SmartTrader Review

A cloned platform, we'd to investigate the Smart Trader (Smarttrader.co) review. They have cloned smartrader.com and desire to confuse naïve investors that both are similar. The cloned platform is situated in India and has the identical homepage as the specific trader's website. After conducting an extensive investigation, we learned that platform is headed for disaster. From time to time, their website gets power down by authorities simply to resurface a few weeks later. Investors should read this entire post and spot the differences.

Where is SmartTrader ?

On Deriv, SmartTrader is roofed within its intuitive suite of trading platforms. The centerpiece of the platform is really a platform called DTrader (i.e. it's the first platform upon login to Deriv).

DTrader has similarities with SmartTrader and there's a DTrader review on this web site along with a Deriv review. However SmartTrader contains more options and multiplier trade types.

License and Registration of Smart Trader

Smart Trader isn't mentioning any compliance on their homepage. Remember this could be a cloned website that has no transparency. They're selling the idea of a platform that's before its time. Without a valid permit from authorities, investors are risking their deposits. The facts that the Indian regulatory body does not recognize this platform is reason for worry. You will dsicover no insurance cover for almost any deposits made with this specific platform. And this spells doom for investors.

With a cloned website come numerous risks such as for example like sudden closure of the platform. During our investigation, the internet site would sometimes go dark. Their homepage would read that something is happening soon. They claim to be focusing on their website to enhance their brand presence. They are exactly why they give when their platform is down. The specific reason is that the platform is facing backlash from regulators. It is better to steer clear of this type of platform because of the risks involved.

Why SmartTrader ?

SmartTrader was Binary.com's flagship platform. Binary.com has rebranded and moved to Deriv, but and also this contains SmartTrader. SmartTrader offers probably the most ways currently to trade options and multipliers. SmartTrader can be acquired across the planet, however, many regions have restrictions on what could be traded. SmartTrader is for folks who desire to trade options and multipliers, with fixed time trades from 1 second to 1 year and with the ability to select a wide variety of trade types. Payouts may vary from less than 100% to raised than 200%, for successful trades.

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