On June 16, 2023, the German Federal Financial Supervisory Authority (BaFin) issued a warning against Esmartinvest for providing financial and investment services on its website esmart-invest.com without the required authorization: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_06_14_esmart_en.html

Esmartinvest fails to disclose its regulatory information and licensing data, which is a clear scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. What's more, the German Federal Financial Supervisory Authority (BaFin) has issued a warning against Esmartinvest for providing financial and investment services on its website esmart-invest.com without the required authorisation.

In essence, Esmartinvest is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

BrokersView found that the domain "https://esmart-invest.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.