Is Smart Trades FX Legit?

Hi there,

I’m very new in this industry and I happen to come across your review and latest discussion about Smart trades fx. I actually have an account with them but they want me to pay more than what I invested in order to withdraw my money.

I need your expertise on how I can withdraw or transfer my money to other broker.

Please help!

Hi there,

thank you for your email. Unfortunately, it sounds like a scam platform. It’s a common practice that they ask you to pay a tax/other payments in order to withdraw. First of all, please don’t send any more money to them.

Can you please send the link to its website? I’d take a look at this to confirm if it’s really a scam ore not. I couldn’t find it in Google.

Best,
Adam

Hi Adam,

Thanks for responding to my query.

You’re right, I didn’t give them any more money so they’re holding my profit for a ransom. The last time I checked, I still have access to my account which is a good thing. However, I couldn’t do anything nor take out my money.

Is there a chance that I can transfer it to another legit broker, instead?

Anyway, here’s the site: https://smarttradesfx.com

Yours sincerely

Thank you for your reply. First of all, you need to get out your assets/money from the broker. Unfortunately, it’s a scam broker and they will block withdrawals. We collected a few things here you can try to get your money back: https://brokerchooser.com/forex/regulation/scams#how-to-recover-your-funds-when-scammed

If it’s done, then you can deposit that money to legit broker.