ANSWER You can contact their customer services for the details about the processing time. However, we strongly suggest you avoid Caravelle Investments as it poses substantial risks to investors.Caravelle Investments claims to be licensed by the Mauritius Financial Services Commission (Mauritius FSC) and we did find a licensee of the same name in the register of the Mauritius' financial regulator. However, the Mauritius FSC doesn't offer any specific details including the license holder's website address for investors to conduct a further investigation. There is no guarantee that the website https://caravelle-investments.com/ is run by the licensed entity. Furthermore, its domain, caravelle-investments.com, was first registered in April 2023. However, this website claims that Caravelle Investments has been around for over 20 years. The gulf between the website's age and the claim calls into question the platform's credibility. According to the Commodity Futures Trading Commission (CFTC), this dishonest practice is a warning sign for a scam.Therefore, odds favor an impersonation scam. Individuals dealing with Caravelle Investments are exposed to substantial risks. To safeguard investors' interests, it is highly recommended to choose fully regulated brokers instead.
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