In the world of online trading, smartstp.com is a relatively young CFD brokerage company, but its clear trading rules and streamlined services are quickly drawing attention. Here is a detailed SmartSTP Review 2024 for newbie traders who want to get started with it.
Because of its intuitive design, lightning-fast transaction execution, and wide range of trading possibilities, SmartSTP has become a go-to platform for both new and seasoned investors. Is this the best option for you?
We will give you all the information you would need to clear your doubts about the SmartSTP broker.
Broker | SmartSTP |
Website | https://www.smartstp.com/ |
Registered Country | Mauritius |
Physical Address | 7th Floor, Tower 1, NeXTeracom, Cybercity Ebene 72201 Mauritius. |
Founded In | 2023 |
Regulation | FSC |
Minimum Deposit | $250 |
Maximum Leverage | Up to 1:200 |
Spreads | Variable |
Trading Platforms | Webtrader |
Trading Assets | Precious Metals, Equity Indices,CFDs of Commodities and Stock |
Demo Account | Yes |
Islamic Account | Yes |
Payment methods | Bank transfer, credit/debit cards, PayPal, Neteller, Skrill, VPay, and other regional payment options |
Customer Support | support@smartstp.com/ Monday-Friday: 11:00 to 20:00 GMT |
SmartSTP is a licensed broker specialising in CFDs that operates out of Ebene, Republic of Mauritius. Its headquarters are located on the 7th floor of NeXTeracom Tower 1, Cybercity.
In addition, the broker’s domain is run by MRL Investments (MU) LTD, one of Mauritius’s most reputable financial services organisations.
Investing and trading in more than 300 underlying assets, including Forex, commodities, metals, indices, stocks, and cryptocurrencies, are among the services offered by the firm.
SmartSTP has a number of grounds supporting it as a wise option. Below are a handful of them:
Because of the strict laws that support it in ensuring fairness and openness in the financial markets, we can say that smartstp.com is not a scam. It is regulated Under the Financial Services Commission (FSC), the highest-ranking financial authority in Mauritius.
The rules governing SmartSTP are intended to shield investors against unfair practices such as insider trading and fraudulent activity.
Users also have more faith in the broker because of its strict compliance with regulatory standards, which include keeping capital reserves, separating client cash, and abiding by customer protection rules.
Furthermore, the platform employs industry-accepted security protocols to safeguard user information and money, including SSL encryption and two-factor authentication to prevent unauthorised account access.
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A variety of account types, each with unique features and advantages, are available from the SmartSTP. However, your trading style, taste, and risk tolerance all play a big role in which one you choose.
Three live accounts that are suitable for all types of traders, regardless of their prior trading experience, are offered by the SmartSTP platform.
For example, Silver is a good option for new traders, whereas Gold and Platinum accounts are best suited for experienced and big volume traders.
Let’s examine the characteristics of each account type and decide which one best fits your needs.
Features | Silver Account | Gold Account | Platinum Account |
Minimum Deposit | $250 | $250 | $250 |
Execution Mode | MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent | MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent | MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent |
Base Currency | USD, EUR, GBP | USD, EUR, GBP | USD, EUR, GBP |
Average Execution Speed | 0.08 | 0.08 | 0.08 |
Spreads | Starts From 2.6 Pips | 2.0 Pips | 1.4 Pips |
Maximum Leverage | 1:200 | 1:200 | 1:500 |
Islamic Account | Available | Available | Available |
Swap Discount | None | 25% | 50% |
For customers who want to trade in accordance with Shariah law, SmartSTP also provides Islamic accounts. Swap fees do not accrue on Islamic accounts, as the Islamic finance ban on paying or collecting interest.
Clients can easily change their preferences as per their trading needs and requirements by switching the account types as they can easily change their account on client portal.
Here are some of the features of smartSTP islamic account:
It’s time to learn about the broker’s sign-up process now that you feel confident enough about it to our SmartSTP Review 2024.there are total 5 steps to open an account with Euiity:
Step 1:Go to the SmartSTP’s official website and click on “Open Account” option on the homepage.
Step 2: Enter your name, last name, and cell phone number now to proceed.
Step 3: Once that is done, fill out the application and respond to a few questions regarding your trading background.
Step 4: Uploading the necessary files is the final step in confirming your identification. It is possible to skip this step and do it at a later time.
Step 5: Make a deposit to begin trading now.
Once you have registered on the website, you can access SmartSTP with your email address and password.
Our research about SmartSTP revealed that the broker’s product offerings adhere to global industry standards. It provides trading on over 300 underlying assets on all major financial marketplaces.
Spreads for each lot traded and SWAPs for positions that were left open instantaneously are the two ways the broker collects fees from clients. There are no additional unstated costs or fees, not even commissions.
The spreads for each instrument and account type are both set and variable, but the SWAP charges are determined by a number of factors. As an example,
With a maximum offering of 1:200, the broker’s leverage and margin requirements are definitely best in class. The good thing is the leverage of all the accounts are equal i.e., 1:200 so each user will get the same benefits. The broker is offering different leverages on its multiple assets which is described below in the given table:
Forex | 1:200 (Silver & Gold Account) & 1:200 (Platinum Account) |
Commodities | 1:50 (Silver & Gold Account) & 1:50 (Platinum Account) |
Metals | 1:50 (Silver & Gold Account) & 1:50 (Platinum Account) |
Indices | 1:50 (Silver & Gold Account) & 1:50 (Platinum Account) |
Stocks | 1:10 (Silver & Gold Account) & 1:10 (Platinum Account) |
Cryptocurrencies | 1:5 (Silver & Gold Account) & 1:5 (Platinum Account) |
A wide range of payment methods are supported by the broker for simple and rapid account funding and withdrawals. In addition, it appears that the broker’s withdrawal policies are advantageous to both newbie and experienced traders.
The $250 minimum deposit requirement is far more reasonable and inexpensive. While withdrawals can take up to three working days, deposits are often completed immediately. for more similar deposit options , you can check out PrimeXBT and RCGMarkets .
Here are some of the available deposits and withdrawals options:
Using WebTrader, the broker’s trading platform, it provides services. It is an online trading platform with simple toggle choices and a user-friendly interface.
Overall, the platform’s design is user-friendly even for beginners while providing advanced tools and resources for seasoned traders, as demonstrated by our SmartSTP Review 2024.
Phone number: Arab Emirates:97145429107,
Switzerland: 41265087335,
Bahrain: 97365002018,
Qatar: 97365003724,
Saudi Arabia: 966115112679,
Kuwait :96522063872,
Oman: 97365003715
Email: [email protected].
In addition to WebTrader, several brokers provide their own mobile applications that facilitate trading for the public. SmartSTP does not yet have a mobile application feature accessible. However, the broker has already declared that it will be releasing a mobile app shortly to facilitate trading for both newbies and experts.
SmartSTP assists its clients by offering customer support services, which clients can access by calling or emailing the provided numbers and email addresses. Customers can use the 24*7 phone and email services to ask queries or obtain assistance.
The platform provides resources for understanding and investigating the trading markets. Economic calendars, market analysis reports, daily news updates, and infographics are just a few of the extensive array of research resources that are accessible.
In addition, SmartSTP offers a variety of educational resources, including webinars, tutorials, eBooks, and articles on a number of trading and investment subjects to help clients in developing their trading abilities and expertise
It is evident from the extensive study done for SmartSTP Review that the broker is a dependable and trustworthy option for trading in the market.
SmartSTP’s competitive features and wide range of asset alternatives make it a viable online trading platform. Although it is a more recent entrant to the market, traders can legitimately choose it because of its openness, regulatory compliance, and customer-centric attitude. Before making an investment, potential users should, therefore, always carry out their own research and take their own trading preferences into account.
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SmartSTP is an online trading platform where you can buy and sell different assets like stocks, cryptocurrencies, and commodities.
Yes, SmartSTP is considered safe because it follows strict regulations and uses security measures like encryption to protect your money and information.
SmartSTP is based in Mauritius, with its headquarters located in Cybercity, Ebene
SmartSTP offers three types of retail investor accounts: Silver, Gold, and Platinum.
The minimum deposit to start trading on SmartSTP is $0.01, and the maximum leverage offered is up to 1:200.
SmartSTP offers a WebTrader platform for trading, and they are planning to release a mobile app soon.
SmartSTP offers three types of live trading accounts: Silver, Gold, and Platinum, each with different features and benefits.
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