About AutoSmarttrades
Who Is AutoSmarttrades?
AutoSmarttrades is a US-based online trading platform registered in New York, New York, at La Maison 16 Washington News. The company was founded on September 25, 2023, making it a relatively new entrant in the retail trading space. The broker primarily targets active retail traders, offering access to leveraged forex and CFD trading.
Despite being registered in the United States, AutoSmarttrades does not hold any recognised regulatory licences from major financial authorities such as the SEC, CFTC, or FINRA. This absence of regulation is a significant factor for traders to consider when evaluating the broker's trustworthiness.
Account Tiers and Minimum Deposits
AutoSmarttrades provides four distinct account types differentiated by minimum deposit requirements. The STARTER account requires a minimum of $500, designed for new or smaller traders. The SILVER account requires $5,000, the GOLD account requires $10,000, and the PLATINUM account requires $50,000. Each tier may offer different features, but specific details such as spreads, commissions, or leverage are not clearly listed on the website.
The broker does not publicly disclose maximum leverage figures for any account type. However, the website's marketing materials reference 100x leverage, suggesting that high leverage may be available to certain clients.
Instruments and Trading Platforms
According to the broker's website, AutoSmarttrades offers a range of tradable assets including forex pairs, cryptocurrencies, commodities (such as gold and oil), indices, and stocks. The platform is described as "secure and ultra-fast," though no specific platform name (e.g., MetaTrader 4/5, cTrader) is mentioned. The broker also highlights tight spreads, fast execution, and cash rebates as key selling points.
It is unclear whether the broker provides a proprietary trading platform or a third-party solution, and no information about demo accounts or educational resources was found on the site.
Regulatory Status and Client Protections
As noted, AutoSmarttrades is not regulated by any known financial regulatory body. FXCanary's records confirm no regulators on file. This means client funds are not covered by investor compensation schemes in major jurisdictions, and there is no independent oversight of the broker's operations.
Traders should be aware that unregulated brokers typically do not segregate client funds or provide negative balance protection unless voluntarily stated. AutoSmarttrades' website makes no mention of fund segregation, insurance, or specific security measures.
Who Is AutoSmarttrades For?
Given its high leverage claims and low minimum deposit, AutoSmarttrades may appeal to retail traders seeking to trade with small capital and amplified exposure. The broker's lack of regulation, however, makes it a high-risk choice, particularly for conservative traders who prioritise fund safety.
The platform appears to target active traders who are comfortable with operational opacity and do not require institutional-level compliance. The absence of verifiable reputation data or user reviews further limits the ability to assess the broker's reliability.
Overview compiled by FXCanary from regulatory records and public data. full AutoSmarttrades review