Purpose

The Cyprus forex market has developed in recent years into a market with certain international influence. Leveraging its advantageous geographical location, lenient financial policies, and robust regulatory framework, it has attracted numerous forex brokers to establish operations there. To help investors and 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 PU Prime in Cyprus as planned. According to public information, its office address is Archiepiskopou Makariou III, 160 - 1st floor, 3026, Limassol, Cyprus.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Cyprus to conduct an on-site verification of the broker PU Prime claiming to be located at Archiepiskopou Makariou III, 160 - 1st floor, 3026, Limassol, Cyprus.

The investigator successfully arrived at the target area. The location is surrounded by a gas station and an unrelated building, with no commercial atmosphere related to forex trading in the vicinity, appearing rather ordinary. No signs or relevant information about the forex broker PU Prime were found on the exterior of the building.

The inspection personnel entered the building lobby and obtained entry permission after stating their purpose to the security guard. However, no directory signage for the broker PU Prime was found inside the building, nor was its logo visible.

Since no clues leading to the broker's office area could be found in the building, the investigators were unable to reach the specific floor or confirm its exact location, let alone enter the company premises. This visit did not involve a shared office space, and no photos of the reception area or its logo could be taken.

Through the building lobby, the on-site investigator could not observe the internal office environment of broker PU Prime, and the overall situation does not match its claimed positioning.

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

Conclusion

The inspection team visited Cyprus as planned to conduct an on-site investigation of forex broker PU Prime. At the publicly displayed business address, they found no information such as the broker's company name, indicating the broker lacks a genuine operational premises. Investors are advised to make comprehensive considerations before making decisions.

Disclaimer

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