ANSWER We do not recommend using Greater Capital, an unlicensed broker.While it uses exaggerated language to establish a strong reputation, all these statements are unfounded due to its lack of transparency in its company profile and regulatory status. This is a significant scam indicator. The Federal Financial Supervisory Authority (BaFin) has issued a warning about Greater Capital and the services it offers, suspecting that the unknown operators of the website are offering financial and investment services without the required authorization.As such, we strongly advise investors to steer clear of Greater Capital, regardless of how attractive its offerings may seem. Without regulatory oversight, there are no safeguards for its customers. To mitigate substantial risks, we recommend opting for fully regulated brokers.
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