Trading financial markets through an online broker can sometimes be complicated, but SmartyTrade makes it easy. This broker aims to provide traders with the best platforms and tools to capitalize on market moves. On this platform, you can trade currencies, commodities, indices, and cryptocurrencies as Options, CFDs, or forex.
This guide will walk you through the key steps of starting a SmartyTrade broker account. We will cover everything from the signup process to cashing out.
Overview of a SmartyTrade broker account
A SmartyTrade broker account provides access to trade hundreds of financial instruments across forex, cryptocurrencies, commodities, and indices. You can trade these markets as Options, Forex, and CFDs (Contracts for Difference) on their user-friendly platforms. With its simple user interface, traders can access multiple technical analysis tools to make profitable predictions on any market.
Accounts come in three tiers – Bronze, Silver, and Gold – each with unique features and benefits tailored to your trading needs. There is also a VIP account that comes with added benefits such as rollovers, huge bonuses, and optimized payouts. SmartyTrade offers ultra-tight spreads from 0 pips and up to 1:500 leverage on all account types.
Rapid withdrawals in as little as 1 hour ensure quick access to funds when needed. SmartyTrade also provides dedicated multilingual customer support 24/7 via phone, email, and live chat to help with any questions or issues.
Opening a SmartyTrade broker Account
Opening a trading account with SmartyTrade is fast and straightforward through these simple steps:
- Click the “Sign Up” button at the top menu. This will open the new account registration form.
- Fill in your full name, email address, phone number, and full name. This registration form only takes 1 minute to complete. Agree to the Terms & Conditions and submit the form.
- You will then be taken to your user dashboard, your trading terminal. Click on “Add funds,” then select an account category that best suits your budget and investment plan. Fund your account through a debit/credit card, crypto like Bitcoin, or e-wallet services like Neteller, Skrill, or WebMoney.
- To set up your withdrawal methods, you must upload a valid government-issued ID document like a passport or driver’s license for identity verification. The approval process is usually very fast.
How to trade?
Once your SmartyTrade account is funded, you can begin analyzing markets and executing trades across forex, cryptocurrencies, commodities, and indices. Follow these steps for effective trading:
- Click on the plus icon on the top menu bar to select an asset to trade, either as Binary Options or Forex & CFDs. There are over 100 forex pairs, Indices, commodities, and cryptocurrencies you can trade.
- To begin Smartytrade forex trading, use technical analysis tools to predict price movement. The platform has over 100 indicators, including RSI and moving averages, and technical tools like trendlines, Fibonacci, and more.
- After your analysis, simply click Buy or Sell, according to your trading strategy and bias at that given time. Once you’ve made a profit, click on your profile icon, then click withdraw funds.
Conclusion
This SmartyTrade review has outlined the steps from opening your SmartyTrade account to how to trade on it. Don’t miss your chance to start trading with this broker. Visit their website to open an account in minutes.
FAQs
How can I contact customer support?
You can reach SmartyTrade’s multilingual customer support 24/7 via live chat, phone, and email. The team is always available to assist you.
Does SmartyTrade offer social trading features?
Yes, through their CopyTrader tool, you can automatically copy successful traders. This allows you to benefit from expert strategies.
What is the minimum deposit?
The minimum deposit to open a SmartyTrade account is $20 on the Bronze account. You can fund your account via card, bank transfer, or e-wallet services.