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Should I believe in FXravators?
olatunji ibrahim
Chad
2023-09-25
ANSWER No, you should not trust FXravators, a fraudulent platform. it appears to have absconded as its website is currently down.FXravators claims to be a reliable company, but it fails to show any proof of its regulation or contact details. This is a major warning sign of a potential scam, as regulated companies always display their credentials and licenses transparently. Investors should be careful of this red flag.The Financial Conduct Authority (FCA), the financial regulator of the United Kingdom, has alerted that FXravators is operating without authorization and offering financial services or products illegally. You can refer to here for the FCA warning.The truth is that FXravators has no regulation from any authorities. It is dangerous to let it handle or control investors' funds, as there is no legal protection or recourse in case of any problems. To avoid such disaster, it is advisable to choose a fully regulated broker instead.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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