Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

SmartFX

Vanuatu|2-5 years|
Suspicious Regulatory License|MT4/5 full license|High potential risk|

https://smartfx.com

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

SmartSecuritiesCommodities-Demo

United Kingdom
MT5
2

Influence

C

Influence index NO.1

United Arab Emirates 5.98

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
SmartSecuritiesCommodities-Demo MT5
Server Location United Kingdom

Influence

Influence

C

Influence index NO.1

United Arab Emirates 5.98

Surpassed 93.53% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+971 44319003
support@smartfx.com
https://smartfx.com
1st Floor Govant Building, Kumul Highway, Port Vila, Vanuatu. P.O. Box - 1276.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+971 44319003

Broker Information

More

Company Name

Smart Securities and Commodities Limited.

Company Abbreviation

SmartFX

Platform registered country and region

Vanuatu

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The VanuatuVFSC regulation (license number: 40491) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Users who viewed SmartFX also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

IsandisoFX

7.48
Score
Within 1 yearRegulated in South AfricaFinancial Service CorporateMT4/5 full license
Official website

FBS

8.75
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

STARTRADER

8.53
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website
Pyramid scheme complaint
Expose

SmartFX · Company Summary

Company Summary

Company profile

General Information & Regulation

Established in 2018, SmartFX is a Vanuatu-based registered online Forex and CFD broker. SmartFX is owned and operated by SECURITIES & COMMODITIES LIMITED, which is regulated by the Financial Services Commission of Vanuatu.

Market Instruments

SmartFX claims to offer investors access to over 100 popular financial trading assets, including Forex currency pairs, commodities, indices, and metals.

image.png

Minimum Deposit

SmartFX offers all investor a Smart account, which requires to fund at least $500 , obviously higher than sector standards. Many brokers only requires an initial deposit of $100 to $200 to open an account for the first time.

SmartFX Leverage

SmartFX offers investors maximum trading leverage of 1:400. Please note that while high leverage maximizes returns, it also maximizes risk.

Spreads & Commissions

The spreads on the SmartFX platform for EURUSD are over 1.7 pips, which is well above the market standard. Additionally, when testing on the SmartFX trading platform, it was found that a commission of $20 per lot was required, which equates to a spread of 3.7 pips on the EURUSD, which is unacceptable.

Trading Platforms

SmartFX offers investors the market-leading MT5 trading platform. MT5 is the latest version of MT4 with more technical indicators and timeframes and supports traders in automated trading with EA's.

Deposit & Withdrawal

SmartFX supports traders to deposit and withdraw funds to their investment accounts via wire transfer, VISA, MasterCard, Skrill, Neteller. The minimum withdrawal is 100 USD for Electronic Payment Methods, Credit/Debit cards and Bank Wires as well.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

4

Comments

Write a review

领航
more than one year
I opened my demo account and after a month of my live account, I have a long way to go but I like it. I am happy with their trading conditions. I am new to this and still learning. God blesses.
2023-02-23 17:29
Reply
0
0
Lord
more than one year
The company's website looks pretty good, but security is the most important thing when choosing a broker... so when I saw on wikifx that this company doesn't actually have any regulatory information, I decided not to trade with it. I think I made the right decision!
2022-12-06 10:24
Reply
0
0
eleven13236
more than one year
I have demo trading for a week and have not found any problems. I am very grateful to their customer service for their patient answers. Every time I have a question, I will go to them, and they can always answer me enthusiastically and professionally.
2022-11-29 17:18
Reply
0
0
FX1064175172
more than one year
This smartfx platform didn’t impress me that much, trading conditions are standard, floating spreads, no commissions charged, mt5 trading platform, average customer support level. Overall, it is a standard broker. I may not use it again.
2022-11-29 15:14
Reply
0
0
1
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com