Fivoro claims to be operated by Urvashi Limited registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). However, it should be noted that the SVG FSA is an autonomous statutory body without legal authority to issue forex licenses and regulate forex markets. Fivoro also claims to be a member of Crypto Commission Authority. We searched this authority on website but found no matching results. That means, the regulatory information Fivoro claims is a false statement to unsuspecting investors. More importantly, the British Columbia Securities Commission (BCSC) issued a warning against Fivoro, saying this broker is not registered to trade in, or advise on, securities or derivatives in BC.
The truth is, Fivoro is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
Fivoro claims to be operated by Urvashi Limited registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). However, it should be noted that the SVG FSA is an autonomous statutory body without legal authority to issue forex licenses and regulate forex markets. Fivoro also claims to be a member of Crypto Commission Authority. We searched this authority on website but found no matching results. That means, the regulatory information Fivoro claims is a false statement to unsuspecting investors. More importantly, the British Columbia Securities Commission (BCSC) issued a warning against Fivoro, saying this broker is not registered to trade in, or advise on, securities or derivatives in BC.The truth is, Fivoro is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.