FSM Smart Discussion
- Website: www.fsmsmart.com
- Founded: 2017
- Company: FSM Smart Ltd.
- Headquarters: Hertensteinstrasse 51 Lucerne, Luzern 6004, Switzerland
- Regulation: no
| International offices | – |
| Broker Type | Market maker • STP |
| Broker Status | Independent Broker |
| Accept U.S Clients |  |
| Live Chat |  |
| Phone | +41435084931 |
| [email protected] | |
| Website Languages | English, Spanish, Portuguese, Italian, Russian |
Account Information
| Free Demo Account | |
| Min. Deposit | $250 |
| ECN account | |
| Account Based Currencies | USD • EUR • GBP |
| Maximum Leverage | 400:1 |
| Minimal Order Volume | 0.01 |
| Segregated accounts | |
| Swap-free Accounts | |
| MAM/PAMM accounts | |
| Interest on margin | |
| Deposit/ Withdrawal Options | Bank Wire • Visa/ Mastercard • QIWI Wallet • Bitcoin |
Trading Terms
| Trading Platforms | |
| Precision pricing | 4 digits / 5 digits |
| Type of Spread | Fixed / Floating |
| Commission | no |
| Lowest spread on EURUSD | 1.5 |
| Scalping | |
| Hedging | |
| Expert Advisors | |
| Mobile Trading | |
| Web Trading | |
| Gold, Silver | Gold • Silver |
| Cryptocurrency Trading | |
| Other Trading Instruments | CFD Trading • Indices • Stocks • Equities • Commodities • Metals |
| Promotion | |
| Trading Contest | |
Zak West says
Considering that FSMSmart was new to the industry, I guess they did have a huge experience when it comes to their field. I always open an account to new brokerage firms and then rate them, which become my basis in considering to put bigger investments. I have been doing this for the last 3 years. I always start with the minimum and see how it goes with their company. I have been scammed by these stock fraud, scam trading sites, but not a problem for me, I’ve got money! $250 was nothing to me! Platform trading scams, currency trading scams / foreign exchange scams has been the talks on forums and we must be careful in selecting a brokerage firm that was suitable in our own needs and interest. After trading with FSMSmart for 4 months, I have decided to make a commentary comparing them with scam trading sites, currency trading scams / foreign exchange scams, scam broker, trading scam, and stock fraud.
1. FSMSmart is a trading scam, just kidding hahaha. No, but I assure you that THEY ARE NOT a scam broker, trading scam, stock fraud, scam trading sites, platform trading scams, currency trading scams / foreign currency scams / foreign exchange scams.
2. They got a lady broker. Seriously, this is a real deal! I know this is what you guys wish when you were starting LOL. She was good on the trades. She makes me money consistently 30% every month, then stop after reaching it, then continue again on the next month. Really love that strategy of having a target every month and not being too greedy that you lose money afterwards.
3. Their support was very attentive to my question and issues concerning some terms that I didn’t understand before like the verification of account. I asked them on why they need those documents only to find out that all brokerage firms requires such like ID’s, Proof of Billing for the residency, and the details of the card or the bank account to which they will send the money after making a withdrawal. Well, they’re the first brokerage firm that was able to explain to me those things, thanks to their support.
4. They will ask you to increase your balance through funding your account. This was the one of the most talk issues on review websites. They said that this was a way of building my account to be able to trade with more expensive instruments and that a small balance would be risky. This was my case when I traded with another brokerage firm with Appple stocks. This was my shortest lived trade of 7 seconds. Yes, you heard it right. This has been the problem with me and my broker before due to my personal experience, but after a while i decided to give it a try since i can see that my broker was really making money for me and that there had been no problem whenever i make withdrawals
5. The goal of trading is not to make big profit. The goal is to consistently make small profit to build your balance and soon earn bigger profit.
Josh says
I contracted in this October with FSM smart after I received a call from them. Until this week my deposit seemed to be fine growing larger but following the natural gas’s plunge this Monday my balance went down minus. The broker hardly allowed me to withdraw my money promising that she would help once we could make some other profits, I have only once made successfully a withdrawal. I have been oversea and needed some money so I sent requests for withdrawals many times, but they were somehow denied. The broker was injured and hospitalized this week as she told me and unable to do trades with me this week. Apart from that they could not reach my number ever since I came to South East Asia after we did trades in New Zealand. We still keep in touch on Skype but I have no idea how long the recovery plan the broker suggested will take. I thought of consulting with some experts about my case but an online website said my case would take a few months to start the consultation. It was just frustrating to make the withdrawal and to make the time to consult with the broker’s call or Skype stressed me out. Until last week on the trading app it seemed fine with my money, I barely had no doubt, but now I do regret how careless my decision was. Over 1000 USD just became no use and do not even know if my money will be back or not.
Paolo Hansen says
Does anyone here ask for your broker’s consent when you’re making withdrawal? I’m just new to trading so I guess it’s better to ask so I can have an idea. I open and account with FSMSmart, maybe there are some people here who’s also working with them?
John Tremblay says
My Account Manager from FSM Smart told me that she will give me a bonus of an amount equivalent my balance. As I check my balance, nothing has changed. What can I do to insist my broker to talk to my Account Manager and give me my bonus?
FSMSmart Representative says
Good Day John. If you are a client of FSMSmart, please provide your MT4 Account Number on this thread. You might be checking on the wrong place and just need some technical assistance. We will be assigning someone who will assist you once we confirm your account.
BenjaAddams says
FSM Smart has been part of my family. 3months ago, I received a call from one of their representatives. His name was Baron. He guides me on making the right decisions and choices when it comes to my financial health. Unlike most of the scam trading sites, stock fraud, trading scams, scam broker, broker fraud, foreign exchange scams and currency trading scams forex brokers that I first came to know, FSM Smart was focused on building the value of their customers. One of the scam trading sites where I first joined with, they pressure me on putting an amount which was impossible for me to put on my account and threatening me that if I didn’t do anything, my whole account will be whipped out and I will be left with no money. I was depressed during that time. These trading scams, scam broker, scam trading sites, foreign exchange scams had ruined my life. All I want was financial security. My family was poor, but I didn’t complain a single thing about it. Instead, I work hard to achieve financial independence. I know that my effort wasn’t enough if I wished to retire comfortably and so I sought people who help me grow my money. I was wrong, I put most of my savings with these trading scams, scam broker, scam trading sites, foreign exchange scams and I thought it was the end. Luckily I have a friend who was working with FSM Smart and she referred me to this company. To my surprise, they didn’t mention any amount, but make a plan when I said I can only put $10,000. All their plan was laid out in front of me from the spreads to the dates that I can withdraw some profits, to the percentage they’re expected to make out of my capital. I remember one time when I ask if I could withdraw more that what we have agreed upon because my son is sick and we needed more money, he easily said yes, adjusted the plan he laid out for me, and assist me in making a withdrawal. I can say that their service was way better than the banks with how they deal with their customers. We agree a consistent investment of $5000 on my account every month, but I was putting more than that. I know that I already found the one for me. Gone are the days when I search for scam trading sites, stock fraud, trading scams, scam broker, broker fraud, foreign exchange scams and currency trading scams, because I was too afraid of losing my hard earned money again. I’m talking with my broker everyday to make sure that everything will go according to our plans. Investing and Trading should never be stressful and depressing if you find the broker whom you shared the same vision and goals that you have for your future.