Wikilix
Licence record

uSMART Group: MAS licence CMS101161

Issuing authority
Monetary Authority of Singapore
Jurisdiction
Singapore
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by Monetary Authority of Singapore. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

Monetary Authority of Singapore CMS101161

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
uSmart Holding Ltd.
Issuing authority
Monetary Authority of Singapore
Jurisdiction
Singapore
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/usmart-group/licenses/monetary-authority-of-singapore/cms101161Fields on file 2 / 11

Open uSMART GroupAll uSMART Group licencesAbout MAS
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
Singapore
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
CMS101161
Licence type (Wikilix classification)
Retail Forex License
The authority

About MAS

Monetary Authority of Singapore is the authority that issued this licence, and the jurisdiction it applies in is Singapore.

Full name
Monetary Authority of Singapore
Jurisdiction
Singapore
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1971
Oversight
A government or statutory body
Firms we track under it
17 firms
Regulates
forex, Stocks, Fund, Options, Derivatives, Futures
Licences it issues
Capital Markets Services (CMS) Licence
Typical cost of a licence
SGD 500000+
Public register
Searchable by the public
Transparency
High
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
This describes the authority's regime, not how uSMART Group applies it.
The holder

Who holds this licence

The licence above is recorded against uSMART Group. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
uSmart Holding Ltd.
Based in
Hong Kong
Wikilix score
73.3the firm’s overall score, not a rating of this licence

Wikilix has flagged uSMART Group as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • USMART SECURITIES (SINGAPORE) PTE. LTD.Singapore · Reg. 202110113K · Mar 22, 2021
  • uSmart Securities LimitedHong Kong · Reg. 2391600 · Jun 17, 2016
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences uSMART Group holds

One other licence is on record for uSMART Group.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Licence CMS101161 was issued by Monetary Authority of Singapore (MAS), the financial authority for Singapore.
uSMART Group holds this MAS licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the MAS register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates MAS tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
uSMART Group has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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