Avora Markets' website lacks clear disclosure of regulatory oversight but only provides a registered address in Saint Lucia and a physical office location in Dubai, United Arab Emirates. While we were able to locate registration records for Avora Markets Ltd within the Saint Lucia International Financial Centre (IFC) registry, it is crucial to understand that this registration does not equate to authorization for forex activities.
Furthermore, Checks with all relevant financial regulators in the UAE, including the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA), and the Central Bank of the UAE (CBUAE) show no record of Avora Markets or its operating entity was found under the jurisdiction of these regulatory bodies.
Avora Markets operates without supervision from any recognized financial authority. Therefore, it appears to be a scam.