CySECCyprusTier 2Licence number
316/16
View licence record- Licence holder
- Held by SmartFX
- Licence type and regime
- Straight Through Processing(STP)
Not checkedUpdated
At a glance
Regulation on record for SmartFX
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
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
SmartFX has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 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.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Licence record
Licences on record
Every licence on record for SmartFX, strongest authority first.
2 records
- CySECCyprusTier 2
VFSCVanuatuTier 4Licence number
40491
View licence record- Licence holder
- Held by SmartFX
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by SmartFX
Answered from the register entries on this page.
Most Popular Questions
SmartFX offers a maximum leverage of up to 400:1. This leverage level applies to its trading accounts as specified in the trading conditions.
No, SmartFX does not accept cryptocurrency deposits or withdrawals. Cryptocurrency funding is not supported by the broker according to the provided context.
The minimum deposit amount at SmartFX is 500 USD. Accepted payment methods include Visa, MasterCard, American Express, Skrill, Neteller, STICPAY, and bank wire transfers. Withdrawals are processed within 1-3 hours after approval, and funds must be withdrawn to the original deposit source.
SmartFX provides the MetaTrader 5 (MT5) platform, which is available on desktop, web trader, and mobile devices. MT5 supports trading Forex, stocks, and futures with advanced analytics and algorithmic trading tools. This platform is widely recognized and supported by SmartFX.
SmartFX is regulated by the Vanuatu Financial Services Commission (VFSC) and the Cyprus Securities and Exchange Commission (CySEC). CySEC regulation includes client fund insurance up to €20,000 and higher transparency, while VFSC is an offshore regulator with lower transparency. According to WIKILIX, SmartFX holds retail forex licenses under both regulators.
SmartFX has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
SmartFX holds licence records issued by CySEC, VFSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by SmartFX comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by SmartFX 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.
SmartFX has licence records in Cyprus, Vanuatu. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.