Reason for this visit

In the retail forex market, there are a good number of regulated dealers in Cyprus.  However, some of the dealers in that region are not well known to investors, including their scale and business operation. In order to provide investors with more comprehensive information, the survey team visited NBH MARKETS, a dealer based in Limassol, Cyprus.

Regulatory Information

According to the regulatory information, the dealer NBH MARKETS has the MM license issued by CySEC and located at 377 28 OkTovriou, SOBOH HOUSE, 3rd Floor Neapoli, 3107, LiMassol.The survey team thus decided to have an on-site visit to this regulatory address for comfirmation.

On-site visit

The team followed the address from the regulatory information and arrived at SOBOH HOUSE, the office building where the dealer NBH MARKETS’s office is located in East Section of Haibin Avenue, Limassol, Cyprus. As an aside, the building is one of landmarks of Limassol and very conveniently located.

The survey team went to the aforesaid address and outside the building caught sight of the logo of dealer NBH MARKETS. Then the team entered the building and asked the receptionist for information. The team was not allowed to take pictures, but looking around the lobby found it was lavishly decorated.

Conclusion

Based on the result of this spot survey, the surveyors confirmed that NBH MARKETS’s office did exist and consistent with the regulatory information. Unfortunately, the surveyors were not able to get inside the office, the scale of which was unknown. Please be prudent when trading with this dealer.

 Disclaimer

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