With its head office in Kingstown, Saint Vincent and the Grenadines, Smart Prime Group is an online trading broker that provides traders with seamless access to the global financial markets: — forex, indices, stocks, commodities, CFDs, and more. The broker was launched in 2018 and operates the STP execution model, which offers access to the interbank markets. They provide traders with the right trading resources, such as the MT4 trading platform, useful trading tools, educational resources, and the services of a reliable client support team. The broker’s other essential features are raw ECN spreads, rapid execution speeds, leverage of up to 1:100, and more. The minimum deposit required to start trading is $25,000.
Smart Prime Group Review Introduction
In this Smart Prime Group review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
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Smart Prime Group Platforms & Tools
The broker’s traders can buy and sell the available financial markets using the MT4 trading platform. It is an advanced trading platform that was launched in 2005 and has since grown to become the choicest trading platform among forex and CFD traders. The MT4 trading platform is replete with various helpful trading tools and advanced trading capabilities, such as technical analysis tools, drawing tools, expert advisors, and more. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers without needing to download or install any additional software, and a mobile app that is designed for smartphone devices running on Android and iOS.
Smart Prime Group Research & Education
The broker provides traders with a good selection of learning resources to improve their trading expertise. These educational resources include learning articles, trading guides, and market news that keeps traders up to date with the latest happenings in the financial markets.
Smart Prime Group Trading Accounts
The following live trading account options are available at Smart Prime Group: Silver ($25,000), Gold ($50,000), and Platinum ($100,000) Accounts. In addition, a demo account option is available to help traders practice their various trading strategies risk-free before implementing them on the live trading accounts.
Smart Prime Group Account Funding
At Smart Prime Group, all clients’ deposit and withdrawal requests are processed using any of the following payment methods: bank wire transfer; credit/debit cards (Visa, MasterCard, and Maestro); and some online payment processors, such as Neteller and Skrill.
Smart Prime Group Customer Service
The broker provides traders with a competent client support team who are polite and prompt in response. The support team is available 24/7 and can be contacted via telephone, email, online form, or by visiting their physical office in Kingstown.
Smart Prime Group Regulation
The broker is not regulated by any known financial authority at the moment. The absence of a strict regulatory policy could discourage prospective clients from opening an account with the broker.
Smart Prime Group Review Summary
Founded in 2018, Smart Prime Group is a retail trading broker that allows traders to buy and sell various financial assets using the MT4 trading platform. There are various learning resources and a reliable client support team available to assist traders. But the broker is unregulated at the moment.
It is worth mentioning that some of the trading products and services in this Smart Prime Group review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Smart Prime Group broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.