No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

SMI TRADE

Singapore | 2-5 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://smitrade.com/en-us/home/index.html

Website

Open Account Time Machine

Rating Index

Contact

+44 2086384777

https://smitrade.com/en-us/home/index.html

203-207 Oxford St, London W1D 2LE,UK

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-04-06

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Singapore

Operating Period

2-5 years

Company Name

SMI TRADE

Customer Service Email Address

support@smitrade.com

Contact Number

+442086384777

Company Website

https://smitrade.com/en-us/home/index.html

Website

Genealogy

Related Companies

Employees

Company Summary

News

Wiki Q&A

Comment

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Details

Official Website

Website

smitrade.com
198.54.115.172
Server Location
United States
ICP registration
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Most visited countries/areas
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Domain Effective Date
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Website
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Company
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Genealogy

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SMI TRADE

Related Companies

SMI TRADE LTD(United Kingdom)

Active

United Kingdom

Registration No.15875496

Established2022-04-27

Related sourcesWebsite Announcement

Employees

SANA MOSHIN IPROLIYA

India

Director

Start date

2024-08-03

Status

Employed

SMI TRADE LTD(United Kingdom)

Review summary

SMI TRADE is a forex broker registered in Singapore and operational for 2-5 years. WikiFX assessment indicates the entity holds a low overall score of 1.44. It operates without valid forex trading licenses, lacking the oversight of established financial regulators. Trading conditions such as minimum deposit, leverage, and execution platforms are not publicly disclosed. The broker's operations present a significant regulatory risk for prospective clients. 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: 2026-04-06)

Keywords

2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

News

Exposure WikiFX Scam Alert: FCA Issued a Warning Against SMI TRADE !!!

SMI TRADE was officially exposed as a scam by the British regulator FCA, which issued a warning against the brokerage. Blacklisted brokers are fraudulent and should be avoided no matter what!

2022-11-07 13:59

Wiki Q&A

Is SMI TRADE safe and reliable?

Based on its operational profile, SMI TRADE does not exhibit characteristics typical of a safe and reliable broker. According to WikiFX data, it holds an overall score of 1.44. The broker operates without any recognized regulatory oversight, which means standard protections for client funds, such as segregation and compensation schemes, are absent.

United States

Is SMI TRADE regulated?

No, SMI TRADE is not a regulated broker. The WikiFX assessment confirms the entity holds no valid forex trading licenses from major financial authorities. Its regulatory status is explicitly listed as 'No Regulation'.

United States

What is the minimum deposit of SMI TRADE?

SMI TRADE does not publicly disclose a minimum deposit requirement. This information is not available through its official channels or standard industry data sources.

United States

Does SMI TRADE support MT4 or MT5?

Information regarding the specific trading platforms offered by SMI TRADE, including whether it supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly disclosed.

United States

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