Reason for this visit

To help investors have good knowledge of regulated brokers in Cyprus, the survey team this time visited Rodeler, a broker based in Limassol, Cyprus.

Regulatory Information

According to the regulatory information, the broker Rodeler has the MM license issued by CySEC and located at 39, Kolonakiou STreeT, FREMA PLAZA, 1sT Floor, Ayios AThanasios, CY-4103 LiMassol. 

On-site visit

The survey team followed the address on the regulatory information to an office building at 39, Kolonakiou Street, Limassol, Cyprus. The building stands out in the street. No logo of Rodeler is found at the entrance area of the building.

Entering the building, the team didn’t find the logo or other information of Rodeler on the directory. To further verify, the team took the elevator to the 1st floor and found there was a service company. They knocked to enter the office and asked the reception for information. The staff said that she had never heard of Rodeler. Later, the team inquired the person in charge of the company, who also said that Rodeler was not working here.    

Conclusion

The survey team confirmed after the on-the-spot visit that there is no office of Rodeler at the address mentioned in the regulatory information. Please be prudent when trading with this broker. 

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.