Reason for this visit

Cyprus imprudently purchased Greek government bonds in 2012. When the Greek government bond management defaulted, the Cyprus banking system suffered heavy losses, exceeding 30% of the annual GDP of Cyprus, and the country's domestic debt crisis occurred. In response to the crisis, the Cypriot government introduced a terrible solution that was opposed by all the people, aggravating the crisis. At the same time, some people in Cyprus have discovered various foreign currencies that are independent of the sovereign currency and whose prices are in an upward cycle, which might be able to deal with this crisis. As a result, people poured funds into the small foreign exchange market in an attempt to hedge and protect themselves. For various reasons, Cyprus has gradually become a country with active foreign exchange transactions. In order to let investors truly understand the current situation of foreign exchanges in Cyprus, the survey team is going to Cyprus for on-site inspection.

On-site visit

This time the survey team went to Limassol, the second largest city in Cyprus, to visit the foreign exchange exchange Nessfx as planned. The survey address is Theklas Lysioti, 4 Harmony House, 3rd floor, Office 31, 3030, Limassol.

The survey personnel came to a shared office building according to the address on the supervision information. The Nessfx office is located in the old town of Limassol, Cyprus. The investigators arrived at the office building according to the address, and the side of the office building was Limassol City Park.

The investigators found on the water sign at the entrance of the building that the company name was consistent with the floor disclosed on the website.

The investigators found the name of the trader Nessfx on the mailbox in the lobby. There was neither access control system nor front desk in the hall, so the survey personnel decided to go upstairs to visit.

The investigators found the dealer's office on the third floor, facing the elevator, with a LOGO posted on the door. However, no one responded after the survey personnel rang the doorbell, so they did not enter the company to visit.

Conclusion

The actual address of the dealer Nessfx Cyprus licensed company is consistent with the regulatory address, and the office has convenient transportation. Nevertheless, the survey personnel did not enter the company to visit, so the internal situation is unknown. Investors can make a sensible choice after careful consideration.

Disclaimer

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