SmartTradeFX Broker Reviews

SmartTradeFX logoSmartTradeFX

Pros

  • MT4 Platform
  • Mobile Trading
  • Accept all EAs
  • Live Chat 24/5
  • Islamic Friendly Accounts
  • Variety of Deposit methods
  • Variety of Base Currencies
  • Account Management ($5,000)

Cons

  • Do not Accept U.S. Clients

Additional Information

Full Name: SmartTradeFX
Year and place of Establishment: 2009, Kingstown, St.Vincent and the Grenadines
Regulators: I.F.S.A + FDR (new Zealand)
Trading Platform: MT4 and Phone
Tradable Instruments: Currencies (Forex), Cfds
Maximum Trade per Ticket (Standard Lots): Unlimited
Spreads: Variable – as low as 0.2 pips
Deposit Methods: credit cards, liberty reserve, bank wire, direct payment (electronic payment)
Base Currencies: USD – EURO – GBP – generally we accept any currency and convert it to account type they choose
Website Languages: English
Hedging, Scalping & News Trading Permitted: Yes
Server Time Zone: GMT+2

Risk Disclaimer

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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