FX SmartBull Forex Broker

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.