Smarter Habitat GmbH & Co. KG has been flagged by Bundesanstalt für Finanzdienstleistungsaufsicht for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Smarter Habitat GmbH & Co. KG is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I was about to invest with Smarter Habitat GmbH & Co. KG but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Bundesanstalt für Finanzdienstleistungsaufsicht has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database
I looked into Smarter Habitat GmbH & Co. KG and found they appear in the regulatory warnings database. Bundesanstalt für Finanzdienstleistungsaufsicht has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required