BrokersView has found that Avora Markets appears to be a scam Avora Markets' website lacks clear disclosure of regulatory oversight but 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 forex activities. Furthermore, 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) show no record of Avora Markets or its operating entity was found under the jurisdiction of these regulatory bodies. Avora Markets operates without supervision from any recognized financial authority. Therefore, it appears to be a scam.
Avora Markets
VisitRisk Level - High
Avora Markets
Risk Level - High
Scam Evidence & Warnings
Has anyone been scammed trading on Avora Markets? Dear Investor, We do not recommend trading on the Avora Markets platform due to its lack of valid broker credentials. The platform has not provided any relevant regulatory information, merely supplying a registration number in Saint Lucia. Although we did locate an entity named Avora Markets Ltd. in the Saint Lucia International Financial Centre (IFC) system, please note that this merely signifies its incorporation as an International Business Company (IBC) and does not equate to holding any broker licenses. The Saint Lucia IFC has publicly stated that it does not regulate forex trading, nor does it issue licenses to forex brokers. Furthermore, Avora Markets does not hold any licenses issued by other international regulatory authorities. Trading with such an unregulated and unlicensed broker exposes you to a high risk of fraud. We strongly advise you to avoid engaging in any transactions with such a broker to protect your financial security. View Source
Avora Markets is good broker? 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. View Source
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