Score

1.76 /10
Danger

TradeSmart

Saint Lucia

1-2 years

Suspicious Regulatory License

MT5 Full License

High potential risk

C

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.61

Risk Management Index0.00

Software Index7.73

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

TradeSmart Capital Limited

Company Abbreviation

TradeSmart

Platform registered country and region

Saint Lucia

Company website

X

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-07-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
TradeSmart · Company summary
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
MT5PC 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

User Reviews

More

User comment

1

Comments

Write a review

ihsancunedioglu
more than one year
Kesinlikle kullanmamanız gereken bir firma , kar yaparsanız işlemleriniz de hiçbir şekilde ödeme yapmıyorlar. O yüzden kimse kullanmasın tavsiye etmiyorum. Merdiven altı bir firma
Kesinlikle kullanmamanız gereken bir firma , kar yaparsanız işlemleriniz de hiçbir şekilde ödeme yapmıyorlar. O yüzden kimse kullanmasın tavsiye etmiyorum. Merdiven altı bir firma
Translate to English
2024-10-25 18:31
Reply
0
0
1