Core Smart Income is a Contract for Difference (CFD) broker with a website domain registered on December 23, 2022. This broker primarily provides investment services for markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services in countries or regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to information publicly available on the Core Smart Income website (www.coresmartincome.com), the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed its corporate registration details or specific regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not list any regulated company named "Core Smart Income."
Therefore, Core Smart Income (www.coresmartincome.com) is essentially a fraudulent broker site with no corporate entity or regulatory backing.
Account Opening Process
To open a trading account with Core Smart Income, visit the broker's website, click on "Open Account" in the top right corner, fill in personal information such as your name and email, set a password, and submit. After verification, the account can be successfully registered.
Trading Products:
Core Smart Income offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves currency exchange, known for its high liquidity, enabling traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific sector without trading individual stocks. By exploring popular indices, diverse trading opportunities with high leverage can be discovered.
- Commodities: Commodity trading covers essential resources in global markets, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning from price changes and dividends without holding the actual stock.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
Core Smart Income 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 Package
- 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
Core Smart Income offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over comprehensive liquidity providers and more than 12,000 orders executed per second.
Deposits and Withdrawals
Core Smart Income only supports deposits and withdrawals through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Core Smart Income is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.