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Operating status: SCAM
Website: https://glovesinvest.com

The Financial Conduct Authority (FCA) issued a warning against Gloves Invests on Mar 13, 2023 after finding this broker potentially providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/glove-invests-gloves-invests
Gloves Invests presents zero details on its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.
When we read the information on this broker's website, we noticed that it claimed to be located in the UK. According to the rules and laws, brokers engaging in financial activities in the UK shall be authorized by the Financial Conduct Authority (FCA). However, what we found on FCA's website was a warning against Gloves Invests, saying this broker might be providing financial services or products in the UK without authorization.
The truth is, Gloves Invests is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
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