smtcooperation is a CFD broker website with a domain registered on March 13, 2023. This broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the smtcooperation (smtcooperation.live) official website, this broker was founded in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed any corporate registration details or comprehensive regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not have any registration records for a company named "smtcooperation".
Thus, smtcooperation (smtcooperation.live) is actually a fraudulent broker website without any corporate entity or regulatory oversight.
Account Opening Process
The account opening process for smtcooperation trading accounts involves visiting the broker's official website, clicking on "Open Account" on the homepage or "Sign Up" at the top right corner of the page, filling out personal information like name and email, setting a login password, and submitting the form. Once the account is verified, the registration is complete.
Investment Plans
smtcooperation offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: $500
- Minimum expected profit: $3,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: $5,000
- Minimum expected profit: $45,000
- Maximum expected profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Compatible with any broker
Trading Platform
smtcooperation offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders processed per second through its comprehensive liquidity providers.
Deposits and Withdrawals
smtcooperation only supports deposits and withdrawals via cryptocurrencies.
Conclusion:
Traderknows reminds investors that smtcooperation is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight, and the only contact method is through email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
