Digital trading tools like SMC Autotrender are increasingly used by retail investors to track market trends and identify trading opportunities. Offered alongside services from SMC Global Securities Ltd, SMC Autotrender presents itself as a rule-based analytical tool that helps traders interpret price movements and generate buy or sell signals.
For many investors, such tools appear to simplify decision-making by combining charts, technical indicators, and market insights in one place. However, using products like SMC Autotrender also requires a clear understanding of how the tool works, what it is designed to do, and the risks involved when trading based on signals or webinars.
This blog aims to build awareness around SMC Autotender as a product, its features, its positioning, and its limitations, while also highlighting the risks that can arise when investors rely heavily on trading tools and related services.
Through a real-life complaint case study, it explains how expectations, marketing claims, and repeated upgrade suggestions can impact retail investors and why informed participation and caution are essential.
SMC Autotrender Review
SMC Autotrender is a web-based analytical tool designed to help traders identify market trends. It uses technical indicators and algorithm-based rules to generate buy and sell signals, helping users spot potential entry and exit points.
The tool is offered in association with SMC Global Securities Ltd, a long-established Indian brokerage firm providing trading, research, and market-related services. SMC Autotrender is developed by the research and technology division of the SMC Group, led by Ajay Garg, Director and CEO of SMC Group.
Autotrender analyzes price data across stocks, indices, and other market segments over selected timeframes. It draws trend lines and produces signals based on predefined market conditions. Users typically access the tool through a web interface after subscribing.
Importantly, SMC Autotrender does not execute trades automatically.
It provides analytical insights and signals, leaving final trading decisions entirely to the investor. Users can customize certain settings to match their trading preferences and use the tool for both short-term and longer-term trend analysis.
Online Presence and Educational Channels
SMC Autotrender maintains visibility across multiple public platforms:
- YouTube: Official and third-party videos explaining the tool’s features and usage
- Facebook: Informational posts and short clips shared by SMC Global
- Public forums: Discussions among traders sharing experiences and opinions
In addition, SMC runs a Telegram channel titled “Index Trading with CA Nitin Murarka (SMC)”, which provides index-related updates, chart analysis, and market commentary. The channel focuses on educational content around index movements and trading approaches.
While such platforms increase accessibility and awareness, investors should remember that market education and market outcomes are not the same.
Many investors incur losses when they rely solely on tools, signals, or verbal assurances. Rule-based systems and software cannot eliminate market risk, volatility, or unexpected events.
Losses may occur due to:
- Market timing
- Sudden news or global developments
- Overtrading
- Inadequate understanding of products like intraday or index trading
Tools can support analysis, but they do not guarantee profits. This distinction becomes especially important when services are promoted alongside performance claims or recovery assurances.
To understand how these risks can play out in real life, consider the following case.
Case Study: Autotrender Subscription and Trading Losses
This case involves a retail investor who experienced repeated losses while using SMC Global’s Autotrender product, along with associated webinars and Telegram-based trading ideas.
The investor’s experience began on 18 April 2024, when he received a call from Ms. Nancy Goel, who claimed to be associated with SMC Global or Stoxkart. She promoted Autotrender as a trading software that came with a daily live webinar at 11:30 AM, where intraday trading tips would be shared.
He was assured that following these tips could generate ₹2,000–₹3,000 per day. Based on these representations, the investor subscribed to Autotrender by paying ₹8,260.
Initially, a few small profits were made. However, this was soon followed by consistent losses based on the webinar tips.
Upgrade to Premium Telegram Channel
When the investor raised concerns, he was advised to upgrade to a “Premium Index Telegram Channel” for better results.
On 25 May 2024, after paying an additional ₹5,310, he was added to the channel and told that:
- Earlier losses would be recovered
- The new service had better accuracy and performance
The investor received WhatsApp messages and performance claims suggesting a 72% success rate, which he felt did not reflect actual outcomes.
The image below (Image 1) shows sample promotional or performance-related representations shared with the investor.
Despite the upgrade, losses continued.
Renewal and Continued Losses
The investor decided to pause trading but continued receiving calls encouraging him to renew or continue using the service.
Below screenshot, (image 2) reflects further promotional communication encouraging continued engagement.
In March 2025, after being told that the service had improved and would now include two daily webinars with expert guidance, the investor renewed the subscription on 5 March 2025, paying ₹5,898.
Even after renewal, the trades that followed resulted in additional losses of approximately ₹5,500, with no recovery of previous losses despite repeated assurances.
Financial Impact
Over the entire period, the investor paid a total of ₹19,468 in subscription fees:
- ₹8,260: Initial Autotender subscription
- ₹5,310: Premium Telegram Channel
- ₹5,898: Renewal
The total financial loss reported was ₹24,968.
The investor raised concerns about:
- Fixed or assured profit claims
- Continuous pressure to upgrade or renew after losses
- Lack of clear risk disclosure for intraday and index trading
- Performance claims that did not align with actual results
- Absence of accountability when outcomes differed from promises
What Investors Can Learn?
This case highlights how:
- Sales calls and profit assurances can influence decision-making
- Paid tools and channels do not remove trading risk
- “Recovery” promises after losses should be treated as red flags
Key takeaways for investors:
Be cautious of assured or fixed daily profit claims
- Understand that tools assist analysis, not outcomes
- Avoid relying solely on verbal assurances
- Demand written clarity on services, risks, and limitations
- Verify whether offerings fall within permitted regulatory frameworks
- Track subscription costs and cumulative losses
- Pause and reassess instead of committing more funds after losses
How to Report Such Platforms
If investors encounter misleading marketing or unrealistic profit claims, timely reporting helps protect both themselves and others.
- Collect evidence: Call recordings, messages, emails, receipts, screenshots
- Note key details: Dates, amounts, names, phone numbers, platform details
- Lodge a complaint in SCORES: Register/Login and verify your account
- Choose the correct complaint category
- Write a clear, factual complaint
- Upload supporting documents
- Submit and track using the reference number
- Respond promptly if additional information is requested
- Escalate if unresolved within prescribed timelines
Need Help?
Reach out to us; we understand how repeated losses and unfulfilled promises can be confusing and emotionally draining. Many investors struggle with knowing what to do next.
Our team supports investors through the entire process:
- Reviewing trading activity and subscriptions
- Organizing evidence and documentation
- Drafting and filing complaints step by step
- Guiding investors through follow-ups and responses
We at FraudFree aim to provide clarity, structure, and support so investors can move forward with confidence.
Conclusion
SMC Autotrender is a rule-based analytical tool designed to track market trends and provide technical signals. It offers structured insights, webinars, and educational content—but it does not eliminate market risk.
Trading outcomes depend on market conditions and investor decisions. Before using any paid tool or service, investors should understand its scope, limitations, and costs.
Avoid relying on profit promises or recovery claims. Read disclosures carefully, track expenses, and remain alert to warning signs. Awareness, caution, and informed decision-making are the strongest tools investors have to protect their interests.
