Broker Review

Unauthorised Firm Details
Name: Exivara24
Website: exivara24.com

Introduction to Exivara24

Exivara24 presents itself as a modern investment and trading platform, offering access to a variety of financial markets, including stocks, cryptocurrencies, ETFs, and other derivatives. The company claims to provide a professional trading environment with tools for both novice and experienced traders. Its platform reportedly allows trading through Contracts for Difference (CFDs), enabling users to speculate on the price movements of assets without owning them directly.

Exivara24 emphasizes data security and identity verification, asserting that client accounts are protected from abnormal activity. The platform also advertises having a presence in multiple countries, with a registered office in the United Kingdom.

Features and Offerings

1. Trading Tools
The platform reportedly offers tools for both manual and automated trading. Traders can view detailed order histories, monitor price movements, and use risk-management features to help control exposure.

2. Security Measures
Exivara24 asserts that it uses strong data protection measures, including encryption for sensitive information and mechanisms to prevent abnormal account activity. Additionally, the platform states it verifies user identities to comply with anti-money laundering regulations.

3. Account Management and Support
The platform claims to provide account managers for personalized guidance. This service is intended to help users make informed trading decisions and navigate the platform’s tools effectively.

Red Flags and Concerns

Despite these features, Exivara24 presents several high-risk factors that potential users must carefully consider:

1. Regulatory Ambiguity

• There is no verifiable evidence that Exivara24 is licensed or regulated by major financial authorities in the UK, EU, or other major markets.

• Some national financial regulators have issued warnings against the company, suggesting it may be operating without proper authorization.

2. Trust and Transparency Issues

• Independent reviews and website analysis indicate that the domain is very new, and ownership information is obscured.

• The lack of a verifiable corporate history makes it difficult to assess the company’s credibility and long-term stability.

3. Allegations of Fraud

• Reports from independent watchdogs and user testimonials indicate that some traders have experienced difficulties withdrawing funds.

• Users have claimed they were encouraged to make large deposits through promises of high returns, only to encounter obstacles when attempting to access their money.

• Positive reviews on some platforms are suspected to be manipulated or unreliable.

4. User Feedback

• While a small number of users report smooth trading experiences and responsive support, these claims are outweighed by numerous reports of problematic withdrawals and unresponsive account managers.

Guidelines for Potential Traders

• Only deposit a small, testable amount of funds initially.

• Ask the platform for verifiable regulatory documentation.

• Use strict risk management, including conservative leverage, stop-loss orders, and careful monitoring of positions.

• Keep detailed records of all transactions, communications, and account activities for security and potential disputes.

Conclusion

Exivara24 markets itself as a modern and versatile trading platform, offering access to stocks, CFDs, crypto, and other financial instruments. However, multiple red flags including ambiguous regulation, low transparency, withdrawal complaints, and allegations of fraud suggest that it carries a very high level of risk.