Company Information

Get to know Fairmont Royal Group of Companies (SMC-PVT) Ltd

Fairmont Royal Group of Companies (SMC-PVT) Ltd positions itself as a leading financial services provider aiming to revolutionize online trading for its clients. The company is registered with the Securities and Exchange Commission of Pakistan (SECP) as a Single Member Company. It provides a trading platform for clients to access global markets, including Forex, commodities, indices, and stocks via Contracts for Difference (CFDs). However, it is crucial to note that the SECP has issued a public warning stating the company is not licensed to offer these investment and trading services.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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Fairmont Royal Group of Companies (SMC-PVT) Ltd

Nigeria

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.