Reason for this visit

To help investors have good knowledge of regulated brokers in Cyprus, the survey team this time visited Coverdeal FX, a broker based in Limassol, Cyprus.

Website Address

EN: https://coverdealfx.com

Regulatory information

According to the regulatory information, the broker Coverdeal FX has the MM license issued by CySEC and located at 12 Archiepiskopou Makariou Avenue III, Zavos KrisTellina Tower, OFFice No 201, Mesa GeiTonia, LiMassol 4000. 

On-site visit

The survey team followed the address on the regulatory information to an office building at 12 Archiepiskopou Makariou Avenue III, Limassol, Cyprus. The building is about 2.5 kilometers away from the famous Esplanade, not far from the cross-city expressway, with superior location and convenient transportation.

After entering the building, the survey team saw the logo of Coverdeal FX on the mailbox of Office 201. Obviously, it is consistent with the regulatory information that Coverdeal FX is operated in Office 201 of building.    

To further verify whether Coverdeal FX works in this building, the team came to Office 201. Also, there is a logo of Coverdeal FX hang at the door.  

Conclusion

It is confirmed after the survey team’s site visit that Coverdeal FX’s office indeed is located at the regulatory address. With the general impression, the broker has its strength in management. 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.