Introduction

In order to help investors know more about the regulated brokers in Cyprus, this time the inspection team went to Limassol, Cyprus to visit the broker SLCS as planned.

Regulatory Information

The broker SLCS had a STP license authorized by CySEC. As the license has been canceled, the broker currently is under no regulation. 

Inspection Process

The destination of this Field Survey is 109 Griva DiGeni, AeGeon CourT, 3rd Floor, CY-3101 LiMassol, Cyprus.

The inspection team arrived at an office building at 109 Griva DiGeni. The building, on an old street in central Limassol, is in a messy situation as its ground floor in under renovation.

The inspection team entered the building and saw the nameplate of the broker SLCS by the elevator.

To further verify whether SLCS works in this building, the inspection team went to the 3rd floor, but didn’t saw any sign or information about the broker there.

Conclusion

The inspection team confirmed after the on-the-spot visit that there is an office place of SLCS at the address included in the regulatory information. Regretfully, the team failed to enter the office, so the business scale and operation status of the broker remain unknown. This session of Field Survey is presented as above.

Disclaimer

The information above is for reference only.