SFCHong KongTier 1Licence number
ADH427
View licence record- Licence holder
- Held by BRIGHT
Not checkedUpdated
At a glance
Regulation on record for BRIGHT
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
BRIGHT has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for BRIGHT, strongest authority first.
1 record
- SFCHong KongTier 1
Protection
What this licence protects
SFC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Client money kept separate
- Negative balance protection
- Complaints routeSFC Complaints / FDRC
- Maximum leverage1:13
Frequently Asked Questions
Questions about the licences held by BRIGHT
Answered from the register entries on this page.
Most Popular Questions
Yes, Bright Smart does not accept clients from certain prohibited countries including the USA, North Korea, Iran, and other sanctioned countries. This restriction aligns with regulatory compliance and international sanctions.
Bright Smart is authorized to offer trading in various regulated financial instruments including forex, stocks, derivatives, securities, and futures. These instruments are subject to the broker's regulatory framework under the Hong Kong SFC.
According to WIKILIX data, Bright Smart offers a maximum leverage of up to 100. This leverage level applies to their trading accounts but specific leverage conditions may vary depending on the instrument and regulatory requirements.
Yes, Bright Smart requires client identification for deposits, especially for telegraphic transfers, and verification of deposit proofs for bank transfers. Withdrawal instructions must be submitted electronically or by phone before 1:00 pm on a trading day for same-day processing.
Bright Smart provides access to the MetaTrader 4 trading platform, which is available on desktop and supports various operating systems. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution for Forex and CFDs trading.
Bright Smart Futures & Commodities Company Limited is regulated by the Securities and Futures Commission (SFC) in Hong Kong. The SFC is a government-regulated authority with high transparency and strict fund segregation rules, although there is no mandatory client fund insurance. This regulation aims to protect investors and ensure compliance with financial laws.
BRIGHT has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
BRIGHT holds licence records issued by SFC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by BRIGHT comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by BRIGHT has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
BRIGHT has licence records in Hong Kong. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.