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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

TradeSmart

Saint Lucia Saint Lucia | 1-2 years |
Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://www.tradesmart.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

TradeSmart-Server01

United Kingdom
United Kingdom
MT5
2

Influence

C

Influence index NO.1

Netherlands Netherlands 4.12

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
TradeSmart-Server01 MT5
Server Location United Kingdom United Kingdom

Influence

Influence

C

Influence index NO.1

Netherlands Netherlands 4.12
Surpassed 18.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+359 24963327
support@tradesmart.com
https://www.tradesmart.com/
Meridian Place, Choc Estate, Castries, Saint Lucia
Licenses

No valid regulatory information, please be aware of the risk!

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

Basic Information

Registered Region
Saint Lucia Saint Lucia
Operating Period
1-2 years
Company Name
TradeSmart Capital Limited
Customer Service Email Address
support@tradesmart.com
Contact Number
+35924963327
Account
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
157.50
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

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Score
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Official website

Website

  • tradesmart.com
    104.21.95.146
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

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

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High potential risk
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