Smoothfxtrade

Smooth Fx Trade Limited, operating under the brand Smoothfxtrade, is a financial services entity registered in the United States, with a registered address at 67 Wall St, New York, NY 10005. The company was founded on 13 July 2022, making it a relatively new entrant in the financial markets. According to our records, the firm lists four regulatory licences across multiple jurisdictions, though the status of these licences is not specified.

As of the latest data, the company reports zero employees, and no clone or impersonator websites have been identified. However, a notable risk flag in our assessment is the absence of a verifiable website or social-media presence, which raises questions about the firm's operational transparency and public footprint.

Smooth Fx Trade Limited holds four licences on file, each associated with a different regulator and jurisdiction. These include an ASIC licence in Australia, an FSA licence in Japan, a CBI licence in Ireland, and an FSCA licence in South Africa. All licences are categorised as Market Making (MM) or Forex Trading License (EP), indicating an intent to operate in the forex and CFD space.

However, the status of each licence is marked as '—' in our records, meaning we do not have confirmation of whether they are currently active, suspended, or revoked. This lack of status information is a significant gap, as traders typically rely on active regulatory oversight for protection. We cross-checked the licence numbers against public registers where possible, but the absence of status details limits our ability to verify their current validity.

Based on the licence categories, Smooth Fx Trade Limited appears to be positioned as a market maker in the forex and CFD industry, potentially offering leveraged trading products to retail and institutional clients. The specific instruments, platforms, and account types are not disclosed in our records, and with no verifiable website, we cannot confirm the range of services they claim to provide.

Given the lack of public information, we cannot detail the trading platforms, funding methods, or account tiers that might be available. This absence of information is itself a cautionary signal for traders, as legitimate brokers typically provide transparent details about their offerings.

The intended clientele for Smooth Fx Trade Limited is not clearly defined in our records. The regulatory licences suggest an ambition to serve traders in Australia, Japan, Ireland, and South Africa, but without operational details, it is unclear whether they focus on retail traders, institutional clients, or both.

In the absence of a website or marketing materials, we cannot assess the broker's target demographic or any unique selling points. Traders considering this entity should exercise caution and seek further clarification directly from the company.

Our FXCanary Scam Risk Score for Smooth Fx Trade Limited is 43 out of 100, which we classify as 'Guarded'. This score reflects a moderate level of risk, primarily driven by the lack of a verifiable online presence. The company has no identifiable website or social media accounts, which is unusual for a financial services provider and makes it difficult for potential clients to conduct due diligence.

Additionally, the zero-employee figure and the unspecified status of its regulatory licences contribute to the overall risk picture. While no clone sites have been found, the general opacity surrounding the firm warrants a cautious approach. We advise traders to independently verify any claims made by the company and to consider the potential risks before engaging.

In summary, Smooth Fx Trade Limited is a newly established entity with a multi-jurisdictional regulatory footprint, but with significant gaps in public information. The lack of a verifiable website, social media presence, and employee count raises concerns about its operational legitimacy and transparency.

For traders, this means that thorough due diligence is essential. We recommend seeking direct communication with the company to obtain detailed information about its services, regulatory status, and risk disclosures. Until more concrete information is available, a cautious stance is advisable.