Wikilix
Licence record

VFSC licence 40491

Holder
SmartFX
Jurisdiction
Vanuatu
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by Vanuatu Financial Services Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Aug 7, 2026

Licence Verification Record

Vanuatu Financial Services Commission 40491

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

Issuing authority
Vanuatu Financial Services Commission
Holder
Smart Securities and Commodities Limited.
Jurisdiction
Vanuatu
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/licenses/vanuatu-financial-services-commission/smartfx/40491Fields on file 2 / 11

Open SmartFXAbout VFSC
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 4
Jurisdiction
Vanuatu
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
40491
Licence type (Wikilix classification)
Retail Forex License
The authority

About VFSC

Vanuatu Financial Services Commission is the authority that issued this licence, and the jurisdiction it applies in is Vanuatu.

Full name
Vanuatu Financial Services Commission
Jurisdiction
Vanuatu
Strength
Tier 4Minimal supervision. A registration here says little about client protection.
Established
1993
Oversight
A government or statutory body
Firms we track under it
45 firms
Regulates
Forex, Stocks, Options, Derivatives, Securities, Futures
Licences it issues
Dealer in Securities Licence
Typical cost of a licence
USD 5000-10000
Public register
Searchable by the public
Transparency
Low

VFSC is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

VFSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeVFSC Complaints
  • Maximum leverage1:997
This describes the authority's regime, not how SmartFX applies it.
The holder

Who holds this licence

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

Broker
Smart Securities and Commodities Limited.
Based in
Vanuatu
Wikilix score
45.7the firm’s overall score, not a rating of this licence

Recorded companies

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

  • Lucky Joy Investment Group LimitedHong Kong · Reg. 1356904 · Dec 22, 2019
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 SmartFX holds

One other licence is on record for SmartFX.

Frequently Asked Questions

Questions about this licence

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

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.
Licence 40491 was issued by Vanuatu Financial Services Commission (VFSC), the financial authority for Vanuatu.
SmartFX holds this VFSC 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 VFSC 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 VFSC tier 4, the lowest band. A registration here says little on its own about client protection.
Yes, VFSC is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
SmartFX has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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