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Overview

Company SmartTradeFX started its operations in 2009. It has been able to achieve significant results since that time.

Currently its Head Office is located in the UK, and its branches are situated in Malta, Canada and Russia. The official website of the company is available in Russian, Chinese, Arabic, English, Spanish and Indonesian.

Clients who have just started to learn Internet trading are provided with a large number of educational materials, including video tutorials, guides and numerous lessons about trading on the Forex market.

Numerous promotions, held by the broker, allow traders to increase considerably their trading volumes due to Forex bonuses, received for free.

Trading platform Meta Trader 4, many currency pairs and CFDs are available for clients. In the near future broker promises its customers to provide access to trading bonds, securities, futures and options on very attractive conditions.

Bonuses

Promotions for traders, which participants can become owners of various Forex bonuses, are periodically held on the official website of the SmartTradeFX.

The promotion Cosmic Acceleration takes place periodically on the site of the broker, and allows customers to obtain an impressive 300% Forex deposit bonus. Customers need just to fund a trading account in the amount of $50 in order to become participants of this promotion, and the broker accrues immediately to their personal accounts the Forex bonus of 150 dollars. Forex bonus can be used since its accrual in currency trading and trading CFDs.

Forex 200% bonus is available for new customers of the SmartTradeFX Company. New customers will need to register on the site of the broker, open a trading account and fund it in the amount $25 in order to become its owner. Then they should undergo verification by downloading identity documents on the website of the company, and send an application form for a Forex bonus. Forex bonus has its maximum that is equal to $500 despite the sum which is transferred to the account. Bonus funds can be used in trading on the international financial markets, or they can be cashed by meeting simple requirements of the broker. Clients should close 1 standard lot for each bonus dollar on the financial markets.

Deposit Forex bonus up to 100% can be obtained by all clients of the broker, who have decided to make a deposit. The size of the bonus for the first replenishment of the account in this promotion reaches 100%, and depends on the credited sum.

Calculation of Forex deposit bonuses:

- deposit is up to $500 - Forex bonus is 100%

- deposit is from $500 to $2500 - Forex bonus is 30%

- deposit is from $2500 to $1,000 - Forex bonus is 20%.

Forex bonus in the amount of 50% of the credited sum is provided in case of the secondary replenishment of the account.

Rules for bonus withdrawal Forex 200% bonus are similar to Forex 200% bonus.

All Forex bonuses are removed by the broker if clients lose their own funds, and they can not be used in cease of drawdown, respectively.

Training

A wide range of materials about the Forex market and other financial markets are available for novice traders on the official site of the SmartTradeFX Company.

Learning materials about Internet trading.

1. International Forex market:

- overview of the foreign exchange market

- structure of the foreign exchange market

- main participants of the Forex market

- Central and Commercial Banks and their direct influence on the Forex market

- currency pairs

- how foreign exchange rates are formed

- what are ask and bid

- what are points

- types of trading orders

- what is margin and how to use margin trading correctly

- how to calculate expected profits and possible losses in currency trading.

2. Technical analysis of the Forex market:

- what is technical analysis

- technical indicators and their use in practice (moving averages, indicator RSI, Stochastic, Bollinger Bands)

- support and resistance

- Japanese candlesticks (candlestick analysis, based on the widespread patterns)

- trends and how to identify them correctly

- how to use trends for making profits.

3. Fundamental analysis of the foreign exchange market:

- what is fundamental analysis

- indicators that are used in analysis

- major indicators

- general economic indicators

- sentiment indices.

4. Video tutorials about Internet trading:

- who is a broker

- what is CFD and how to trade it

- what are pips on the Forex market

- advantages of Forex compared to other markets

- basics of technical analysis

- how to trade on news

- how to register with SmartTradeFX

- how to open an account in SmartTradeFX

- how to make a deposit in SmartTradeFX.

Customers of the company have the opportunity to start trading currency pairs on a demo account, which saves them from the risk of losing their own finances, as they will work with virtual money, but using real quotes of the Forex market.

Terms of trading

SmartTradeFX offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $25

- the leverage is from 1:1 to 1:400 (the leverage 1:1,000 is provided on request)

- thirty four currency pairs and CFD

- execution - ECN/STP

- market spread is from 0.5 points

- the minimum lot size is 0.01.

MetaTrader 4

- multi-language support

- order execution - Instant and Market Execution

- embedded Forex indicators

- addition of new technical indicators

- elaboration, creation and installation of Forex expert advisors MetaQuotes Language 4

- export and import of quotes

- chart printing.

Company SmartTradeFX offers three types of accounts for trading on the global financial markets:

- ECN Standard

- ECN Pro

- ECN VIP.

Trading account ECN Standard:

- the minimum deposit is $25

- the maximum deposit is $2,499

- spread is from 1.5 points

- commission fee is $10 per standard lot

- VPS is free of charge (during one month after opening an account).

Trading account ECN Pro:

- the minimum deposit is $2,500

- the maximum deposit is $24,999

- spread is from 1.0 point

- commission fee is $7 per standard lot

- VPS is free of charge (during one month after opening an account).

Trading account ECN VIP:

- the minimum deposit is $25,000

- the maximum deposit is unlimited

- spread is from 0.5 points

- commission fee depends on the trading volume per month

- VPS is free of charge.

Forex indicators (recommended)

- Detrended Price Oscillator

- Pattern Recognition Master

- Volumes

- Force Index

- Standard Deviation.

Forex expert advisors (recommended)

- BasketFX (an automated Forex expert advisor that is able to trade on the market both with the trend and against the trend, as well as without it, as it uses precise mathematical analysis for operations, allowing it to make profits practically in case of any behavior of the currency market)

- Binario (an automated Forex expert advisor that can use quite well all kinds of moving averages, giving it an opportunity to make profits in any time frame and operating with any currency pair)

- Ichimoku Chinkou Cross (an automated Forex expert advisor, named after the indicator Ichimoku of the same name, on a basis of which it is created, and it allows this expert advisor to earn on the currency market in case of the correct approach).

Investments

If desired, clients of the company SmartTradeFX can invest their funds in professional traders through MAM system, provided by the broker, even if they do not have time to trade on the Forex market. Using MAM system, investors can transfer their accounts, which will always be under their constant supervision, in trust management. Investors choose their own traders, whom they are ready to give their funds in management. They agree on the interest rate, which will be paid to the manager, the lot size, the deposit sum, and other parameters for trading on the Forex market Forex.

Unique features

Company SmartTradeFX offers its traders unique opportunities of using Forex calculators in currency pairs trading.

Forex calculators:

- Currency Converter

- Pips Calculator

- Position Size Calculator

- Pivot Point Calculator.

Broker invites traders to become its partners and start earning money using its comprehensive program.

The affiliate program includes several directions:

- Web Agent

- IB-Representative

- Counterparty

- Asset Manager

- White Label.

To become members of the affiliate program, traders should send an application to employees of the broker, who will contact potential partners and offer the most suitable for them directions. All partners receive commission fees from customers whom they invited, which depend on the total trading volume, made by them. Commission fees are paid monthly, and each partner can track his income on a personal account.

Add/withdraw funds

Customers of the SmartTradeFX can use the following methods to deposit and withdraw their funds from the accounts: Web Money, Inpay, Qiwi, Visa, MasterCard and bank transfer.

Contacts

SmartTradeFX provides its traders with support in all questions relating to internet trading via the feedback form, located on its official website, by email [email protected], as well as by phone: + 44-20-351-429-36 (international) and + 7-499-638-47-18. Traders can also request a call back using a simple application form.

Cons and pros

+ the world renowned broker

+ the minimum deposit is $25

+ small spread

+ good leverage

+ a wide range of learning materials about trading on the currency market

+ various Forex deposit bonuses

- no contests for traders.

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