Lagrand Group, in an attempt to appear real, displays an address in Switzerland. If that claim is true, Lagrand Group is required to be authorized by the Swiss Financial Market Supervisory Authority (FINMA). However, the Swiss financial regulator has issued a warning against Lagrand Group, stating that this broker is not entered in its commercial register.
In essence, Lagrand Group is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Lagrand Group, in an attempt to appear real, displays an address in Switzerland. If that claim is true, Lagrand Group is required to be authorized by the Swiss Financial Market Supervisory Authority (FINMA). However, the Swiss financial regulator has issued a warning against Lagrand Group, stating that this broker is not entered in its commercial register.In essence, Lagrand Group is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.