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/10

Smart Trader

Iraq | 2-5 years |
Suspicious Regulatory License | White label MT5 | Regional Brokers | High potential risk

https://www.smarttraderiraq.com/#/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

SmartTrader-Server

Netherlands
MT5
2

Influence

D

Influence index NO.1

Iraq 2.71

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
SmartTrader-Server MT5
Server Location Netherlands

Influence

Influence

D

Influence index NO.1

Iraq 2.71
Surpassed 19.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+964 07709128787
info@smarttraderiraq.com
https://www.smarttraderiraq.com/#/
https://www.facebook.com/Smart.trader.iraq

Licenses

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

Warning: Low score, please stay away!
2025-07-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region
Iraq
Operating Period
2-5 years
Company Name
Smart Trader Company
Customer Service Email Address
info@smarttraderiraq.com
Contact Number
+96407709128787
Related Software
Biz Area
Website
Company Summary
Comment
Related Software
White Label 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
Perfect

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Score
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Official website

Website

smarttraderiq.com
104.21.19.235
smarttraderiraq.com
104.21.69.150

Company Summary

Smart Trader Review Summary
Founded2018
Registered Country/RegionIraq
RegulationNo Regulation
Market InstrumentsForex, gold, silver, oil
Demo Account
Islamic Account
LeverageUp to 1:300
SpreadFrom 1.2 pips
Trading PlatformMT5
Minimum Deposit$100
Customer SupportPhone: +964 07709128787
Email: info@smarttraderiraq.com
Facebook, Instagram, Telegram, YouTube

Smart Trader is an unregulated financial brokerage firm founded in 2018 and registered in Iraq. It offers various market instruments, including Forex, gold, silver, and oil. The firm provides a demo account for practice, and supports the MetaTrader 5 (MT5) platform. Moreover, Smart Trader offers seven types of accounts, including Islamic accounts, with a minimum deposit requirement of $100. The maximum leverage available is up to 1:300.

Smart Trader's homepage

Pros and Cons

Pros Cons
Demo accounts availableNo regulation
Diverse account typesLimited info on deposit and withdrawal
MT5 platform

Is Smart Trader Legit?

At present, Smart Trader lacks valid regulation. Its domain was registered on Dec 31, 2020, and the current status is “client transfer prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

No license
Domain information

What Can I Trade on Smart Trader?

On Smart Trader, you can trade with currencies, gold, silver, and oil.

Tradable Instruments Supported
Currencies
Gold & Silver
Oil
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Mutual Funds
What Can I Trade on Smart Trader?

Account Type

Smart Trader provides seven types of accounts as well as Islamic accounts. The minimum deposit is $100.

Account TypeIslamic Account (No Swap)Minimum Deposit
Titanium✔️$1,000
Iron✔️$1,000
Cobalt✔️$50,000
Rhodium✔️$50,000
Super Low✔️$100
Platinum✔️$100
Platinum Plus✔️$10,000
Account comparison

Leverage

The maximum leverage is up to 1:300.Note that high leverage can amplify not only profits but also losses.

Account TypeMaximum Leverage
Titanium1:300
Iron1:300
Cobalt1:300
Rhodium1:300
Super Low1:300
Platinum1:200
Platinum Plus1:200

Spreads and Commissions

Account TypeSpreadCommission
Titanium from 2.5 pipsNo commission
Iron from 1.5 pips$10 for each standard lot
Cobalt from 1.2 pips$10 for each standard lot
Rhodium from 2.2 pipsNo commission
Super Low from 1.2 pips$20
Platinumfrom 1.9 pips$10
Platinum Plus from 1.9 pips$5

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Windows, MacOS, iPhone/iPad, AndroidExperienced traders
MT4/Beginners
MT5 platform

Deposit and Withdrawal

Smart Trader supports payments through FastPay, FIB, Remittance Offices, and Smart Trader Head Offices.

Deposit and Withdrawal

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • White label MT5
  • Regional Brokers
  • High potential risk
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