Last Updated, Aug 29, 2021, 6:15 PM Cyber Security
Smart Trade Group review Full Broker Review
cyber-security

The Forex market, as the most highly profitable and liquid market, attracts millions of traders around the world. Initially, only large institutional investors – hedge funds or the largest banking structures – had access to the world community, with the arrival of private investors on the Forex market, the working conditions began to change. Private traders do not have such broad financial resources as funds, therefore brokers develop special trading conditions and account for them.

For trading to be successful, it is important to choose the right partner – a broker that provides clients with access to the foreign exchange market.

Smart Trade Group Review

Before choosing a broker for work, an investor needs to familiarize himself with the trading conditions and opportunities. Forex trading is conducted around the clock, five days a week, which provides additional opportunities for earning (a long trading day compared to the working day of the stock markets, earnings on swaps, and high leverage). Smart Trade Group review is a brand that operates as a legal entity of Lencher ExpPro. The company’s representative office is registered and located on the ground floor of the St Vincent Bank LTD building at Damemes Street, Kingstown, Saint Vincent, Grenadines.

Smart Trade Group review from clients is a serious approach to work, which is implemented through:

  • work with different types of accounts: standard and Islamic;
  • a wide range of trading instruments: indices, currency pairs, cryptocurrencies, commodities and CFDs;
  • leverage depending on the type of account and financial instrument up to 1: 400;
  • bonus to the account 20% of the deposit amount (to withdraw the received bonus funds, the client must reject the total volume of lots equal to ¼ of the accrued bonus, trading is carried out on an account with a maximum allowable leverage of 1: 100);
  • the minimum withdrawal amount from the account is from $ 50;
  • the broker does not charge a commission for withdrawing funds to a bank card;
  • instant execution of market orders.

Security of trading through a broker

Smart Trade Group reviews of clients about the broker notes the high-security standards of transactions carried out on the company’s accounts. The service provides secure operation with the following measures and restrictions:

1. Policy “KYC” (know your client), which should be used in any financial institution in order to identify the identity of the client (and the inability to use the account by third parties) who perform financial transactions on the account. Any transactions on the account – replenishment of the deposit or withdrawal of money are available only after verification of the account. After filling out a short form, a personal account is registered. Any transactions will not be available until the user provides personally identifiable documents. Additionally, the support service can request the details of the bank card, which is used to perform financial transactions in the service.

2. AML (Anti-Money Laundering) or anti-money laundering rules, which the company also follows in order to prevent money laundering through broker accounts obtained as a result of illegal or criminal activity.

Important. Smart Trade Group review from traders notes that after registering a personal account, it is recommended to immediately upload the documents necessary for personal identification. Verification can take up to 48 hours, no financial transactions on the account are available. Including making a deposit.

Modern trading platform

Smart Trade Group review presents the broker as a client-oriented partner. The company offers to trade on accounts using the most popular and convenient trading platform – Metatrader4 (MT4). The app is available in the following variants:

  • Through a mobile application (for iOS or Android);
  • Web application (MT4 webTrader). Which is available in your account online;
  • Terminal MT4 for work on a personal computer.

The shopping application has earned the popularity of millions of users. An intuitively simple and straightforward interface (easy to work for both a beginner and an experienced investor), a wide range of indicators for full-fledged technical analysis: the price movement chart is available in four types (candles, bars, linear or tick) and free use made the program a favorite of most forex traders.

Customer Support

To resolve any issues that arise when working with a broker or trading accounts, the Smart Trade Group review of investors notes several ways to contact the company’s managers:

  • through a request in your personal account on the broker’s official website;
  • contacting the broker’s email address;
  • a call to the phone number of the customer service department.

Output

Smart Trade Group review shows clients that the broker applies all modern standards to ensure safe and efficient Forex trading. The availability of the foreign exchange market, high intraday volatility (many instruments show returns of up to 100-500% in one trading day) and aggressive advertising of Forex trading with promises of quick and easy earnings with minimal investment attract millions of users every day.

Confirmation of the reliability of the Smart Trade Group broker is considered: high requirements for account security – mandatory verification before depositing an account, adherence to international financial standards KYC and AML, a bonus program, and no commissions when withdrawing profits.