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Caveo

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has Reviewed that Caveo is an Unregulated Broker Caveo claims to be a authorized Brokerage Company located in Kuwaiti and licensed by Kuwait's Ministry of Trade and Industry, offering a range of investment products to traders, including Forex, Commodities, Indices and more instruments in financial and international markets. But there is no detailed financial services licenses. A company that offers financial services must have financial license in the country where it is located. Upon investigation, Caveo Brokerage Company is not authorised and regulated by the Capital Markets Authority of Kuwait. The truth is that Caveo Brokerage Company is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. Caveo Brokerage Company is a scam.

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Is this website legit? Dear Investor, Caveo claims to be an authorized brokerage company located in Kuwait and licensed by the country's Ministry of Trade and Industry, offering various investment products such as Forex, Commodities, and Indices. However, it fails to provide details of any specific financial services licenses. It is a fundamental requirement that any company offering financial services must hold a valid financial license in its country of operation. Upon investigation, we found that Caveo Brokerage Company is not authorized or regulated by the Capital Markets Authority of Kuwait, the relevant financial regulator. The reality is that Caveo Brokerage Company is not regulated by any legitimate financial authority. Allowing it to hold or control investor funds is unsafe, as the money cannot be protected by any laws. Thereforex, we strongly advise against trading with this broker. View Source

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