Is Premier Stock Mart illegal?

https://premierstockmart.com/

Premier Stock Mart, a purportedly UK-based broker, lacks the necessary authorization from the Financial Conduct Authority (FCA). 

Furthermore, its claim of being a member of the Financial Commission has been debunked by the commission itself, which issued a warning against it. Adding to the concerns, the Comisión Nacional del Mercado de Valores (CNMV) has included Premier Stock Mart in its warning list for offering investment services without the appropriate authorization.

This makes Premier Stock Mart a risky option for investors, as it opens up significant possibilities of fraud and identity theft. To safeguard against such risks, investors are strongly recommended to steer clear of Premier Stock Mart and opt for brokers that are fully regulated instead.