We focus on the safety of your funds
So you can focus on your Trading

Committed to keeping your money safe

We treat the security, privacy and protection of your investments with utmost importance, which is why we are registered and licensed to operate under strict regulations. Headquartered in Limassol, Cyprus, SmartCoin FX Group Ltd is authorised and regulated to conduct portfolio management, investment advice and agency only execution activities. Headquartered in Vanuatu, SmartCoin FX Overseas Ltd is authorised and regulated to conduct dealing in securities, portfolio management, investment advice and execution of orders activities. This way you can focus on trading while we take care of the safety of your funds.

Regulated by:

CySEC ( Licence no. 150/11)

MiFID II compliant in Europe under the Investment Services and Regulated Market Law of 2017 (Law No. 87(I)/2017).

VFSC (Licence no. 17933)

Registered with:

FCA (Registration no.580193)

Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) (Registration no.126399)

ACPR (Registration no.74013)

CONSOB (Registration no.3317)

Member of:

ICF - Investor Compensation Fund

Rooted in Trust & Security

Our core values are rooted in trust as we believe that this is the foundation of all solid relationships. We are a reliable firm known for having your best interests in mind. Our clients know that SmartCoin FX Brokers will never take the opposite side of their trades - and our regulatory status is added assurance of that. You can rely on the safety of your transactions when you trade with us.

Our annual financial reports are audited by leading Cypriot financial auditors, any funds held with us are secure and our resources are adequately managed at all times. Our internal auditors, external auditors, compliance and legal teams provide a comprehensive audit, special investigations and compliance set of solutions.

Segregation

All your funds, without any exceptions, are fully segregated into special client accounts and kept separate from our company funds, ensuring they remain secure. Whether they are classified as company funds or client funds, they are kept in licensed, world-class financial institutions in the UK and Germany, amongst the safest in their category.

Compensation

The Investor Compensation Fund (ICF) is an extra measure of insurance for your funds. As we are a member of this fund, our clients may be eligible to put a claim into the ICF in the event that SmartCoin FX Group Ltd unable to meet its financial obligations. Eligibility depends on the status and the nature of the claim. Read more about the

Risk protection

Our automated risk management system, which includes negative balance protection and lower leverage set-up, is designed to reduce the risk of your account being depleted to zero or turning negative. This is especially useful to prevent negative impacts generated by weekend Market Gaps. Read more about our

What are we authorised for?

The Cyprus Securities and Exchange Commission (CySEC), a mature world-class regulator, has long-term experience in the CFDs and Forex industry, allows passporting to other European territories’ jurisdictions, and is viewed as a leading regulatory authority in Europe. The Vanuatu Financial Services Commission (VFSC) strictly applies high international standards and best practices in the regulation and supervision of the investment business under its jurisdiction to ensure the integrity of the financial services industry.

SmartCoin FX Group Ltd

Our authorisations include the following services and activities in relation to Transferable Securities, Options, Futures, SWAPS, Forward Rate Agreements, Financial Contracts for Differences (CFD) and other Derivatives:

  • Reception and transmission of orders in relation to one or more financial instruments
  • Execution of orders on behalf of clients
  • Portfolio management
  • Investment advice

We are also allowed to offer the following ancillary services:

  • Safekeeping and administration of financial instruments for the accounts of clients, including custodianship and related services such as cash/collateral management
  • Granting credits or loans to an investor to allow them to carry out a transaction in one or more financial instruments, where the firm granting the credit or loan is involved in the transaction
  • Foreign exchange services where these are connected to the provision of investment services
  • Investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments

SmartCoin FX Overseas Ltd

Our authorisations include the following services and activities in relation to Transferable Securities, Options, Futures, SWAPS, Forward Rate Agreements, Financial Contracts for Differences (CFD) and other Derivatives:

  • Dealing in securities
  • Reception and transmission of orders in relation to one or more financial instruments
  • Execution of orders on behalf of clients
  • Portfolio management
  • Investment advice
  • Underwriting of financial instruments and/or placing of financial instruments on a firm commitment basis

We are also allowed to offer the following ancillary services:

  • Safekeeping and administration of financial instruments for the accounts of clients, including custodianship and related services such as cash/collateral management
  • Granting credits or loans to an investor to allow them to carry out a transaction in one or more financial instruments, where the firm granting the credit or loan is involved in the transaction
  • Foreign exchange services where these are connected to the provision of investment services
  • Investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments
Read about our authorisations

What is MiFID II?

MIFID II—the Directive on Markets in Financial Instruments Directive 2014/65/EC came into effect amending and replacing MiFID, the Markets in Financial Instruments Directive (2004/39/EC) — and the accompanying Regulation on Markets in Financial Instruments, MiFIR, which has been in place since November 2007. MiFID II has been transposed into Cypriot legislation with the New Law 87(I)/2017 (Law which provides for the Provision of Investment Services, the Exercise of Investment Activities, and the Operation of Regulated Markets and Other Related Matters), and applies from 3 January 2018.

MiFID II’s aim is to improve the competitiveness of EU financial markets by creating a single market for investment services and activities, and ensuring a high degree of harmonised protection for investors in financial instruments, such as shares, bonds, derivatives and various structured products.

Under MiFID II, SmartCoin FX Group Ltd can offer authorised and regulated cross-border services to all Member States, including but not limited to the following jurisdictions: Austria, Bulgaria, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, the Netherlands, the United Kingdom.

Learn more about MiFID II