You can now trade spot indices with SMFX, allowing a trader to trade the current
value instead of the future value. This means you no longer need to worry about
contracts expiring and deciding whether to roll your position to the next
Investors generally trade indices to either speculate on a particular economy or
to protect against the shares in their portfolio losing their value. For
example, a trader thinking the UK stock market will rise would buy the FTSE 100
instead of buying all the underlying shares in the FTSE and vice versa should he
or she think the market would depreciate.
SMFX is a trading name of Scope Markets Ltd, a company registered in Belize with registration number 145,138. Scope Markets Ltd is authorized and regulated by the International Financial Services Commission (“IFSC”) of Belize under the license numbers IFSC/60/373/TS/20 and IFSC/60/373/BCA/20. The web site is www.smfx.com.
SM Capital Markets Ltd, a company registered in Cyprus with registered number: HE 346068. SM Capital Markets Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (“CYSEC”) under the licence number 339/17,with authorised domain names: www.smcapitalmarkets.com; www.sminvest.com/eu; www.smfx.com/eu; www.scopemarkets.eu and Cross Border Services to EU Member States.
Please note that forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors. Trading in financial instruments may result in losses as well as profits and your losses can be greater than your initial invested capital. Before undertaking any such transactions, you should ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure.
Jurisdictions and restrictions
SMFX does not offer its services to the residents of certain jurisdictions such as EU Member States, Iceland, Norway, Liechtenstein, Afghanistan, Democratic People's Republic of Korea, Ghana, Iran (Islamic Republic of), Iraq, Libya, Mongolia, Myanmar, Nicaragua, Panama, Somalia, Syrian Arab Republic, Uganda, United States of America, Yemen, Zimbabwe and Canada. Please check Restricted Countries.