Reason for this visit
To help investors have good knowledge of regulated brokers in Cyprus, the survey team this time visited ACURAFX, a broker based in Limassol, Cyprus.
According to the regulatory information, the broker ACURAFX has the MM license issued by CySEC and located at Omonoias, 141, The Maritime Centre, Block B, 1st floor, 3045, Limassol, Cyprus.
In addition, IC Markets also holds the MM license issued by ASIC and the retail Forex licence issued by the Seychelles Financial Services Authority (FSA) .
The survey team followed the address on the regulatory information to an office building located at Omonoias, 141, Limassol, Cyprus. The building named "The Maritime Centre" is adjacent to the new marina. Looking around, it looks high-end with nice environment. On the signboard outside the office building, the team didn’t find the logo of ACURAFX but saw the one of broker IC Markets. Later, the team came to the lobby of building where there was no logo of ACURAFX either.
To further verify whether ACURAFX works here, the team walked out of the building. From the billboards around the building, they saw the logo of IC markets but no logo of ACURAFX.
The survey team confirmed after the on-the-spot visit that there is no office of ACURAFX at the address mentioned in the regulatory information. Of course, there is also a possibility that the broker ACURAFX and IC Markets refer to the same company. However, this surmise could not be confirmed because the team were unable to enter the building.Thorough consideration is suggested for making any choice.
The content is for informational purpose only, and shall not be taken as final order for making choice.
Within 1 year | Suspicious Regulatory License | Non MT4/5 Software | <…
Raw Trading Ltd
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.