Score
Smart Global
United States|1-2 years| https://smartglobally.com/en/index
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United States
1-2 years Suspicious Regulatory License Self-developed Suspicious Scope of Business High potential riskFormal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
smartglobally.com
Server Location
United States
Website Domain Name
smartglobally.com
Server IP
104.21.94.131
Company Summary
| 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 |
Overview of Smart Global
Smart Global, established in 2023 in the United States, is an unregulated broker
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.
Is Smart Global Legit?
Smart Global is unregulated by any regulatory authorities.
Pros and Cons
| 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 |
Market Instruments
Smart Global offers a wide array of financial trading products across various markets, attracting both individual and institutional clients. Their product range includes:
- Foreign Exchange: Traders have access to a wide selection of mainstream currency pairs such as EUR/USD, USD/CAD, GBP/USD, and USD/JPY, enabling them to engage in the dynamic forex market.
- Precious Metals: The platform provides spot trading opportunities in various precious metals, including gold (XAUUSD) and silver (XAGUSD), allowing traders to diversify their portfolios with these valuable commodities.
- Crude Oil: Smart Global offers trading in US crude oil (USOIL), providing an avenue for traders to speculate on energy market fluctuations.
- Indices: The platform features trading in major global indices like the Nikkei Index (N225), German Index (GER30), and S&P 500 Index (US500), enabling traders to speculate on broader market trends.
- Cryptocurrency: Traders can engage with the volatile cryptocurrency market through Smart Global, which offers trading in several mainstream digital currency pairs, including Bitcoin (BTC/USD), Ether (ETH/USD), and Ripple (XRP/USD).
How to Open an Account?
- Registration: Visit the Smart Global website and locate the account registration section. Complete the registration form by providing your personal details, such as name, address, email, and phone number. You may also need to provide financial information and your trading experience.
- Verification: To comply with regulatory requirements, Smart Global will ask you to verify your identity and residence. This process typically involves uploading documents like a government-issued ID (passport or driver's license) and a proof of residence document (such as a utility bill or bank statement).
- Fund Your Account: Once your account is verified, you can deposit funds into it. Select your preferred funding method from the options available on Smart Global's platform, follow the instructions to complete the deposit, and choose the currency you wish to use.
Leverage & Spreads
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.
Trading Platform
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.
Customer Support
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.
Conclusion
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.
FAQs
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?
You can contact them via email at support@smartglobally.com.
Risk Warning
The website of the current dealer is currently unavailable. Hopefully, traders will be aware of the risks and remain vigilant.
Keywords
- 1-2 years
- Suspicious Regulatory License
- Self-developed
- Suspicious Scope of Business
- High potential risk
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HINATA9144
Japan
Sakura (friends) of the group LINE are making huge profits in FX trading under the guidance of Kazuhiko Kanzaki and others. I'd like to try it myself, so I was introduced to a member of the group called mymy, and I opened an exchange called Smart Global and ended up depositing 7.1 million yen in four separate payments. With the teacher's guidance, I made a considerable profit and applied for a withdrawal of $70,000. The next day, my withdrawal request was rejected, saying that it was not possible to withdraw money because it had not been a month since the account was opened. Initially, it was said that you could withdraw any amount you wanted at any time. I continued to negotiate to be able to withdraw the money, and was able to withdraw only $3,500. After a month had passed since the account was opened, the person in charge, who identified himself as Masaharu Tokushima, asked to withdraw $40,000. You will be instructed to apply for a transfer from the exchange app, so do so. However, for some reason, I was told that I would not be able to withdraw the money unless I finally paid the full amount of tax on the profits. Of course, I received no such explanation, and was told that I would sue and my account was frozen. If you don't pay the penalty (the name has changed from tax to penalty before you know it) quickly, you will incur a big loss and everyone will laugh at you! It is said. Of course I will pay the taxes I have to pay. They say they will file a tax return according to Japanese rules, but the exchange will do that too! One point tension. At that point I was convinced it was a scam. Now, if you don't pay your taxes quickly, you'll lose everything! Things like this are said. If it's a really decent exchange, I think the Japanese rule is for you to file your tax return yourself. In any case, I would like a full refund of the deposit.
Exposure
03-27
HINATA9144
Japan
If you deposit 7.1 million yen and trade under the guidance of a teacher, your profits will increase in no time. About two weeks after opening the account, I applied for a withdrawal of $70,000, but the next day I was told that the withdrawal could not be made because it had not been a month since the account was opened, so the withdrawal was rejected. I managed to negotiate and was able to withdraw $3,500 the next day. After that, I was told that I could not withdraw money until 10 business days had passed, or that it had not been a month since I opened the account. More than a month later, when I told the person in charge (Masaharu Tokushima) that I wanted to withdraw $40,000, I was asked to complete the procedure through the exchange app, which I did. However, the transfer did not take place, and after several inquiries, I was told that I would not be able to withdraw the money unless I paid the tax on the profits. In the first place, I was never given any explanation that there were any conditions for withdrawals, and even when I asked about it, there was no clear response. I was asked to pay more than $88,000 in taxes on my $40,000 withdrawal. I would like to ask them to pay the tax from there since there is still $360,000 left in their account, but they are adamant that they cannot do that. I don't understand paying $88,000 to withdraw $40,000. In the first place, I don't understand paying taxes as of March, and I don't trust the fact that I can withdraw the entire amount if I pay $88,000. I would like the remaining principal amount of 6.6 million yen to be returned. My children's school fees are being wasted.
Exposure
03-23
ねね
Japan
When I requested a withdrawal for the first time, I was told to apply from the exchange app, so I did so. After about a day of not receiving the money, I contacted the person in charge, Mr. Tokushima, and was told that the money could not be withdrawn because it had not been a month since the account was opened. There was no explanation about this when I opened the account. I managed to negotiate and was able to transfer only 20 minutes of the amount I wanted to withdraw. I was told that it would take 10 business days for the next withdrawal, but I never heard of that! Two weeks later, I had no choice but to contact Mr. Tokushima to withdraw $40,000, and I applied through the exchange app around 9:30 in the morning. I did not receive the money and inquired several times, but there was no clear answer. In the evening, I was told that I would not be able to withdraw money unless I first paid the taxes on the account balance. Of course, this is completely new to me. If that's the case, why didn't you say so in the first place? The principal amount was 7.1 million dollars (approximately 47,000 dollars), but thanks to the guidance of a teacher, the balance exceeded 440,000 dollars. I was told that I would not be able to withdraw money unless I transferred about $88,000 in taxes on the balance. Since I only want to withdraw $40,000, I asked them to pay the tax from the balance in my account, but I can't! One point of tension. I asked them to just give me back the principal, as I would be giving up all profits, but that didn't work either. I talked to the person in charge about what to do, but all they told me was to pay the taxes first. I don't have $88,000. Please help me.
Exposure
03-20
たかっち
Japan
When I requested a withdrawal, I was told that the withdrawal was not possible due to gold futures trading.
Exposure
03-14
Makerup
Peru
I am from india... Any Indians here pls suggest me...ustd Withdrawal and deposit... With out p2p account frozen ... Pls
Neutral
08-27
Runningman
Peru
It would've been much better, if u can reduce the swap charges and provide some encouragement in terms of loyalty points or bonus etc.
Neutral
04-26
Usman Abubakarr
South Africa
Spreads aren't as tight as they said they would be, that's for sure. But I have to say, their ST5 trading platform is pretty good, not worse than MetaTrader.
Positive
07-22
Gapday
Netherlands
I Hold an account with them for 9 months. Every time i contacted support, they are well trained, very polite and helpful. The platform is up and running on both my phone and MT5.
Positive
05-29
Virat Kohli
Malaysia
Straight forward and trustworthy broker. And they post beneficial market and chart analysis.
Positive
05-17