Brokers  /  FSM

FSM

Moderate risk
🇨🇭 Switzerland · 5-10 years · since 2018-11-07 · FSM Smart LIMITED
Unregulated
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43
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)4710%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFSM Smart LIMITED
Headquarters🇨🇭 Switzerland
Founded2018-11-07
Years operating5-10 years
Employees0
Official websitefsmsmarts.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
PLATINUM--100,000 USD----
GOLD+--50,000 USD----
GOLD--20,000 USD----
SILVER--5,000 USD----
BEGINNER--250 USD----

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.8)

Across 2 recent Trustpilot reviews, 100% are 1–2 star.

0
Period:
What users complain about
Where reviewers are from
🇬🇧 GB1
🇦🇺 AU1

Real user reviews

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About FSM

FSM is a forex and CFD broker based in Switzerland, with records dating to 2018-11-07. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

On Trustpilot, FSM holds a real-user score of 2.6/5 across 5 reviews.

Overview compiled by FXCanary from regulatory records and public data. full FSM review