SmartSTP Review 2024

Accounts Offered By SmartSTP

SmartSTP offers various accounts to its traders.

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 Log In:

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

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

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.