Warning: Is AutoSmartTrades a Scam?

Is AutoSmartTrades (autosmarttrades.net) a Scam?

We analyzed AutoSmartTrades (autosmarttrades.net) and found concerning details.

We found that the company name is Auto Smart Trades, it is located at 5th Floor, 167-169 Great Portland St, London W1W 5PF, United Kingdom, the phone number is '+447375287785, and the support email is support@autosmarttrades.net.

AutoSmartTrades appears to be a financial provider, but it appears currently illegal by any top-tier financial regulator.

Scammed by AutoSmartTrades?

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Safety Analysis: AutoSmartTrades

Our check shows that AutoSmartTrades does not hold a valid license.

Investing with unregulated entities is extremely unsafe. Real firms are always registered with bodies like the SEC, ASIC, or FCA to protect investors.

AutoSmartTrades lacks this protection. As a result, there is no legal recourse if they steal your money. Many online scams use unregulated entities, and recovering funds from them is challenging without expert assistance.

For example, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of SIPC, meaning your capital is completely exposed.

Common Scam Tactics

Investment fraud is getting smarter. Criminals use manipulation to take your savings. Below are common methods used by sites similar to AutoSmartTrades (autosmarttrades.net).

Dating App Scams

"Pig Butchering" is a brutal tactic where scammers build trust over weeks. They build a romance online. Once trust is built, they mention a special investment. It's a trap to get you onto a fake platform like AutoSmartTrades.

Fake Trading Dashboards

Fraudsters build websites that mimic legit trading apps. They have charts and profits that go up. But it is a simulation. The scammer manipulates the numbers to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.

Red Flags

• Unsolicited Contact: You get calls from "brokers" you don't know.
• Unregulated: The firm has no legal registration.
• High Returns: They guarantee 1% daily returns or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" first.
• Pressure Tactics: Agents pressure you to invest bigger amounts.

Ignore fake reviews. Scammers often write their own positive comments to appear real.

Verdict

We do not recommend AutoSmartTrades. It appears to be a scam. Save your funds and find a regulated broker. Avoid autosmarttrades.net at all costs.