SmartTop Review

About SmartTop

SmartTop (operating via domains such as smarttop-gl.com and portal.smarttopgl.com) provides contracts for difference (CFDs) across forex, precious metals, shares & indices, futures, energy, funds, and cryptocurrencies via the MetaTrader 4 trading platform; maximum leverage is up to 1:500; it offers bank wire and credit/debit card deposit methods and a demo account is available. The broker claims an Australian base at Level 16, 580 George St, Sydney, NSW 2000 and gives a phone number +61 0289079538 and email support@smarttopgl.com. Minimum deposit, commissions, spreads, base currencies, swap‑free accounts, hedging/scalping/EA policies, and investor protection scheme (NBP) information are not disclosed.

SmartTop is not regulated or licensed by any recognised financial regulatory authority such as ASIC (Australia), IIROC (Canada), or SFC (Hong Kong); searches in their registries returned no results. Its domain was reportedly registered much later than the claimed founding date (domain effective date December 31, 2019; claim of being established in 2018). The absence of regulatory oversight means client funds are not legally protected under any compensation scheme.

Pros and cons

Pros

• Offers CFDs across multiple asset classes including forex, metals, shares, indices, futures, energy, funds, and cryptocurrencies
• Provides access to the widely used MetaTrader 4 platform
• Allows high leverage (up to 1:500)
• Demo account available

Cons

• No valid regulatory licences or oversight—unregulated broker (ASIC, IIROC, SFC searches yielded no matching licences)
• No disclosure of minimum deposit, spreads, commissions, base currencies, swap‑free options, or trading policy details such as hedging/scalping/EA rules
• Client funds are not protected through any investor compensation scheme due to lack of regulation
• Domain registration date contradicts claimed founding date (domain active from 2019 despite “established in 2018” claim)