ANSWER We strongly suggest investors avoid BNP Groups, an unregulated broker.This broker claims to be domiciled in the UK, but it fails to comply with relevant regulations obtaining authorization from the Financial Conduct Authority (FCA). Therefore, the FCA has issued a warning about BNP Groups, underscoring its unlicensed status and potential risks it poses.Therefore, BNP Groups is not a secure option. To protect themselves from potential fraud and identity theft, investors are advised to steer clear of unlicensed brokers like BNP Groups and instead choose fully regulated ones.
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