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SMFX Review 2021

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
SMFX Logo

SMFX is a trading name of Scope Markets Ltd which is regulated entity, following strictly the segregated accounts principal by offering wide range of products together with Multi-Platform trading facilities.

SMFX do understand that traders are looking for fast execution, minimum slippage and tight spread because we have been dealers since 1997 and know the value of being a client oriented company. Whether you are an experienced trader or new into currency trading, our user friendly trading platforms are simple yet sophisticated enough to give you the best effort service 24 hours and 5 days a week.

  • Start year:1997
  • Country of origin: Belize
  • Regulation: IFSC/60/373/TS/19
  • Payment options: bank cards, wire transfers, Skrill, Webmoney
  • Minimum account size:$100
  • Minimum lot size:0.01 lot
  • Leverage: 1:2000
  • Spreads:from 1.8 point

Legal

SMFX is a trading name of Scope Markets Ltd. Financial Services are provided by Scope Markets LTD, registration numberΒ 145,138Β (registered address: 5 Cork street, Belize City, Belize). Scope Markets Ltd is regulated by the International Financial Services Commission of Belize (IFSC) under license numberΒ IFSC/60/373/TS/19.Β Β 

Why Trade With SMFX

Technology

The Company have partnered with industry leaders to provide cutting-edge technology, speedy execution, and low-latency solutions to our clients to ensure the most optimal trading environment through strategic placement of trading servers, and robust software and hardware. Our team has in the past developed and maintained infrastructures that were used by hedge fund managers in executing high frequency trades resulting in tens of thousands of trades per day with each trade only lasting milliseconds. We don’t just only understand the importance of a robust infrastructure but actually have the experience in developing one.

Account Types for Everyone

SMFX aim is to cater to the needs of all types of traders and investors whether they are beginner or institutional grade traders & investors. Our robust technology allows us to customize trading accounts as per our clients’ needs.

  • Standard
  • VIP
  • ECN

Funding Options

Deposit funds to your SMFX account via bank wire transfer and credit/debit card. These methods are not only secure and confidential, but also convenient.

Fund Safety

SMFX lets you trade with unprecedented assurance and security. We take enormous measures to make sure your funds are handled in the safest way possible. At SMFX, all traders receive the same institutional hedge fund style protection. Client funds security is a key element of SMFX philosophy alongside unmatched trading conditions and customer support. With global recognition for excellence, solid reputation and multi-award winning services, our clients are assured that their funds are held with security, clarity and integrity. SMFX maintains segregated client accounts to ensure that client funds are fully separated from SMFX own funds at all times. All client funds deposited are completely segregated in accordance with strict policies and procedures. Clients can be assured that their funds are safe.

Liquidity

SMFX only offers executable pricing. This means that if the rate is available at the price you are trying to execute at, you will receive it. SMFX and its liquidity providers do not and will not manipulate pricing. With no dealing desk (NDD) execution and no price manipulation, your orders will be executed without interference and at market prices. Offering traders our tightest spreads possible – even during market volatility – is something we’re very serious about.

Competitive Trading Conditions

SMFX customer-centric model combines bespoke trading functionality through its platforms with the widest suite of products to offer the best pricing, execution and liquidity. With best of market spreads and round-the-clock customer coverage, clients can truly enjoy the world’s best trading environment with SMFX. Even if the market moves in the client’s favor, the client has the opportunity to receive price improvements by having the trades executed at a better price than the one requested. At SMFX we strive for the highest quality in trading execution.

For this reason, SMFX consistently invest in technological advancement. We automate every aspect of the trading process, keeping manual intervention to a minimum, in order to maximize efficiency and effectiveness.

Jurisdictions and restrictions

Scope Markets Ltd. does not offer its services to the residents of certain jurisdictions such as EU member states, Iceland, Norway, Liechtenstein, Afghanistan, Cote d’Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Syria, and Ecuador. Please check Restricted Countries.

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