Abstract:Smart Global, established in 2023 in the United States, operates within the financial sector, holding regulation from FinCEN but lacking authorization from the NFA.
Aspect | Information |
Company Name | Smart Global |
Registered Country/Area | United States |
Founded Year | 2023 |
Regulation | FinCEN, NFA (Unauthorized) |
Market Instruments | Forex, Precious metal, Crude oil, Indices, Cryptocurrency |
Leverage | Up to 1:100 |
Spreads | As low as 1 pip |
Trading Platforms | ST5 |
Demo Account | Available |
Customer Support | Email: support@smartglobally.com |
Smart Global, established in 2023 in the United States, operates within the financial sector, holding regulation from FinCEN but lacking authorization from the NFA.
The company offers a diverse range of trading options, including Forex, precious metals, crude oil, indices, and cryptocurrencies, with leverage up to 1:100 and spreads starting as low as 1 pip.
Smart Global provides the ST5 trading platform and offers a demo account for practice trading. Customers can reach out for support via email at support@smartglobally.com.
Financial Crimes Enforcement Network (FinCEN): Smart Global is regulated under the FinCEN in the United States, holding a Crypto-License with the license number 31000263262302.
This regulation signifies that Smart Global adheres to specific compliance standards and reporting requirements, particularly in relation to cryptocurrency transactions, enhancing its credibility and trustworthiness in financial dealings involving digital assets.
National Futures Association (NFA): On the other hand, Smart Global is not authorized by the National Futures Association (NFA) in the United States.
The NFA is a regulatory body that oversees futures and derivatives markets, and lacking authorization indicates that Smart Global does not hold a common financial service license (License No.: 0561418) from this entity.
Pros | Cons |
Diverse Product Offerings | Unauthorized by NFA |
Regulation by FinCEN | Limited Customer Support Options |
Competitive Leverage and Spreads | Newly Established |
ST5 Trading Platform Available | |
Demo Account Availability |
Pros:
1. Diverse Product Offering: Smart Global offers a variety of trading options, including Forex, precious metals, crude oil, indices, and cryptocurrencies, attracting a wide range of traders' interests.
2. Regulation by FinCEN: Being regulated by the Financial Crimes Enforcement Network ensures that Smart Global adheres to certain compliance and reporting standards, particularly in the realm of cryptocurrency, enhancing its trustworthiness.
3. Competitive Leverage and Spreads: With leverage up to 1:100 and spreads as low as 1 pip, Smart Global offers competitive trading conditions that can appeal to traders looking for high leverage and low-cost trading.
4. ST5 Trading Platform: The provision of the ST5 trading platform offers traders a specialized platform for their trading activities, which could include advanced tools and features for a better trading experience.
5. Demo Account Availability: The availability of a demo account allows potential clients to test the trading platform and practice their trading strategies without risking real money.
Cons:
1. Unauthorized by NFA: The lack of authorization from the National Futures Association (NFA) could be a red flag for traders, particularly those interested in futures and derivatives, as it implies a lack of oversight by this key regulatory body.
2. Limited Customer Support Options: Offering only email support will limit the immediate assistance some traders require, especially in fast-moving market conditions.
3. Newly Established: Being founded in 2023, Smart Global lacks a long-term track record, which will concern traders looking for proven stability and reliability in a financial services provider.
Smart Global offers a wide array of financial trading products across various markets, attracting both individual and institutional clients. Their product range includes:
Smart Global offers leverage of up to 1:100, allowing traders to amplify their trading positions and potentially increase their profits (while also increasing risk).
The platform advertises spreads as low as 1 pip, providing competitive trading conditions by minimizing the cost difference between the buying and selling prices of an asset.
Smart Global offers the ST5 trading platform, an all-in-one CFD trading platform that is highly popular and widely utilized worldwideThe platform is celebrated for its security, reliability, and ease of use, offering a single platform to trade multiple assets like forex, synthetic indices, traditional indices, and cryptocurrencies.
ST5 supports 24/7 trading, allowing traders to engage with the market round the clock using proprietary integrated data. The platform is part of a licensed and regulated entity, reassuring users of its credibility and trustworthiness.
Smart Global provides customer support through their dedicated email address, support@smartglobally.com, where clients can reach out for assistance with their inquiries or issues related to their trading accounts or the platform's services.
The company is based in New York, located at 7th Street, 40 E 7th St, New York, NY 10003, USA, indicating a physical presence where they likely manage their operations and client support services.
Smart Global is a well-rounded financial services provider based in New York, offering a wide array of trading products, including Forex, precious metals, crude oil, indices, and cryptocurrencies.
With leverage up to 1:100 and competitive spreads as low as 1 pip, the platform meets various traders' needs via the ST5 trading platform, known for its robust features and 24/7 trading capability.
Despite being a newer player in the industry, Smart Global emphasizes customer support and is committed to meeting global asset trading and investment needs while reminding clients of the inherent risks involved in trading.
The website of the current dealer is currently unavailable. Hopefully, traders will be aware of the risks and remain vigilant.
What products can I trade with Smart Global?
You can trade Forex, precious metals, crude oil, indices, and cryptocurrencies.
What trading platform does Smart Global use?
Smart Global uses the ST5 trading platform.
What is the leverage offered by Smart Global?
Smart Global offers leverage up to 1:100.
How competitive are Smart Global's spreads?
Smart Global offers spreads as low as 1 pip.
How can I contact Smart Global's customer support?
A: You can contact them via email at support@smartglobally.com.