RS Finance Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-09 16:18

Abstract：　　Rich Smart is a financial trading firm founded in 2015 and registered in Saint Vincent and the Grenadines. It is regulated by the Australian Securities and Investments Commission (ASIC) and offers various tradable instruments: forex, indices, cryptocurrencies, commodities, precious metals, and stock CFDs. Rich Smart provides two main account types: ECN and Standard, along with an Islamic account option. What's more, it supports MT4 and MT5 platforms.

Rich Smart Review Summary
Founded	2015
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	ASIC, FSA (Offshore Regulated)
Market Instruments	Forex, Indices, Cryptocurrencies, Commodities, Precious Metals, Stock CFDs
Demo Account	✅
Islamic Account	✅
Leverage	1:500
Spread	From 1 pip (Standard account)
Trading Platforms	MT4, MT5
Minimum Deposit	/
Customer Support	24/7 support, Contact form
	Email: support@richsmartfx.com
	Address: Suite 310, Griffiths Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines.

　　Rich Smart is a financial trading firm founded in 2015 and registered in Saint Vincent and the Grenadines. It is regulated by the Australian Securities and Investments Commission (ASIC) and offers various tradable instruments: forex, indices, cryptocurrencies, commodities, precious metals, and stock CFDs. Rich Smart provides two main account types: ECN and Standard, along with an Islamic account option. What's more, it supports MT4 and MT5 platforms.

Pros and Cons

Pros	Cons
Regulated by ASIC	Offshore regulated FSA license
24/7 customer support	Unclear minimum deposit
Demo accounts available
A wide range of trading products
Multiple payment methods
MT4 and MT5 platforms

Is Rich Smart Legit?

　　Yes, Rich Smart is currently regulated by ASIC, holding a Straight Through Processing (STP) License. However, its Retail Forex License under the FSA is offshore regulated at present.

Regulated Country	Regulated Authority	Regulated Entity	Current Status	License Type	License Number
	The Australian Securities and Investments Commission (ASIC)	RICH SMART FINANCE PTY LTD	Regulated	Straight Through Processing (STP)	000441277
	The Seychelles Financial Services Authority (FSA)	RICH SMART FINANCE LTD	Offshore Regulated	Retail Forex License	SD219

What Can I Trade on Rich Smart?

　　On Rich Smart, you can trade with Forex, Indices, Cryptocurrencies, Commodities, Precious Metals, and Stock CFDs.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Precious metals	✔
Indices	✔
Stock CFDs	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌
Mutual Funds	❌

Account Type

　　Rich Smart provides two account types: the ECN account and the Standard account. Moreover, it also offers an Islamic account.

Leverage

　　The maximum leverage is up to 1:500 for the forex. Please note that high leverage can bring not only big profits but also great losses.

Account Type	ECN	STANDARD
Leverage (Forex)	1:500
Leverage (Indices)	1:100
Leverage (Commodities)	1:100

Spreads and Commissions

Account Type	ECN	STANDARD
Spread	0 pips onwards	1 pips onwards
Commission	$7/Lot	0

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	WebTrader, Windows, MacOS, iPhone/iPad, Android	Beginners
MT5	✔	WebTrader, Windows, MacOS, iPhone/iPad, Android	Experienced traders