FCA warns against SMI Trade

SMI Trade is not authorised or registered by the FCA. Based upon information that FCA holds, they believe that the firm is carrying on regulated activities which require authorisation.

Unauthorized firm details - SMI Trade

Address: 203-207 Oxford Street, London, UNITED KINGDOM, W1D 2LE
Telephone: 02086384777
Email: [email protected]

How To Protect Yourself From Scams

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.