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/10

Clever Trade

Marshall Islands Marshall Islands | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://clever-trade.com

Website

Rating Index

Contact

https://clever-trade.com

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Marshall Islands
Operating Period
5-10 years
Company Name
Berlly World LTD
Email
support@clever-trade.com
Verified Site
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Official Website

Verified Site

  • clever-trade.com
    172.67.161.8
    Server Location
    United States United States
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
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Clever Trade

Related Companies

Berlly World LTD
Marshall Islands
Berlly World LTD
Active
Marshall Islands
Registration No. 106321
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

Note: Clever Trade's official site - https://clever-trade.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Clever Trade Review Summary
Company Name Berlly World LTD
Registered Country/Region Marshall Islands
Regulation Non-regulated
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Commission N/A
Trading Platforms MT4
Minimum Deposit N/A
Customer Support Email: support@clever-trade.com

What is Clever Trade?

Clever Trade is a broker operating under the company name Berlly World LTD and is registered in the Marshall Islands. Despite its operation in the financial marketplace, it's important to note that it is not regulated by a recognized financial authority as indicated on its platform. This lack of regulatory oversight is an essential point of consideration for potential clients looking for security and assurance in their trading activities.

Clever Trade

Pros & Cons

Pros Cons
  • MT4 Supported
  • Dead Website
  • Limited Customer Support
  • Non-regulated
  • Very Limited Info can be found on the Internet

Pros:

  • MT4 Supported: Clever Trade allows users to trade on MT4 platform, which brings great convenience and high flexibility.

Cons:

  • Dead Website: The website of Clever Trade seems to be inactive or non-functional. This significantly impedes the accessibility to information and customer service, which are crucial for traders to make informed decision

  • Limited Customer Support: Clever Trade appears to have limited customer support, which could cause delays or difficulties in receiving assistance for account issues, trading inquiries, or other concerns. This can greatly impact the user experience and the ease of trading operations.

  • Non-Regulated: Clever Trade, operating under Berlly World LTD, is not regulated by any known financial regulatory body. This can be a red flag as it questions the transparency and security measures adopted by the platform.

  • Very Limited Information can be found on the Internet: There seems to be a scarcity of information about Clever Trade available online. This lack of transparency can be a drawback for traders who rely on comprehensive details about a trading platform before deciding to invest their funds.

Is Clever Trade Safe or Scam?

  • Regulatory Sight: Clever Trade is currently not regulated by any other external authority.

No license
  • User Feedback: Generally, we found the customer reviews of this broker mostly negative, users should be more careful of trading on this broker.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Trading Platform

Clever Trade provides its users with the MetaTrader 4 (MT4) platform for trading. MT4 is well-known in the industry for its user-friendly interface, advanced charting capabilities, automated trading ability, and a host of other trading tools. It is also recognized for its extensive back-testing environment where trading strategies can be tested using historical data. Furthermore, it supports a wide range of third-party plugins and extensions, offering traders significant customization capabilities. It allows traders to analyze markets, place orders, and manage their accounts efficiently.

Conclusion

Clever Trade, operating under the company Berlly World LTD, is currently registered in the Marshall Islands but notably lacks regulatory oversight. This, combined with the considerable issues of a non-functional website and limited accessible information online, significantly hampers its credibility and user accessibility. These drawbacks, coupled with limited customer support, raise potential concerns for traders, thus making it advisable for investors to proceed with caution should they consider trading with this platform.

Frequently Asked Questions (FAQs)

Q: Is Clever Trade regulated?

A: No, Clever Trade is not regulated by any recognized financial regulatory body.

Q: What customer support does Clever Trade offer?

A: Clever Trade offers limited customer support which can be contacted via email at support@clever-trade.com.

Q: Are there any known issues with Clever Trade?

A: Yes, the known issues include a non-functional website, limited customer support, lack of regulatory oversight, and scarce information available online.

Q: Is it safe to trade with Clever Trade?

A: Given its lack of regulation, limited customer support, and lack of accessible information, it is not safe to trade with Clever Trade.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Clever Trade safe and reliable?

According to the WikiFX assessment, Clever Trade presents significant safety and reliability concerns. It holds an overall WikiFX score of 1.52, reflecting fundamental issues across multiple evaluation metrics. The broker operates from the Marshall Islands, a region categorized as a suspicious operational jurisdiction for financial services. Crucially, it operates without any valid licenses from established regulatory bodies, placing client funds outside recognized investor protection schemes. This combination results in a very high-risk profile.

In a week
United States

Is Clever Trade regulated?

No, Clever Trade is not a regulated broker. The entity behind the brand, Berlly World LTD, is not authorized by any major tier-1 or tier-2 financial regulators such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). Its registration in the Marshall Islands does not confer legitimate regulatory oversight for forex and CFD trading.

In a week
United States

What is the minimum deposit of Clever Trade?

WikiFX data does not currently list a specific minimum deposit requirement for Clever Trade. For unregulated entities, the deposit threshold can sometimes appear low, but this is not a reliable indicator of safety. It is advisable to verify any such terms directly on the broker's official channels, should they be accessible.

In a week
United States

Does Clever Trade support MT4 or MT5?

The specific trading platform supported by Clever Trade is not explicitly detailed in the available public data. The platform accessibility is a key component of a broker's service offering. Potential clients should confirm the availability of platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) directly with the broker, bearing in mind that platform choice is secondary to the fundamental risk posed by its unregulated status.

In a week
United States
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