SmartSTP

( 1.94 )
18 reviews
Suspicious
This company shows several warning signs of potential fraud.
Write a review
Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
The broker has obtained an FSC license.
There are demo and Islamic accounts.
Cons
Serious regulatory bodies do not monitor activity.
There are no guarantees of reliability and insurance.
The platform operates on a conflict of interest model.
Opaque trading conditions.
Offers CFDs with risky high leverage.

Company Background

The company keeps silent about the history of its activities, as well as the personalities of its founders and top management. Meanwhile, MRL INVESTMENTS (MU) LTD, which operates the site, discloses its registered office in Mauritius and the existence of a license issued by the FSC. However, the firm does not show evidence of registration and regulation of operations.

Since we cannot call this platform fully transparent, we will do some research into its operations. For full details on SmartSTP, please see our broker review.

Overview of Services and Trading Terms

“You trade: we support you” is the slogan of SmartSTP, a brokerage company that supposedly offers the best conditions for traders. Clients have access to the proprietary WebTrader terminal based on the TradingView platform for trading on 6 markets with assets such as forex, cryptocurrency, indices, and others.

The broker provides a commission-free Islamic account. However, the company may charge a storage fee.

SmartSTP offers customers three types of accounts that differ in the amount of spread and exchange discount. The broker requires an initial deposit of $250 and offers leverage up to 1:200. Meanwhile, the deposit requirements on the different plans are unknown, which once again emphasizes the company’s moderate level of transparency. Please note that the broker allows hedging.

Additional services include consultations with a personal manager, webinars, and videos.

SmartSTP provides an opportunity to communicate with managers via online chat. The company also maintains social media accounts on Facebook, Twitter, Instagram, and LinkedIn. However, the small number of subscribers and minimal engagement indicate that the company is not very popular among traders.

Referral and Bonus Schemes

There is no information about the referral program on the broker’s official website. As for bonuses, SmartSTP provides for such a way of rewarding in its rules. However, you should be careful as this provision is more like a trap where your money will be held on your account without the right to withdraw it. The fact is that you will have to trade a volume of at least 300 lots for $1,000 of bonus money, which is an almost impossible task.

Text error? - Email us

FAQ

Is there any income guarantee when trading with smartstp.com?

The intermediary does not make any promises to customers that they will make a profit from trading on this site. Therefore, your earnings depend on various circumstances, including your experience.

What sum is necessary to begin dealing with SmartSTP?

You can start with $250, according to the terms and conditions of the brokerage organization. That is the amount specified by the broker, not our recommendation.

What deposit and withdrawal methods are available?

You can deposit/ withdraw funds to your account via bank credit and debit cards or SWIFT transfers. You can also do this via SEPA for payments in Euros.

Is smartstp.com a legitimate website?

The presence of official registration and a license for financial activities indicates that the project operates within the legal framework. However, the reliability of this offshore broker is rather low.

Is it like roulette with no guarantee of earning money?

You risk losing all your money in high-leverage trading. In addition to the dangers of CFDs, there is the possibility of damage due to conflicts of interest, and the broker may artificially create unprofitable trades.
John Hartman - lead author on Scamroulette.com
John Hartman

SmartSTP has the right to cancel the bonus, cancel profits, and block the account at any time. Besides, it can go bankrupt, close down, and disappear with clients’ money. At the same time, traders have no protection from the lenient offshore regulator, which will not pay any compensation to the victims. Therefore, I do not recommend you to work on this platform, whose anonymous owners can easily steal your money.

Overall Score

  • 2
  • 3
  • 0
  • 0
  • 13
  • Cheating comments
    0
1.94/5
OVERALL

Based on 18 votes

18 reviews about SmartSTP

  • Sammy
    1 review
    10.06.2025 17:12
    I've had a bad experience with them

    Maybe this firm really needs money or is experiencing some sort of problem of some sort, but SMARTSTP can’t withdraw my $340 profit! In my opinion, this is unheard of audacity – solving problems at the expense of customers

  • Frank
    1 review
    06.06.2025 20:38
    SCAMMERS!!!

    I have been with smartstp.com for 6 months now. I liked everything from the beginning. However, I decided to withdraw money from my trading account, but as soon as I made the request, they stopped responding to my inquiries. Ok, I’ll leave them my remaining deposit, may they be happy…

  • Jean D.
    1 review
    31.05.2025 12:07
    The personal analyst has helped me a lot

    I am new to trading and recently started trading on Smartstp platform. It’s a good broker with great earning and investing opportunities. You can try trading on a demo account and you can also take advantage of the social trading subscription. I am just starting to trade, so it is important for me to minimise risks with a large capital. I am currently developing my metals trading strategy. I think that I owe my success primarily to the personal analyst, whose services were offered to me by the platform. He showed me how to make the most profitable trades and thanks to him I have already learnt how to make money on my own. However, I haven’t withdrawn any profit yet

  • Todd W.
    1 review
    24.05.2025 05:50
    Don't be fooled by promises of dishonest managers

    I tried to trade here but only ended up losing money. They lure you with bonuses and huge leverage, but it’s just a trick!! As a result, the broker doesn’t give traders a chance to earn money – every time the market moves in my direction, some incomprehensible crash starts on the platform. I lost in this way $2,270 in one week – all because of technical failures and slippage on smartstp.com

  • Becky Hart
    1 review
    21.05.2025 06:06
    I have never seen such a mess as here!

    EUR/AUD spreads can reach 50 pips! Regular brokers don’t have such spreads at all, but here it’s as if they have set a trap on purpose. As soon as the price changes, you are immediately at a disadvantage. This was a terrible experience, I do not recommend this site to anyone.

  • Hanna
    1 review
    16.05.2025 18:04
    I am so sorry that I got involved with such scammers!!!!!!!

    As far as I understand, this is the only resource where reviews are not cleared! I ordered a withdrawal from SmartSTP 3 weeks ago and received silence in response… The support team that called before is silent! I threw over $2.6K into this trash heap!!!!

  • Duffy
    1 review
    14.05.2025 20:48
    I did not like this platform

    It is simply impossible to close a deal manually on news, and if pending orders are set, they are triggered at a different price than planned, which means that any trading session with such execution will be a priori unprofitable

  • Mr Delgado
    1 review
    04.05.2025 16:32
    Transaction Manipulation

    These scammers help you waste your deposit on slippages that can happen up to 300 pips. I can’t get anything clear from smartstp.com representatives except one thing: the Ask line has moved 300 pips exactly to your StopLoss order.

  • Lori Wilson
    1 review
    28.04.2025 05:27
    A good broker to start your trading journey

    The staff at Smartstp send me good analytics via email on a daily basis, which helps me a lot to make profitable daily trades. I will mention the wide range of trading instruments, fair spreads and fast execution. Also, the support team is online and can help you with any question.

  • Maribel
    1 review
    23.04.2025 02:34
    Very big liars, thieves and scammers

    The account managers tried to talk me into depositing more money. Whenever I make a profit, they open a hedging trade (they opened 6 trades for me within 2 weeks), and then when they found out I wanted to withdraw the money, they stopped answering my calls and emails.

  • Elizabeth S.
    1 review
    22.04.2025 07:59
    Horrible terminal

    How can we talk about trading when there is such rabid slippage and the spread fluctuates every now and then. I made a deposit of 410 and lost it in just over 2 weeks. How can you make money here? After all, swaps live their own life, independent of anyone. Only they “ate” quite a lot of my funds.

  • Ruben Patterson
    1 review
    21.04.2025 13:16
    I am happy with the service

    I switched to this trading platform from another broker. I can honestly say that the conditions at Smartstp are much better. I found more instruments, narrow spreads and good leverage. Moreover, I have no issues with the prices, they are all in line with the market 💯 Finally, the broker gives me good analytics and I regularly check the market reviews on smartstp.com.

  • Mr. Vargas
    1 review
    19.04.2025 23:30
    Withdrawals are fast and commission-free

    I entered this platform with a minimum deposit to test the service, but in a few months of not very active trading I increased my balance by 38% due to profit. I would like to note that the spreads on currency trading are narrow, so I can earn income with Smartstp even without a particularly strong strategy, just due to my understanding of the market. On top of that, there are no problems with the platform itself, everything works stably.

  • Griffin
    1 review
    08.04.2025 02:35
    Fraud! There is nothing but Fraud here!

    I was disconnected from the platform, and with open transactions. On top of that, there is no feedback, they do not respond to emails. Bottom line: the transactions were not closed, I was unable to log in to my account from any device and I drained my entire deposit, about €1,710. Naturally, now SMARTSTP managers will blame me for all the problems, citing my technical problems. However, I have screenshots that say OTHERWISE!!

  • Philip L.
    1 review
    02.04.2025 01:04
    FRAUD, WITHDRAWAL OF FUNDS IS NOT MADE

    Broker does not withdraw funds upon request for the third month, despite the fact that the staff is committed to withdraw funds, but there is no deadline…

  • Christy
    1 review
    24.03.2025 10:59
    Do not contact this pseudo-company under any circumstances.

    You can deposit money, but you can’t withdraw it! These scammers are stalling to get more money from you.

  • Matthew M.
    1 review
    16.03.2025 09:54
    Beware of scammers

    They manage their clients’ accounts. When you reach your planned target, they deliberately enter many illogical losing positions with large amounts in just 2-3 minutes so that your capital reaches zero. Then they ask you to make an additional deposit to keep your account intact. So, I gave over 5,360 euros to these scammers.

  • Eric Adams
    1 review
    06.03.2025 22:01
    The broker is certainly suitable for starting out

    The company provides a demo option and an Islamic account. However, as I think, those who have been trading for a long time will be more interested in the number of assets and trading conditions. So I will say that the spreads are low, moreover, the leverage is quite large. I transferred some of my funds to this one a few months ago, and here my profit is already twice as much as at the previous broker. At least I advise you to try the terminal at smartstp.com!

Leave a review
  • Your overall score:
    Please, rate the company.

Broker Profile

License
Offshore
Leverage
1:200
Demo account
Yes
Order Execution Model
DD
Minimum deposit
$250
Licensing Authorities
Questionable Regulator
Investor Protection
No
Transparency
Many Undisclosed Conditions
Reputation
Bad
Auditing
Not Conducted

Why you can trust reviews about SmartSTP

  • Our report includes a comprehensive look at the company and information on its background.
  • We pay close attention to what people are saying about companies. Each comment is moderated and checked for spam.
  • We reject dishonest practices to create a favorable image. Paid reviews, boosted ratings, and comments from the same IP address are banned or marked in a special way.
Text error?



    Comparison