As a trader who joined SmartSTP in November 2024, I initially trusted the platform based on claims of regulation and professional support. However, my experience quickly turned negative due to aggressive and deceptive practices by representatives, resulting in significant financial losses. From the outset, I was pressured to make increasing deposits under promises of substantial returns and exclusive features such as an “Islamic account” exempt from swap fees. Despite depositing over $100,000, these assurances were not honored—swap charges continued, and advised trades led to heavy drawdowns and stop-outs. Representatives repeatedly promoted new “programs” requiring further payments, including insurance fees, shield programs, and even a highly unusual “portfolio purchase” scheme involving a 3% administration fee. They also pushed high-risk trades in XPTUSD and XPDUSD, tied to false promises of an $80,000 credit, which only deepened losses and swap charges exceeding $130,000.