FX SmartBull

FX SmartBull Information

FX SmartBull is a broker that is registered in the United Arab Emirates. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, indices, and cryptocurrencies. The broker also provides four accounts. The minimum spread is from 0.0 pips, and the minimum deposit is 25 USD. FX SmartBull is still risky due to its unregulated status.

Pros and Cons

Is FX SmartBull Legit?

FX SmartBull is not regulated, making it less safe than regulated brokers.

What Can I Trade on FX SmartBull?

FX SmartBull offers a wide range of market instruments, including forex, commodities, indices, and cryptocurrencies.

Account Type & Fees

FX SmartBull has four account types: Classic, Variable, Standard, and ECN. Traders who want low spreads and low leverage can choose an ECN account, while those with a small budget can open a classic account.

Leverage

The maximum leverage is 1:500, meaning that profits and losses are magnified 500 times.

Trading Platform

FX SmartBull cooperates with the authoritative MT5 trading platform available in Windows, mobile, and macOS to trade. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Deposit and Withdrawal

The minimum deposit is 25 USD. FX SmartBull accepts Visa, Mastercard, Apple Pay, Google Pay, and PhonePe for deposit and withdrawal. However, transfer processing times and associated fees are unknown.