abstrak:Smart Investment Capital, originating from India and extending its reach globally, provides its clientele with an extensive range of financial instruments. It offers options in Precious Metals, Forex Currency Pairs, Indices, Commodities, and Share CFDs. It's critical to point out, however, that the firm presently runs devoid of authorized regulatory oversight, casting potential doubts on its legitimacy and dependability.
Smart Investment Capital Review Summary in 10 Points | |
Founded | 2021 |
Registered Country/Region | India |
Regulation | Unregulated |
Market Instruments | Precious Metals, Forex Currency Pairs, Indices, Commodities, Share CFD |
Demo Account | Available |
Leverage | Up to 1:1000 |
EUR/USD Spread | Starting from 0.0 pips |
Trading Platforms | MT5, WebTrader |
Minimum Deposit | USD 50 |
Customer Support | Contact us form |
Smart Investment Capital, originating from India and extending its reach globally, provides its clientele with an extensive range of financial instruments. It offers options in Precious Metals, Forex Currency Pairs, Indices, Commodities, and Share CFDs. It's critical to point out, however, that the firm presently runs devoid of authorized regulatory oversight, casting potential doubts on its legitimacy and dependability.
In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.
Pros | Cons |
• Multiple instruments | • Unregulated |
• MT5 platform | • Limited customer support |
• Demo account available | • Inconsistent information on accounts/spreads/leverage on its website |
• Segregated funds and negative balance protection | • A report of scam on WikiFX |
• Multiple account types | |
• Zero commission | |
• Tight spreads |
Multiple Instruments: Smart Investment Capital provides a diverse portfolio of trading instruments, offers investors with various interests.
MT5 Platform: The brokerage offers the technologically advanced MetaTrader 5 (MT5) platform to its clients, providing them access to broad-based tools and features for effective trading.
Demo Account Available: An inclusion of a demo account lets beginners and even experienced traders try new strategies without risking actual money.
Segregated Funds and Negative Balance Protection: Client funds are kept separate from company finances and negative balance protection is in place, ensuring that investors don't lose more than their initial investment.
Multiple Account Types: Different levels of accounts accommodate the needs of diverse types of investors.
Zero Commission: Trading at Smart Investment Capital is more affordable by not charging any commission on trades.
Tight Spreads: Competitive spreads starting from 0.0 pip mean reduced trading costs and potentially higher profits.
Unregulated: Being an unregulated entity raises questions about the brokerage's adherence to regulatory standards and security measures in place for client protection.
Limited Customer Support: A lack of extensive customer service options can make problem-solving and communication more complicated for clients.
Inconsistent Information: Confusing or inconsistent information about accounts, spreads, and leverage on the brokerage's website creates doubts and undermines trust.
Report of Scam: A scam report on WikiFX deter interested investors due to concerns about the credibility and safety of Smart Investment Capital.
When considering the safety of a brokerage like Smart Investment Capital or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: Presently, this broker operates without any legitimate regulatory supervision, which indeed casts doubts on its authenticity and dependability.
User feedback: A scam alert report on wikifx about Smart Investment Capital serves as a warning sign, highlighting potential risks and urges caution when dealing with the firm.
Security measures: Smart Investment Capital provides a secure trading environment via Negative Balance Protection, ensuring clients cannot lose more than their deposited funds. Additionally, they segregate client funds from company assets, further safeguarding clients' investments.
Ultimately, the decision to trade with Smart Investment Capital resides with the individual. It is recommended to carefully weigh risks and returns before engaging in any substantial trading activities.
iLimits offers a broad range of more than 1000 market instruments.
These include Precious Metals like gold and silver, which are often seen as safe havens for investment during volatile financial periods due to their sustained value.
Forex Currency Pairs are also available, offering traders exposure to different international currencies and the chance to profit from their fluctuations.
Indices allow traders to invest in whole sectors of national economies, providing opportunities to capitalize on broad economic trends.
Commodities suits the needs of those interested in goods like oil, gas, and agricultural products, providing a diverse portfolio.
Lastly, Share CFDs are available for those intent on profiting from the rise and fall of shares in specific companies without owning the underlying asset.
Smart Investment Capital offers various account types to meet different trading needs.
They offer a demo account for interested clients to familiarize themselves with the platform.
Their Micro account, with a minimum deposit of USD 50, is ideal for beginners. For more experienced or standard traders, they offer the Classic and ECN accounts which require a minimum deposit of USD 500.
High volume traders might opt for the ECN Pro account with a minimum deposit of USD 5,000. Lastly, the Prime account, requiring a minimum deposit of USD 50,000, is designed for premium clients offering exclusive benefits.
Importantly to note, Smart Investment Capital offers a swap-free account option for clients who require or prefer not to engage with swap rates due to religious or other criteria.
However, there's another page on its website shows different information as Standard account with minimum deposit $100, Classic account with minimum deposit $1000, ECN Prime account with $5000, ECN Master account $10000 and ECN Pro account $25000.
For this article, we'll refer to the first version which is the same as the info on the mainpage of the broker's website. Such conflict information raises confusion, if you plan to trade with this broker, you should reach to the broker directly to seek for accurate information and guidlines for informed decision.
Per its website, to create an account with Smart Investment Capital, you should complete the signup form and register first, and then verify account by uploading documents to complete the KYC process. After this step, fund your account and then you can start trading. However, no matter we click the “Register”, “Login” or “CREATE A LIVE ACCOUNT” buttons on its website, the links lead to devoid pages. Thus, if you are interested and would like to trade with this broker, contact with them directly for accurate account opening process to avoid potential loss.
Smart Investment Capital offers a flexible leverage structure tailored to the varying needs of its client base.
For those opting for a Micro account, the firm provides an extremely high leverage ratio of 1:1000, an appealing option for risk-tolerant traders aiming for considerable gains.
On the other hand, the Classic, ECN, ECN Pro, and Prime accounts offer an equally conducive yet comparatively lower leverage ratio of 1:400. This facilitates a balanced trading environment for those who want a mix of substantial potential profits and controlled risk exposure.
Smart Investment Capital offers a highly competitive spread structure to its clients. For Micro and Classic account holders, the spreads start from as low as 1 pip, facilitating cost-effective trading operations. For those with ECN, ECN Pro, and Prime accounts, the brokerage offers even more competitive conditions, with spreads beginning from 0 pip. Coupled with the advantage of zero commissions on trades, this ensures an attractive low-cost trading environment for investors.
Such fee structure makes trading accessible and profitable to all its clients by keeping transaction costs minimal.
Smart Investment Capital provides its clients with the MetaTrader 5 (MT5) trading platform, a popular choice among modern traders. Available across various operating systems including Windows, iOS, and Android, the platform empowers traders to engage with the markets from their preferred devices and locations.
Besides, the brokerage also offers a WebTrader platform, permitting traders to access the markets directly via a web browser without any downloads or installations.
Smart Investment Capital provides a beneficial tool in the form of a Forex Economic Calendar. This tool is invaluable for investors who operate within the vibrant foreign exchange market, as it helps plan trades and strategy around key financial events. The calendar details both the time and date of significant global economic events while also reflecting their possible impact on the forex market. Knitted into the fabric of the platform, this tool offers traders a comprehensive view of influential events that could affect their trading decisions, thus enabling a proactive approach to market trends and changes.
Clients can use numerous payment options such as Bitcoin, UnionPay, Neteller, Skrill, Visa, OkPay, and Bank Wire Transfer, thus ensuring maximum convenience.
In a bid to slash extra costs and facilitate efficient fund management, Smart Investment Capital does not impose any processing fees on deposits or withdrawals. This makes the firm a desirable choice for traders seeking cost-effective and flexible financial transactions.
On WikiFX, there is one report regarding scam which raises concerns and serves as a cautionary signal to traders. We strongly recommend that traders carry out a comprehensive review of all relevant details before making a decision. Our platform is designed to serve as an important resource in your trading journey. If you ever encounter any fraudulent brokers or have personally experienced such malpractices, we strongly urge you to report it in our “Exposure” section. Your contributions are invaluable in helping us achieve our mission, and our expert team will make every effort to respond to your concerns promptly.
Smart Investment Capital's customer support approach appears to be somewhat limited as it primarily involves the use of a 'Contact Us' form. Individuals seeking assistance will have to fill out this form with their inquiries or concerns which the broker's team will subsequently address via email or phone.
It's important for clients to consider this factor when choosing this broker as immediate or diverse customer support options are not be readily available.
To sum up, Smart Investment Capital, based in India, provides a wide range of trading instruments like Forex Currency Pairs, Precious Metals, Indices, Commodities, and Share CFD. However, its unregulated status could raise concerns about the firm's commitment to adhere to regulatory compliance and to protect clients' interests. As such, we advise you to do comprehensive research before commencing any actual trading, or alternatively, consider other brokers that demonstrate a strong commitment to regulatory transparency and client protection.
Q 1: | Is Smart Investment Capital regulated? |
A 1: | No. The broker operates with no valid regulatory oversight currently. |
Q 2: | Is Smart Investment Capital a good broker for beginners? |
A 2: | No. It is not a good choice for beginners because its not regulated by any recognized authority. |
Q 3: | Does Smart Investment Capital offer demo accounts? |
A 3: | Yes. |
Q 4: | What's the minimum deposit Smart Investment Capital require? |
A 4: | The broker demands a minimum deposit of $50. |
Q 5: | Does Smart Investment Capital offer the industry leading MT4 & MT5? |
A 5: | Yes, it offers MT5 on Windows, iOS, Android devices. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.