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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