The Official Website Of Smart Trade Cannot Be Accessed Normally At The Moment. It Seems That The Company Has Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-14 We Have Confirmed After Review That Smart Trade Is An Unregulated Forex Broker
Smart Trade Is A Complete Fake Trader For Two Main Reasons. First, Smart Trade Has Neither Provided Details Of Its Regulation Nor The Necessary Legal Documents (terms And Conditions, Risk Disclosure And Privacy Policy, Etc.). Lack Of The Above Information May Be Characteristic Of An Unlicensed Trader, As Compliance Traders Always Display Their Certifications And Operating Licenses In A Conspicuous Position. This Is A Red Flag.
In Addition, Smart Trade Shows In Its Website Two Office Addresses Located In Buenos Aires, Argentina And Santiago, Chile, Respectively. According To The Information We Have, None Of The Above Countries Or Regions Have Regulators That Issue Operating Licenses For Forex Traders Or Regulate Entities That Provide Forex Services. This Means That Smart Trade Is Not Regulated By Any Regulatory Authority. Investors' Funds Invested In This Trader Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since There Is No Access To This Broker's Website At This Time, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That Smart Trade Does Not Currently Have Any Valid Licenses.
But Most Brokers That Are Not Compliant Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Smart Trade As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
