FSM Smart on the list of warnings from the British FCA regulator
FSM Smart, broker providing services in the Forex market and binary options, has been included in the list of public warnings in the United Kingdom. Due to the lack of necessary permits to conduct this type of activity, the Financial Conduct Authority (FCA) decided to issue an official warning message.
FSM Smart on the list of warnings for the second time
Already in November last year we informed you about placing this broker on the list of warningsonly through Canadian financial supervision. At that time, the local regulator was particularly affected by the information on the website, which was to tempt potential customers with profits of 20% in just ... a week. In fact, it turned out that these types of returns are not being achieved, which was regularly complained by people who were attracted by these ads.
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In the case of the United Kingdom, the main reason is to conduct brokering activities in the OTC market without having the necessary licenses.
Company's data:
- Address: Hertensteinstrasse 51 Lucerne, Luzern 6004, Switzerland
- Web page: https://www.fsmsmart.com
- Phone: +18772989559
- Email: cs@fsmsmart.com
We warn against using the services of unlicensed companies. Before opening an account, always make sure that the broker has the appropriate regulations and permits from the indicated institution supervising the financial market.