SmartInvestEU Review: A Reputable Investment Platform or SCAM?

SmartInvestEU - logo

SmartInvestEU claims to be not a scam, but a reputable investment platform. However, our review aims to shed light on some concerning aspects that potential investors should be aware of. While they boast about their extensive range of investment options and advanced trading tools, our investigation reveals certain red flags that raise doubts about the credibility and transparency of this broker.

SmartInvestEU General Information

Phone Number
Address Suite 305, Griffith Corporate Center, Kingstown, Saint Vincent and the Grenadines
Minimum Deposit €200
Assets CFDs
Trading Platform WebTrader

Registration and Client Portal Review

SmartInvestEU’s official website disappoints with its lackluster and generic design, failing to make a lasting impression on visitors. The interface may support Russian and English languages, which is rather strange.

The website leaves much to be desired in terms of crucial information about the company’s background. While they claim to have a long-standing presence in the market, the exact age of the company remains elusive. Furthermore, SmartInvestEU deliberately hides the identities of its owners, adding to the overall suspicion surrounding their legitimacy.

SmartInvestEU - website

The standard registration process at the broker appears to be a double-edged sword. On the one hand, it offers simplicity and speed, allowing users to sign up swiftly without email or phone verification. While this might seem convenient to some, it raises serious concerns about the broker’s commitment to security and regulatory compliance.

By omitting email and phone verification, SmartInvestEU fails to implement essential security measures that are standard in the industry.


The Client Portal provided by the broker can be described as rather basic, offering a minimal set of essential functions. While it allows users to access their accounts and perform standard trading activities, it lacks the sophistication and advanced features commonly found in modern and comprehensive client portals.

SmartInvestEU - Client Portal

Traders can view their account balances, transaction history, and open positions through the portal. Basic fund deposit and withdrawal options are also available.

SmartInvestEU Trading Conditions

The broker offers very intriguing conditions. Let’s take a closer look.

Account Types Review

On the platform, there are three types of accounts: Start, Smart, and Smart Invest. The minimum deposits for each of them are 200 euros, 2,500 euros, and 5,000 euros, respectively. One interesting feature SmartInvestEU mentions is‌ ‌autopilot. However, there is little information provided about what it is and how it works. Depending on account status, the autopilot can be Alpha, Pro, or Smart. Surprisingly, there are no autopilot functions available in the client portal.

Furthermore, depending on the account type, clients are provided with sessions with an analyst, three, ten, or an unlimited number in the third account. One crucial point that caught our attention was the capital insurance feature. It is not available for the Start account, but for the Smart account, it amounts to 20%, while for the third account, it is a whopping 100%.

Based on this information, we can conclude that SmartInvestEU does not execute trades on the interbank market and operates using a Dealing Desk model. This assumption arises because there are no capital insurances offered on real markets. So, a potential conflict of interest between the broker and its clients is inevitable.

Trading Platform

Navigating through the SmartInvestEU platform is a cumbersome task, and executing trades can be frustrating due to slow order processing times and frequent glitches. The lack of customization options further hinders traders from tailoring the platform to their specific needs.

Moreover, the charting tools and technical indicators available on the trading terminal are subpar compared to industry standards. Traders relying on in-depth technical analysis may find the platform inadequate for their trading strategies.

SmartInvestEU — Deposit and Withdrawal of Funds

SmartInvestEU offers a variety of deposit methods, providing convenience and flexibility for its clients. Traders can choose from options like credit cards, bank transfers, electronic payment systems, and even cryptocurrencies to fund their accounts. However, the broker fails to disclose any information regarding deposit commissions or withdrawal processing times.


SmartInvestEU requires its clients to undergo a verification process to ensure the security and compliance of their accounts. The verification process is a standard procedure that requires traders to submit certain documents and information to confirm their identity and address.

To complete the verification process, traders need to provide the following documents:

  1. Proof of identity. This can be a valid government-issued ID, such as a passport, driver’s license, or national ID card. It must include the trader’s full name, date of birth, and a clear photograph.
  2. Proof of address. Traders can submit utility bills, bank statements, or any official documents that display their full name and current address. The document should be recent and not older than three months.

Additional Options

SmartInvestEU offers additional services to its clients, including access to analysts and various analytical tools. However, it is essential to note that all these analysts are anonymous, and the quality and reliability of their analysis may be questionable.

Traders are provided with the opportunity to consult with these anonymous analysts for market insights, trading strategies, and other relevant information. While the availability of such services may initially seem beneficial, the lack of transparency regarding the analysts’ identities raises concerns about the credibility and accuracy of their advice.

Is SmartInvestEU a Scam?

As of now, SmartInvestEU does not inspire significant confidence in us. To determine whether it is worth engaging with them, we will explore a couple more aspects.

The first thing we definitely pay attention to is the legality of the broker’s operations. In the website’s footer, the legal address mentioned is in St. Vincent and the Grenadines. However, as expected, these are merely fake details. There is no record of SmartInvestEU in the registry of this offshore jurisdiction. Consequently, our review subject operates without a valid license.

Legal data check

This raises serious concerns about the broker’s credibility and raises red flags about their legitimacy. Traders should be cautious when dealing with an unlicensed broker, as it poses significant risks to their funds. Domain Info

SmartInvestEU has a relatively short history in the industry. Upon investigation, we discovered that its domain was registered on February 1st. This short existence is a cause for concern as it indicates a lack of established track record and experience in the financial markets.

Domain check

Working with a newly established broker poses certain risks, such as potential operational and financial instability.

Contacts Review

SmartInvestEU offers email support as a means of communication, but notably, there is no provision for phone numbers. This lack of a direct phone line raises concerns about the broker’s accessibility and responsiveness to urgent inquiries or issues that may require immediate attention.

Furthermore, the suspicious nature of the broker’s operations is further highlighted by the fake address provided.

Pros and Cons

  • None.
  • Lack of legal information.
  • No licenses.
  • Limited customer support.
  • Questionable trading conditions.
  • Short operational history.


Frequently Asked Questions (FAQ)

What Does SmartInvestEU Offer?

SmartInvestEU offers a range of trading services, including access to various account types tailored to different traders’ needs.

How Much Money Should I Invest With SmartInvestEU?

According to the trading conditions, the minimum deposit for each account is €200, €2,500, and €5,000 for the Start, Smart, and Smart Invest accounts, respectively.

Is SmartInvestEU Safe?

No, the lack of clear regulatory information and the use of likely fake address data cast doubt on the broker’s legitimacy. Traders should exercise caution and consider alternative options with established and regulated brokers to ensure the security of their investments.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Amanda

    It is a complete disappointment

    They promised access to a personal analyst, but all I got was a few boring and uninformative reports. It’s not the level of service I expected from a broker. «Thanks».

  2. Christina

    Awful broker choice!

    I spent a lot of time and money on their platform, but their trading terminal is so slow and unstable. My trades were not executed on time, and I lost significant amounts because of it…

  3. John

    Not recommending

    When I tried to withdraw my funds, they started calling me and asking why. This looks like a scam, and I lost all my money.

  4. Ida Lawson

    Terrible experience with SmartInvestEU

    I was excited to start trading with them, but to my dismay, they blocked my country from accessing their platform. This meant I had to go through the hassle of setting up a VPN just to access their website and create an account.
    Once I managed to get past the country restrictions, I encountered numerous issues with their services. The platform was slow and glitchy, making it difficult to execute trades effectively. On top of that, their customer support was unresponsive, and my inquiries were left unanswered for days.
    When it was time to withdraw my funds, I faced even more challenges. SmartInvestEU started delaying the withdrawal process without any valid explanation. My frustration grew as I realized they were not taking my requests seriously, and I felt like they were intentionally stalling to keep my money on their platform.
    Overall, my experience with SmartInvestEU has been nothing short of a nightmare. Their lack of transparency, poor customer service, and technical issues have left me deeply dissatisfied. I strongly advise anyone considering this broker to think twice and explore more reliable and trustworthy alternatives.

  5. Maria

    Very bad experience

    Money is defrauded very skillfully. I got cheated, and I lost 2500 eu.
    You will be given the impression that you cannot make a deposit directly from the bank and will be directed to make a payment through cryptocurrency. This way, your bank will not have any trace that you have transferred money to them. When I wanted to withdraw the money, it simply disappeared from my Smartinvest account. When I started asking where my money was transferred, my phone and e-mails were no longer answered. The phone from which the calls were made to me is: + 44 7548 597216, + 44 7700 192389, 44 7700 192388, + 34 622 46 40 22, 44 77 00 192165, + 44 77 00 192115. Be careful!

  6. Mari

    TOTAL SCAM!!!!!!!!!

    Total scam, BE Careful, you will loose your money for good. When I wanted to withdraw my funds they told me that I have to pay commission more than 5000 euros to get my money. Over all I lost more that 8000 euros!!!! I, m a fool of course, no one else to blame but PLEASE DO Not belive them !!!!!!!

  7. Mari

    !!!!!!! Warning

    !!!!!!!! WARNING
    Smartinvesteu is a fake platform, its brokers are fraudsters who use cunning schemes to defraud people of money. Unfortunately, I fell victim to them and lost 8,500 euros. As much as 61,000 euros had accumulated in my account, which they happily asked me to withdraw. The scheme is like this – first your money is allegedly transferred to a Binance account, which is a cryptocurrency trading platform, (however, it doesn’t get there, then some document is sent that shows how much commission you have to pay on this amount, in this case 9%, which was over 5,000 euros . Then the broker claims that now you have to pay the commission and then you will get your money. It took me about 1 hour to negotiate like this, and since I refused to pay another 5000, that was the end of the matter.
    Don’t believe anything they tell you.
    #smartinvesteu #warning!!! #scam

  8. KATJA

    Total Scam!!!!!!!

    Total scam, #SMARTINVESTEU.
    I will not comment for a long time, I agree with all the previous comments.
    The first deposit went to the company, if any:
    MAGICMEDIA, located in EC1V 2NX LONDON