Purpose

The Cyprus foreign exchange market has emerged as a significant player in recent years, attracting numerous forex brokers to establish offices there due to its advantageous geographical location, robust financial regulatory framework, and open financial policies. To assist investors and professionals in gaining a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Cyprus.

Process

The on-site inspection team visited the forex broker OneRoyal in Cyprus as planned. According to public information, its office address is 3106 Limassol, John Kennedy St. 3rd floor Office 340 Kanika Complex, Iris House.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Cyprus to conduct an on-site verification of the trader claiming to be located at 3106 Limassol, John Kennedy St. 3rd floor Office 340 Kanika Complex, Iris House OneRoyal.

The field investigator successfully arrived at the target building, which is located in a bustling area with a strong commercial atmosphere. However, no company logo or relevant information related to OneRoyal was found on the exterior of the building.

The inspector entered the building lobby and, after stating their purpose to the security guard, obtained permission to enter. Inside the building, no signage for the company was found. Upon inquiring with the staff, it was learned that the company had previously operated there but later relocated.

Upon reaching the target floor, the field investigator found no visible signs of OneRoyal in the office area, nor any security measures. Since the company does not operate at this location, the investigator was unable to enter the premises, take photos of the reception desk or its logo, and confirmed that this is not a shared office space.

Through the glass door, the internal environment of the company could not be observed due to the inability to enter.

Therefore, after on-site verification, it is confirmed that the broker OneRoyal does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker OneRoyal in Cyprus as planned. The broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine operational location. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be considered as the final basis for decision-making.