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Smartcoinfx

Operating status: Unregulated
Website: https://smartcoinfx.com/
High-Risk Active
Broker violations and abnormal records
  • Sep 20, 2023 The UK FCA issued a Warning against Smartcoinfx

    On 4 September 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Smartcoinfx was providing financial services or products in the UK without authorisation. You may visit:https://www.fca.org.uk/news/warnings/smartcoinfx

    On 4 September 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Smartcoinfx was providing financial services or products in the UK without authorisation. You may visit:https://www.fca.org.uk/news/warnings/smartcoinfx
  • Sep 20, 2023 BrokersView has Reviewed that ​Smartcoinfx is an Unregulated Broker

    According to its website, Smartcoinfx is located in Australia. However there is no matching information was found in the Australian Securities and Investment Commission (ASIC).And it does not display any valid regulatory information on the website.

    The truth is that Smartcoinfx is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Smartcoinfx is a scam.

    According to its website, Smartcoinfx is located in Australia. However there is no matching information was found in the Australian Securities and Investment Commission (ASIC).And it does not display any valid regulatory information on the website.

    The truth is that Smartcoinfx is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Smartcoinfx is a scam.

  • Oct 06, 2023 BrokersView discovers the website of Smartcoinfx is inaccessible

    BrokersView recently has discovered that the website "https://smartcoinfx.com/" has been inaccessible. Please beware of the risks involved and stay away from the scam.

    BrokersView recently has discovered that the website "https://smartcoinfx.com/" has been inaccessible. Please beware of the risks involved and stay away from the scam.

Related Complaints

Q&A Complaints

I find no way to access Smartcoinfx's website, am I scammed?

Fawzi Bortot
Chile
Oct 09, 2023
ANSWER Dear trader, we understand the distress and frustration this situation has caused you, and we sincerely apologize for the inconvenience. Unfortunately, Smartcoinfx is a scam. We urge you to report it to the local police and relevant regulatory bodies.According to our records, Smartcoinfx concealed information about its operator. Only an Australian address was listed on its website. However, our search for this company in the register of Australian Securities and Investments Commission (ASIC) didn't yield any matching results. The platform is basically unsupervised. Now, its website cannot be reached any longer, further suggesting that it is a scam.Furthermore, the Financial Conduct Authority (FCA) has added Smartcoinfx to its warning list as an unauthorized firm. The full warning can be accessed here.When selecting a forex broker, verifying its licenses should be an investor's priority. What's more, victims of fraudulent trading platforms are often targeted by "recovery scam", where individuals or businesses claim to have the capability to track and reclaim their losses. BrokersView strongly suggest you stay alert to such situation. The Financial Conduct Authority (FCA) has published a warning about it, demonstrating its tactics and the substantial risks involved.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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