Overall Rating: ★☆☆☆☆ (1.6/5.0)

Smart Trade Group is an offshore forex and CFD broker claiming to offer a wide range of assets, flexible leverage, and cutting-edge platforms. However, despite a slick website and marketing materials, the broker is not regulated by any recognised financial authority, and user reports suggest serious issues with withdrawal delays, aggressive sales tactics, and lack of transparency. With no legal safeguards, Smart Trade Group appears to be a high-risk operation that may expose clients to potential scams or fund loss.

This review examines the broker’s trading environment, platform offering, regulatory standing, and overall credibility as of 2025.

Key Features

Smart Trade Group promises a modern trading experience with several account tiers and access to popular instruments, but many of its claims lack independent verification.

• Trading Platforms:
  • Proprietary web-based platform (no MT4 or MT5)
• Markets Offered:
  • Forex, commodities, indices, stocks, cryptocurrencies
  • No detailed asset list published
• Account Types:
  • Multiple tiers (Basic, Silver, Gold, VIP) with unclear distinctions
• Leverage:
  • Up to 1:400, depending on account level
• Minimum Deposit:
  • From $250
• Funding Methods:
  • Credit/debit cards, bank wire, crypto wallets

Regulation and Security

Smart Trade Group is not regulated by any top-tier financial authority. It claims to be “compliant” and “secure” but does not disclose a valid regulatory licence number.

• No regulation by FCA, ASIC, CySEC, or other major bodies
• No legal recourse or investor compensation
• No transparency about corporate structure or licensing jurisdiction
• Website registered anonymously
• No proof of client fund segregation or audit reports

This lack of oversight places Smart Trade Group firmly in the high-risk broker category.

Pricing and Costs

The broker does not clearly publish its spreads, commissions, or swap fees, which raises concerns around hidden costs.

• Spreads:
  • Claimed to be competitive, but not independently verifiable
• Commissions:
  • Not disclosed; may be included in spreads
• Deposit/Withdrawal Fees:
  • Unclear, but numerous complaints of excessive withdrawal charges
• Inactivity Fee:
  • Likely applies, though not transparently stated

Educational Resources and Customer Support

Smart Trade Group has no substantial educational material or detailed training content for traders.

• Education:
  • Minimal – mostly general market definitions
• Market Analysis:
  • Occasional blog posts with low value
• Customer Support:
  • Email and phone support
  • No live chat
  • Numerous reports of high-pressure sales calls and unresponsive support teams

Risk Management Tools

Risk controls are minimal, and traders must rely entirely on platform-based functionality.

• Basic stop-loss and take-profit orders only
• No guaranteed stop-loss or negative balance protection
• No margin alerts or automated safeguards

Pros and Cons

Pros

• Wide asset coverage claimed
• Leverage up to 1:400
• Crypto deposits accepted

Cons

• Unregulated and unlicensed
• Numerous complaints about withdrawal fraud and scams
• No MT4/MT5 platform support
• No transparency on fees, costs, or company registration
• Poor or aggressive customer service

Conclusion: Is Smart Trade Group the Right Choice?

Smart Trade Group is not a trustworthy or recommended broker. It lacks regulation, transparency, and any meaningful safeguards for clients. Traders should consider this broker high-risk, with red flags consistent with potential scam operations. For safe and secure trading, always choose regulated brokers with a proven track record like IC Markets, AvaTrade, or Pepperstone.