ANSWER Dear Investor,
Avora Markets appears to be neither a secure nor reliable trading platform.
Avora Markets' website lacks clear disclosure of regulatory oversight. It 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 foreign exchange activities. The Saint Lucia IFC does not regulate forex trading operations.
Furthermore, we conducted thorough 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). Unfortunately, no record of Avora Markets or its operating entity was found under the jurisdiction of these regulatory bodies.
Based on our findings, Avora Markets operates without supervision from any recognized financial authority. Therefore, we strongly advise against engaging in any trading activities with Avora Markets due to the absence of regulatory oversight and investor safeguards.
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