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FX SmartBull Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.fxsma..., the company's legitimate regulatory information United StatesNFACommon Business Registration to enhance the security of the company's address Damac Business Tower, Office No 1407/1408, 14th Floor, Business Bay, Dubai, UAE

FX SmartBull Forex Broker

Basic Information

Registered Region
United Arab Emirates
Operating Period
--
Company Name
FX-SmartBull Limited
Abbreviation
FX SmartBull
Company employee
--
Customer Service Email Address
support@fxsmartbull.com
Contact Number
+971554841856
Company Website
Company address
Damac Business Tower, Office No 1407/1408, 14th Floor, Business Bay, Dubai, UAE
Keywords
2-5 years
Regulated in United States
Common Business Registration
MT5 Full License
Regional Brokers
Suspicious Overrun
Medium potential risk

Company profile

FX SmartBull Review SummaryFounded2021Registered Country/RegionUnited Arab EmiratesRegulationNo regulationMarket InstrumentsForex/Commodities/Indices/CryptocurrenciesDemo Account❌LeverageUp to 1:500SpreadAs low as 0.0 pipsTrading PlatformMT5Minimum Deposit25 USDCustomer SupportTel: +971 554841856, +971 555332890Email: support@fxsmartbull.comFacebook/Instagram/LinkedIn/Twitter/Telegram/YouTubeDUBAI OFFICE: Damac Business Tower, Office No 1407/1408, 14th Floor, Business Bay, Dubai, UAESAINT LUCIA OFFICE: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint LuciaRegional RestrictionsIndia, Australia, Belgium, Iran, Japan, North Korea and USAFX SmartBull Information FX SmartBull is a broker that is registered in the United Arab Emirates. The tradable instruments with a maximum leverage of 1:500 include forex, commodities, indices, and cryptocurrencies. The broker also provides four accounts. The minimum spread is from 0.0 pips, and the minimum deposit is 25 USD. FX SmartBull is still risky due to its unregulated status.Pros and ConsPros Cons Low minimum deposit of $25Unregulated24/7 customer supportDemo account unavailableMT5 availableUnspecific transfer time and fee informationSpread as low as 0.0 pipsRegional restrictionsSwap freeNo MT4Various tradable instrumentsCommission freeIs FX SmartBull Legit? FX SmartBull is not regulated, making it less safe than regulated brokers.What Can I Trade on FX SmartBull? FX SmartBull offers a wide range of market instruments, including forex, commodities, indices, and cryptocurrencies.Tradable Instruments Supported Forex✔Commodities✔Indices✔Cryptocurrencies✔Stocks❌ETFs❌Bonds❌Mutual Funds❌Account Type & Fees FX SmartBull has four account types: Classic, Variable, Standard, and ECN. Traders who want low spreads and low leverage can choose an ECN account, while those with a small budget can open a classic account.ClassicVariableStandardECNMinimum Deposit25 USD200 USD1000 USD2000 USDLeverageUp to 1:500Up to 1:500Up to 1:500Up to 1:500Spreads2.5 pips2 pips1.5 pips1 pipsSwap charge0000Commission0000Leverage The maximum leverage is 1:500, meaning that profits and losses are magnified 500 times.Trading Platform FX SmartBull cooperates with the authoritative MT5 trading platform available in Windows, mobile, and macOS to trade. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.Trading PlatformSupported Available Devices Suitable for MT5✔Windows/Mobile/MacOSExperienced tradersMT4❌/BeginnersDeposit and Withdrawal The minimum deposit is 25 USD. FX SmartBull accepts Visa, Mastercard, Apple Pay, Google Pay, and PhonePe for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Rating Index

Classic

Minimum Deposit
$25

Variable

Minimum Deposit
$200
How to login to FX SmartBull?
fx smartbull Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a fx smartbull Account Registering for an account with fx smartbull is a straightforward process that enables you to access a wide range of trading options.

  

FX SmartBull Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  FX SmartBull, officially known as FX Smart Bull Limited, was established in 2022. The company is headquartered in Saint Vincent and the Grenadines and operates primarily from its office located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown. As a private entity, FX SmartBull provides a range of services tailored to individual traders and institutional clients.

  Over the past year, FX SmartBull has developed a reputation for its user-friendly platform and efficient customer service. The broker primarily targets retail forex traders, offering access to various financial markets including forex, commodities, indices, and cryptocurrencies.

  FX SmartBull operates under a business model that focuses on retail forex trading, providing clients with the tools necessary to engage in the global financial markets. The firm emphasizes a commitment to professionalism, transparency, and client satisfaction as part of its core mission.

  

2. Regulatory and Compliance Information

  FX SmartBull is registered with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under the registration number 26805 BC 2022. However, it is important to note that the SVG FSA does not regulate forex trading, which raises concerns regarding investor protection and the regulatory oversight of the broker's operations.

  The company claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that they verify the identities of their clients and monitor transactions for suspicious activity. However, the absence of a solid regulatory framework means that the level of investor protection may be insufficient compared to brokers regulated by more stringent authorities.

  Furthermore, FX SmartBull does not participate in any investor compensation schemes, which means that clients may not have recourse in the event of insolvency or other financial issues. The lack of transparency regarding the segregation of client funds also poses a potential risk for traders.

  

3. Trading Products and Services

  FX SmartBull offers a diverse range of trading products, including:

  • Forex: The broker provides access to over 150 currency pairs, including major, minor, and exotic pairs.
  • CFDs: FX SmartBull offers contracts for difference (CFDs) on commodities such as gold, silver, and oil, as well as indices.
  • Cryptocurrencies: The platform allows trading in more than 20 cryptocurrencies, including Bitcoin, Ethereum, and Ripple.

  The frequency of product updates and the introduction of new trading instruments is not explicitly detailed on their website. FX SmartBull primarily caters to retail clients but also offers services for institutional clients, including potential white-label solutions and asset management services.

  

4. Trading Platform and Technology

  FX SmartBull exclusively utilizes the MetaTrader 5 (MT5) trading platform, which is well-regarded in the industry for its advanced charting capabilities and technical analysis tools. The platform is available on various devices, including:

  • Desktop: Compatible with Windows operating systems.
  • Mobile: Available for both iOS and Android devices.

  The broker operates on an ECN (Electronic Communication Network) model, which allows for direct market access and potentially tighter spreads. The server infrastructure supporting the trading platform is not specified, but the broker emphasizes fast execution speeds and reliability.

  FX SmartBull does not offer proprietary trading platforms or additional trading software, which may limit options for traders who prefer different trading environments. However, the broker does support automated trading through Expert Advisors (EAs) on the MT5 platform.

  

5. Account Types and Trading Conditions

  FX SmartBull provides several account types tailored to meet the needs of different traders:

  • Classic Account: Minimum deposit of $25, with spreads starting from 2.5 pips.
  • Standard Account: Requires a minimum deposit of $200, with tighter spreads starting from 2 pips.
  • Variable Account: Minimum deposit of $1,000, with spreads from 1.5 pips.
  • VIP Account: Designed for high-volume traders, requiring a minimum deposit of $2,000 and offering spreads from 1 pip.

  The leverage offered by FX SmartBull can go up to 1:500, providing traders with significant buying power. The minimum trade size is set at 0.01 lots, and overnight fees may apply, although specific details regarding these fees are not clearly outlined on their website.

  

6. Fund Management

  FX SmartBull supports a variety of deposit methods, including:

  • Bank Transfers: Traditional method, usually slower.
  • Credit Cards: Visa and MasterCard accepted for faster transactions.
  • E-Wallets: Supports Neteller and Skrill for quick deposits and withdrawals.

  The minimum deposit requirement varies by account type, starting from $25 for the Classic Account. Deposit processing times can differ, with e-wallet transactions typically being processed instantly, while bank transfers may take longer.

  Withdrawal methods mirror the deposit options, and FX SmartBull claims to process withdrawals promptly. However, specific fees associated with deposits and withdrawals, as well as any limits on withdrawal amounts, are not clearly stated on their website.

  

7. Customer Support and Educational Resources

  FX SmartBull offers customer support through multiple channels, including:

  • Phone: Available at +971 544572767 and +971 555332890.
  • Email: Support is accessible via support@fxsmartbull.com.

  The support team operates 24/5, covering major trading hours. FX SmartBull provides multilingual support, primarily in English.

  In terms of educational resources, the broker offers various materials, including market analysis, trading tutorials, and webinars to help traders enhance their skills and knowledge. However, the extent and depth of these resources may vary, and specific details on their availability are not provided.

  

8. Regional Coverage and Restrictions

  FX SmartBull primarily serves clients in the Middle East, but its services are available to traders globally. The broker has regional offices in Dubai, UAE, and Mauritius, which may help cater to a wider audience.

  However, FX SmartBull does not accept clients from certain jurisdictions, including countries where local regulations prohibit such services. Specific countries or regions where services are restricted are not explicitly mentioned on their website, leaving potential clients to verify their eligibility before signing up.

  In conclusion, FX SmartBull presents a range of trading options, but potential clients should carefully consider the regulatory environment and the associated risks before engaging with the broker. The lack of robust oversight and transparency may pose significant concerns for traders prioritizing security and investor protection.

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Latest Reviews

Naresh Suthar

Naresh Suthar

India

Very genuine broker. Good spread and fast withdrawal

Positive

06-13

FX5301200222

FX5301200222

India

Very easy to use. 💯 Percentage trusted broker, easy withdrawal. I have multiple accounts in this broker.

Positive

05-24

FX3591924612

FX3591924612

United Kingdom

Once they understood our query, it gets solved immediately, working very hard for us to be a satisfied client. Since the owner started from scratch in this field so he understands all the difficulties, company has good vision and strictly following it to achieve it. Best broker. Helping hands. Advise to everyone to experience them at least once. Thanks 😊

Positive

04-24

FX SmartBull Forex Broker has an overall rating of 3.06, Regulatory Index 1.25, License Index 1.76, Business Index 6.54, Software Index 7.73 Risk Control Index 0.00.
FX SmartBull