Looking to read Taveron FX reviews, you are in the right place. Read detailed reviews to know about this forex broker and why it’s not a genuine trading platform to start your forex journey.
This content promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.
About Taveron FX
Taveron FX otherwise known as taveronfx.com is an offshore brokerage operating by the trading name Taveron Capital Group, LLC with a lot of promises for forex traders. The forex company claims to offer crypto investment services to their clients.
Further, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices. Also, it presents a zero spread difference in Buy/Sell.
Is Taveronfx.com Regulation Claim Genuine?
First of, Taveronfx.com claims to hold registered address of St. Vincent & the Grenadines.
But, Saint Vincent and the Grenadines SVG is an offshore zone with no broker regulations in place. As soon as you open the website of the local Financial Services Authority you see a warning that the institution does not license forex and other types of brokers and does not supervise the activities of International Business Companies engaged in such activities.
Furthermore, Taveronfx.com does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.
As far as we’re concerned, this is the one of the most ambiguous yet common remarks made by scammer entities, helping them become as vague as possible but yet retaining the illusion of being legit.
These are drawbacks for forex traders/ clients to avoid losing money with scam brokers lurking online. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Does Taveron FX Have Account Types?
Taveron FX offers different account types such as Standard, Professional, Corporate and Investment. According to the account descriptions, the broker offers a spread of 1.2 pips and a leverage capped 1:1000.
Taveron FX deposit is indicated $300 based on the account type.
On a quick one, you should better stay with a legitimate broker that clearly spells out its regulation and license credibility with no string of fraud, and clients can start trading as low as $100 with the assurance of their trading funds.
As for the funding methods, Taveron FX shows logo of different popular payment options like Bank wire, Neteller, Skrill, Perfect Money, Crypto and more.
Just so you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!
Taveron FX Provides What Trading Software?
Taveron FX claims to present an advanced trading software, similar to the MT4 and MT5, with cutting edge top of the line features such as MAM application, Multi-Level IB Module, Manager API, and tons more. But there was no way to actually get a hold of this futuristic trading software.
Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.
Honestly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.
Taveron FX Licensing and Regulation
Like in any corporation, integrity is a key to uphold these days. It doesn’t matter if you make a lot of money but you can’t take it out. That is to say, exactly what is happening with non-licensed companies.
Having said that, it is not far from believing that Taveronfx.com is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Taveron FX located at taveronfx.com appears like a trustworthy trading broker, however, you should not take the words they say and the attractive website layout. By all appearances, we would advise traders to steer clear from unlicensed brokers as they likely a platform run by scammers. Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.
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Last Updated on March 21, 2023 by Danny