- Apr 13, 2026 BrokersView has found that SmartyTrade appears to be a scam
SmartyTrade does not claim to be licensed by any regulator; it only claims to be operated by Omla LTD, which is registered in Marshall Islands. While we can confirm that there is a company with the same name in the Marshall Islands Registry (IRI) registry, this registration only grants it International Business Company (IBC) status. The Marshall IRI is not a government agency, nor a regulator, and does not regulate foreign exchange.
Furthermore, its registration status in Marshall Islands IRI is now shown as "Annulled," indicating that the entity may be under operational issues.
Being unregulated is a major red flag for a fraudulent operation. Therefore, SmartyTrade appears to be a scam.
SmartyTrade does not claim to be licensed by any regulator; it only claims to be operated by Omla LTD, which is registered in Marshall Islands. While we can confirm that there is a company with the same name in the Marshall Islands Registry (IRI) registry, this registration only grants it International Business Company (IBC) status. The Marshall IRI is not a government agency, nor a regulator, and does not regulate foreign exchange.
Furthermore, its registration status in Marshall Islands IRI is now shown as "Annulled," indicating that the entity may be under operational issues.
Being unregulated is a major red flag for a fraudulent operation. Therefore, SmartyTrade appears to be a scam.
Copyright © 2026 FastBull Ltd
Risk Warning
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.
Disclaimer
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.