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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Not independently verified
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
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SMH Markets

Broker

About the company

Legal company nameBelirtilmemiş
Year founded—
Headquarters / registered countryNot stated
Websitesmh-markets.com
Last checked08.10.2026

SMH Markets is a forex and CFD platform that operated under the domain smh-markets.com; the domain was registered on 25 November 2025 and has been suspended (clientHold), the site cannot be reached as of 8 October 2026, and this information is based on archived copies of the site from 2026. The site said SMH Markets is a trading name of SMH Capital Advisors LLC and SMH Finance LLP, was founded in 1997 and is authorised "by relevant financial authorities", but named no regulator and gave no licence number; it listed an address in Sheffield, United Kingdom. The pages listed Standard (250 USD, 1:200), Pro (2,500 USD, 1:500) and VIP (10,000 USD, 1:500) accounts and the MT4, MT5, cTrader, WebTrader and SMH Edge platforms. This information is the company's own statement. On 17 June 2026 the Central Bank of Ireland listed smh-markets.com as an unauthorised firm (clone) that copied the details of an authorised firm to appear legitimate, and stated that there is no connection between the legitimate firm and this entity.

Account Details

ACCOUNT TYPESStandard · Pro · VIP
MIN. DEPOSIT250 USD
PLATFORMSMT4 · MT5 · cTrader · WebTrader · SMH Edge
PRODUCTSForex · Index, commodity, share and cryptocurrency CFDs
LEVERAGEUp to 1:500

Licences and regulation

User complaints

User reports found online are classified by topic. The charts show how reports are distributed.

Period reviewed: February 2026 – October 2026

  • Withdrawal / payment: 14
  • Account / trading conditions: 1
  • Other: 1

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on SMH Markets's Trustpilot page (8) and Şikayetvar (8) records as of 8 October 2026; one person's reviews count once, and records about other firms and promotional reviews are left out. Across the complaints, allegations that extra payments described as package upgrades, costs, fees or tax were demanded before withdrawals and that accounts were frozen after withdrawal requests stand out.

Sources and verification history

Official company sourcessmh-markets.com — archived homepage and application file (accounts, about, legal information; 2026, web.archive.org); domain suspended
Regulator recordsNo licence record found in the readable official registers (the site names no regulator and gives no number) · Central Bank of Ireland — SMH Markets (Clone), unauthorised firm warning, 17.06.2026 (centralbank.ie)
Company registerCompany registry details could not be verified; SMH Capital Advisors LLC, named on the site, was not found at Companies House
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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