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: support@smitrade.com
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.
