247SmartFX is a trading firm that offers its clients a choice of four accounts for trading in forex and various CFDs on the MetaTrader 4 platform. It is located in Frankfurt am Main, Germany.
Is 247SmartFX A Legit Firm?
247SmartFX claims on its website to be licensed by the British regulator Financial Conduct Authority. But, according to our investigation, the broker is a scam and it has been blacklisted by Cyprus Securities and Exchange Commission. It is just a clone website of a registered trading platform.
Is It Safe To Invest With 247SmartFX?
Dealing with an offshore broker such as 247SmartFX increases the risk factor of your money. It has been found that this broker does not allow withdrawals and blocks your account as soon as you ask for a withdrawal. Hence, it is not a safe firm to go for trading with.
How To Recover Your Scammed Amount From 247SmartFX?
If 247SmartFX has cheated you with your money, feel free to avail yourself of the services of funds recovery companies listed on our website. They will take the necessary steps to get your money back safe in your hand.
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