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Regarding the legitimacy of uSMART Group forex brokers, it provides a comprehensive investigation into the security aspects of regulatory SFC,MAS, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Risk Control

Risk Manage

Business

Field Survey

Is uSMART Group safe?

The regulatory license is the strongest proof.

Securities

SFC Dealing in securities

Securities and Futures Commission of Hong Kong

Securities and Futures Commission of Hong Kong

Regulatory Agencies Introduction
  • Current Status:

    Exceeded
  • License Type:

    Dealing in securities
  • Licensed Institution:

    uSmart Securities Limited uSmart Securities Limited
  • Effective Date: Change Record

    2017-07-13
  • Email Address of Licensed Institution:

    cs@usmarthk.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    usmartsecurities.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Unit 2606, 26/F, FWD Financial Centre, 308 Des Voeux Road Central, Hong Kong
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name
Retail FX

MAS Retail Forex License

Monetary Authority of Singapore

Monetary Authority of Singapore

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Retail Forex License
  • Licensed Institution:

    USMART SECURITIES (SINGAPORE) PTE. LTD. USMART SECURITIES (SINGAPORE) PTE. LTD.
  • Effective Date:

    --
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    3 PHILLIP STREET #12-04 ROYAL GROUP BUILDING 048693
  • Phone Number of Licensed Institution:

    +65 63030663
  • Licensed Institution Certified Documents:

11 name

Is uSMART Group a scam, or is it legit?

The latest exposure and evaluation content of uSMART Group brokers.

Positions disappear after exercising options, opaque operations, misappropriation of client funds
This company is 100% a scam. Although it appears to have a legitimate license, after purchasing U.S. stock options and exercising them, the positions never appeared. They later claimed it was settled in cash, but there were no transaction records visible at all. It feels like a black box operation; the process is unclear, which really isn't how a legitimate brokerage should operate.
uSMART Group's latest industry rating score is 6.54, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. uSMART Group If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.