uSMART operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.

Low risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

Authorised by Tier-1 regulator(s): MAS
Withdrawal complaints in ~33% of recent reviews
No verifiable website or social-media presence

How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

Factor	Score	Weight
Regulation & licensing	8	35%
Company age	45	15%
Clone / impersonation	0	12%
Withdrawal & exposure complaints	18	12%
Offshore registration	45	8%
Transparency (site/info/social)	53	10%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company

Legal nameuSmart Holding Ltd

Headquarters🇭🇰 Hong Kong

Founded2024-01-23

Years operating2-5 years

Employees0

Official websiteusmart.sg

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods—

Withdrawal methods—

Instruments—

Registered address

3 Phillip St, #12-04, Royal Group Building, Singapore 048693

Regulation & licenses · 2

Regulator	License type	License No.	Region	Status
SFC	Derivatives Trading License (AGN)	BJA907	Hong Kong China	Regulated
MAS	Derivatives Trading License (EP)	CMS101161	Singapore	Regulated

Review analysis AI

Across 3 recent Trustpilot reviews, 33% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

Period:

What users complain about

What users praise

Where reviewers are from

Taiwan1

Italy1

Hong Kong1

Real user reviews

Where uSMART operates

Active across 15 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇨🇳 China

🇭🇰 Hong Kong

🇺🇸 United States

🇸🇬 Singapore Licensed

🇹🇼 Taiwan 1 complaint

🇩🇪 Germany

🇲🇾 Malaysia

🇦🇺 Australia

🇯🇵 Japan

🇧🇩 Bangladesh

🇮🇳 India

🇫🇷 France

🇳🇱 Netherlands

🇨🇦 Canada

🇮🇩 Indonesia

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About uSMART

uSMART is a forex and CFD broker based in Hong Kong, with records dating to 2024-01-23. It reports oversight from MAS, SFC.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Overview compiled by FXCanary from regulatory records and public data. full uSMART review