INITIAL MERIT SECURE LTD (previously Nextrade Worldwide Ltd), is registered as a Cyprus Investment Firm (CIF). As a customer-centric broker, the company is devoted to providing trading solutions and replicable experience in the financial Markets.
According to the regulatory information, the broker IMS has the STP license issued by CySEC and located at 3, PyThaGora STreeT, PyThaGoras CourT, 4Th Floor, CY-3027 LiMassol. The survey team thus decided to have an on-site visit to this regulatory address for confirmation.
The survey team followed the address on the regulatory information to an office building located at 3, PyThaGora Street, Limassol, Cyprus. The building is about 500 meters away from the seaside. It is a five-story commercial building where there are many residential buildings nearby.
Entering the building, the team saw the logo of IMS on the directory of lobby.
To further verify whether the broker operates here, the team came to the 4th floor where there was a doorplate bearing the logo of IMS.
It is confirmed after the survey team’s site visit that IMS’s office indeed is located at the regulatory address. However, the team was unable to enter the broker's office so that the office scale and operation condition of which remained unknown. Please be prudent when trading with this broker.
The content is for informational purpose only, and shall not be taken as final order for making choice.
5-10 years | Regulated in Cyprus | Straight Through Processing(STP) | …
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