A cloned platform, we'd to investigate the Smart Trader (Smarttrader.co) review. They have cloned smartrader.com and need to confuse naïve investors that both are similar. The cloned platform is situated in India and has exactly the same homepage as the specific trader's website. After conducting a comprehensive investigation, we discovered that platform is headed for disaster. From time to time, their website gets power down by authorities only to resurface 2-3 weeks later. Investors should read this entire post and spot the differences.
Where is SmartTrader ?
On Deriv, SmartTrader is included within its intuitive suite of trading platforms. The centerpiece of the platform is a platform called DTrader (i.e. it's the very first platform upon login to Deriv).
DTrader has similarities with SmartTrader and there's a DTrader review with this site in addition to a Deriv review. However SmartTrader contains more options and multiplier trade types.
License and Registration of Smart Trader
Smart Trader is not mentioning any compliance on their homepage. Remember this could be a cloned website that has no transparency. They're selling the thought of a platform that's before its time. Without a valid permit from authorities, investors are risking their deposits. The reality that the Indian regulatory body doesn't recognize this platform is reason for worry. You might find no insurance cover for any deposits made with this particular platform. And this spells doom for investors.
With a cloned website come numerous risks such as for example as an example sudden closure of the platform. During our investigation, the website would sometimes go dark. Their homepage would read that something is happening soon. They claim to be focusing on their website to boost their brand presence. They are the reason why they offer when their platform is down. The specific reason is that the platform is facing backlash from regulators. It is much better to steer clear of this sort of platform due to the risks involved.
Why SmartTrader ?
SmartTrader was Binary.com's flagship platform. Binary.com has rebranded and moved to Deriv, but this also contains SmartTrader. SmartTrader offers the absolute most ways currently to trade options and multipliers. SmartTrader could be acquired across the planet, however, many regions have restrictions on what could be traded. SmartTrader is for individuals who need to trade options and multipliers, with fixed time trades from 1 second to 1 year and with the capacity to select a wide selection of trade types. Payouts can vary from less than 100% to raised than 200%, for successful trades https://scamrisk.com/smarttrader/.
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