Review SmartSTP.

Scam Alert: SmartSTP – Fraud

Introduction

SmartSTP raises concerns due to multiple complaints, a fake terminal, and signs of fraud.

“A license does not guarantee client protection.”

Key Information

Company Details:

ParameterValue
RegistrationMRL Investments (MU) Ltd, Mauritius
LicenseMauritius FSC (GB21027168)
Company Establishment Year2022
Domainsmartstp.com (since 2018)
PlatformBased on TradingView

Issues Identified:

  • Fragmented information on trading conditions.
  • Uniform retail status without a professional option.
  • Limited platform functionality (single chart, inconvenient navigation).
  • Discrepancies in leverage and spreads versus stated values.

Attention: Offshore licenses do not protect EU and UK clients.

Legal Aspects

The company operates with a Mauritius license but lacks a CySEC license. Information about deposits, swaps, and fund storage remains hidden, increasing risks for traders in regions with strict regulatory requirements.

Platform Functionality Overview

SmartSTP runs on TradingView but has the following drawbacks:

  • Inability to work with multiple charts simultaneously.
  • Inconsistencies in leverage data.
  • Difficult navigation among trading instruments.

Quotes

“Incomplete information undermines trust in the platform.”
“Lack of transparency is SmartSTP’s main flaw.”

Overall Assessment

SmartSTP does not meet modern requirements:

  • Incomplete and scattered data.
  • Limited functionality.
  • Risks for clients in the EU and UK.

FAQ

What are the key issues identified?

Fragmented information, limited functionality, and a dubious legal framework.

What does the license indicate?

The Mauritius license does not meet EU and UK regulatory standards.

Is the platform suitable for experienced traders?

No, it lacks advanced settings and functionality.

Why is there a lack of trust?

Due to hidden information about trading conditions and fund storage.

What risks do clients face?

A lack of transparency and non-compliance with regulatory standards.


SmartSTP requires thorough evaluation before opening an account, especially for traders in regions with high protection standards.

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