FXNC FINANCIAL is a regulated broker or not?

https://fxncfinancial.com/    

FXNC FINANCIAL is an unregulated broker.

The company provides little information about its operator, leaving investors with only an email address and a "Contact Us" web form to reach its team. The initiative in communication is held by FXNC FINANCIAL. If it goes out of business or disappears, clients will have no way to recover their funds. This is a red flag.

Furthermore, its unlicensed investment activities have drawn the attention of the Comisión Nacional del Mercado de Valores (CNMV), the Spanish financial watchdog. The CNMV has added FXNC FINANCIAL to its alert list to highlight the risks involved.

Therefore, dealing with FXNC FINANCIAL carries a high level of risk. Investors are advised against trading with FXNC FINANCIAL and other unlicensed brokers. To avoid falling victim to fraud and identity theft, we recommend opting for fully regulated brokers with excellent reputations.