Smart Trade Group Review
Trying to sort through the thousands of online brokers in the financial markets can be incredibly frustrating and most people end up signing up with a random one because of it. However, you need to remember that doing your due diligence can and does pay off in the long run because you don’t have to worry about switching platforms due to a problem and can have an optimal and profitable trading experience. One of the choices you will find is Smart Trade Group and no matter how eagerly you want to sign up, it is a good idea to ask some questions. This is where you will find the following Smart Trade Group review helpful.
Once you go through this review, you will have answers to some common questions about Smart Trade Group and this will make it easier to decide if it is capable of fulfilling your trading needs or not. Established by Lencher ExPro LLC, Smart Trade Group is a forex and CFD broker operating from St. Vincent and the Grenadines and enjoying a lot of market attention. What should you know about it? Let’s find out:
What markets can you access here?
The first and most important question to ask about Smart Trade Group is about the markets you can access on this platform. After all, your profits depend on the markets and instruments you are trading, so it does make a big difference. This is a multi-asset broker that provides its clients access to various markets in one place, saving them from the hassle of opening several trading accounts. In fact, you will find that they have added some of the top trading instruments from each market, which makes them even more lucrative.
You will be able to trade in the foreign exchange market, stock and indices market, the hot cryptocurrency market and the stable commodities market. With such variety, those using Smart Trade Group will have no trouble in diversifying their portfolio, which can keep your trading risks low and help you give your profits a boost.
Is there any security?
You need to ask about a broker’s security because cybersecurity risks are quite prominent and you don’t want to be a left vulnerable. A quick look reveals that Smart Trade Group hasn’t taken this aspect lightly at all and they are committed to providing peace of mind to their clients through top-notch security measures they have implemented. These start with the use of advanced SSL (Secure Socket Layer) encryption that keeps all data safe from prying eyes by encrypting it right away.
As far as your funds are concerned, segregated accounts are maintained by Smart Trade Group and they do not use their client deposits for any of their own obligations. They are set aside for trading activities only and will be returned in the case of a bankruptcy. In addition, they also comply with the renowned AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policy for enhancing security. These policies require account verification through documents for proof of identity and proof of address, which can prevent any fake accounts.
What trading platform is available?
One of the most crucial offerings of any online broker is their trading platform i.e. the software that they provide for trade execution. You will discover that Smart Trade Group has made no compromises here and offer their clients the award-winning and renowned MetaTrader4 (MT4) trading platform. It is a popular option and top choice of all professional traders in the market. It uses sophisticated technology for providing a feature-rich environment.
The intuitive interface of the MT4 platform makes it easy to navigate and Smart Trade Group enables its clients to choose from its desktop client, WebTrader as well as mobile trading apps for Android and iOS, giving a lot of flexibility.
The answers to these questions make it apparent that Smart Trade Group knows what it is doing and is fully capable of delivering a profitable trading experience.