Smart Prime Group Review

Smart Prime Group Logo

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.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Smart Prime Group.

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 Review Trading Platform
Smart Prime Group Review Trading Platform

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 Review Account Types
Smart Prime Group Review Account Types

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.

Forex Robotron Banner
Forex Robotron Banner
Smart Prime Group Review Deposit and Withdrawal Methods
Smart Prime Group Review Deposit and Withdrawal Methods

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.

Smart Prime Group

5.6

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

0.0/10

Features

  • MetaTrader 4 trading platform
  • Level 2 (order flow) platform
  • Educational resources
  • Multiple trading instruments