Review summary
智选, operating under the name smart-elite, is a broker that has been active in the market for 5-10 years and is registered in China. The firm's business scope is noted as being suspicious. A critical assessment reveals that this entity holds no valid, authoritative forex trading licenses, placing it in the category of an unregulated broker. According to WikiFX data, this lack of oversight is a fundamental point of concern for traders, as it means client funds are not protected by any recognized financial compensation scheme. The broker offers a range of account types with variable entry conditions from $200 to $5,000, providing high leverage up to 500:1 on a suite of 42 financial products, including forex, commodities, and indices. The overall WikiFX SkyEye score for smart-elite is 1.52, reflecting a highly unfavorable assessment. In conclusion, the combination of an unregulated status and a low trust score positions this broker as a highly suspicious entity, and potential clients are urged to exercise extreme caution. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-04)
