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Level 19, Chifley Tower 1 Chifel Square Sydney
It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
United StatesNFA (license number: 0538951) The regulatory status is abnormal, the official regulatory status is Unauthorized, please be aware of the risk!
The platform induces customers to deposit funds, and then trades on behalf of the customers, causing losses
The platform induces customers to deposit funds, and then trades on behalf of the customers, causing losses. Be careful!
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National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
License Type:Common Financial Service License
Regulated in Country/AreaUnited States
Regulatory License No.：0538951
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :--
Phone Number of Licensed Institution :--
Licensed Institution Certified Documents :Annex1
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation
Established in 2018, SmartTop is a fintech company based in Australia, offering clients access to a wide range of markets including Forex, Precious Metals, shares, indices, commodities, cryptocurrencies, commodities and more. SmartTop is authorized and regulated by NFA in America, with regulatory license number 0538951, and MSB in Canada, wih regulatory license number M202213662.
Tradable financial instruments available on the SmartTop platform include CFDs on forex currency pairs, Precious Metals, Shares & Indices, Futures, Energy, Funds, Crypto Currencies.
SmartTop does not mention its initial deposit requirement. In most cases, most broker would ask traders to fund around $100 to start real trading.
SmartTop can offer the maximum trading leverage up to 1:500, which is considered high. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Micro Trade Size
The minimum volume in lots per trade allowed by SmartTop is 0.01 lots, which sounds a good news for beginners.
Demo Account Available
Demo accounts are a valuable trading tool to help beginners learn how to trade and allow experienced traders to experiment and test new strategies in a risk-free environment. Traders can open demo accounts via Client Portal.
Spreads & Commissions
SmartTop only mentions that it offers low spreads, but does not specify detailed spreads on particular instruments.
Trading Platform Available
SmartTop offers clients the well-rounded MT4 platform. MT4 marries a rich selection of features with an intuitive design, making it great for traders of all levels. The trading platform supports 30 different languages, more than 50 customisable technical indicators, 30 charting options and 9 timeframes.
Deposit & Withdrawal
SmartTop accept Bank Wire transfers, Credit/Debit cards, and some more methods available as per your country of residence. Traders withdraw funds via the same method used to fund your account.
The SmartTop customer support can be reached through telephone: 852 39013250, and email: firstname.lastname@example.org. Address: Level 19, Chifley Tower 1 Chifel Square Sydney
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.