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Smart Profit FX

Operating status: SCAM

Website: https://www.smartprofitfx.com/

Broker violations and abnormal records
  • Apr 11, 2023 BrokersView has Reviewed that Smart Profit FX is an Unregulated Broker

    There is no any regulatory information on its website. Smart Profit FX presents itself as a partner of the Eightcap brand. It is alleged that Eightcap is regulated in multiple jurisdictions, including by the Australian Securities and Exchanges Commission (ASIC). But even if there is a partnership between the two brands, one company's licence does not apply to the other. The truth is that Smart Profit FX is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    There is no any regulatory information on its website. Smart Profit FX presents itself as a partner of the Eightcap brand. It is alleged that Eightcap is regulated in multiple jurisdictions, including by the Australian Securities and Exchanges Commission (ASIC). But even if there is a partnership between the two brands, one company's licence does not apply to the other. The truth is that Smart Profit FX is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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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.