SmartyTrade is a relatively new entrant in the online trading space, offering investors access to a broad selection of global markets. Positioned as a comprehensive platform, SmartyTrade allows users to trade forex, CFDs, cryptocurrencies, commodities, and even binary options—all through an easy-to-use web interface and mobile apps.
About SmartyTrade
SmartyTrade International Limited is officially registered in the Marshall Islands under license number MH96960. While the platform markets itself globally, it’s important to note that SmartyTrade is not regulated by major financial authorities, which can raise concerns around security and counterparty risk. Investors should consider this factor carefully when evaluating the platform.
Trading Instruments & Account Options
Wide Range of Assets
SmartyTrade supports a diverse range of trading instruments, including:
- Forex CFDs: Trade major, minor, and exotic currency pairs.
- Commodities & Indices: Access to gold, oil, FTSE, S&P 500, and more.
- Cryptocurrency CFDs: Trade Bitcoin, Ethereum, and other digital assets.
- Binary Options: Potential payouts up to 95% on correct predictions.
Leverage & Spreads
- Leverage of up to 1:500 for CFD positions—attractive for traders seeking amplified exposure.
- Competitive spreads starting from 0 pips in forex markets, aimed at high-frequency or professional traders.
Trading Platforms
SmartyTrade offers browser-based trading along with dedicated Android and iOS apps, enabling users to trade anytime, anywhere. Key features include:
- Real-time price charts and news feeds
- One-click trade execution
- Customizable technical indicators
- User-friendly interface for all skill levels
Copy Trading Feature
For beginners or passive investors, SmartyTrade offers a copy trading system. This allows users to automatically replicate the strategies of top-performing traders on the platform, helping those with limited experience gain exposure to market movements without manual trade execution.
Customer Support & Educational Resources
- 24/7 multilingual customer support is available via live chat, phone, email, and even video calls—serving regions across North America, Europe, and Asia.
- The Education Center includes a basic FAQ section. However, it lacks in-depth educational content such as webinars, trading courses, or advanced tutorials.
Conclusion
SmartyTrade delivers a wide range of trading options and tools that cater to both beginners and experienced investors. Its appeal lies in high leverage, copy trading functionality, and a user-friendly platform. However, the lack of regulation from top-tier authorities introduces higher counterparty risk, which investors must take into account.
For those comfortable with the elevated risk and seeking high-payout trading opportunities, SmartyTrade may serve as an intriguing choice—especially when paired with its rapid withdrawals and referral bonuses. Still, practicing strong risk management and due diligence is essential.
