Note: Clever Trade's official site - https://clever-trade.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is Clever Trade？
Clever Trade is a broker operating under the company name Berlly World LTD and is registered in the Marshall Islands. Despite its operation in the financial marketplace, it's important to note that it is not regulated by a recognized financial authority as indicated on its platform. This lack of regulatory oversight is an essential point of consideration for potential clients looking for security and assurance in their trading activities.
Pros & Cons
Pros:
Cons:
Dead Website: The website of Clever Trade seems to be inactive or non-functional. This significantly impedes the accessibility to information and customer service, which are crucial for traders to make informed decision
Limited Customer Support: Clever Trade appears to have limited customer support, which could cause delays or difficulties in receiving assistance for account issues, trading inquiries, or other concerns. This can greatly impact the user experience and the ease of trading operations.
Non-Regulated: Clever Trade, operating under Berlly World LTD, is not regulated by any known financial regulatory body. This can be a red flag as it questions the transparency and security measures adopted by the platform.
Very Limited Information can be found on the Internet: There seems to be a scarcity of information about Clever Trade available online. This lack of transparency can be a drawback for traders who rely on comprehensive details about a trading platform before deciding to invest their funds.
Is Clever Trade Safe or Scam？
User Feedback: Generally, we found the customer reviews of this broker mostly negative, users should be more careful of trading on this broker.
Security Measures: So far we haven't found any information about the security measures for this broker.
Trading Platform
Clever Trade provides its users with the MetaTrader 4 (MT4) platform for trading. MT4 is well-known in the industry for its user-friendly interface, advanced charting capabilities, automated trading ability, and a host of other trading tools. It is also recognized for its extensive back-testing environment where trading strategies can be tested using historical data. Furthermore, it supports a wide range of third-party plugins and extensions, offering traders significant customization capabilities. It allows traders to analyze markets, place orders, and manage their accounts efficiently.
Conclusion
Clever Trade, operating under the company Berlly World LTD, is currently registered in the Marshall Islands but notably lacks regulatory oversight. This, combined with the considerable issues of a non-functional website and limited accessible information online, significantly hampers its credibility and user accessibility. These drawbacks, coupled with limited customer support, raise potential concerns for traders, thus making it advisable for investors to proceed with caution should they consider trading with this platform.
Frequently Asked Questions (FAQs)
Q: Is Clever Trade regulated？
A: No, Clever Trade is not regulated by any recognized financial regulatory body.
Q: What customer support does Clever Trade offer？
A: Clever Trade offers limited customer support which can be contacted via email at support@clever-trade.com.
Q: Are there any known issues with Clever Trade？
A: Yes, the known issues include a non-functional website, limited customer support, lack of regulatory oversight, and scarce information available online.
Q: Is it safe to trade with Clever Trade？
A: Given its lack of regulation, limited customer support, and lack of accessible information, it is not safe to trade with Clever Trade.
Risk Warning
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.
