Our investigation into Smart Trade Group 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 Smart Trade Group?
On the surface, Smart Trade Group looks like an ordinary forex and crypto broker. Its public site is presented at https://smart-trade-group.com. But surface impressions are exactly what these operations rely on — the substance behind Smart Trade Group is where the problems begin.
Is Smart Trade Group regulated?
We could find no evidence that Smart Trade Group 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
- Account dashboards that show “gains” with no real market exposure
- Aggressive “account managers” coaching clients to deposit
- Opaque or anonymous corporate ownership
- No verifiable licence from a recognised financial regulator
- Offshore or shell-company registration used to avoid oversight
Our analysis
On 24 Feb 2022, the British Columbia Securities Commission (BCSC) issued a warning that Smart Trade Group is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/smart-trade-group
Can you recover money lost to Smart Trade Group?
If you have deposited with Smart Trade Group, 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 Smart Trade Group?
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.