Reported as a scam / unregulated
Why Nevarlei is on the register
Nevarlei claims to be regulated and supervised by both the Dubai Financial Services Authority (DFSA) and the Cyprus Securities and Exchange Commission (CySEC) . However, the company does not disclose its legal entity name anywhere on its website or communications. When we searched the official public registers of both the DFSA and CySEC using the name Nevarlei, no matching licensed entity was found . Given that both regulators maintain transparent, searchable databases of all authorized firms, this absence strongly suggests that Nevarlei’s regulatory claims are unfounded or deliberately misleading . In reality, Nevarlei appears to operate without any valid financial license from a credible regulatory authority. Therefore, Nevarlei appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.