran claiming to be located at Leonidou 67, Larnaca 6030, Cyprus.

The team has successfully arrived at the area of the target address and confirmed it is the correct location. No signs or relevant information related to the trader were found on the exterior of the building.

The team attempted to enter the building lobby and explained their purpose to the security personnel, but failed to obtain permission to enter.

Due to the inability to enter the building, it was not possible to reach the target floor to confirm the office area situation of Kamislaran, nor were there any obvious company logos or security measures in place. Additionally, it was not possible to photograph the reception desk or its logo, and it was not a shared office space.

Overall, no information about this broker was found, and it is judged to be fake. Therefore, after the on-site inspection, it was confirmed that the broker Kamislaran does not exist at the above address.

Conclusion

The team visited the forex broker Kamislaran in Cyprus as planned, but found no information such as the company name at the publicly displayed business address, indicating that the broker does not have 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 decision-making.