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ANSWER We advise you to drop the plan to open an account with GRAND FX OPTIONS, an unlicensed broker.The website of GRAND FX OPTIONS closely resembles other dubious forex sites flagged by BrokersView, both in content and graphics. It claims to be globally licensed but provides no evidence to support this.Additionally, the Financial Conduct Authority (FCA) has issued a warning against GRAND FX OPTIONS, suspecting it of offering financial services without proper authorization in the UK.Investors should beware of unregulated brokers as there is no regulatory oversight to ensure their compliance. In the event of any issues, they can easily avoid being held responsible or even disappear. To have a safer trading environment, it is strongly advised to stay away from unregulated brokers like GRAND FX OPTIONS and instead choose fully regulated ones.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.