Is 1:500 the largest leverage on Cipher Capital?

https://ciphercapital.net/    

Regardless of how enticing the offers may seem, we strongly advise against engaging with Cipher Capital.

This platform misleads investors by claiming to be regulated by the Financial Conduct Authority (FCA). However, our verification with the FCA contradicts this claim.

Consequently, Cipher Capital is suspected to be a fraudulent trading platform. Investors who engage with it may face significant financial losses. To safeguard themselves from scams, investors are advised to avoid unlicensed platforms like Cipher Capital and instead opt for fully regulated ones.