Review summary
FSM Smart LIMITED, operating under the name FSM, has been registered in Switzerland for approximately 5 to 10 years. According to WikiFX assessment, the broker holds a total score of 1.60, reflecting significant concerns regarding its regulatory standing. The entity does not possess any valid authoritative forex trading licenses, meaning it operates without the oversight of a recognized financial regulator. This lack of credible oversight introduces considerable uncertainty for traders. FSM offers a range of account types—BEGINNER, SILVER, GOLD, GOLD+, and PLATINUM—with minimum deposits starting from as low as 0.01 units of base currency and entry conditions ranging from 250 USD to 100,000 USD. The accounts support fixed or floating spreads, allow scalping and EA usage, and permit hedging. However, specific leverage ratios and execution details are not publicly disclosed. Given the absence of regulatory licensing, this entity presents a highly suspicious profile and traders should exercise due diligence. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-17)
