Introduction

There is a very large number of regulated forex brokers in Cyprus, and in certain cases the regulatory addresses of different brokers are the same. In order to help investors know more about the brokers in Cyprus, this time the inspection team went to Limassol, Cyprus to visit the broker Levelmax as planned.

Regulatory Information

Levelmax is MM licensed by CySEC, with registered address at: 88, Agias Fylaxeos, Zavos City Center - 4th Floor, P. O. Box 56943, CY-3311 Limassol.

Inspection Process

The team arrived at the office building named Zavos City Center located at 88, Agias Fylaxeos, LiMassol. The building stands out in this area.

There is no logo or other information of Levelmax on the floor directory, instead, the logo of Leverate is found. Afterwards, the team went to Level 4 and what they found at the office door was also the logo of Leverate. The team consulted the staff there and were told Levelmax didn’t work there. 

Conclusion

Through the on-site inspection, it is confirmed that at the address mentioned in the regulatory information there is no workplace of Levelmax, which means the regulatory information is not true. Please pay attention to potential risks.

Disclaimer

The content is for information purposes only and it is not intended as a recommendation or advice.