247SmartFX is an online German-based Forex and CFD broker. It offers a wide range of assets to trade with, such as currency pairs, cryptocurrency, stocks, commodities, and indices. The broker uses an advanced and user-friendly MT4 trading platform with a minimum deposit of $250 to open a live account.
Is 247SmartFX Registered?
247SmartFX claims itself to be a registered broker that is owned by Game Capital Ads Ltd, apparently based in Germany. The broker falsely claims that the platform is regulated by the Financial Conduct Authority (FCA) of the UK. Thus, the entity deliberately tries to mislead the investors about its legitimacy.
Is It Safe To Invest With 247SmartFX?
247SmartFX is a suspicious forum, consciously provided inaccurate information about its workings. There is no provision for the protection of funds. Hence, it is advisable to avoid 247SmartFX for any sort of investment.
How To Recover Your Lost Money From 247SmartFX?
247SmartFX has not received favorable reviews from the investors. It appears like a clone firm and might turn into a potential scammer. Cyprus Securities and Exchange Commission (CySEC) has issued a public warning against this broker. Unfortunately, if you are facing any scam issue with 247SmartFX, approach us. We will assist you to recover your funds.