FCA warning: SMARTT FX is a clone firm

"SMARTT FX" borrowed a Polish insurance broker's identity to sell forex

The FCA's notice of 4 June 2020 says "SMARTT FX" is a clone. The genuine firm whose details it uses is listed as SMARTT BROKER UBEZPIECZENIOWY Sp. z o.o. (FRN 837445), with an address in Warsaw, Poland.

"Ubezpieczeniowy" means "insurance" in Polish. An insurance broker's identity attached to a forex offer, with London addresses, is a mismatch you can spot without any special access: a licence check is about what a firm may do, not only whether it exists.

Notice re-checked on 11 October 2026. The page shows 4 June 2020 as both first published and last updated.

Clone versus genuineSide-by-side details
Why permissions matterInsurance broking is not forex dealing
Three checksName, permission, contacts
Report itConsumer and firm helplines

1. Clone and genuine firm side by side notice text

Field	Clone (SMARTT FX)	Genuine firm
Name	SMARTT FX	SMARTT BROKER UBEZPIECZENIOWY Sp. z o.o.
Address	`90 Guild Street, London, SE2 9JZ`; `153 City Road, London, EC1V 2NX`	`Wisniowa 40/8, 02-520 Warszawa, Poland`
Telephone	`2081440609`	Use the FCA register
Websites	`smart4ex.com`, `smartforex.site`	Use the FCA register
FRN	None (borrowed)	837445

2. Why "what may it do" beats "does it exist"

The FCA's clone guidance tells you to select the product or service you want on the Firm Checker and confirm the firm has permission for it. Here, a search for the name returns a real firm; a search for forex permission at that firm, with a London address, does not fit the facts in the notice.

Editorial note The translation of "Ubezpieczeniowy" is ours. Confirm the firm's actual permissions on the FCA register.

3. Three checks

Search the full name and FRN.Name, country and address must match what you were given.
Select the specific service.Forex or CFDs, and confirm permission; you can also use the licence check.
Use register contact details only.Compare domains with the clone domain check.

4. Report it

FCA consumer helpline 0800 111 6768, or the FCA reporting form.
If your own authorised firm has been cloned: FCA firm helpline 0300 500 0597.
The FCA says that with an unauthorised firm you will not have access to the Financial Ombudsman Service or the FSCS.

Sources

FCA: SMARTT FX (Clone of EEA authorised firm), 4 June 2020.
FCA: Clone firms and individuals (updated 14 May 2025).

Still to check The FCA page title says "EEA authorised firm" while its body says "FCA authorised firm"; the genuine firm's current permissions were not re-checked.