popup.error.login.title
popup.error.login.text
About broker
Rating
Without rating
0/10
  • name
    0/10
  • name
    0/10
  • name
    0/10
  • name
    0/10
  • name
    0/10
  • name
    0/10
  • name
    0/10
  • name
    0/10
Users
0
?/10

Overview

SmartTradeFX is a dynamically developing broker that started its operations in 2009 and since that time it has been able to achieve impressive results. Broker cooperates actively with well-known companies, such as JP Morgan Chase, Merrill Lynch, Morgan Stanley, Lava, Barclays, Commerzbank, Currenex, Deutsche Bank and many other famous in the world of finance, which allows SmartTradeFX provide favorable working conditions on the global markets.

Broker offers Forex traders to use one of several trading platforms for trading on the Forex market, one of which allows clients to put money of investors in trust. The minimum floating spread is 0.5 points and a commission is approximately $5 per standard lot.

Novice traders can learn also educational materials about the foreign exchange market both in print and video format.

SmartTradeFX does not stint its Forex bonuses for traders and it offers new customers a bonus of 100%. Regular customers receive for each replenishment of the deposit from10 to 50% of the credited to the trading account sum.

Bonuses

SmartTradeFX awards all its customers with a variety of Forex bonuses for each replenishment of the accounts, used for trading on the foreign exchange market.

A welcome Forex deposit bonus is available for all new customers who while opening an account fund it, using one of the available methods. The deposit bonus for Forex traders comprises at least $25 and at most $500 that equals 100%. When new customers fund the personal accounts, they should send an application form to employees of SmartTradeFX to receive the bonus. The application would be normally considered within 24 hours and the Forex bonus is credited to the trader, who submitted the request. Bonus funds are available for trading on currency pairs, but can not be withdrawn from the account without the commitment of conditions, created by the broker. To make the bonus available for withdrawal, users will need to trade on the international Forex market, increasing a trade turnover and trader will release 1 bonus dollar for each closed lot. The Forex bonus can be used for trading, but in case of drawdown and loss of their own funds of the trader, they are immediately taken from the customer's account.

The Forex bonus will be accrued in the following ways for customers, who decide to credit fairly large sum to the account:

- replenishment from $501 to $2,500 - the bonus is 30%

- replenishment from $2,501 to $10,000 - the bonus is 20%.

Forex bonus for repeated replenishment of the trading account is available for all customers of SmartTradeFX. The bonus amount depends on the sum of money that will be credited to the deposit.

Forex bonuses for repeated replenishment:

- the sum is less than $500 - the bonus is 50%

- the sum is from $501 to $2,500 - the bonus is 15%

- the sum is from $2,501 to $10,000 - the bonus is 10%.

Conditions of receiving the deposit bonus are identical to those given in the welcome bonus, i.e. bonus dollars can be traded and withdrawn immediately in case of commitment of the conditions of the broker.

Training

SmartTradeFX allows all users to study learning materials about trading on the international foreign exchange market, which are published on its website.

Learning materials help novice traders to find answers to the following questions:

- what is the foreign exchange market

- what is currency exchange

- who trades on the foreign exchange market

- what are ask and bid

- what are orders

-what types of trading orders exist

- what is margin trading

- how to calculate gains and losses on a currency pair

- how to control gains and losses.

Many video tutorials are available on the site of the broker SmartTradeFX, but nowadays they are provided only in English.

Terms of trading

Broker SmartTradeFX offers the following trading conditions for traders:

- the foreign currency account (the base currency)

-the minimum deposit is $25

- the leverage is 1:100 - 1:400 (the increase to 1:1000 is possible on request)

- a lot of currency pairs and CFD (securities, gold, silver, futures will be added in the near future)

- spread is fixed from 0.7 pips

- there is a commission.

MetaTrader 4

- multi-language support

- currency quotes - 5 digits

- a wide range of Forex indicators

- addition of new indicators feature

- no trading by one click

- instant execution of order

- installation of Forex advisors (MetaQuotes Language 4)

- automated trading is available

- scalping is available

- quotes export via DDE

- charts printing.

Web Trader

- analog of trading platform MetaTrader 4 that can be used for trading on the Forex market via browser without download of the client program.

SmartTradeFX MAM (for trust management)

- multi-language support

- management of several investors' trading accounts

- a wide range of trading tools

- the full investor control.

Customers of the broker to open one from the several available trading accounts:

- ECN Standard

- ECN Pro

- ECN Vip.

Trading account ECN Standard:

- the deposit is from $2500 to $24999 (it is possible to open it in Euro and pound)

- the minimum lot is 0.01

- the maximum leverage is 1:400

- commission for the standard lot is $10

- spread is from 1.5 pips

- execution of orders - ECN/STP

- access to VPS - 1 month (free of charge)

- online support is available.

Trading account ECN Pro:

- the deposit is from $25 to $2,499 (it is possible to open it in Euro and pound)

- the minimum lot is 0.01

- commission for the standard lot is $7

- the maximum leverage is 1:400

- spread is from 1 pips

- execution of orders - ECN/STP

- access to VPS - 1 month (free of charge)

- online support is available.

Trading account ECN Vip:

- the deposit is from $25000 (it is possible to open it in Euro and pound)

- the minimum lot is 0.01

- commission for the standard lot depends on the trade turnover on the foreign exchange account

- the maximum leverage is 1:400

- spread is from 0.5 pips

- execution of orders - ECN/STP

- access to VPS is not limited

- online support is available.

Forex indicators (recommended)

- Buy Sell Magic

- Trendwave Indicator

- Executive

- Goiler

- Steinitz Fractal Breakout.

Forex expert advisors (recommended)

- Progressor (an automatic Forex advisor that has many settings, allowing traders to use it on any currency pair for intraday trading, including scalping, as well as at long-term distances, but the highest profit is observed)

- FX Nostradamus (an automatic Forex advisor, developed on the basis of moving average and Parabolic indicator and designed for trading on the foreign exchange market at any distance, but recommended for a currency pair EUR/USD in the time frame M-5)

- VSignale v2 (an automatic Forex advisor, based on the Martingale method that allows it to operate at various distance, but it is desirable to use the following currency pairs: EUR/USD, GBP/USD).

Investments

SmartTradeFX offers all customers to use an offer on investment of funds in professional managers, working with specialized trading platform SmartTradeFX MAM. All activities on this platform are transparent and investors may always be aware of the activities of the manager and, if necessary, to use the investor's control feature. Managers receive a certain interest for cash management of investors, which is agreed in advance before obtaining funds.

Unique features

Among the unique features of SmartTradeFX the following utilities, provided free of charge to all traders, can be emphasized:

- Currency Converter

- Pip Value Calculator

- Position Size Calculator

- Pivot Point Calculator.

Besides, the broker provides an opportunity to become a participant of its affiliate program and to receive an extra income from it, which may become in the future permanent for some customers.

The affiliate program has several forms:

- Referrals

- Introducing Broker

- White Label.

The direction Referrals gives the opportunity to attract new customers with the help of individual referral links via various forums, social networks or by the own websites. The partner will receive from attracted clients a lifetime commission from the broker for trading of referrals on the Forex market.

Individuals, who are willing to attract people both via the internet and in real life, can be introducing brokers. All attracted customers will become referrals of the partner and will bring him a good profit on the special compensation scheme, developed by the broker.

White Label will be suitable mostly for legal persons, who want to start a business in the world of Internet trading under their own brands. Broker provides all the necessary materials and support in this direction, as well as a rough business plan for further development in the field of brokerage services.

Add/withdraw funds

SmartTradeFX provides an opportunity for all clients to use the following methods of deposit and withdrawal of funds: QIWI, WebMoney, inpay, Liberty Reserve, VISA, MasterCard and bank transfers.

Contacts

SmartTradeFX supports its customers concerning all possible questions that may arise via online chat, e-mail address [email protected] and via the feedback form, located on the website of the broker. User can also request a call back by filling in a special application form or call +44 20351 42936 (international number) + 7499638 4718 (for Russia).

Cons and pros

+ the dynamically developing broker

+ the minimum deposit is $25

+ small spread

+ good leverage

+ many Forex bonuses

+ learning materials

- no interactive training

- some materials are available only in English.

Editorial rating

?/10

Players rating

0
?/10
Write a review
Typed 0 synbols, min 50, max 2000
Typed 0 synbols, min 50, max 2000
Rate
You rated
0/10
name
0/10
name
0/10
name
0/10
name
0/10
name
0/10
name
0/10
name
0/10
name
0/10
Fill in
Wrong login
Check your login and enter the correct one.
Wrong login
Check your login and enter the correct one.
Deposits made at this casino:
It is necessary to verify your identity. The data is not disclosed or disclosed to third parties. In case of filling you will be credited with a bonus.
Validation error
Check the data you entered is correct