The platform presents itself as a reliable and trusted resource that guarantees the safety of investments. The project founders claim that the site belongs to MRL INVESTMENTS (MU) LTD, registered in Mauritius and regulated by the FSC. However, there is no copy of the legal entity’s registration certificate and information about the broker’s team on its official website. As for the domain, it was registered in May 2018.

Perhaps, behind the attractive offers is the desire of the platform owners to illegally seize clients’ funds? You will find out from our SmartSTP review.

Trading Conditions

The company invites customers to trade commodities, crypto, and other assets on WebTrader. SmartSTP promises transparent trading conditions, although many of them are not disclosed.

SmartSTP offers a bonus program. Please note that the trader risks losing their deposit, as the money is not returned unless the trading volume of $30 million for every $1000 is reached.

There is the following information about trading parameters:

Minimum deposit of $250.
3 trading plans.
Demo and Islamic accounts.
Leverage up to 1:200.
Spreads from 3.2 pips.

Standard tariffs differ only in the size of exchange and spread discounts. Besides, there is no clear information about commission fees, deposit/withdrawal procedure, and other important aspects of trading with SmartSTP.

You can use additional services – trading courses and analytics. In addition, the broker has four social media accounts.

FAQ

Would investing in SmartSTP offer the best returns?

You risk losing all your invested funds by cooperating with this company. You are unlikely to get returns in CFD trading with such‌ high leverage or by accepting unrealistic conditions in the broker's bonus program.

Does SmartSTP carry out withdrawals?

Most users report problems related to the inability to withdraw funds, fraud, and unfair behavior on the part of the intermediary. Therefore, you are unlikely to withdraw even your investment, let alone make a profit.

May I be scammed on smartstp.com?

Yes, you can become a victim of scammers if you start trading on this platform. Since the broker has only an offshore license, the owners of the site hide their names, and there is no guarantee of withdrawal of client funds.

What's the best way to share my experience with SmartSTP?

Fill out the form and we'll make sure your voice is heard.

How can I tell if this is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore

License: FSC Mauritius

Leverage: 1:200

Broker type: DD

Demo account: Yes

Affiliate program: Not indicated

Minimum deposit: 250$

Trading platform: WebTrader

Assets: Forex, CFD

18 reviews about SmartSTP

Esua2023
February 24
I no longer have any hope of resolving this nasty problem
Do not count on honest fulfillment of agreements from this company. Due to the fact that I used generous leverage on its platform, I cannot get out of the debt hole.
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Onesband
February 16
Beware of this broker!
Smart STP are scammers who talked me into buying additional services, supposedly it would increase my chances of success. I spent 360 dollars but it was useless, only the costs increased. I believe this is a total scam and rip-off!
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Mr. Martin
February 7
Everything is fine, the conditions are perfect
I've been in the market for a long time and have tried a seemingly endless number of broker platforms, but in the end this particular firm was the best. There wasn't a single broker with whom everything was good, but at smartstp.com everything turned out to be just so. All brokers have shortcomings, but I have not encountered any such cases here. Orders are executed quickly, liquidity is sufficient, and it is impossible for the limit to be filled by 50%. If the price touched the level where the limit is, then the entire limit, the full volume was filled, this applies both to stop losses and takeouts, and just a limiter to open a position. I would like to note that withdrawal of funds is very fast at smartstp.com, usually this procedure takes less than a day, that is on the same day. Is there such a thing anywhere else? And in general, it’s not only the speed that pleases, but also the fact that the withdrawal works stably. The bid-ask price ratio is adequate, since I do not open positions at night, I do not know whether it will jump or not. Intraday comes with a price rise, especially from 7-8am to 4-6pm. And then the terminal is still suitable for forex trading.
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Jeld
January 30
Terrible broker!
I deposited 280 dollars, started trading and after a week they told me that I need to be verified to withdraw my funds! What kind of circus is this? I provided my personal data at the moment of registration, and as soon as I applied for withdrawal, these crooks from SmartSTP started demanding from me a second verification of documents and pay extra for something incomprehensible! I've been trying to get a refund from them for the second week already, but they haven't returned the money! This crocodile does not let its prey out of its mouth :( They just use your data and money to their advantage. Don't be fooled, it's a full blown scam!
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Vanessa Martin
January 29
It's like I never had 4 thousand dollars...
I discarded all those custom made positive comments that I believed and realized that I have been scammed for over 3 months on smartstp.com. I can't call trading successful if it only brings me losses of $300-600 or more per week, my stop losses are constantly being hit, while the price is going down - all this happens regularly, right before my eyes. Meanwhile, trading stocks of US companies also only brings me losses, especially if I have been trading for 4 hours or more and making 8 trades each. I'm going to end this vicious partnership with SMARTSTP, as I've become like a fanatic, with only 330 dollars left in my balance...
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Constance
January 29
Withdrawal of funds does not work for me
I can't withdraw funds either, like many Smartstp customers who have been scammed. It looks like the account is blocked and technical support is not responding. Who has the same problem? Am I such a simpleton that I gave my money to some scammers instead of a reliable broker? The amount is small, only $275, but I don't want to lose money. Friends, maybe you have some ideas on what to do? How can I get my deposit back?
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Rainair
January 26
I was deceived
I thought I was starting a partnership with a leading global broker with the necessary licenses, experience, high turnover, many clients and even insurance. But it all turned out to be fake, on which I lost 1,230 dollars. And it's a good thing I didn't dare to invest $10,000, as my losses could have been even greater. It's a shame to realize that scammers screwed you by stealing all your money. Moreover, there is no possibility to withdraw the funds or at least return some of them. They are now in the possession of the Smartstp - scammers who will never give them back to me. If I had known this was going to happen, I would have never transferred those funds.
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William
January 19
I do not recommend you to risk your money
Yes, the longer you stay on this fraudulent platform, the more you will lose!!!!! The scammers will come up with tons of ways to get money out of you, up to the point where your pocket will be completely empty. They made me lose about 5K USDT :(
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Anthony K.
January 16
This will serve as a lesson for someone
I don't want to offend anyone, but if you invested money here, you are a fool and you bought yourself a priceless experience. Smart STP is a classic forex scam created a month ago by some anonymous scammers to deceive inexperienced traders. The scammers wrote a lot of fake information about regulation, reliability and other things on their website, it's just a fake to create the appearance of a successful and serious broker. Do not let yourself be fooled!
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Robert Mitchell
January 9
I lost 700 euros!
I saw negative reviews about this broker, but I didn't believe they were true. Now I feel like a complete idiot, because I didn't believe real people, but SMARTSTP chatterers. They let me down in trading... Their terminal is glitchy, office staff gives fake recommendations, and support is not customer friendly....
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James D.
January 5
Don't give these crooks your money!
As long as you feed them, they will not leave you, I checked on my own experience! They swindled me out of almost 1,600 LTC!!!
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C. Reyes
December 30
This is a good broker with a solid security system
The equipment is stable, quotes are updated on time and trades are also made on time and the commissions are acceptable, I would call them social 👍 I haven't made a big profit so far with SmartSTP, but I am satisfied with everything, the main thing is that the broker works honestly and withdraws funds without delays!
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Randy Mendez
December 29
I need your opinion
I read traders reviews online and couldn't come to a conclusion whether I should start trading here. I learned that most of the users are satisfied with the agent, but some have problems with withdrawal of funds. They write that applications are not processed and the administration does not pay attention to this problem at all. Are there people here who have already managed to get acquainted with the company? How safe is it to trade here? Because the conditions attract me, but this nuance with cashout stops me from registering an account
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Nickolette
December 29
I have encountered a similar brokerage site
I signed up for the exact same site 2 years ago, the interface was similar - one to one, even the design elements are in place. The name seemed to be different, but it's a complete clone of SmartSTP. I started with £400 back then, but couldn't earn anything because my funds were frozen and the admins blocked my account allegedly for breaking some internal rules. As I see the scammers continue their work, the name has changed but the essence remains the same.
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Erica Thomas
December 25
Why did I choose this company?
My cooperation with the broker is fruitful, or rather, my trading is successful. Why did I choose SMARTSTP? It is not just a pathetic one-day firm or a parody of a broker, it is a real financial business that profits from commissions and spreads, which means that it is fully interested in its clients making money, trading more often or at least having zero losses. SMARTSTP hedges small deposits, eliminating conflicts of interest, and takes large ones to the interbank, no doubt this is 100% true. Here you can trade safely and rely only on your own strength. If you know how to trade, you will have profits and you can easily withdraw them. This company is not interested in manipulation and deception: why would they cheat a client, taking one amount once, but losing all other clients, as a bad reputation spreads quickly through the Internet? It is better to work steadily, reducing commissions from traders and increasing the audience. This is exactly why I chose this company and I was not mistaken. Trading goes well, money is withdrawn without any problems.
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Myrtle Murray
December 17
Reliable and profitable broker
What can I comment‌ on? The facts of the company speak for themselves - it has ‌solid experience, regulation, demo account, open terms, trading courses, many social media accounts and so on. All these are guarantees of reliability and signs that SMARTSTP is not a fraudulent company and that it pays out money. The solvency of the broker is at a high level, 100%. I have withdrawn funds from here several times. And do you think there were any problems? No, there were none! I would like to note that payments are made perfectly, without any delays. You only need to go through verification, but I advise you to do it immediately after registering an account at smartstp.com, without delaying, so that you can easily withdraw money in the future. In addition, I also advise you not to touch the bonuses, otherwise you will not be able to fulfill the conditions for them and thus you will not be able to withdraw money later. Many inexperienced traders do this and then fail to work out a large volume of trades. If you are a beginner or have an average level of trader, you should not mess with bonuses - leave them to professionals, those who trade for hundreds of thousands of dollars, they know how to work off bonuses.
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Mr. Roberts
December 15
Fraud at its finest!
The broker promised bonuses and promotions for new traders, but as soon as I started trading, the bonuses were canceled after a month! I spent a lot of time and effort to fulfill the conditions of the broker, but in the end - no bonuses and a lot of lost money. This is a scam!
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Robert S.
December 9
There are scammers working in the company!
They blocked the withdrawal of my money without explanation. I deposited 6,300 dollars into my account, traded carefully, and when I decided to withdraw my profit, they started having problems. The money was never returned! Scammers! The support service is just throwing up their hands. Gentlemen, stay away from these scammers!
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