Introduction

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

Regulatory Information

SquaredDirect is fully licensed by CySEC, with registered address at: Archiepiskopou Makariou 205, Victory House, 5th floor, 3030 Limassol, Cyprus.

Inspection Process

The team arrived at the office building named Victory House in Limassol, Cyprus. Located 200 meters from the sea, the building is conveniently located on the busiest commercial street in Limassol.

The team didn’t find any logo of SquaredDirect on the fifth floor, instead, a logo of SquaredFinancial was found on the door of an office.

To further confirm whether SquaredDirect works in this building, the team entered the office and again saw the logo of SquaredFinancial. The team learned from one employee that SquaredDirect has been renamed as SquaredFinancial.

Conclusion

The team found that the broker SquaredDirect is renamed as SquaredFinancial. At the registered office of SquaredDirect, the logo of SquaredFinancial is shown. That’s all for this session of Field Survey.

Disclaimer

The content is for information purposes only and it is not intended as a recommendation or advice.