Introduction

There are several dealers loacted in the WTC Cyprus Trust Building of Limasso, Cyprus. The inspection team decided to have on-site visit to these dealers. This time, it turned to the dealer TFX Markets.

Regulatory Information

Regulatory information about TFX Markets:

Type of License: STP License issued by CySEC

Address: 359, 28th October Street, WTC Cyprus Trust Building, 3107, Limassol, Cyprus

Process

The team followed the address from the regulatory information and arrived at WTC Cyprus Trust Building which is a landmark of Limassol and very conveniently located.

The team didn’t find any logo of TFX Markets in the building. Then the team asked the receptionist for information about the dealer, and was told this company is not heard of. Afterward, the receptionist kindly called the administration to confirm the situation, and learned the company had moved away a year ago. The team was not allowed to take a picture of the lobby.

Conclusion

It is confirmed after the team’s site visit that there is no office of TFX Markets at the address included in the regulatory information. In other words, the dealer’s regulatory information is not true. Please be prudent if trading with this dealer. 

Disclaimer

The information above is for reference only.