Can the Twelve Whales be trusted?

https://www.twelvewhales.com/

Dear Investor,

We believe that Twelve Whales is a scam.

Unfounded regulatory claim: The broker claims to be registered under the number 2305LLC2022. While it doesn't specify the name of the financial regulator, the format of the license number aligns with those from the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, there is no such license number in the SVG FSA register.

Unauthorized in the UK: Although it claims to be located in the UK, there are no indications that it is authorized by the Financial Conduct Authority (FCA), resulting in a warning from the FCA.

Therefore, we strongly suggest you avoid using Twelve Whales. It is wise to choose fully regulated brokers instead.