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Smart 4EX Review: Smart4ex.com Forex Scam Exposed

Smart 4EX Review: Smart4ex.com Forex Scam Exposed

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Smart 4EX (Smart4ex.com) is another CFDs, Cryptocurrency, and Forex scam to hit the lucrative trading world. Smart4EX is claiming to offer a smart way of trading thanks to their intuitive platform. With such claims, unsuspecting investors signed up having not conducted a safe research. And the consequences are obvious with a majority of members failing to withdraw their funds. Read this genuine and honest SMART 4EX Review for more details.

Smart 4EX Review

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Smart 4EX Review

Complaints have been received from all corners of the world with members aggrieved with this platform. Smart 4EX is openly refusing to grant members withdrawal which is a sign of trouble. With online scams targeting unsuspecting investors, it turns out Smart4EX is one of them. Make sure to stay away from this platform as it is openly stealing from anyone who signs up. With this platform, no member has come out with evidence of ever withdrawing funds with them. And this is what makes us want to expose the platform.

Scam artists will create a cloned website and entice users to sign up. After signing up, that’s when users realize the platform is nothing but a sham. Cloning a real website and using their information is what scam artists do. Adding over the moon claims and promises guarantees investors get hooked. The thought of making extra cash is what scam artists take advantage of. They claim to offer a solution and will help anyone who is interested to make loads of profit.

About Smart 4EX

Smart Currency Exchange Limited is the company listed as the owners of this website. These scam artists are using a registered company name as part of their authenticity claims. When they use a company name which is already registered, it makes investors trust them. And this is why investors should be careful with online platforms. By using cloned details, anyone will believe this is a genuine platform.

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The problem with Smart 4EX is anonymity as no one lays claim to this website. No broker has come out and claimed to be associated with this platform. The entire website does not have any names listed as owners of this platform. We don’t know who the actual owners of this platform really are which makes it anonymous. If the platform was as real as they come, owners would have wanted recognition.

Is Smart 4EX licensed or registered?

Smart 4EX License and Registration Status

With the platform claiming to be located in London, we checked with official regulatory bodies. The Financial Conduct Authority does not have any information regarding Smart 4EX. What the FCA has done is issue a warning to investors not to associate with this platform. No one is able to recover fund from an anonymous and unlicensed online entity. Make sure to stay away from the platform as it is clearly a sham blacklisted by the FCA.

Why have they failed to post any license and registration details for all to see? A true platform would have posted copies of their license and registration details for all to see. Without valid credentials, users should avoid such platforms. Make sure to stay away from the platform as it is clearly out to cause some major havoc. Registration number posted at the bottom of their homepage is a cloned number from a real trading platform. The number is just to throw off unsuspecting investors.

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Advantages of Smart 4EX

We could not come up with any trading advantage of a platform which is blacklisted by the FCA. Once a regulatory body blacklists a platform, it clear a breach of compliance has been broken. With the platform using fake registry details, this is another platform stealing from investors. To add salt to injury, the platform continues to be online. We hope authorities will take action and shut down the entire website. Such platforms are tarnishing the good Crypto currency trading name.

Disadvantages of Smart 4EX

Account types

Smart 4EX Account Types

Smart 4EX is furnishing users with four account types to choose from. Accounts listed include Micro, Standard, Premium, and VIP. What looks like a real trading platform is nothing but a well-created plan to steal from investors. The Micro account is the basic account and users must deposit $500 to start trading. Investors should know the industry has set $250 as the acceptable minimum trading deposit. And this is why users must be careful with accounts listed by Smart 4EX.

Customer Support

Another disturbing feature we noticed with this platform is lack of a working live chat support team. You would expect the platform to have proper communication channels for members to use. With the platform being operated by scam artists, communication must be at a minimum. No con artist will want to be contacted by authorities or victims. Phone number listed is a virtual phone number which never goes through. Once you sign up with the platform, expect nothing but problems.

Demo Account

With no demo account, users are signing up blindly. Smart investors make sure they sign up with a demo account before committing to a real account. A demo account will ensure you get to know how well a platform works. Is the platform placing trades at a reasonable speed? These are some of the important details a demo account answers. Make sure you test how a platform works with a demo account.

Funding methods

Account funding methods listed include Bank Transfer, Bitcoin, MasterCard, and Visa. The scam artists ensure users have available channels and never give a reason not to deposit funds. Problem with Smart 4EX still remains not allowing members to withdraw funds. Without withdrawing funds, this changes from a trading account to a deposit only platform. And this is what scam artists want the most, investors to keep on depositing funds. Stay away less you become another victim.

Safety of funds with Smart 4EX

Smart 4EX Features

Another issue we found out is in regards to safety of funds which is not addresses by the platform. Without proper security features, Smart 4EX is going to expose investors to hackers. Hackers will easily take over the platform as it fails to put proper security measures. Lack of DDoS and SSL encryption is proof we are dealing with a scam.

Scam or legit

Evidence is clear; we are dealing with a scam. Smart 4EX is a scam which will steal from anyone who deposits funds. Mark all their emails as spam and never click on any link sent by their email marketing team.

Verdict

We will be adding this platform to our scam blacklist and ensure no one falls for this trap.

Make sure to sign up with authentic and credible brokers for a memorable trading experience Sign up with top rated brokers today.

Wishing you all the best in your Forex trading experience.

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