Our investigation into AutoSmart Trades found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is AutoSmart Trades?
On the surface, AutoSmart Trades looks like an ordinary forex and crypto broker. Its public site is presented at https://autosmarttrades.net/. But surface impressions are exactly what these operations rely on — the substance behind AutoSmart Trades is where the problems begin.
Is AutoSmart Trades regulated?
We could find no evidence that AutoSmart Trades 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
- Aggressive “account managers” coaching clients to deposit
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- No credible physical address or verifiable corporate record
- Unrealistic profit claims and pressure to deposit more
- Opaque or anonymous corporate ownership
Our analysis
On 2 Apr 2024, the British Columbia Securities Commission (BCSC) issued a warning that AutoSmart Trades was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/autosmart-trades
Can you recover money lost to AutoSmart Trades?
If you have deposited with AutoSmart Trades, 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.
Were you scammed by AutoSmart Trades?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.