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Tavira Securities

United Arab Emirates|2-5 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.tavira-securities.com/

Website

Rating Index

Contact

+971 4 279 0777
https://www.tavira-securities.com/
Office Units 20-37, Central Park Towers Dubai International Financial Center Dubai, United Arab Emirates

Licenses

VPS Standard
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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 462001) claimed by this broker is suspected to be clone. Please be aware of the risk!

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Tavira Securities · Company Summary

Note: Tavira Securities official site - https://www.tavira-securities.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Tavira Securities Review Summary in 10 Points
Founded 2-5 years
Registered Country/Region United Arab Emirates
Regulation Suspicious FCA and DFSA clone
Market Instruments Forex Pairs, Indices, Commodities, Metals, Cryptos, Equities
Demo Account Available
Leverage Not disclosed
EUR/USD Spread Not disclosed
Trading Platforms MT5
Minimum Deposit Not disclosed
Customer Support Phone, Address

What is Tavira Securities?

Tavira Securities, an international brokerage headquartered in the United Arab Emirates, offers an extensive array of financial instruments to its clientele. This includes Forex Pairs, Indices, Commodities, Metals, Cryptos, and Equities. However, it is critical to note that there is no current regulation of Tavira Securities by any notable financial authorities. The FCA and DFSA licenses, which the broker purportedly alleges to hold, are suspected of being fake clones. Moreover, the broker's website is presently non-functional. These concerns considerably heighten the investment risks linked with the platform.

In our ensuing article, we will deliver an in-depth and organized evaluation of the broker's services and attributes. We invite interested readers to continue through the rest of the article. In concluding, we will offer a succinct summary that depicts a clear image of the broker's unique features.

Pros & Cons

Pros Cons
• Multiple instruments • Suspected FCA and DFSA clone
• MT5 platform • Website unavailable
• Demo account available • Lack of transparency

Tavira Securities has both positive aspects and some apparent concerns regarding its services.

On the pro side, it offers a multitude of trading instruments, providing traders with a wide range of choices to suit their investing interests and strategies. Furthermore, it supports the MetaTrader 5 platform—acknowledged for its advanced functionalities, granting traders access to real-time market data and analysis tools. Additionally, the availability of a demo account is a notable feature, enabling prospective traders to practice before engaging in real trading without losing real money.

However, on the flip side, Tavira Securities appears to harbor some significant issues. It suspiciously holds cloned licenses from both the FCA and DFSA—which questions their integrity. The unavailability of their website also further complicates matters, making it difficult for existing and prospective clients to access key services and information. Moreover, Tavira suffers from an apparent lack of transparency, which could potentially deter potential clients from engaging with their platform.

Is Tavira Securities Safe or Scam?

When considering the safety of a brokerage like Tavira Securities or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: Tavira Securities grapples with considerable security concerns, rooted in its possession of suspected clone FCA (Financial Conduct Authority) license number 462001 and DFSA (Dubai Financial Services Authority) license number F002929. Such dubious regulatory status calls into question the platform's authenticity and conformity to industrial criteria, sounding warning bells for prospective traders.

suspicious clone FCA license
suspicious clone DFSA license

Additionally, the inability to access their official website might suggest a potential suspension of their activities, thereby exacerbating doubts. In combination, these circumstances significantly amplify the associated risks of investing through their platform.

  • User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedbacks from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.

  • Security measures: So far we cannot find any security measures info on Internet for this broker.

In the end, choosing whether or not to engage in trading with Tavira Securities is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.

Market Instruments

Tavira Securities offers a variety of market instruments to its customers. These include Forex Pairs, which involve trading in currency pairs such as the USD/EUR—an activity where the value of one currency is compared to another. Indices are also provided; these are essentially hypothetical portfolios of stocks representing a particular market or a portion of it.

The broker also includes Commodities in its offerings, enabling clients to trade physical goods like gold, oil, or agricultural products. Metals trading is available as well, encompassing precious metals such as gold and silver. Added to this mix are Cryptos, allowing clients to trade in cryptocurrencies like Bitcoin and Ethereum.

Lastly, the broker offers the ability to invest in Equities, or stocks, which signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

Accounts

Tavira Securities presents its customers with options of a demo account and a live account. However, information regarding the minimum deposit is not currently available. This uncertainty makes it difficult for potential clients to ascertain the level of financial commitment the broker requires. Prospective traders are advised to ensure they get comprehensive information from the broker on these aspects before settling for any trades.

Trading Platforms

MT5

Tavira Securities Limited employs the use of MetaTrader 5, a highly-regarded trading platform. Available on PC and mobile devices running on Android and iOS, MetaTrader 5 offers users the intuitiveness of its interface coupled with sophisticated trading features and tools.

The platform is well-known for its prowess in multi-asset trading, which allows users to trade different financial markets from the same platform. Furthermore, real-time market data and advanced analysis tools equip traders with vital insights that can help shape their trading decisions more effectively.

Customer Service

Tavira Securities offers customer support through a variety of methods. Clients have the option to reach out to the broker via phone for immediate help, or use postal mail by writing to their physical address for those who prefer a more traditional communication approach.

Phone: +971 4 279 0777.

Address: Office Units 20-37, Central Park Towers Dubai International Financial Center Dubai, United Arab Emirates.

Conclusion

Tavira Securities positions itself as an online brokerage firm with global reach, based in the UAE, claiming to offer a broad spectrum of trading instruments including Forex Pairs, Indices, Commodities, Metals, Cryptos, and Equities. However, potential investors are advised to proceed with caution due to some glaring concerns.

Significantly, the broker is suspected to hold fake clone licenses from the FCA and DFSA, which are indeed serious matters since trustworthy brokers are generally expected to adhere to strict financial regulations to uphold client safety and their own credibility. Furthermore, ongoing issues with the accessibility of their website pose serious doubts on their professionalism and dependability.

Hence, prospective investors are recommended to tread carefully when considering Tavira Securities as their choice of trading platform. It would be advisable to consider other brokers that prioritize adherence to regulatory standards, offering enhanced transparency, safety and professionalism.

Frequently Asked Questions (FAQs)

Q 1: Is Tavira Securities regulated?
A 1: No. The broker is suspected to hold fake clone FCA and DFSA licenses.
Q 2: Is Tavira Securities a good broker for beginners?
A 2: No. It is not a good choice for beginners. Not only because of its suspected fake clone regulatory condition, but also because of its unavailable website and lack of transparency.
Q 3: Does Tavira Securities offer the industry leading MT4 & MT5?
A 3: Yes. It offers MT5 platform on PC, iOS and Android devices.
Q 4: Does Tavira Securities offers demo account?
A 4: Yes

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Tavira Securities Limited

Company Abbreviation

Tavira Securities

Regulatory Status

Suspicious Clone

Platform registered country and region

United Arab Emirates

Phone of the company
  • +971 4 279 0777

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Company address
  • Office Units 20-37, Central Park Towers Dubai International Financial Center Dubai, United Arab Emirates

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Customer Service Email Address

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Company Summary

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Reggy Ron
more than one year
It’s a scam. The money looks like it will come but it does not show up. So take care, the money disappears. Their website disappears, too. Never trust them again.
2022-12-08 14:45
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