Purpose

The Cyprus foreign exchange market has developed into a relatively active market in recent years, attracting numerous forex brokers to operate here due to its advantageous geographical location and relatively lenient financial regulatory policies. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Cyprus.

Process

The on-site inspection team visited the forex broker BH Iveny in Cyprus as planned. According to public information, its office address is Kalimnou 49, Larnaca 6037, Cyprus.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Cyprus to conduct an on-site verification of the broker claiming to be located at Kalimnou 49, Larnaca 6037, Cyprus BH Iveny.

The on-site inspector successfully arrived at the target building, located in the Larnaca area of Cyprus. The surrounding environment is relatively quiet, with a moderate commercial atmosphere. After carefully searching the exterior of the building, no signage or relevant information related to the broker BH Iveny was found.

The field investigator entered the first floor of the building and explained their purpose to the security guard, but failed to obtain permission to enter.

Due to the inability to enter the building and reach the target floor, it was not possible to confirm whether there were clear signs or security measures in the BH Iveny office area. Additionally, it was not possible to photograph the reception desk or its logo. This office is not a shared workspace.

The internal environment of the company cannot be observed through public areas, and no information about this broker has been found, casting doubt on its authenticity.

Therefore, after on-site verification, it has been confirmed that the broker BH Iveny does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker BH Iveny 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.