123,000 clients; licenses from major regulators, an office in the UK, and much more — these are the claims made by broker Ravitok. However, according to reviews, all of this seems to be fake information. Our goal in this review is to find out whether this is a safe company or just another scam.
Brief Overview
- 🖥Official Website: https://ravitok.pro/
- ✈️Contact Address: 84 Tithe Farm Ave, Harrow HA2 9DS, Great Britain
- 📞Customer Support: [email protected], +44 2031 514830
- 🔐Licensing and Accreditation: no
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $150, 1:500
- 💰Additional Services: no
Ravitok.pro Examination
The company’s official website is rather underwhelming. The firm employs a standard approach: a main menu at the top with company information, accessible markets, a trading terminal, and a news feed. However, there is no dedicated section for trading conditions. In the upper right corner, there is a language translation button (supporting 7 languages) and login/registration options.
The firm makes claims regarding licenses, operational history, and client numbers, but fails to provide substantial evidence. Other aspects of their operations, such as trading conditions, are only superficially covered. Additionally, the use of pseudo-benefits and grandiose phrases, seemingly added solely to populate the website, is notable. Furthermore, the website template is a common one used by many illegitimate companies, reinforcing our suspicion that Ravitok belongs to this category of pseudo-brokers.
Company Contacts
If you hope to contact customer support and receive a prompt response, you’ll be disappointed. The company hasn’t even implemented a live chat feature, which is a convenient way to communicate with managers and quickly resolve issues. Furthermore, the provided contact information is fake. For example, the email address doesn’t exist. What’s the point of emailing a nonexistent address if you won’t receive a reply?
Key Conditions
At first glance, Ravitok’s trading conditions do not appear advantageous or favorable. Even after a detailed examination, this impression remains unchanged. The broker follows a standard fraudulent principle: if a client wants better conditions, they must invest more money. There are three tariffs available:
- Standard. A deposit of $150 is required. Limited leverage 1:100 and no additional services. In fact, this package is designed for beginners, but no privileges are offered to them.
- Medium. There are additional options on this package, such as cryptocurrency trading and some kind of deposit insurance, but it is not disclosed in detail. That said, you need to invest a minimum of $5,000.
- Advanced. And here it is already $25,000, and the client receives 24/7 support and deposit protection. These services are not explained in detail either.
Ultimately, Ravitok artificially creates demand for more expensive tariffs, as they offer higher leverage (up to 1:500) and more features. However, the company conceals the most important parameters, such as commissions, spreads, and other costs.
Incidentally, leverage of 1:100-1:500 is a clear indication that the firm does not have a license. Why? Because reputable regulators, which the company boasts about (ASIC, FCA, etc.), prohibit brokers from offering leverage above 1:30-1:50. However, we will discuss regulation in more detail later.
Exposing Ravitok
Now, for the most intriguing part of our review. The firm claims to be regulated by ASIC, FCA, CySEC, and DFSA. We won’t verify every license, but we’ll check the FCA register, as their legal address is in the UK. Logically, the company should have a license from the UK’s FCA first.
However, our search yielded no results. Ravitok has blatantly lied about being regulated by this financial commission. From this, we can conclude that the other licenses are also fabricated. Why waste time checking the regulations when it’s clear that the scammers simply made up the licenses? This is a common tactic for such fraudulent firms.
What’s even more interesting is that the scammers took it a step further. They didn’t just claim to have licenses — they even provided links to regulatory registries. However, these links turned out to be fake and phishing. For example, they provide a link to the FCA register: fsa-regul-uk.com/firm-649409.html. If you try to find the official website of this regulator, you’ll see that it’s actually register.fca.org.uk. This kind of deception happens often, which is why it’s crucial to stay vigilant and double-check every detail.
Furthermore, there is no such organization registered in the UK. Ravitok is simply absent from the country’s Companies House register. This means the provided legal address is fake.
Additionally, the company’s claim about being founded in 2017 is false. How could a broker operate if its website was only launched in 2024? What was the platform doing all this time without a website? Nothing. They only registered the domain on September 11, 2024.
What Reviews Do Users Leave?
Finally, let’s consider the online reviews. There is very little information about the company, as there are almost no comments. The lack of reviews suggests that the company is relatively new and has not had enough time to establish a reputation among traders.
Conclusions
This company is a textbook example of a fraudulent broker. Ravitor claims to have licenses but provides no evidence. Their claimed operational history is false, and their registered address in the UK is fake. There are too many red flags to ignore. We strongly advise against trading with this broker.
Pros/Cons
- The site has been translated into several languages.
- Fake statements about licenses and addresses.
- Illegal activity.
- The real term of operation is September 2024.
- There are almost no reviews or references on the Internet.
This is just another project by the same scammers. Trust me, I have been trading for a long time and have seen many brokerage companies. This fraudulent broker has nothing to do with legitimate and safe trading. Everything about it is fake and their activities are fraudulent. It’s one of hundreds of fraudulent projects, all created using the same template and principles. That’s the truth about them.