Purpose

The Greek forex market has gradually developed into a relatively active forex market in recent years, occupying a certain position in the European financial market. Its diverse trading styles have attracted the attention of numerous investors and professionals. To help investors and practitioners gain a more comprehensive understanding of forex brokers in this region, our inspection team conducted on-site visits in Greece.

Process

The on-site inspection team visited the forex broker Ultra Funds Limited in Greece as scheduled. According to public information, their office address is 5 Metsovou str. 106 82 Athens Greece.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Greece to conduct an on-site verification of the broker Ultra Funds Limited claiming to be located at 5 Metsovou str. 106 82 Athens, Greece.

The inspection personnel successfully arrived at the target building, which is located in a specific area of Athens with relatively ordinary surroundings and average commercial atmosphere. No company signage or relevant information was found on the exterior of the building.

The inspection personnel entered the building lobby and explained their purpose to the security guard. After communication, they were informed that entry permission could not be granted.

Since access to the building is unavailable, it is impossible to reach the target floor to verify the office area situation of Ultra Funds Limited. Photos of the reception desk and its logo cannot be taken, and it is not a shared office space either.

The on-site investigator found no information about this broker. Upon inquiring with the building management, they were informed that no such company exists. Therefore, the on-site verification confirms that the broker Ultra Funds Limited does not exist at the above address.

Conclusion

The field investigator visited Greece as planned to conduct an on-site inspection of the forex broker Ultra Funds Limited. No information such as the company name of the broker was found at its publicly displayed business address, indicating the broker lacks a genuine operational premises. Investors are advised to make comprehensive considerations before making decisions.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.