A Visit to WONDERINTEREST in Cyprus – Office Found

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A Visit to WONDERINTEREST in Cyprus – Office Found
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A Visit to WONDERINTEREST in Cyprus – Office Found
A Visit to WONDERINTEREST in Cyprus – Office Found
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A Visit to WONDERINTEREST in Cyprus – Office Found
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A Visit to WONDERINTEREST in Cyprus – Office Found
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A Visit to WONDERINTEREST in Cyprus – Office Found
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Ioanni Tsirou, Olziit, Limassol District, Cyprus

Reason for this visit

Established in 2003, the Cyprus Securities and Exchange Commission (CySEC) is a financial services regulatory authority, overseeing financial products including securities, stocks, foreign exchange, etc., and its financial regulation and operations align with the European Unions MiFID financial framework.

Since Cyprus joined the EU in 2004, CySEC has become an integral part of the EU‘s Markets in Financial Instruments Directive (MiFID) regulations. This means that any company registered in Cyprus can freely bring its business into the entire European market. As a result, Cyprus has invisibly attracted more and more overseas companies to choose to register there. There has been a notable increase in overseas retail forex brokers who are eager to obtain CySEC regulation. Additionally, significant changes have occurred in Cyprus since it adopted the Euro in 2008. CySEC is now regarded as a reputable regulatory authority, and obtaining a CySEC license gives customers a more positive impression of a company. In brief, obtaining a CySEC license in Cyprus provides clients with a greater sense of security and protection. Furthermore, Cyprus not only has the lowest corporate tax rate among all EU member states but also aims to develop Cyprus’ stock market into the safest, most reliable, and attractive investment destination. In an attempt to provide investors with a tangible understanding of the current situation of brokers in Cyprus, WikiStock survey team is determined to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Cyprus, the second largest city of Cyprus, to visit broker WONDERINTEREST as planned according to its regulatory address that 176 Archiepiskopou Makariou III Avenue, Paschalis House, 2nd Floor, Office 201, CY 3027 Limassol, Cyprus.

The investigators came to 176 Archiepiskopou Makariou III Avenue in Limassol, Cyprus for a visit to the brokers office, and located Paschalis House, a 5-storey commercial building with a well-maintained façade, in the central business district of the city.

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Upon arrival at the building for further investigation, the survey personnel spotted a directory and mailboxes at the entrance. A mailbox displayed that WONDERINTEREST was situated in office 201 on the 2nd floor. Then they walked up the stairs to the floor where there were two offices and discovered that office 201 was occupied by WONDERINTEREST, Zetano, and Investago. In the meantime, according to the official website of WONDERINTEREST, it owns both Zetano and Investago.

Through the on-site investigation, it is confirmed that the broker has a physical presence at the location.

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Conclusion

The survey team went to Cyprus to visit broker WONDERINTEREST as scheduled, and found the companys name at its regulatory address. This denotes that it has a physical business office at the place. Meanwhile, investors are advised to make a judicious decision following an overall consideration.

Disclaimer

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

Wonderinterest
Regulated
Website:https://www.wonderinterest.com/de
5-10 yearsRegulated in CyprusStocksCommission 1%
  • Company Name :
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  • Company Abbreviation :
    Wonderinterest
  • Country/ Region of Registry :
    Cyprus
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  • Customer Service Number :
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