Scam WatchNigeriaRead 2026-09-29
Record · SW-statok-ltd-ex-smsg-limited
You looked up statok.globalSeen from Nigeria

STATOK LTD (ex SMSG LIMITED)

SMSG LIMITED


Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Last read2026-09-29

No local licensing here

Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Tier
Regulator · held by
Licence
Supervision
Compensation
1 comparable supervision
Cyprus Securities and Exchange CommissionSTATOK LTD (ex SMSG LIMITED)domain you looked up · 2026-09-29
403/21
Full: capital requirements, client-money segregation, regular reporting.
A scheme exists, but it usually does not cover clients resident abroad.
Same brand, other companies

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Check it yourself

SMSG LIMITED

Which company you actually sign with in Nigeria, and whose licence that is.

A
STATOK LTD (ex SMSG LIMITED)the company you looked up
Cyprus Securities and Exchange Commission · 403/21
Source
Rows
Last good read
Last attempt
Result
CY-CYSECCyprus Securities and Exchange Commission
248
2026-09-29
2026-09-29
read
CY-ESMACyprus Securities and Exchange Commission (via ESMA register)
327
2026-09-29
2026-09-29
read