Abstract:Smart Markets is said to be an Australia forex broker. Since its website cannot be opened for the moment. We could not find any relevant information on its spreads, commissions, leverage, trading platforms. We assume this broker used to be an illegal platform and run away now.
Unavailable official Website
Since the official website of Smart Markets is currently inaccessible, we were only able to piece together a general picture of Smart Markets as a forex broker by gathering pertinent information from other websites
General Information
Smart Markets is said to be an Australia forex broker. Since its website cannot be opened for the moment. We could not find any relevant information on its spreads, commissions, leverage, trading platforms. We assume this broker used to be an illegal platform and run away now.
Is Smart Markets safe to trade with?
Smart Markets is a trading name owned and operated by Cardiff Global Markets Pty Limited, an Australia registered company. As an Australia-based company, we find no regulatory results about it on the ASIC official website, so we assume that it is a unregulated broker, which is unsafe to trade with. Since the forex market is a lucrative place where lots of forex scams pop up, trying to steal traders hard-earn money. once you register a live account on illegal platform, they will drain up your accounts, steal your money and then run away, while you have nowhere to get back your lost money.
How do scams work?
Contact Info
The Smart Markets customer support can be reached through telephone through telephone at: +61291885063, and email: support@smartmarkets.com.
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
Succedo Markets is a relatively new player in the forex and CFD brokerage arena, with approximately 1–2 years of trading experience. Registered in Saint Lucia and operating in the UAE, this broker has quickly made headlines for its unconventional approach and risk profile.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.