TradeSmart Spreads, leverage, minimum deposit Revealed

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
Founded	1996
Registered Country/Region	Saint Lucia
Regulation	Not Regulated
Market Instruments	Forex, Indices, Commodities, Stocks, and Cryptocurrencies
Demo Account	Not Mentioned
Leverage	Up to 1:2000
Spread	Starting from 0 pips
Trading Platform	MT5
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.

Pros and Cons

Pros	Cons
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”.

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 Instruments	Supported
Forex	✔
Commodities	✔
Stock	✔
Indices	✔
Cryptocurrency	✔
Shares	❌
Metals	❌

Account Type

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

Feature	Micro Account	Standard Account	Raw Account	VIP Account
Trading Platforms	MetaTrader 5	MetaTrader 5	MetaTrader 5	MetaTrader 5
Market Execution	Yes	Yes	Yes	Yes
Spreads from	0.7	0.7	0	0
FX Commission (per lot)	Zero	Zero	$2 ($4 round turn)	$1 ($2 round turn)
Min. Deposit	$50	$300	$300	$10,000
Max Leverage	1:2000	1:500	1:500	1:500
Micro Lot Trading	Yes	Yes	Yes	Yes
Max Lot Size per order	5	50	50	80
Stop Out Level	20%	20%	20%	20%
Min Stop Distance	0	0	0	0
7-day swap-free	No	Yes	Yes	Yes
Free Funding	Yes	Yes	Yes	Yes
VPS Available	Yes	Yes	Yes	Yes
Negative Balance Protection	Yes	Yes	Yes	Yes
Personal Account Manager	No	No	No	Yes
Base Currency	USD/EUR	USD/EUR	USD/EUR	USD/EUR
EA/Scalping/Hedging/News Trading Allowed	Yes	Yes	Yes	Yes
Available Markets	100+ products in FX, Indices, Crypto, Commodities and Stocks	100+ products in FX, Indices, Crypto, Commodities and Stocks	100+ products in FX, Indices, Crypto, Commodities and Stocks	100+ products in FX, Indices, Crypto, Commodities and Stocks

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.

Feature	Micro Account	Standard Account	Raw Account	VIP Account
Max Leverage	1:2000	1:500	1:500	1:500

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.

Feature	Micro Account	Standard Account	Raw Account	VIP Account
Spreads from	0.7	0.7	0	0
FX Commission (per lot)	Zero	Zero	$2 ($4 round turn)	$1 ($2 round turn)
7-day swap-free	No	Yes	Yes	Yes