SmartSTP Spreads, leverage, minimum deposit Revealed

SmartSTP Information

　　SmartSTP is an unregulated broker offering diverse market instruments, including forex, stocks, and cryptocurrencies, with leverage up to 1:200 and variable spreads on their proprietary Webtrader platform.

Pros and Cons

Is SmartSTP Legit?

　　SmartSTP is not regulated by any financial authorities. Please be aware of the risk!

　　The WHOIS search shows the domain smartstp.com was registered on May 13, 2018. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.

What Can I Trade on SmartSTP?

　　SmartSTP offers trading in Commodity Trading, Forex Trading, Indices Trading, Stock Market, Metals Trading, and Cryptocurrency Market.

Account Type

　　SmartSTP provides three types of trading accounts (Silver, Gold, Platinum). An Islamic account is also available.

Leverage

　　SmartSTP's forex leverage is up to 1:200 for all account types. Please note that high leverage can amplify not only profits but also losses.

SmartSTP Fees

　　SmartSTP's spreads vary by instrument and account type, with Platinum accounts generally offering the lowest spreads, as low as 1.4 pips for major Forex pairs and crude oil.

Trading Platform

Deposit and Withdrawal

　　SmartSTP supports deposits and withdrawals via some common payment methods, like Skrill, Neteller, Visa, Mastercard, Maestro, etc.