Score
SMC
https://www.smccomex.com
Website
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No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
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smccomex.com
50.116.92.82Server LocationUnited States
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
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Company Summary
| SMC Review Summary | |
| Founded | 1990 |
| Registered Country/Region | United Arab Emirates |
| Regulation | No regulation |
| Trading Products | Equities, commodities, forex |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Phone: +971 4 5139780E |
| Mobile: +971 55 4005381 | |
| mail: info@smccomex.com | |
SMC Information
SMC was founded in 1990 and operates in the UAE without being licensed by any major regulatory organization. It provides trading in stocks, commodities, and FX. Despite the range of services, the lack of regulation may cause problems.

Pros and Cons
| Pros | Cons |
| Wide range of financial and advisory services | No regulation |
| Long market presence (since 1990) | Unclear fee structure |
| Offers both domestic and international services | No info on deposit and withdrawal |
Is SMC Legit?
SMC claims to be based in the United Arab Emirates, however, it is not regulated by any UAE financial authority (such as the Securities & Commodities Authority) and has no licenses from well-known foreign authorities such as the UK's FCA, Australia's ASIC, or the US NFA/CFTC.

According to WHOIS records, the domain smccomex.com was registered on May 5, 2009, last updated on December 21, 2022, and is still live with numerous precautionary locks (“client delete/renew/transfer/update prohibited”).

What Can I Trade on SMC?
SMC offers a wide range of financial services, from stock and commodities trading to wealth and real estate advising. It serves both domestic and foreign clientele, including NRIs and institutional investors.
| Trading Products | Supported |
| Equities | ✔ |
| Commodities | ✔ |
| Currencies | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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