SMIFS Limited
Primary
IN
U66220WB1993PLC060987
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1 entity
unverified
Broker profile
SM
SMIFS Review: Is It Legit and Regulated?
SMIFS Limited
IN
Since 1993
FindMyFX score
high risk5.1/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-01
Contact & regulation
- Official website
- smifs.com
- Address
- 4 Lee Road, Vaibhav, 5th Floor, Kolkata 700020, West Bengal, India
- Contact
- [email protected]
- Primary license
- SEBI · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is SMIFS legit and regulated?
FindMyFX has license records for SMIFS, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
SMIFS Limited is an Indian securities intermediary offering exchange-traded currency derivatives alongside equities and commodities.
Professional broker overview
FindMyFX editorial summary
SMIFS Limited publishes SEBI stock-broker registration INZ000220635. Its official product page offers exchange-listed currency futures and options, but no universal leverage ratio, minimum deposit or typical forex spread was found.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The reviewed currency products are exchange-traded, not confirmed OTC spot forex.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Not verified
- Support hours
- Grievance support Monday-Saturday 09:00-18:00
Support languages: English
Documented advantages
- The official site publishes legal, registration, office and support details.
Documented limitations
- A universal leverage ratio, minimum deposit and typical major-pair spread were not published on the reviewed pages.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Markets and instruments
Commodity derivatives
unverified
Equities
unverified
Exchange-traded currency futures
unverified
Exchange-traded currency options
unverified
Research sources
Licenses and regulators
SEBI
INZ000220635
Last verified: Not shown
Type: Stock broker registration
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Score components
Regulation and licenses
7.5/10 · 35%Official licence or membership evidence found.
Security and track record
2.5/10 · 20%Full enforcement history was not reviewed.
Trading conditions
5.0/10 · 15%Some official conditions remain incomplete.
Company transparency
7.5/10 · 10%Official identity details were found.
Service quality
5.0/10 · 10%Service outcomes were not independently verified.
Verified user reviews
0.0/10 · 10%No verified review dataset was found.
Profile update history
Broker profile was published.
2026-08-01
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.