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TradeSmart

WikiFX | 2025-05-09 12:29

Abstract:TradeSmart is an unregulated broker offering trading on MT5 with over 100 instruments, including forex, indices, commodities, stocks, and cryptocurrencies. They provide four account types with varying leverage up to 1:2000, spreads starting from 0 pips, and commission structures. The minimum deposit is $50, and Confirmo deposits are fee-free and instant.

TradeSmart Review Summary
Founded1996
Registered Country/RegionSaint Lucia
RegulationNot Regulated
Market InstrumentsForex, Indices, Commodities, Stocks, and Cryptocurrencies
Demo AccountNot Mentioned
LeverageUp to 1:2000
SpreadStarting from 0 pips
Trading PlatformMT5
Min Deposit$50
Customer Support+359 2 496 3327
support@tradesmart.com, info@tradesmart.com
24/7 live chat

TradeSmart Information

TradeSmart is an unregulated broker offering trading on MT5 with over 100 instruments, including forex, indices, commodities, stocks, and cryptocurrencies. They provide four account types with varying leverage up to 1:2000, spreads starting from 0 pips, and commission structures. The minimum deposit is $50, and Confirmo deposits are fee-free and instant.

TradeSmart Information

Pros and Cons

ProsCons
  • Supports MT5
  • Unregulated Broker
  • High leverage up to 1:2000
  • Commission on Raw and VIP Accounts
  • Provides four account options
  • Limited deposit/withdrawal methods shown

Is TradeSmart Legit?

TradeSmart is an unregulated broker. The domain name tradesmart.com on WHOIS was registered on May 31, 1996; updated on May 30, 2024; and will expire on May 30, 2025. Its present state is “client transfer prohibited”.

Is TradeSmart Legit?

What Can I Trade on TradeSmart?

TradeSmart offers over 100 trading instruments, including forex, indices, commodities, stocks, and cryptocurrencies. Their range of CFD instruments provides diverse trading opportunities.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Stock✔
Indices✔
Cryptocurrency✔
Shares❌
Metals❌
What Can I Trade on TradeSmart?

Account Type

TradeSmart offers four account types, including Micro, Standard, Raw, and VIP:

FeatureMicro AccountStandard AccountRaw AccountVIP Account
Trading PlatformsMetaTrader 5MetaTrader 5MetaTrader 5MetaTrader 5
Market ExecutionYesYesYesYes
Spreads from0.70.700
FX Commission (per lot)ZeroZero$2 ($4 round turn)$1 ($2 round turn)
Min. Deposit$50$300$300$10,000
Max Leverage1:20001:5001:5001:500
Micro Lot TradingYesYesYesYes
Max Lot Size per order5505080
Stop Out Level20%20%20%20%
Min Stop Distance0000
7-day swap-freeNoYesYesYes
Free FundingYesYesYesYes
VPS AvailableYesYesYesYes
Negative Balance ProtectionYesYesYesYes
Personal Account ManagerNoNoNoYes
Base CurrencyUSD/EURUSD/EURUSD/EURUSD/EUR
EA/Scalping/Hedging/News Trading AllowedYesYesYesYes
Available Markets100+ products in FX, Indices, Crypto, Commodities and Stocks100+ products in FX, Indices, Crypto, Commodities and Stocks100+ products in FX, Indices, Crypto, Commodities and Stocks100+ products in FX, Indices, Crypto, Commodities and Stocks
Account Type

Leverage

TradeSmart provides varying maximum leverage across its account types, with the Micro account offering up to 1:2000, while the Standard, Raw, and VIP accounts offer up to 1:500.

FeatureMicro AccountStandard AccountRaw AccountVIP Account
Max Leverage1:20001:5001:5001:500
Leverage

TradeSmart Fees

TradeSmart offers spreads starting from 0.7 pips on Micro and Standard accounts with no FX commission, while Raw and VIP accounts feature tighter spreads from 0 pips with commissions of $2 and $1 per lot, respectively. Additionally, Standard, Raw, and VIP accounts offer 7-day swap-free trading.

FeatureMicro AccountStandard AccountRaw AccountVIP Account
Spreads from0.70.700
FX Commission (per lot)ZeroZero$2 ($4 round turn)$1 ($2 round turn)
7-day swap-freeNoYesYesYes

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

TradeSmart requires a minimum deposit of $50 for Micro Accounts, with no deposit fees.

Deposit Options

Deposit OptionsMin. DepositFeesProcessing Time
Confirmo50 USD/EURCovered by TradesmartInstant
 Deposit Options

Withdrawal Options

Withdrawal OptionsMin. WithdrawalFeesProcessing Time
Confirmo15 USD/EURN/A1-2 business days
Withdrawal Options

Related broker

No Regulation
TradeSmart
Company name:TradeSmart Capital Limited
Score
1.76
Website:https://www.tradesmart.com/
1-2 years | Suspicious Regulatory License | MT5 Full License | High potential risk
Score
1.76

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