Review summary
BQSMART is a brokerage entity registered in New Zealand with an operational history of 5-10 years. According to WikiFX data, it operates with a low overall score of 1.57. The broker's regulatory profile is marked as a clone firm, which represents a highly suspicious entity that lacks credible financial oversight. This includes a specific reference to an authorization from the Cyprus Securities and Exchange Commission (CYSEC) that raises significant questions about its legitimacy. The broker offers trading accounts with high minimum deposits ranging from $15,000 to $100,000 and leverage up to 1:500. Based on these factors, investors should approach this firm with extreme caution. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-10)
