Dear Investor,
Regarding SmartFX’s spreads and commission structure, we recommend reviewing the details provided on their official website and reaching out directly to their customer support team.
Regarding regulatory status, SmartFX states that it is owned and operated by Smart Securities and Commodities Limited, which is purportedly regulated by the Vanuatu Financial Services Commission (VFSC). While we were able to locate related records, the VFSC does not publicly disclose the official websites of licensed entities, making it difficult to confirm whether the license in question genuinely belongs to SmartFX.
Additionally, SmartFX claims that its Cyprus company, SSC Smart FX Ltd (formerly Jin Daocheng Ltd), is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). Although a corresponding entry does appear in CySEC’s public register, the registered website listed there does not fully align with SmartFX’s current domain, raising questions about the direct affiliation between the two entities.
Given these inconsistencies and the potential risks involved, we strongly advise you to exercise caution and conduct thorough due diligence before engaging in any trading activity with SmartFX.
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