Reason for this visit

In order to help investors have a more comprehensive understanding of the regulated forex brokers in Cyprus, this time the survey team visited Trading212, a broker based in Limassol, Cyprus.

Regulatory information

According to the regulatory information, the broker Trading212 has the MM license issued by CySEC and located at 11，GriGori AFxenTiou STreeT, CenTro lMperio, OFFice 102,Mesa GeiTonia CY-4003 LiMassol. The survey team thus decided to have an on-site visit to this regulatory address for confirmation.

In addition, Trading212 also holds the MM license issued by FCA, and the retail foreign exchange licence issued by VFSC.

On-site visit

The survey team followed the regulatory address and arrived at an office building at 11, GriGori AFxenTiou Street, Limassol. The building looks relatively new named "CenTro lMperio", which can be easily found in the street. According to the regulatory information, the broker Trading212 is located in Office 102 of building.

The survey team found the logo of Trading212 on the directory outside the building. Entering the lobby, they caught the sight of its logo again.    

The team later took the elevator to the 1st floor and found Office 102. However, there was a logo of other companies at the door, and they failed to find the logo of Trading212. It was puzzling.    

Conclusion

The team’s site visit confirmed the the existing office place of Trading212 at the regulatory address. However, the office place bears the doorplate and logo of other companies. Please be prudent when trading with this broker.    

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.