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No Regulation
Score
1.44 /10
Danger
Smart FX Vest
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.48
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2025-01-07
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: Smart FX Vest's official website - https://smartfxvest.com/ is currently inaccessible normal.
| Smart FX Vest Review Summary | |
| Founded | / |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | 250+, Forex, CFDs on Shares, Futures, Indices, Metals, Energies |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 2 pips (Classic account) |
| Trading Platform | / |
| Min Deposit | $100 |
| Customer Support | Live chat, contact form |
| Email: support@SmartFxVest.com | |
| Regional Restrictions | The United States, Cuba, Iraq, Myanmar, North Korea, and Sudan |
Smart FX Vest appears to be an unregulated online trading platform that offers 250+ trading instruments, including Forex, CFDs onShares, Futures, Indices, Metals, and Energies. Additionally, it claims to provide its clients with leverage up to 1:1000, floating spreads from 0.5 pips, and commission-free trading via 3 different live account types.
Pros and Cons
| Pros | Cons |
| Various market instruments | Unfunctional website |
| Three account types | Unregulated status |
| No commissions | High spreads on the Classic account |
| Flexible leverage ratios | Only email support |
| Multiple payment options | Regional restrictions |
| No deposit and withdrawal fees | |
| Live chat support |
Is Smart FX Vest Legit?
No, Smart FX Vest operates without valid regulation, which means trading on this platform your fund is not safe.
What Can I Trade on Smart FX Vest?
In its advertising, Smart FX Vest claims to provide access to more than 250 trading instruments, including Forex, CFDs on shares, futures, indices, metals, and energies.
| Trading Asset | Available |
| Forex | ✔ |
| CFDs | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Futures | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
Smart FX Vest claims to offer 3 types of trading accounts - Classic, Pro and ECN, with minimum initial deposit requirements of $100, $500 and $10,000 respectively.
| Account Type | CLASSIC | PRO | ECN |
| Min Deposit | $100 | $500 | $10,000 |
| Max Deposit | $1,000 | $5,000 | Unlimited |
| Max Leverage | 1:1-1:500 | 1:1-1:400 | 1:1-1:100 |
| Spread | From 2 pips | From 1.2 pips | From 0.5 pips |
| Commission | ❌ | ||
Deposit and Withdrawal
| Payment Option | Min Deposit | Deposit/Withdrawal Fee | Deposit/Withdrawal Time |
| MasterCard | $100 | ❌ | Instant |
| Visa | |||
| WeChatPay | |||
| SoFortüberweisung | 2 hours | ||
| American Express | Instant | ||
| Giropay | 2 hours | ||
| Ideal | Instant | ||
| Maestro | |||
| JCB | |||
| China Union Pay | |||
| Skrill | 2 hours | ||
| Neteller | Instant | ||
| WebMoney | 3-5 working days | ||
| Yemadai | Instant | ||
| Local Deposit and International Deposit | 5-7 working days |
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