MASSingaporeTier 1Licence number
CMS101161
View licence record- Licence holder
- Held by uSMART Group
- Licence type and regime
- Retail Forex License
Not checkedUpdated
At a glance
Regulation on record for uSMART Group
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
- 2
- Found on an official register
- 0
uSMART Group has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — 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.
Licence record
Licences on record
Every licence on record for uSMART Group, strongest authority first.
2 records
- MASSingaporeTier 1
SFCHong KongTier 1Licence number
BJA907
View licence record- Licence holder
- Held by uSMART Group
- Licence type and regime
- Dealing in securities
Not checkedUpdated
Protection
What this licence protects
MAS's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Complaints routeFIDReC
- Maximum leverage1:20
Frequently Asked Questions
Questions about the licences held by uSMART Group
Answered from the register entries on this page.
Most Popular Questions
Brokers regulated by the Securities and Futures Commission (SFC) and the Monetary Authority of Singapore (MAS) offer a range of instruments including forex, stocks, derivatives, securities, futures, funds, and options. These regulators oversee a broad spectrum of financial products to ensure compliance and investor protection.
uSMART Group offers customer support via phone and live chat during business hours. Support is available in English, and the broker provides an email address for support inquiries. The contact details include a Singapore phone number and a physical office address.
The available information indicates that uSMART Group does not charge commissions on trades. However, details about spreads or execution models are not specified in the provided context.
uSMART Group offers a maximum leverage of 3 according to the provided trading conditions. This leverage level is relatively low compared to some other brokers, reflecting a more conservative risk approach.
uSMART Group supports multiple funding methods including bank transfers via DBS and HSBC, as well as e-wallets like eGIRO, PayNow, Fast, Wise, and BigPay. Deposits are generally free with minimum amounts around SGD 100, while withdrawal fees vary depending on the destination bank and method, with processing times ranging from instant to up to five business days.
According to WIKILIX data, uSMART Group is regulated by the Securities and Futures Commission (SFC) in Hong Kong and the Monetary Authority of Singapore (MAS). Both regulators are tier 1 and government-regulated, ensuring high transparency and strict fund segregation, although there is no mandatory client fund insurance.
uSMART Group 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.
uSMART Group holds licence records issued by MAS, SFC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by uSMART Group come from tier-1 or tier-2 authorities (2 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by uSMART Group 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.
uSMART Group has licence records in Singapore, Hong Kong. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.