Auto Smart Market Review

About Auto Smart Market

Auto Smart Market (autosmartmarket.com) offers trading across cryptocurrencies, forex, indices, commodities, and CFDs, with instruments including BTC, ETH, LTC, XRP, S&P 500, and other forex pairs. The platform claims to deliver ultra-fast execution, supports web, desktop, and mobile access, provides 100× leverage, and features no-KYC account opening within 40 seconds; it also advertises internal investment plans promising daily returns of 45 %–120 %, with minimum deposits ranging from $500 to $5,000 depending on the plan. A withdrawal fee of 20 % is applied. ()

Auto Smart Market does not hold any verifiable regulatory licenses and is not listed with major regulators such as the FCA, ASIC, or CySEC. The lack of transparency includes absence of headquarters or company registration details and no independent audit or investor protection mechanisms. Multiple reputable monitoring services and warning entities have flagged the broker as unregulated, high-risk, and potentially fraudulent. ()

Security claims include usage of SSL encryption, HTTPS protocol, and DDoS protection measures; however, there is no confirmation of client fund segregation or custodial safeguards. Withdrawal practices involve a high commission, further diminishing user returns. ()

Pros and cons

Pros

• Wide range of asset classes including cryptocurrencies, forex, indices, and commodities
• No-KYC account opening and multiple platform access (web, mobile, desktop)
• SSL encryption and basic cybersecurity measures claimed

Cons

• No verifiable regulation or licensing; flagged as unregulated and high-risk by regulators and monitoring services
• Opaque fee structure with extremely high 20 % withdrawal commission
• Unrealistic and potentially deceptive return promises (daily returns up to 120 %)
• Lack of transparency regarding company ownership, location, auditing, or fund protection mechanisms