Smart Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-22 14:08

Abstract：Smart, a financial company based in Vanuatu, is estabished in 2018 and holds a offshore license. It offers Forex, Commodities, Indices, Shares, and Cryptocurrencies via the MT4 platform.

　　Note: Smart's official website: https://www.smartfxbroker.com is currently inaccessible normally.

Smart Review Summary
Founded	2018
Registered Country/Region	Vanuatu
Regulation	VFSC (Offshore)
Market Instruments	Forex, Commodities, Indices, Shares, Cryptocurrencies
Demo Account	❌
Leverage	Up to 1:400
Spread	From 2 pips
Trading Platforms	MetaTrader 4 (MT4)
Minimum Deposit	/
Customer Support	Phone: +678 7773222
Customer Support	Email: support@smartfxbroker.com

　　Smart, a financial company based in Vanuatu, is estabished in 2018 and holds a offshore license. It offers Forex, Commodities, Indices, Shares, and Cryptocurrencies via the MT4 platform.

Pros and Cons

Pros	Cons
MT4	Non-functional website
Multiple assets	Offshore license
	Lack of transparency
	Limited account types

Is Smart Legit?

Regulatory Status	Offshore Regulated
Regulated by	VFSC
Licensed Institution	SMART SECURITIES & COMMODITIES LIMITED
Licensed Type	Retail Forex License
Licensed Number	40491

What Can I Trade on Smart?

　　On Smart, you can trade with Forex, Commodities, Indices, Shares, and Cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
CFDs	❌
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Shares	✔
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type/Leverage/Spread

　　The “SMART” account type offers high leverage up to 1:400 and spreads starting from 2 pips for basic currency pairs. We didn't find info about initial deposit requirements.