SmartProp

Risk warning Forex and CFDs are traded on leverage. Losses can build quickly, and if the contracting entity offers no negative balance protection, they can exceed the money you deposit. UK rules (FCA PS19/18) require CFD providers to state the percentage of their retail accounts that lose money. Check that figure on the website of the entity you would actually sign with. The FXCN score summarises records that can be checked. It is not investment advice or a recommendation to open an account.

Checking a firm from India or the US

In India, the RBI Alert List names platforms that are not authorised to deal in forex under FEMA. In the US, an RFED, the firm that is the counterparty to retail forex trades, must be registered and be an NFA member. You can look a firm up in NFA BASIC.

Sources, checked 25 Oct 2026: FCA PS19/18 · RBI Alert List · NFA: RFED registration · NFA BASIC

HeadquartersUnited Kingdom Founded2021 Regulatory licenses0 Websitesmartprop.com

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What this broker record establishes

Check whether SmartProp is regulated. FXCN reviews its legal entities, licences, risk controls and public evidence with an auditable scoring method.

Identify the onboarding entity from these records before applying the score or any client protection to an account.

Why this score?

5 dimensions · open algorithm

Regulation w = 0.3

— 0.0 pts

Risk control w = 0.2 · not assessed (base 50)

50.0 10.0 pts

Transparency w = 0.2

70.0 14.0 pts

Reputation w = 0.2 · not assessed (base 50)

50.0 10.0 pts

Disclosure w = 0.1 · not assessed (base 50)

50.0 5.0 pts

Assessment coverage 2/5 · These dimensions lack sufficient public data and stay at the base 50, excluded from downgrade checks: Risk control、Reputation、Disclosure

Facts marked ↗ link to a public source; the rest are internally verified, evidence link pending Methodology Updated at: 2026-08-30 21:02

Regulatory licenses

0 on record

No verified regulatory license on file. This is a high-risk signal.

Company profile

Structure · Ownership · Listing

Score evidence trail

3 scoring facts

Regulation	+/−	Reason	Evidence
Regulation	-50.0	No verified regulatory licence found (REG_NONE)	evidence pending
Transparency	+20.0	Registered and operating locations are consistent (TRANS_HQ_MATCH)	evidence pending
Reputation	+0.0	Insufficient user reviews (0) for assessment (REP_INSUFFICIENT)	evidence pending

AI editor brief

FXCN risk summary

SmartProp is presented in FXCN data as a proprietary trading platform rather than a traditional retail forex broker. FXCN has not verified any regulatory licence for this entity, and there are not enough user reviews to assess reputation. Before paying an evaluation or challenge fee, verify the contracting legal entity, fee and refund terms, trading rules, payout eligibility, prohibited strategies and dispute route.

Best fit: users who understand proprietary-trading evaluation models and can independently verify every term.

Watch point: do not assume broker-style client-money protection, compensation or regulatory recourse unless an official regulator register confirms it.

Generated by AI from structured facts above. All sources are linked under "Why this score".

Frequently Asked Questions

Which authorities regulate SmartProp?

FXCN has no record of an active regulatory licence for SmartProp. Treat any platform soliciting deposits under this name with extreme caution and verify it with our scam-check tool first.

When was SmartProp founded and where is it based?

SmartProp was founded in 2021 and is headquartered in United Kingdom.

Which scoring dimensions has FXCN actually assessed for SmartProp?

The FXCN score combines 5 weighted dimensions: Regulation 30%, Risk control 20%, Transparency 20%, Reputation 20%, Disclosure 10%. As of 2026-08-30, 2/5 dimensions have enough public data to assess; not yet assessed: Risk control, Reputation, Disclosure. Unassessed dimensions stay at the base score of 50 — they neither add points nor trigger the "any dimension too low" downgrade. We would rather flag a gap than fill it with a guess. Every individual point adjustment is listed in the evidence table above. Methodology

User reviews

No reviews yet.

Evidence-based options

Brokers sharing a regulator appear first, followed by alternatives in the same headquarters jurisdiction and risk band. Every relationship comes from structured FXCN data; nothing is random.