Before you invest with any company out there, you need to have all the information. Who is the owner, where is the firm located, and how can you get your profits out?

All this and more will be answered in today’s detailed Smart Limited Group review. Let’s begin with an overview of legal facts.

Who Is Behind Smart Limited Group Broker?

As you will have a chance to see from its website, Smart Limited Group broker is quite mysterious. The company doesn’t mention any legal entities behind the scenes, except the Smart Limited Group itself. 

In addition, we found a company number 03683916, which resembles the number UK companies usually have. And, indeed, we found this number in the UK’s Companies House register. However, this firm was established in 1998 and is classified as “other business support service activities not elsewhere classified.” Furthermore, their name is not in the FCA register, as they do not provide trading services. 

Therefore, it remains unknown where Smart Limited Group operates from and who the actual owner is. All we can tell for sure is that the brand lacks regulatory approval for conducting broker business.

Smart Limited Group Warnings – Regulators Have Exposed the Scam

Once we searched for Smart Limited Group regulation, we found something else instead. The company earned its place in official databases as a known scammer.

In April of 2024, Spanish and Italian authorities marked the Smart Limited Group platform as fraudulent and warned investors to steer clear. These same warnings found their place on the websites of various other regulators across the EU, including Finnish FI, Estonian FI, Belgian FSMA, Slovenian A-TVP, Dutch AFM, and Bulgarian FSC. 

During the following month, the Russian Central Bank issued its own alert regarding the Smart Limited Group scam. Hence, we now have plenty of proof for our claims.

Who Are the Victims of Smart Limited Group Scam?

According to website analysis, this firm has been established in November 2023. Since then, they mainly target rich countries, such as:

• Spain, 
• Italy, 
• Czechia,
• Germany.

This explains the regulatory warnings we’ve mentioned earlier. If you find yourself a victim, don’t hesitate to share your story and help us raise awareness of online fraud.

Smart Limited Group Platform – Which Software Is On Offer?

If you’re wondering which software you will get once you create your Smart Limited Group login, we cannot tell you that. Namely, the website provides no information about this matter, and registration was not possible at the time of writing because of a “system error.”

However, based on our experience so far, we can assume you will be able to use a proprietary WebTrader that lacks all the advanced features. Typically, scam brokers don’t invest much in their trading platform, as they know they will vanish quickly.

Smart Limited Group Account Types – What’s My Choice?

If you’re wondering about Smart Limited Group accounts, here’s the choice:

• Trial – 250 EUR
• Classic – 1,000 EUR
• Gold – 2,500 EUR
• Platinum – 10,000 EUR
• VIP – 25,000 EUR
• Prestige – 100,000 EUR

As we can tell, all these accounts are quite pricey, with Smart Limited Group minimum deposit standing at 250 EUR. Each account brings promises of more tools, such as a financial calendar, personal trading strategy development, trading signals, and a staking portfolio.

However, since we already confirmed that this brokerage is unlicensed, their employees cannot provide any of these services legitimately. Or accurately, for that matter.

Smart Limited Group Demo Account

As you can already guess, there’s no Smart Limited Group demo account. This company simply doesn’t want you to learn all their flaws before you pay the money. Be smart, avoid it, and invest with another broker.

Smart Limited Group Trading Assets

Once you open the Smart Limited Group website, you can see that the firm advertises mainly crypto trading. The same stands for their FAQ section, which focuses on Bitcoin. However, deeper digging showed that they also promote other assets, such as:

• Forex – EUR/USD, GBP/AUD, NOK/SEK
• Commodities – gold, silver, corn
• Indices – DAX30, CAC40, FTSE100
• Shares – Amazon, Apple, Meta

However, we cannot confirm or deny this without platform access. Whatever the case, you can trade these same categories with regulated companies and avoid being scammed.

Smart Limited Group Deposit and Withdrawal

As you can see, the company is asking for a minimum deposit of 250 EUR for their Trial account. This is the same amount we’ve seen with numerous other fraudsters. It’s quite a lot of money to spend on an unregulated firm without a demo account. 

The accepted methods for funding your account are:

• Debit/credit card
• Bank transfer
• E-money

When it comes to Smart Limited Group withdrawal, we cannot say anything. The company has no legal documents detailing the process, and there’s nothing about processing time, fees, or methods. We are, however, sure that you will face numerous obstacles during payout, such as non-existent fees and taxes, verification problems, and many more. If that happens, we invite you to file a Smart Limited Group complaint immediately.

Key Issues With Smart Limited Group Broker

To summarize everything stated above, Smart Limited Group is an unregulated, fraudulent Forex and CFD trading provider. The firm has been blacklisted by numerous authorities around the globe for their scheme. 

If you’ve fallen victim to their pressure tactics and sales pitch, we invite you to share your story with us. Tell us what happened in the comments below, or let us know via live chat. We will book a free consultation with our chargeback specialist, who may assist you with fund recovery. It’s not all lost, so let’s start working before it’s too late.

FAQ