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Pros

Highly customizable workspaces
Automated technical analysis tools
Supports algorithmic trading and strategy backtesting

Cons

Only supports trade execution for forex
No stock or forex scanners
Trading rooms and smart gauge cost extra

Smart Traders broker Accounts

Smart Trader Account Types

Smart Trader offers a variety of account types to cater to different trading needs and preferences. The available accounts include:

  • Demo Account: Ideal for beginners to practice trading without any financial risk.
  • Silver Account: Requires a minimum deposit of $100, offering variable spreads starting from 3.3 pips with no commission.
  • Gold Account: Requires a minimum deposit of $500, with a commission of $10 and spreads starting from 2.3 pips.
  • Diamond Account: Requires a minimum deposit of $5,000, with a commission of $7 and spreads starting from 2.3 pips.
  • Super Low Account: Requires a minimum deposit of $100, offering a commission of $20 and spreads starting from 1.2 pips.
  • Ultra Low Account: Requires a minimum deposit of $10,000, with a commission of $15 and spreads starting from 1.2 pips.
  • Platinum Account: Requires a minimum deposit of $100, with a commission of $10 and spreads starting from 1.9 pips.
  • Platinum Plus Account: Requires a minimum deposit of $10,000, offering the lowest commission of $5 and spreads starting from 1.9 pips.
  • All accounts, except for the demo account, are Islamic accounts, meaning they operate without swaps. The maximum leverage offered across these accounts is up to 1:200.

    Smart Trader Broker Account Opening Process

    Opening a trading account with Smart Trader is a straightforward process. Heres how you can do it:

    • Visit the Website: Go to the Smart Trader website at smart trader iraq.
    • Choose Account Type: Select the account type that best suits your trading needs.
    • Fill Out the Registration Form: Provide your personal information, including name, email, and phone number.
    • Upload Required Documents: Attach identification documents such as a government-issued ID and proof of address for verification.
    • Fund Your Account: Choose your preferred payment method to deposit funds into your trading account. The minimum deposit varies by account type.
    • Verify Your Account: Once your account is funded, complete the verification process by submitting the necessary documents.
    • Start Trading: After verification, you can access the trading platform and start trading.
    • For any inquiries or assistance during the process, you can contact Smart Traders customer support at info@smarttraderiraq.com or call +964 07709128787.

Smart Traders accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Smart Traders Account