You can learn to trade on financial markets independently, or you can purchase training courses. However, the internet is teeming with fake companies that sell empty promises disguised as effective materials or outright scam their clients. Next in line is the TradeSmart review. What is unique about the firm, can it be trusted, or is it a scam?
Brief Overview
- 🖥Official Website: tradesmart.academy
- ✈️Contact Address: Chartuzin Limited, 2 Frederick Street, Kings Cross, London, WC1X 0ND
- 📞Customer Support: [email protected], [email protected]
- 🔐Licensing and Accreditation: no
- ⏳Track Record: Since 2022
- 🧰Specialization: trading education
- 🤝Terms of Cooperation: €249-€1,499
- 💰Additional Services: no
Tradesmart.academy Examination
The company clearly did not invest much effort and resources into creating its official website. A one-page resource, template phrases, non-unique images from the internet — all these immediately stand out as obvious shortcomings and signs of an unserious educational organization.
The homepage consists of three sections: the benefits of learning here, activity statistics, and pricing plans. At the bottom, the user agreement and several additional legal documents are available. They are clearly copied rather than written from scratch. The website also lists a legal address in the United Kingdom.
In addition to English, Italian, French, German, and Spanish are available, indicating focus on the European audience. The site does not contain information about the founders, licenses and certificates, or the success stories of students who have become experienced traders and earn good money. Such a website does not inspire trust in the company due to its lack of seriousness and simplicity.
Company Contacts
You can try to contact the staff by email, but there is also a special feedback form available. There are no phone numbers, online chat, or social media accounts provided. Sending a message to the email is pointless, as the specified email is fake and does not exist. Is it even possible to contact representatives of the firm?
Key Conditions
The firm offers training courses consisting of three levels, 10 hours of study time, 20 trading subjects, and 145 lessons. According to the information on the official website, more than 500 students have completed the training.
The company has developed four training packages. The logic is simple — the better the package, the more material and options, but the higher the price:
- Beginner. €249, includes essentials course, e-books, glossary, and 47 lessons.
- Intermediate. €499, includes MT4 & MT5 tutorials, economic calendar, cryptocurrency calendar, currency strength meter, and 104 lessons.
- Trader. €999, includes knowledge checks, assignments, daily market news, and trend analysis.
- Elite. €1,499, includes all options: 3 high-probability trading setups, market research, market scanners, and highlights TV.
The organization does not specify which topics are covered in the lessons. Technical analysis, psychology, or risk management? These are important aspects, but it is unclear if they are included in the materials. Moreover, the prices of the packages are frankly overpriced. The differences between the tariffs are minimal, but the price difference is significant. There is no visible advantage to why students should buy courses here.
All the knowledge the firm provides can be found freely available on the internet. So why pay money? Additionally, the user agreement mentions a money-back guarantee, but only within the first 90 days after purchase and if the student has not watched more than 50% of the materials.
Exposing TradeSmart
The company reveals nothing about itself except that the legal entity, Chartuzin Limited, is registered in the United Kingdom. There is no information about the founding date, names of the founder and coaches, or certificates. One can simply refer to the Whois service to find out when the domain of the official website was registered. This information will provide the firm’s founding date. The domain was registered on December 19, 2022, and updated in 2023.
In the official register of legal entities in England, there is a company named Chartuzin Limited, which appears on the website. However, the addresses differ. The first office is listed at 2 Frederick Street, Kings Cross, while Chartuzin Limited is at 71-75 Shelton Street, Covent Garden. Moreover, there is no evidence that this legal entity truly owns and operates tradesmart.academy. Scammers could easily use another organization’s data and present it as their own. This trick is popular among fraudsters.
Additionally, other companies have been found that also mention Chartuzin Limited. These include PipSmart Academy (pipsmartacademy.com) and StudyPulse (studypulse.academy). Are these projects of the same scammers? The identical conditions are clearly visible. How many similar “educational academies” have been created?
What Reviews Do Users Leave?
Finding reviews about TradeSmart is almost impossible. Therefore, it can be said with 100% certainty that the information about 500+ students is fabricated. The lack of reviews on the internet is a serious negative factor, indicating that the firm is not popular and does not have clients. Purchasing services from such a company is very risky. There are no guarantees that you will not be scammed.
Conclusions
Several similar educational projects like TradeSmart have been created. Most likely, this is the work of the same group of fraudsters, as the same legal entity is indicated everywhere. Trusting such an organization by purchasing its informational products is not advisable; it is risky. You might pay money and receive nothing, or receive low-quality material that can be found for free on the internet.
The period of operation is quite short, and there are no reviews at all. It is likely that no one has even bought their training courses. This is an excellent reason to refuse to purchase their materials.
Pros/Cons
- The website is translated into several languages.
- Template-based website.
- The legal entity is also mentioned in other similar firms.
- No reviews on the internet.
- No information about coaches and the founder.
- No real office.
- High risk of receiving low-quality materials.
These programs seem dubious.