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Smart Select Online Trade

Operating status: Unregulated
High-Risk Active
Broker violations and abnormal records
  • Aug 31, 2026 BrokersView has found that Smart Select Online Trade appears to be a scam

    Smart Select Online Trade claims to be authorized by the Cyprus Securities and Exchange Commission(CySEC) and the Seychelles Financial Services Authority (FSA). However, our search of the official CySEC and Seychelles FSA licensee register found no record of it or the stated licence. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading.

    Besides, Smart Select Online Trade does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess Smart Select Online Trade as a likely unlicensed or fraudulent broker and advise extreme caution.

    Smart Select Online Trade claims to be authorized by the Cyprus Securities and Exchange Commission(CySEC) and the Seychelles Financial Services Authority (FSA). However, our search of the official CySEC and Seychelles FSA licensee register found no record of it or the stated licence. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading.

    Besides, Smart Select Online Trade does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess Smart Select Online Trade as a likely unlicensed or fraudulent broker and advise extreme caution.

  • Aug 26, 2026 The FCA issues a warning against Smart Select Online Trade

    On Aug 27, 2026, the Financial Conduct Authority (FCA) issued a warning against Smart Select Online Trade, believing this company might be providing financial services or products without proper authorization in the UK. You may visit: https://www.fca.org.uk/news/warnings/smart-select-online-trade

    On Aug 27, 2026, the Financial Conduct Authority (FCA) issued a warning against Smart Select Online Trade, believing this company might be providing financial services or products without proper authorization in the UK. You may visit: https://www.fca.org.uk/news/warnings/smart-select-online-trade

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