Smartnet Trade (smartnet-trade.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 7 Merchant Street, Victoria 3008, Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: smartnet-trade.com.
Do not be fooled by the professional-looking website. Behind the scenes, Smartnet Trade (smartnet-trade.com) is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Stable platform|Copy trading available|Multi-device support|Fast execution
Cons: Limited demo account features|Charting tools need more indicators
I am in a dispute with Smartnet Trade (smartnet-trade.com) 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: Economic calendar|No hidden fees|Multi-device support
Cons: Charting tools need more indicators
I had high hopes for Smartnet Trade (smartnet-trade.com) while looking for alternatives to my previous provider, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Multiple order types|Regular platform improvements|Fast execution
Cons: Email notifications too frequent|Onboarding videos are outdated