Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

uSMART

Hong Kong Hong Kong | 2-5 years |
Regulated in Hong Kong | Derivatives Trading License (AGN) | Self-developed

https://www.usmartgroup.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Hong Kong Hong Kong 3.65
Surpassed 68.50% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+65 6303 0663
https://www.usmartgroup.com/
3 Phillip St, #12-04, Royal Group Building, Singapore 048693

Basic Information

Registered Region
Hong Kong
Operating Period
2-5 years
Company Name
uSmart Holding Ltd
Abbreviation
uSMART
Company employee
--
Customer Service Email Address
support@usmart.sg
Contact Number
+6563030663
Company Address
3 Phillip St, #12-04, Royal Group Building, Singapore 048693
Related Software
Biz Area
Website
Genealogy
Related Companies
Employees
Company Summary
Wiki Q&A
Comment
MT4/5

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Trading App
Android 2
logo
uSMART HK: Leading Tech Broker
0 Commission for US&HK Stocks*
Downloads
19,520
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots
logo
uSMART SG:Trade Stocks&Options
Lifetime zero commission trading on U.S. Stocks&Options.
Downloads
3,631
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots

Users who viewed uSMART also viewed..

VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
STARTRADER

STARTRADER

8.57
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
STARTRADER
STARTRADER
Score
8.57
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
FXCM

FXCM

9.40
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
FXCM
FXCM
Score
9.40
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
XM

XM

9.10
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Website

  • Hong Kong usmart.sg
    47.242.182.40
  • Hong Kong usmart.hk
    119.28.205.187
  • Hong Kong usmartgroup.com
    47.242.182.40

Genealogy

vip Subscribe in the App to unlock!
Download APP
vipvip
uSMART

Related Companies

USMART SECURITIES (SINGAPORE) PTE. LTD.(Singapore)
Singapore
USMART SECURITIES (SINGAPORE) PTE. LTD.(Singapore)
Active
Singapore
Registration No.
202110113K
Established
uSmart Securities Limited(Hong Kong)
Hong Kong
uSmart Securities Limited(Hong Kong)
Active
Hong Kong
Registration No.
2391600
Established
Employees

Company Profile

Company Profile

Review summary

uSMART Group Review Summary
Founded2021
Registered Country/RegionHong Kong
RegulationMAS
Market InstrumentsStocks, shares, options, ETFs, REITs and ADRs, futures and forex
Demo Account
Leverage1:3
Spread/
Trading PlatformuSMART App
Min Deposit0
Customer Support24/5 support
Tel: +65 6303 0663; +65 3135 1599 (Singapore)/ +852 9520 4758 (Hong Kong)
Email: support@usmart.sg (Singapore)/cs@usmarthk.com (Hong Kong)
Address: 3 Phillip St, #12-04, Royal Group Building, Singapore 048693
Room 2606-07, 26th Floor, FWD Financial Centre, 308 Des Voeux Road Central, Sheung Wan, Hong Kong

uSMART Group, officially registered as uSmart Holding Ltd., operates as a Hong Kong-based regulated broker since 2021. uSMART Group provides a wide range of trading options including US, Singapore, and Hong Kong stocks, fractional shares, various US options, forex, and grid trading. The brokerage uses its proprietary uSmart platform, compatible with iOS, Android, Mac, Windows, and OpenAPI. It is currently regulated well by MAS.

uSMART Group's homepage

Pros and Cons

ProsCons
Regulated by MASNo demo accounts
Security measures providedComplex fee structures
Simple account opening proceduresNo MT4/5
No minimum deposit requirementLack of popular payment methods

Is uSMART Group Legit?

uSMART Group has established its legitimacy and credibilityby securing regulation from the Monetary Authority of Singapore (MAS), a regulatory authority acclaimed for its comprehensive and strict financial oversight. The broker holds a Retail Forex License.

Regulatory StatusRegulated
Regulated byMonetary Authority of Singapore (MAS)
Licensed InstitutionUSMART SECURITIES (SINGAPORE) PTE. LTD.
Licensed TypeRetail Forex License
Licensed NumberCMS101161
Regulated by MAS

Additionally, it provides further protection. To ensure the safety of client assets, funds, and securities are held in separate custodian accounts, which prevents them from being mixed with other accounts.

Fund trust and safety

What Can I Trade on uSMART Group?

uSMART Group provides stock trading in US, Singapore and Hong Kong markets and fractional shares, US options trading with diverse range of options strategies, short selling and grid trading order, ETFs, REITs and ADRs, and varieties of futures and forex products.

Tradable InstrumentsSupported
Stocks/Shares
Options
ETFs
REITs
ADRs
Futures
Forex
Commodities
Indices
Cryptocurrencies
Bonds
What Can I Trade on uSMART Group?

Account Type

uSMART Group offers two types of accounts: the Cash and Margin accounts. They claim it does not require the minimum deposit.

Account TypeFeatureAvailable Tradable Products
CashBasic account for trading with cash. Purchasing power is through cash deposits.Equity, Fractional share
MarginFlexible account with leverage (up to 3 times). Purchasing power via cash or shares as collateral.Equity, Fractional share, Options, Short selling
Account Type

To open an account of uSMART Group, you can click “Register/ Log in”, and fill in your mobile number or email, set password and click “Sign Up”. The procedure is simple and easy.

Open an account

Leverage

uSMART Group offers leverage up to 1:3. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

uSMART Group Fees

uSMART Group charges fees according to different products and services. For uSMART traders, they charge US stock, US option, ADR, HK stock & Warrant & CBBCs, SG stock fees, and Unit Trust & Insurance.

Product TypeFee TypeRate/AmountMinimumMaximumApplicable GST (9%)
US StocksCommission$0.003 per share$0.50 per order0.50% of transaction amount
Platform Fee$0.005 per share$1.00 per order
Fractional Shares TradingCommission$0.00 (for < 1 share)//
Platform Fee$1.00 per order//
OTC Shares TradingCommission//
Platform Fee$0.019 per share$6 per transaction2% of transaction amount

More details can be learned through clicking: https://www.usmartglobal.com/pricing

Fees

Trading Platform

uSMART Group offers the uSMART App. This app supports trading in iOS, Android, Mac, Windows and OpenAPI. TWAP, VWAP orders are supported for professional traders.

Trading PlatformSupportedAvailable DevicesSuitable for
uSMART AppiOS, Android, Windows, Mac/
MT4/Beginners
MT5Windows, Android, WebTrader, iOSExperienced traders
uSMART App

Deposit and Withdrawal

For Singapore Dollars (SGD), uSMART Group accepts eGIRO, Paynow, FAST, telegraphic transfer, and BigPay to make a deposit.

For foreign currency (USD and HKD), they offer telegraphic transfer and BigPay.

Deposit and Withdrawal

Besides, they supports fund withdrawal but require minimum withdrawal amount:

Min Withdrawal
HKD to banks in other countries/regions400
HKD to Hong Kong banks10
USD50

Keywords

  • 2-5 years
  • Regulated in Hong Kong
  • Regulated in Singapore
  • Derivatives Trading License (AGN)
  • Derivatives Trading License (EP)
  • Self-developed

Wiki Q&A

Is uSMART safe to trade with?

uSMART exhibits a strong regulatory profile, holding valid licenses from the Securities and Futures Commission of Hong Kong (SFC) and the Monetary Authority of Singapore (MAS), which provides a formal framework of oversight for its operations in those jurisdictions.

Two days ago
United States

Is uSMART regulated?

Yes, uSMART is a regulated broker. Its operating entity, uSmart Holding Ltd, holds a Derivatives Trading License (AGN, No. BJA907) from Hong Kong's SFC and another license (CMS101161) from Singapore's MAS for derivatives trading activities.

Two days ago
United States

When was uSMART established?

The broker uSMART has been in operation for an estimated 2 to 5 years and is registered in Hong Kong.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Two days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States
View More
Write a comment
3
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com