Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
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 | 2-5 years |
Questionable Regulatory License | MT5 Full License | High Potential Risk

https://www.tradesmart.com/

Website

Rating Index

MT4/5 Verification

MT4/5

Full License

TradeSmart-Server01

United Kingdom
United Kingdom
MT5
2

Influence

C

Influence Index NO.1

United States United States 4.20

MT4/5 Verification

MT4/5 Verification

Full License

2
Server Name
TradeSmart-Server01MT5
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

C

Influence Index NO.1

United States United States 4.20
Surpassed 18.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

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

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
TradeSmart Capital Limited
Email
support@tradesmart.com
Contact Number
+35924963327
Account Info
Related Personnel
Business Region
Verified Site
About Us
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
234.00
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect

Users who viewed tradesmart also viewed..

Exness

Exness

8.33
Score
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Exness
Exness
Score
8.33
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Official Website
fpmarkets

fpmarkets

8.88
Score
ECN Account20+ yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
fpmarkets
fpmarkets
Score
8.88
ECN Account20+ yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
XM

XM

9.14
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
XM
XM
Score
9.14
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
TMGM

TMGM

8.58
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
TMGM
TMGM
Score
8.58
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • tradesmart.com
    104.21.95.146
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review 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

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • MT5 Full License
  • High Potential Risk

Wiki Q&A

Is TradeSmart a regulated broker?

TradeSmart Capital Limited operates without regulation from any recognized financial authority, representing a high-risk profile for traders. The broker is registered in Saint Lucia, a jurisdiction that does not provide active oversight or enforce the client fund protections common with major regulators like the FCA or ASIC.

04-02
United States

Where is TradeSmart registered?

TradeSmart Capital Limited is registered in Saint Lucia and has been in operation for 2-5 years. The firm offers trading in over 100 products across Forex, indices, cryptocurrencies, commodities, and stocks via the MetaTrader 5 platform.

04-02
United States

What account types does TradeSmart offer?

TradeSmart offers four main account types: a Micro account with a $50 minimum deposit and leverage up to 1:2000, a Standard account from $300 with 1:500 leverage, a Raw account from $300 with spreads from 0.0 pips and 1:500 leverage, and a VIP account requiring a $10,000 deposit with spreads from 0.0 and 1:400 leverage. All accounts support scalping, hedging, and automated trading via Expert Advisors (EAs).

04-02
United States

¿Cómo identificar si un bróker presenta un perfil de riesgo elevado?

Un bróker puede evaluarse como de mayor riesgo considerando factores como la situación regulatoria, las reclamaciones de usuarios, la seguridad de los fondos y la coherencia de la información pública disponible. En general, los brókers sin regulación válida, con problemas frecuentes de retirada o con un elevado número de reclamaciones suelen presentar mayores niveles de riesgo. En WikiFX pueden consultarse el estado regulatorio, la puntuación integral, los registros de exposición y las opiniones de usuarios como referencia adicional.

Two days ago

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

Two days ago

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

Two days ago

Apa arti broker memiliki beberapa lisensi regulasi?

Broker yang memiliki beberapa lisensi regulasi biasanya beroperasi di berbagai yurisdiksi dan harus mematuhi persyaratan dari beberapa regulator, yang dapat menunjukkan tingkat kredibilitas operasional yang lebih tinggi. Namun demikian, kekuatan pengawasan setiap lisensi dapat berbeda, terutama lisensi offshore. Disarankan memeriksa lisensi dari regulator utama seperti FCA atau ASIC melalui WikiFX.

Two days ago
View More
Write a Review
1
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com