Now Reading: SmartTrader review Scam


SmartTrader review Scam

January 31, 20245 min read

Read our SmartTrader review to see if we recommend this broker for trading. Just to clear doubts, this is a review. How the project is searched:

  • SmartTrader review,
  • review,
  • Broker SmartTrader,
  • SmartTrader scam or legit,
  • SmartTrader chargeback.

Is SmartTrader Scam or Legit Broker?

In the world of investments and financial opportunities, it is crucial to be vigilant and carefully evaluate every project before making a decision. One project that has caught our attention and that we want to warn you about is the SmartTrader company (by SmartTrader reviews).

However, there are significant risks associated with fake brokers, and we want to warn you about the SmartTrader project, which has been identified as an unregulated and unscrupulous broker. It’s essential to be aware of the signs indicating a fake broker and to avoid collaborating with such entities to protect your financial interests.

About SmartTrader

SmartTrader review – What the company says about itself: SmartTrader’s in-app trading platform gives you the convenience, speed, and simplicity you need to trade like a pro. Trade from anywhere in the world, anytime you want, at lightning speeds with just a few taps of your finger.
SmartTrader allows you to connect from virtually all major MetaTrader4 (MT4) and MetaTrader5 (MT5) brokers, including IG,, AvaTrade, and FXCM. This gives you access to a wider range of trading opportunities, and the ability to choose brokers that offer the best features for your trading style. SmartTrader Widgets give you access to big news so you can find profit opportunities without ever leaving the charts.

While it may seem enticing at first glance, this project is, in fact, a classic example of a scam project, which has the potential to bring you more loss than gain.

SmartTrader review broker review stamp

SmartTrader signs of a Fake Broker:

According to the presented results of ex-traders of this project, SmartTrader review, which, by the way, are quite negative and unprofitable, the SmartTrader company does not withdraw money, which, in principle, was quite expected and logical, also based on the previously mentioned provisions.

  1. Lack of Regulation: One of the major signs of a fake broker is the absence of proper regulation by financial authorities. Legitimate brokers are subject to strict rules and standards imposed by regulatory organizations.
  2. Unrealistic Promises: Fake brokers like SmartTrader may make unrealistic promises of quick and substantial earnings to lure clients. These exaggerated promises should be treated with skepticism.
  3. Weak Contacts and Support: A fake broker may have poorly defined contact details and may avoid providing complete and transparent information about their services.
  4. Lack of Transparency: Transparency regarding fees, commissions, and the trading process is crucial. Fake brokers may hide this information or be evasive about it. (by SmartTrader reviews) disadvantages of collaborating with a Fake Broker:

Loss of Funds: Collaborating with a fake broker can expose you to the risk of losing significant investments, as they can manipulate trades to their advantage.

Theft of Personal Information: Fake brokers may request and use sensitive personal information for fraudulent purposes, such as identity theft.

Negative Experience: Collaborating with an unscrupulous broker can lead to a negative financial and emotional experience, with a loss of trust in the market and investments.

SmartTrader Conclusion

SmartTrader Review, Scam or Legit? In conclusion, avoid collaborating with the fake broker SmartTrader and any other broker exhibiting signs of lack of regulation and transparency. Protect your financial interests and always choose legitimate and regulated brokers to ensure a safe and trustworthy investment experience.

How to Protect Yourself:

  • Check Licensing and Regulation: Always verify if the broker is authorized and regulated by a trusted financial authority.
  • Research Carefully: Conduct thorough research and read independent reviews to assess the broker’s reputation.
  • Be Skeptical: Be skeptical of unrealistic promises of earnings, and avoid collaborating with brokers pressuring you to make large deposits.
  • Request Information: Request complete and transparent information about fees, commissions, and trading regulations.

The overall rating

Convenience of service 6
Withdrawal speed 2
Trading platform 3
License 1
Support work 5
The Summary

The overall trust rating for this broker is the average between the opinion of our independent expert and the ratings of users of this site.



  • Not found
  • Fake broker
  • Dangerous scammers
  • Fraud and money scam
  • Low project quality
  • Fake contact information

How do you vote?

0 People voted this article. 0 Upvotes - 0 Downvotes.

What do you think?

Show comments / Leave a comment


  • Greyson

    March 1, 2024 / at 3:44 am

    I tried to withdraw last month and never got the money back. This month i trying to login, they deleted withdrawal history. Stupid broker.

  • Ibrahim

    February 16, 2024 / at 3:34 am

    I deposited $1000. After depositing, I decided not to push through because I experience some suspicious movements in their trading platform. I am already a verified user and was able to withdraw before. Now I want to withdraw what I just deposited but they want me to sign a waiver that says I don’t have a claim in the future in all my deposits including the $1000. She said that I need to sign the form first before they will release my withdrawal but no withdrawable amount was mentioned. A trap.

Leave a reply