PEVOBITEX's trading condition sounds good. Is PEVOBITEX safe?

https://pevobitex.com/    

Despite the enticing trading condition, PEVOBITEX is not safe for investors to trade because it is an unlicensed broker.

We have searched the database of Companies House (CH) and confirmed that PEVOBITEX's certificate from the CH is fake, as there isn't a firm called Pevobitex LTD. Furthermore, shell incorporation in any jurisdiction is meaningless.

If PEVOBITEX wants to legally solicit investors in the UK, it is required to be registered with the Financial Conduct Authority (FCA). However, the FCA has issued a warning against PEVOBITEX, saying it is not authorized by the FCA and illegally targets British residents.

Therefore, PEVOBITEX is not a safe choice. Without regulatory oversight, there are no rules in place to protect investors dealing with the platform from fraud or identity theft. As such, we strongly suggest investors stay away from such unlicensed brokers as PEVOBITEX and instead choose a fully regulated one.