SMT Capital claims to be registered in Switzerland and headquartered in Zurich, but there is no confirmation. Besides, the owner of the site states in the Terms of Use that the Company is allowed to provide brokerage services with the permission of some authority. However, there are no copies of such permission and license documents. It is worth noting that the broker does not disclose the history and start date of the project. As for the domain, it was registered only in September 2023.
Is it safe for you to trade on this platform? We will study the terminal functionality and the company’s legal documents, after which we will conclude the legitimacy of its activities.
Trading Conditions
SMT Capital offers a proprietary terminal that you should download to your device. It provides access to several trading assets, including crypto, forex, commodities, and NFT. You can fund your accounts via bank transfers, or credit/debit cards.
The user can choose an account from 5 tariff options structured by the minimum deposit amount. The number of services and benefits increases with each successive account level. Here are the details of the different account types:
- Basic from $1,500 – Access to 5 different markets, 7-day managed account trial, Leverage 1:25.
- Silver from $25,000 – Bonus up to 30%, 1 free monthly withdrawal, Leverage 1:25.
- Gold from $50,000 – Bonus up to 50%, 1 free weekly withdrawal, Leverage 1:50.
- Platinum from $150,000 – Bonus up to 75%, 1 free weekly withdrawal, Leverage 1:100.
- VIP account – minimum deposit is not disclosed, 1 market research per month, 1 fully protected trade per month, Leverage 1:200.
SMT Capital provides crypto-staking services for holders of digital assets, promising a passive income of 5% per month. The broker does not disclose exact details such as spreads, commission rates, and withdrawal processing times to traders. You will find articles, expert analyses, guides, and tutorials on this platform. Technical support is available via online chat.
FAQ
Would investing in SMT Capital offer the best returns?
It is unlikely that you will make a profit on the terminal of an anonymous broker, your cooperation will rather result in a loss of funds. The company claims to operate in Switzerland, but European regulators, for example, forbid brokers to set leverage higher than 1:30 to minimize traders’ risks.
Does SMT Capital carry out withdrawals?
According to our deep dive into the trading conditions of this platform, we see that the company can refuse to withdraw money to a client without giving any reasons. Terminal users often leave comments about the broker's ignoring of their withdrawal requests. You can also share your experience in a review.
May I be scammed on smtcap.com?
Yes, we see signs of scamming. For example, if you download an unknown trading platform on your PC, you may get viruses along with it, which open access to your confidential information. In addition, the broker uses a cheap interface template, it may have no access to the financial market, no legal entity registration, and no license.
What's the best way to share my experience with SMT Capital?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.