Abshire Smith

Abshire Smith presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of Abshire Smith uncovered.

Who is Abshire Smith?

On the surface, Abshire Smith looks like an ordinary forex and crypto broker. Its public site is presented at https://www.abshire-smith.com/. But surface impressions are exactly what these operations rely on — the substance behind Abshire Smith is where the problems begin.

Is Abshire Smith regulated?

We could find no evidence that Abshire Smith holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• Offshore or shell-company registration used to avoid oversight
• Opaque or anonymous corporate ownership
• Unrealistic profit claims and pressure to deposit more
• Account dashboards that show “gains” with no real market exposure
• No verifiable licence from a recognised financial regulator

Our analysis

Abshire Smith claims to be operated by Abshire-Smith-Global Ltd, allegedly with the FRN 590890 issued by the Financial Conduct Authority (FCA). However, our verification with the FCA indicates that the company, as well as this website, is no longer authorized by the FCA. This means Abshire Smith is not regulated.

Can you recover money lost to Abshire Smith?

If you have deposited with Abshire Smith, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.