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 the 2 are similar. The cloned platform is situated in India and has a similar homepage as the particular 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 only to resurface a couple 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 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 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 can be a cloned website that has no transparency. They're selling the idea of a platform that's before its time. With no valid permit from authorities, investors are risking their deposits. The truth that the Indian regulatory body does not recognize this platform is reason for worry. You might find no insurance cover for just about any deposits made with this platform. And this spells doom for investors.
With a cloned website come numerous risks such as for instance like 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 improve their brand presence. They are the reason why they give when their platform is down. The particular reason is that the platform is facing backlash from regulators. It is better to stay away from this type 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 may be acquired across the planet, however, many regions have restrictions on what might be traded. SmartTrader is for folks who need 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 significantly less than 100% to raised than 200%, for successful trades Source Link.
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