ANSWER No, Etora Grand is not a suitable choice for investors as it operates without a license.Etora Grand does not provide clear information about its regulatory status, only offering a vague assertion that it is authorized and regulated. Despite being based in the UK, our search for this brokerage firm in the Financial Conduct Authority (FCA) register yielded no results. Moreover, the Comisión Nacional del Mercado de Valores (CNMV) has become aware of its unlicensed investment activities. This Spanish financial authority has added Etora Grand to its alert list and issued a public warning about the significant risks involved.Investors dealing with Etora Grand are therefore exposed to potential fraud and identity theft, with no regulatory protections in place. To reduce trading risks, it is advisable to only choose brokers that are fully regulated.
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