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What is SmartyTrade?

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SmartyTrade is an online broker providing access to trade forex, stocks, cryptocurrencies, indices, and commodities from a single account. Launched in 2020 and headquartered in the Marshall Islands, SmartyTrade aims to offer a comprehensive multi-asset trading experience with advanced tools, low costs, and quality support. 

Some standout features of the SmartyTrade broker include: 

·         Advanced web and mobile trading platforms with charting, indicators, and drawing tools

·         Low spreads starting at 0 pips for forex pairs like EUR/USD

·         No commissions on cryptocurrency trading

·         Fast order execution with up to 1:500 leverage on CFDs

·         Up to 95% payouts on binary options trades

·         Copy trading functionality to automatically mirror top traders

·         Recurring deposit bonuses, trading contests and giveaways

·         Rapid withdrawal processing within 1 hour

SmartyTrade Forex Trading

With the SmartyTrade broker, the forex traders get an advantage due to raw tight spreads from 0 pips on major currency pairs as high as they can. Leverage up to 1:500 this enables investors to take advantage of the larger liquidity when trading forex CFDs and boost their trading pot. 

Priority liquidity suppliers are crucial in fulfilling the order execution, allowing SmartyTrade forex traders to move in and out of positions precisely and leverage time-based gain opportunities. 

The SmartyTrade proprietary platforms for web and mobile are full of advanced technical analysis, such as customizable charts with up to two dozen indicators, dozens of drawing tools, order execution directly on the chart, and lots more.

SmartyTrade Reviews: What Real Traders are Saying

While on paper, SmartyTrade's offering seems compelling, what really matters is the actual experience of their users. Let's look at some SmartyTrade reviews from popular trading channels and sites: 

On YouTube, veteran trader Evelyn Apple has shared live videos highlighting how she turned $100 to $1000 in 5 minutes trading on SmartyTrade's platform. She confirms seamless forex trading with no glitches, requotes or errors.

Fellow YouTuber and millionaire trader Martin King is also very complimentary of SmartyTrade. He's impressed by their intuitive platform interface and ultra-fast trade execution. King claims to have made over $1 million in profits in 6 months using SmartyTrade, sharing his 90% winrate strategy on his channel.

Both Apple and King rave about SmartyTrade's lightning-fast 1-hour withdrawal times, stating no other broker they've used comes close in terms of quickly getting access to trading profits.

SmartyTrade's copy trading functionality seems to be a highlight for users like Matt Beaman. In his Trustpilot review, Beaman praises how he can "effortlessly profit from multiple proven experts" through SmartyTrade's copy trading feature instead of actively trading himself.

Like him, there are so many others who have shared their personal experiences on Trustpilot and other review sites. This goes to show that the broker is, in fact, legit and helpful to a lot of traders worldwide. 

Is SmartyTrade Legit and Safe?

Our review of the SmartyTrade broker is based on the countless positive real SmartyTrade reviews from professionals trading with the platform who highlight their profits, fast payouts, a good trading condition, and overall experience. It clearly indicates SmartyTrade is a legit and secure brokerage one can trust. 

SmartyTrade, which is still new and has been around for less than a year, has already established an excellent reputation among the trading community for handling withdrawals at quote time, maintaining a strong trading infrastructure and satisfying customer needs.

SmartyTrade Review Summary

Having examined the SmartyTrade offering and services in close detail and especially by getting acquainted with the user feedback, SmartyTrade appears to be a good multi-asset broker that needs to be considered. 

With pricing at a point fair to all parties through tight spreads and zero commission, tools for advanced multi-asset trading, strong safety and security practices, and a well-established client success record, SmartyTrade could be the choice for traders looking to reach the global markets.

FAQs

What markets can I trade with SmartyTrade?

SmartyTrade offers trading across multiple asset classes, including forex, cryptocurrencies, indices, and commodities, all from a single account. You can trade these markets either as binary options or CFDs

What trading platforms does SmartyTrade provide?

SmartyTrade has proprietary web and mobile trading platforms equipped with advanced charting capabilities, technical indicators, drawing tools, and direct order execution from the charts.

What are the trading costs with SmartyTrade?

SmartyTrade offers very competitive pricing, with spreads starting at 0 pips for forex pairs, no commissions on cryptocurrency trading, and up to 1:500 leverage on CFDs.

How quickly can I withdraw funds from SmartyTrade?

One of SmartyTrade's highlighted features is rapid withdrawal processing times within just 1 hour, according to reviews.

Can I copy successful traders with SmartyTrade?

Yes, SmartyTrade offers copy trade feature that allows users to use the trades of the top trading experts as an example, as they replicate their successful trades in order to make consistent profits in a short while like the experts.

This article is part of a featured content programme.
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Published 19 April 2024, 12:16 IST

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