WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

A Visit to JFBBI in Cyprus -- No Office Found

Danger Cyprus

Makariou III, Olziit, Limassol District, Cyprus

A Visit to JFBBI in Cyprus -- No Office Found
Danger Cyprus

Reason for this visit

Cyprus imprudently purchased Greek government bonds in 2012. When the Greek government bond management defaulted, the Cyprus banking system suffered heavy losses, exceeding 30% of the annual GDP of Cyprus, and the country's domestic debt crisis occurred. In response to the crisis, the Cypriot government introduced a terrible solution that was opposed by all the people, aggravating the crisis. At the same time, some people in Cyprus have discovered various foreign currencies that are independent of the sovereign currency and whose prices are in an upward cycle, which might be able to deal with this crisis. As a result, people poured funds into the small foreign exchange market in an attempt to hedge and protect themselves. For various reasons, Cyprus has gradually become a country with active foreign exchange transactions. In order to let investors truly understand the current situation of foreign exchanges in Cyprus, the survey team is going to Cyprus for on-site inspection.

On-site visit

This time the survey team went to Limassol, the second largest city in Cyprus, to visit the foreign exchange dealer JFBBI as planned. The survey address is 70 Kyrillou Loukareos STreeTKakos PreMier Tower, 2nd FloorLiMassolLiMassolCYPRUS.

1.png

The survey personnel came to the destination according to the address on the regulatory information. The JFBBI office is located in the north of the Limassol City Expressway in Cyprus, next to the highway exit, with convenient transportation. There are many shops on the ground floor of the building and the upper floors are occupied with offices.

2.png

The investigators didn’t find the name of the dealer JFBBI on the access control system. There was also no reception in the hall. In order to confirm whether the dealer's office exists here, the survey personnel decided to go upstairs to visit directly.

3.png

The office on the 2nd floor does not belong to the dealer JFBBI, but belongs to a dealer called JFD. The lady who received the survey personnel said that the unit is the office of JFD, and the LOGO at the entrance is also JFD's. The investigators confirmed that the dealer JFBBI does not have an office here.

Conclusion

The investigators went to Cyprus to visit the foreign exchange dealer JFBBI as planned, but did not find the dealer's office at its publicly displayed business address. The dealer might have just registered the company at this address without real business premises. Investors are advised to choose this dealer carefully.

Disclaimer

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

Broker Information

Suspicious Clone
JFBBI

Website:http://dvade.jfbbi.com/

2-5 years |Suspicious Regulatory License |Suspicious Overrun |High potential risk |
  • Company Name:
    JFD Group Ltd.
  • Country/ Region of Registry:
    Cyprus
  • Abbreviation:
    JFBBI
  • Official Email:
    --
  • Twitter:
    --
  • Facebook:
    --
  • Customer Service Number:
    --
JFBBI
Suspicious Clone

Website:http://dvade.jfbbi.com/

2-5 years | Suspicious Regulatory License | Suspicious Overrun | High potential risk |
  • Company Name: JFD Group Ltd.
  • Abbreviation: JFBBI
  • Country/ Region of Registry: Cyprus
  • Official Email: --
  • Twitter:--
  • Facebook: --
  • Customer Service Number:--

Check whenever you want

Download App for complete information

Easy to check supervision

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com