SMI Trade Review
Table Of Contents
| 🌐 Website | smitrade.com smitrade.eu |
| 🏠 Company | SMI Trade |
| 📌 Address | 203-207 Oxford St, London W1D 2LE, United Kingdom |
| ☎️ Phone | +442086384777 |
| support@smitrade.com | |
| ⚖️ Regulation | Unregulated, Blacklisted |
SMI Trade Details
SMI Trade is an online trading broker owned by SMI Trade. The company is located at 203-207 Oxford St, London W1D 2LE, United Kingdom.
To contact SMI Trade, their support team can be reached via phone at +442086384777 or by email at support@smitrade.com.
Their website can be found at : smitrade.com smitrade.eu
It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including SMI Trade.
To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: ExchangeSolutionsLtd and GenetiCrypto.
Is SMI Trade Legit or a Scam?
When researching an online broker, the first and most important step should always be to find out if they have a regulatory license from a financial institution. This will tell you whether they are regulated by a central authority or if you are dealing with an offshore and/or unregulated investment company.
Unfortunately, SMI Trade is not regulated or authorized to operate by any major regulatory authority, which means it will be a difficult process to withdraw from this company if they decide to ignore your request or suspend your account for trivial reasons.
If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.
Read more about this topic in our dedicated article: Financial Regulation Authorities.
Got Scammed by SMI Trade?
If you have lost money with SMI Trade, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.
Chargeback Is Your Solution!
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – can help you for your chargeback process:
- 24/7 availability: Get help whenever you need it.
- Free consultation: Evaluate your case without any upfront costs.
- Quick processing: Expedite the recovery of your funds from SMI Trade.
- High success rate: Boost your chances of successful fund recovery.
Relying on a reputable service like MyChargeBack is crucial when dealing with online scams, as the typical chargeback process can often be complicated and time-consuming without the proper guidance.
Carol Nguyen says:
On Thursday October 27th, I got a call from an individual claimed himself to be Roger Brown calling me from London and asking me how would I like to find my account for the investment that I requested. I recalled one advertisement that I requested on YouTube ad that you only need to invest $250 you will likely make $2000-2500 a month, to me this does not sound too good to be true and I just think that $250 is not much comparing to the profit that I would get. So I agree to fund my money through their app call paypound, after that they walk me through to register and sign in SMItrade website and I would be able to see my fund and $100 bonus in there. He then transferred my file to a lady called Victoria Papas and she will walk me through how to trade. It was looking good for the first few days. I could see gain of $36 then $75 then $173 the 3rd day. I never heard anything from her the 4th day and I loggged in by my self to see the trade. I never touch anything because I am still not familiar with how the system work. The 5th day which is today. I tried to log in but the website was down. It looks like it is still operating but the log in botton was down. I then tried to contact Victoria and Roger but it said that the email domain don’t exist. I usually very careful with investing and buying things. This is my 1st time that got scam like this without any doubt until it actually happened. So people, please be careful with SIM trade. Don’t fall for them. I am not easy to trust any ad online line. This is my 1sy time to give a try and I got scam.