Smart FX Vest Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 18:28

Abstract：Smart FX Vest appears to be an unregulated online trading platform that offers 250+ trading instruments, including Forex, CFDs on Shares, Futures, Indices, Metals, and Energies. Additionally, it claims to provide its clients with leverage up to 1:1000, floating spreads from 0.5 pips, and commission-free trading via 3 different live account types.

　　Note: Smart FX Vest's official website - https://smartfxvest.com/ is currently inaccessible normal.

Smart FX Vest Review Summary
Founded	/
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	250+, Forex, CFDs on Shares, Futures, Indices, Metals, Energies
Demo Account	/
Leverage	Up to 1:1000
Spread	From 2 pips (Classic account)
Trading Platform	/
Min Deposit	$100
Customer Support	Live chat, contact form
Customer Support	Email: support@SmartFxVest.com
Regional Restrictions	The United States, Cuba, Iraq, Myanmar, North Korea, and Sudan

　　Smart FX Vest appears to be an unregulated online trading platform that offers 250+ trading instruments, including Forex, CFDs onShares, Futures, Indices, Metals, and Energies. Additionally, it claims to provide its clients with leverage up to 1:1000, floating spreads from 0.5 pips, and commission-free trading via 3 different live account types.

Pros and Cons

Pros	Cons
Various market instruments	Unfunctional website
Three account types	Unregulated status
No commissions	High spreads on the Classic account
Flexible leverage ratios	Only email support
Multiple payment options	Regional restrictions
No deposit and withdrawal fees
Live chat support

Is Smart FX Vest Legit?

　　No, Smart FX Vest operates without valid regulation, which means trading on this platform your fund is not safe.

What Can I Trade on Smart FX Vest?

　　In its advertising, Smart FX Vest claims to provide access to more than 250 trading instruments, including Forex, CFDs on shares, futures, indices, metals, and energies.

Trading Asset	Available
Forex	✔
CFDs	✔
Metals	✔
Energies	✔
Indices	✔
Shares	✔
Futures	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type/Leverage/Fees

　　Smart FX Vest claims to offer 3 types of trading accounts - Classic, Pro and ECN, with minimum initial deposit requirements of $100, $500 and $10,000 respectively.

Account Type	CLASSIC	PRO	ECN
Min Deposit	$100	$500	$10,000
Max Deposit	$1,000	$5,000	Unlimited
Max Leverage	1:1-1:500	1:1-1:400	1:1-1:100
Spread	From 2 pips	From 1.2 pips	From 0.5 pips
Commission	❌

Deposit and Withdrawal

Payment Option	Min Deposit	Deposit/Withdrawal Fee	Deposit/Withdrawal Time
MasterCard	$100	❌	Instant
Visa
WeChatPay
SoFortüberweisung			2 hours
American Express			Instant
Giropay			2 hours
Ideal			Instant
Maestro
JCB
China Union Pay
Skrill			2 hours
Neteller			Instant
WebMoney			3-5 working days
Yemadai			Instant
Local Deposit and International Deposit			5-7 working days