Purpose

The Cyprus forex market has developed in recent years into a market with certain international influence. Leveraging relatively relaxed financial policies and a superior geographical location, it has attracted numerous forex brokers to establish operations here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Cyprus.

Process

The on-site inspection team visited the forex broker RTG in Cyprus as planned. According to public information, its office address is Lykourgou, 38 Athienou, 7600, Larnaca, Cyprus.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Cyprus according to a well-planned schedule to conduct an on-site verification of the broker RTG claiming to be located at Lykourgou, 38 Athienou, 7600, Larnaca, Cyprus.

The inspector successfully arrived at the target location. The surrounding area mainly consists of small street shops with an average commercial atmosphere. No company signage or related information was found on the exterior of the building.

The investigator attempted to enter the building but failed to obtain access permission, as there were no company signage in the building nor any RTG logo identification.

Since access to the building is unavailable, it's impossible to reach the target floor to verify the specific location. There are no visible signs RTG or security measures indicating office areas, making internal entry unfeasible. Furthermore, it's impossible to photograph the reception desk or its logo, and this address is not a shared office space.

Since only some small street shops were found when searching for any information about the broker, their authenticity is questionable. Therefore, after on-site verification, it was confirmed that broker RTG does not exist at the above address.

Conclusion

The inspection team visited the forex broker RTG in Cyprus as planned, but found no information such as the company name at the publicly displayed business address, indicating the broker lacks a genuine operational premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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