Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

uSMART

Hong Kong Hong Kong | 2-5 years |
Regulated in Hong Kong | Derivatives Trading License (AGN) | Self-developed

https://www.usmartgroup.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Hong Kong Hong Kong 3.65
Surpassed 68.60% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+65 6303 0663
https://www.usmartgroup.com/
3 Phillip St, #12-04, Royal Group Building, Singapore 048693

Basic Information

Registered Region
Hong Kong
Operating Period
2-5 years
Company Name
uSmart Holding Ltd
Abbreviation
uSMART
Employees
--
Email
support@usmart.sg
Contact Number
+6563030663
Address
3 Phillip St, #12-04, Royal Group Building, Singapore 048693
Related Personnel
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment
MT4/5

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Trading Apps
Android 2
logo
uSMART HK: Leading Tech Broker
0 Commission for US&HK Stocks*
Downloads
19,520
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots
logo
uSMART SG:Trade Stocks&Options
Lifetime zero commission trading on U.S. Stocks&Options.
Downloads
3,631
screenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshotsscreenshots

Users who viewed uSMART also viewed..

GTCFX

GTCFX

9.23
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
GTCFX
GTCFX
Score
9.23
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
taurex

taurex

8.49
Score
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
taurex
taurex
Score
8.49
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
TMGM

TMGM

8.55
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
TMGM
TMGM
Score
8.55
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
FXCM

FXCM

9.40
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
FXCM
FXCM
Score
9.40
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • Hong Kong usmart.sg
    47.242.182.40
  • Hong Kong usmart.hk
    119.28.205.187
  • Hong Kong usmartgroup.com
    47.242.182.40

Relationship Map

vip Subscribe in the App to unlock!
Download App
vipvip
uSMART

Related Companies

USMART SECURITIES (SINGAPORE) PTE. LTD.(Singapore)
Singapore
USMART SECURITIES (SINGAPORE) PTE. LTD.(Singapore)
Active
Singapore
Registration No.
202110113K
Est. Date
uSmart Securities Limited
Hong Kong
uSmart Securities Limited
Active
Hong Kong
Registration No.
2391600
Est. Date
Employees

Company Profile

Company Profile

Review summary

uSMART Group Review Summary
Founded2021
Registered Country/RegionHong Kong
RegulationMAS
Market InstrumentsStocks, shares, options, ETFs, REITs and ADRs, futures and forex
Demo Account
Leverage1:3
Spread/
Trading PlatformuSMART App
Min Deposit0
Customer Support24/5 support
Tel: +65 6303 0663; +65 3135 1599 (Singapore)/ +852 9520 4758 (Hong Kong)
Email: support@usmart.sg (Singapore)/cs@usmarthk.com (Hong Kong)
Address: 3 Phillip St, #12-04, Royal Group Building, Singapore 048693
Room 2606-07, 26th Floor, FWD Financial Centre, 308 Des Voeux Road Central, Sheung Wan, Hong Kong

uSMART Group, officially registered as uSmart Holding Ltd., operates as a Hong Kong-based regulated broker since 2021. uSMART Group provides a wide range of trading options including US, Singapore, and Hong Kong stocks, fractional shares, various US options, forex, and grid trading. The brokerage uses its proprietary uSmart platform, compatible with iOS, Android, Mac, Windows, and OpenAPI. It is currently regulated well by MAS.

uSMART Group's homepage

Pros and Cons

ProsCons
Regulated by MASNo demo accounts
Security measures providedComplex fee structures
Simple account opening proceduresNo MT4/5
No minimum deposit requirementLack of popular payment methods

Is uSMART Group Legit?

uSMART Group has established its legitimacy and credibilityby securing regulation from the Monetary Authority of Singapore (MAS), a regulatory authority acclaimed for its comprehensive and strict financial oversight. The broker holds a Retail Forex License.

Regulatory StatusRegulated
Regulated byMonetary Authority of Singapore (MAS)
Licensed InstitutionUSMART SECURITIES (SINGAPORE) PTE. LTD.
Licensed TypeRetail Forex License
Licensed NumberCMS101161
Regulated by MAS

Additionally, it provides further protection. To ensure the safety of client assets, funds, and securities are held in separate custodian accounts, which prevents them from being mixed with other accounts.

Fund trust and safety

What Can I Trade on uSMART Group?

uSMART Group provides stock trading in US, Singapore and Hong Kong markets and fractional shares, US options trading with diverse range of options strategies, short selling and grid trading order, ETFs, REITs and ADRs, and varieties of futures and forex products.

Tradable InstrumentsSupported
Stocks/Shares
Options
ETFs
REITs
ADRs
Futures
Forex
Commodities
Indices
Cryptocurrencies
Bonds
What Can I Trade on uSMART Group?

Account Type

uSMART Group offers two types of accounts: the Cash and Margin accounts. They claim it does not require the minimum deposit.

Account TypeFeatureAvailable Tradable Products
CashBasic account for trading with cash. Purchasing power is through cash deposits.Equity, Fractional share
MarginFlexible account with leverage (up to 3 times). Purchasing power via cash or shares as collateral.Equity, Fractional share, Options, Short selling
Account Type

To open an account of uSMART Group, you can click “Register/ Log in”, and fill in your mobile number or email, set password and click “Sign Up”. The procedure is simple and easy.

Open an account

Leverage

uSMART Group offers leverage up to 1:3. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

uSMART Group Fees

uSMART Group charges fees according to different products and services. For uSMART traders, they charge US stock, US option, ADR, HK stock & Warrant & CBBCs, SG stock fees, and Unit Trust & Insurance.

Product TypeFee TypeRate/AmountMinimumMaximumApplicable GST (9%)
US StocksCommission$0.003 per share$0.50 per order0.50% of transaction amount
Platform Fee$0.005 per share$1.00 per order
Fractional Shares TradingCommission$0.00 (for < 1 share)//
Platform Fee$1.00 per order//
OTC Shares TradingCommission//
Platform Fee$0.019 per share$6 per transaction2% of transaction amount

More details can be learned through clicking: https://www.usmartglobal.com/pricing

Fees

Trading Platform

uSMART Group offers the uSMART App. This app supports trading in iOS, Android, Mac, Windows and OpenAPI. TWAP, VWAP orders are supported for professional traders.

Trading PlatformSupportedAvailable DevicesSuitable for
uSMART AppiOS, Android, Windows, Mac/
MT4/Beginners
MT5Windows, Android, WebTrader, iOSExperienced traders
uSMART App

Deposit and Withdrawal

For Singapore Dollars (SGD), uSMART Group accepts eGIRO, Paynow, FAST, telegraphic transfer, and BigPay to make a deposit.

For foreign currency (USD and HKD), they offer telegraphic transfer and BigPay.

Deposit and Withdrawal

Besides, they supports fund withdrawal but require minimum withdrawal amount:

Min Withdrawal
HKD to banks in other countries/regions400
HKD to Hong Kong banks10
USD50

Company Profile

  • 2-5 years
  • Regulated in Hong Kong
  • Regulated in Singapore
  • Derivatives Trading License (AGN)
  • Derivatives Trading License (EP)
  • Self-developed

Wiki Q&A

Is uSMART safe to trade with?

uSMART exhibits a strong regulatory profile, holding valid licenses from the Securities and Futures Commission of Hong Kong (SFC) and the Monetary Authority of Singapore (MAS), which provides a formal framework of oversight for its operations in those jurisdictions.

In a week
United States

Is uSMART regulated?

Yes, uSMART is a regulated broker. Its operating entity, uSmart Holding Ltd, holds a Derivatives Trading License (AGN, No. BJA907) from Hong Kong's SFC and another license (CMS101161) from Singapore's MAS for derivatives trading activities.

In a week
United States

When was uSMART established?

The broker uSMART has been in operation for an estimated 2 to 5 years and is registered in Hong Kong.

In a week
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

In a week
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

In a week
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

In a week
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

In a week
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

In a week
United States
View More
Write a Review
3
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com