smartstp broker
Score

4.2/5

Min Deposit

$250

Min Spread

0.1 Pips

Regulation

FSC

Max Leverage

1:200

Free Demo Account
Positive Ratings
75%
Neutral Ratings
15%
Negative Ratings
10%

Introduction

SmartSTP is one of the numerous trading platforms for digital trade. It offers a wide range of products covering a range of markets, including commodities such as Equity, crypto, and Foreign Exchange. It is designed to be a central platform that caters to a wide variety of traders; SmartSTP offers a comprehensive array of trading choices.

This article not only highlights the distinctive features that set SmartSTP apart, but also serves as a user-friendly guide for potential customers, making the process of starting trading on the platform a breeze.

Overview

FOUNDED INN/A
Websitehttps://www.smartstp.com/
HEADQUARTERSMauritius
REGULATORSFSC
MINIMUM DEPOSIT$250
PLATFORMS OFFEREDWebTrader
TRADING INSTRUMENTSCFDs, Cryptocurrency, Forex, Commodities, and metals
ACCOUNT CURRENCYUSD, GBP or EUR
MAXIMUM LEVERAGEUp to 1:500
CUSTOMER SUPPORT24/5
DEPOSIT OPTIONSCredit/debit cards, Nettler, Skrill, Paypal, VPay, and Local Bank Transfer
COMMISSIONNo commission
SPREADSVariable
MOBILE TRADINGNo
AFFILIATE PROGRAMMENo
CONTESTS AND BONUSESNo

What is SmartSTP?

SmartSTP is a trading platform that provides traders with diverse underlying assets for trading purposes. Operating under the auspices of a Mauritius-based financial service provider, MRL Investments (MU) LTD, it offers access to financial markets, including stocks, futures, and options, through its advanced trading interfaces.

SmartSTP goes beyond just providing a trading platform. It empowers traders to explore financial markets, conduct in-depth market analyses, and execute trades seamlessly. With a comprehensive suite of tools and resources, SmartSTP ensures you’re well-equipped to make informed trading choices and seize opportunities within financial markets. Our robust customer support, available 24/5, is always there to assist you, further enhancing your trading experience.

Is SmartSTP regulated?

SmartSTP is a trustworthy trading platform, regulated and overseen by the Mauritius Financial Services Commission (FSC) under license no. GB21027168, ensuring compliance with established standards.

Its parent company, MRL Investments LTD, is a reputable entity duly registered in Mauritius with registration no. 187076, further solidifying its credibility.

To ensure users’ safety and security, SmartSTP offers robust features such as two-factor authentication (2FA) and biometric login for mobile app users.

Moreover, stringent measures are in place to safeguard funds, including segregating clients’ funds from company assets. Additionally, the platform is backed by insurance through the Investor Compensation Fund (ICF).

After evaluating SmartSTP’s overall performance and considering its positive standing in the SmartSTP Review 2024, it is evident that it is a legitimate and secure trading platform. Hence, we confidently recommend engaging in trading activities with SmartSTP broker.

Good Selection Of Underlying Assets For Trading

High Leverage & Tight Spreads

Powerful Trading Platforms

Wide Variety of Assets

Customised trading account

Customer support is available only 24*5.

MT4 and MT5 not available

Accounts Offered By SmartSTP

SmartSTP offers various accounts to its traders.

Account TypesSilverGoldPlatinum
Minimum Deposit$250$250$250
Minimum Deal Size0.010.010.01
Leverage1:2001:2001:200
Stop out level5%5%5%
Spread DiscountNo25% of Silver50% of Silver
Swap DiscountNo25% of Silver50% of Silver

SmartSTP account types

 

Demo Account

The broker does not offer a demo account. If you want Demo account, you can opt for CAPITALIX .

Islamic Account

The broker offers Islamic trading accounts specifically designed for Muslim traders, which include the notable advantage of zero night rollover charges.

Steps to Open an Account on SmartSTP:

STEP 1: Choose “Open Account.”

STEP 2: Input your first name, last name, and mobile number.

STEP 3: Complete the application form and respond to trading background inquiries.

STEP 4: Verify your identity by uploading the necessary documents.

STEP 5: Initiate trading by depositing funds.

SmartSTP sign up

 

SmartSTP Log In:

You can log in to SmartSTP by entering your Email and Password.

login page of Smartstp

 

Trading Instruments Offered in SmartSTP

Commodity Trading:

  • SmartSTP facilitates the trading of commodities, allowing users to participate in the dynamic commodities market.
  • This category typically includes agricultural products, energy resources, and precious metals.

Forex Trading:

  • The platform supports Forex trading, enabling users to engage in the foreign exchange market.
  • Forex trading involves the exchange of different national currencies, providing opportunities for users to speculate on currency pairs’ price movements.

Indices Trading:

  • SmartSTP offers the option to trade indices, allowing users to invest in a diversified portfolio of stocks representing a particular market or industry.
  • Indices trading provides exposure to broader market trends

Stock Market:

  • SmartSTP enables users to participate in the stock market, facilitating the buying and selling shares in publicly listed companies.
  • Stock market trading gives users ownership of companies and the potential for capital appreciation.

Metals Trading:

  • The platform supports trading in metals, including precious metals like gold and silver.
  • Metals trading offers users an avenue to diversify their portfolios and hedge against market uncertainties.

Cryptocurrency Market:

  • SmartSTP includes the cryptocurrency market, allowing users to trade digital assets such as Bitcoin, Ethereum, and other cryptocurrencies.
  • Cryptocurrency trading provides opportunities for both short-term speculation and long-term investment strategies.

Deposits and Withdrawals with SmartSTP

The broker offers many ways to deposit and withdraw money quickly and easily. Their rules for taking out money are good for both new and experienced traders. You only need to deposit a minimum of $250. While taking money out might take up to three business days, depositing money is usually instant. They have a variety of options for depositing and withdrawing funds. These are:

  • Bank transfer
  • Credit/debit cards
  • PayPal
  • Neteller
  • Skrill
  • VPay

Trading Platforms Offered By SmartSTP

SmartSTP provides a broad trading platform with various options to simplify users’ trading operations. SmartSTP supports a variety of kinds of orders, making it easier to execute the market and ongoing orders.

Live market quotes are offered, allowing traders to make informed choices based on the current market conditions. SmartSTP’s system seamlessly incorporates charting software designed for technical analysis, allowing users to analyse price patterns and trends effectively.

It also supports one-click trading, which allows for quick order execution. Its compatibility across all devices allows users to easily trade if they prefer trading on mobile or desktop platforms.

SmartSTP Mobile App

Presently, the broker does not offer mobile trading and does not have a downloadable mobile application available on iOS or Android platforms. While this absence may inconvenience traders who prefer managing their trades on the go, it is a common approach for emerging brokers to prioritise the development of desktop platforms before delving into mobile applications.

However, it’s plausible that the broker will introduce mobile trading options in the future as it progresses and extends its service offerings.

WebTrader

 

SmartSTP Webtrader platform

WebTrader is a reliable platform with easy-to-use features and a simple interface. It’s beginner-friendly but also has advanced tools for experienced traders.

Spreads, Fees and Commissions at SmartSTP

The broker charges fees through spreads on trades and SWAPs for keeping positions open. They don’t have hidden costs or commissions. Spreads can be fixed or changed, while SWAP fees depend on different factors.Silver accounts start with spreads of 2.6 pips. Gold accounts start at 2 pips, and Platinum accounts start at 1.4 pips.

Educational & Research Resources

For better understanding trade markets, the site provides a number of resources, such as economic calendars and market reports. SmartSTP offers lessons, eBooks, seminars, and other educational materials to help customers improve their trading abilities. They also provide infographics and daily news updates to keep visitors updated about current market trends.

Customer Support

SmartSTP helps its clients with customer support through phone and email. Clients can call or email anytime, day or night, to ask questions or get help.

Phone number: Arab Emirates:97145429107,

Switzerland: 41265087335,

Bahrain: 97365002018,

Qatar: 97365003724,

Saudi Arabia: 966115112679,

Kuwait :96522063872,

Oman: 97365003715

Email: support@smartstp.com.

Physical Address: 7th Floor, Tower 1, NeXTeracom, Cybercity Ebene 72201 Mauritius.

Conclusion

Our detailed SmartSTP Review indicates that the broker is trustworthy and an excellent trading option. It provides numerous online trading assets and competitive aspects. Despite being a more recent platform, it is reliable and compliant with rules. Before making an investment, however, prospective users should conduct their own research and think about their trading demands.

FAQS

What is SmartSTP?

SmartSTP is a platform where you can trade digital assets like stocks, cryptocurrencies, and forex.

Is SmartSTP regulated?

Yes, SmartSTP is regulated by the Mauritius Financial Services Commission (FSC), making it a trustworthy platform.

How much do I need to start trading on SmartSTP?

The minimum deposit to start trading is $250.

What trading platforms does SmartSTP offer?

SmartSTP offers WebTrader as its trading platform and it also has its mobile application.

What types of accounts does SmartSTP have?

SmartSTP offers Silver, Gold, and Platinum accounts with different benefits.

How quickly can I deposit and withdraw money?

Deposits are usually instant, while withdrawals can take up to three business days.

What payment methods can I use with SmartSTP?

You can use credit/debit cards, PayPal, Neteller, Skrill, VPay, and bank transfers.