Smart Prime FX Review 2021

Smart Prime FX is an offshore broker offering live, MAM and PAMM accounts.

Smart Prime FX is broker that gives traders access to Forex, CFDs, indices, commodities. Smart Prime FX allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, Smart Prime FX has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

Please note that Smart Prime FX is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

Smart Prime FX Summary

Smart Prime FX is an offshore broker offering live, MAM and PAMM accounts.

Ratings

20%
Trust
50%
Instruments
71%
Features
BonusNone
InstrumentsForex, CFDs, indices, commodities
Demo Account
Min. Deposit$25,000
Min. Trade0.01 lots
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes (EAs)
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Start trading on the financial markets with leveraged CFDs.

Leverage1:100 Retail, 1:200 Professional
FTSE SpreadFloating
GBPUSD Spread1
Oil SpreadN/A
Stocks SpreadVariable

Forex Trading

Trade the most active currency pairs at Smart Prime FX.

GBPUSD Spread1
EURUSD Spread8
EURGBP Spread1
Assets10+

Payment Methods

Smart Prime FX accepts the following payment methods:

  • Credit Card
  • Mastercard
  • Visa
  • Wire Transfer
  • Skrill
  • Neteller
  • FasaPay
  • Perfect Money
  • Webmoney
Risk Warning – Your capital is at risk

FAQ

Is Smart Prime FX Safe?

In our review we gave Smart Prime FX a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that Smart Prime FX is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Smart Prime FX Accept PayPal?

No, Smart Prime FX does not accept PayPal payments.

Is Smart Prime FX Halal?

Yes, Smart Prime FX does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does Smart Prime FX support?

Smart Prime FX only supports the MetaTrader 4 trading platform at this time.

Is Smart Prime FX Regulated?

No, unfortunately Smart Prime FX is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.

Smart Prime FX vs Other Brokers

If you want to compare Smart Prime FX with other brokers, use the detailed comparisons below.

Smart Prime FX vs
Smart Prime FX is an offshore broker offering live, MAM and PAMM accounts.