Smartgleamtrade Trading Services Ltd. has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Smartgleamtrade Trading Services Ltd. This company is a suspected boiler room, a form of online investment fraud. Smartgleamtrade Trading Services Ltd. has approached persons without being aske... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://www.smartgleamtrade.com.
Tried to withdraw my funds from Smartgleamtrade Trading Services Ltd. and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
I am in a dispute with Smartgleamtrade Trading Services Ltd. over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Multi-currency support|Good analytical tools
Cons: Alert system is basic
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Smartgleamtrade Trading Services Ltd. said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Fast execution|Smooth onboarding|Fast deposits
Cons: Some tools only available on higher tiers|Withdrawal takes 1-2 business days
After spending for a couple of months now trying to make Smartgleamtrade Trading Services Ltd. work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Smooth onboarding|Two-factor authentication
Cons: No crypto staking|Wait times can be long during peak hours
Opened my account with Smartgleamtrade Trading Services Ltd. through a financial advisor and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Helpful community forum|Competitive fees|Good analytical tools
Cons: Some tools only available on higher tiers
I trusted Smartgleamtrade Trading Services Ltd. with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Automated trading options|Good mobile app|Customizable dashboard
Cons: Wish they had more educational resources
For anyone considering Smartgleamtrade Trading Services Ltd., please be aware that this company has been flagged by The Dutch Authority for the Financial Markets. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
The only good thing about Smartgleamtrade Trading Services Ltd. is that they remind you why regulation matters. I found them through a financial advisor. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Two-factor authentication|Multi-device support|Social trading features
Cons: No integrated tax optimization
I referred a friend to Smartgleamtrade Trading Services Ltd. after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Professional team|Good mobile app
Cons: Could offer more webinars
The so-called education at Smartgleamtrade Trading Services Ltd. is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: Excellent charting|Two-factor authentication
Cons: Minimum deposit could be lower