9 total
"What eventually brought me to SmartyTrade were the multiple deposit"
What eventually brought me to SmartyTrade were the multiple deposit and withdrawal methods available that would enable me to fund my trading account. Being able to choose from credit and debit cards, e-wallets, bank transfers and other alternatives creates an unimaginable convenience for moving money in and out. On the other hand, I see one big gap, which is that this platform does not work on MetaTrader 4 or 5 trading platforms. In my view, their system is advanced and has more customizing tools and indicators than our in-house software. Considering SmartyTrade is integrated with MetaTrader, the technical analysis and trade execution experience would become more exciting.
Date of experience: April 25, 2024
"In the course of the recent upswing in bitcoin rates"
In the course of the recent upswing in bitcoin rates, I was very willing to gain from this bullish trend through the use of binary options on the cryptocurrency. SmartyTrade's instant deposit and withdrawal feature was a lifesaver for me because it enabled me to quickly put money in to play and then take out my profit after winning trades. This precious flexibility in exploiting market conditions when it was quickest was very significant. My only concern with SmartyTrade is that they are a relatively new brokerage that cannot boast of a long history and a solid reputation as well. However, the flawless cash processing made me sure to take part in quick happenings like the bitcoin rally.
Date of experience: April 17, 2024
"SmartyTrade's copy trading service"
In the last month alone, SmartyTrade's copy trading service has already enabled me to earn my portfolio a net value of $900 and more. And this is not the most amazing part at all - by watching how the professional traders that I copy do their jobs, I have gained useful techniques and intuition that I would not have been able to learn by myself. Copy trading is a precise method to earn money when you get a one-on-one mentor during the course.
Date of experience: April 09, 2024
"The profit-enhancing ability is massive."
What really allows SmartyTrade to stand apart is their ability to offer up to 1:500 leverage on binary options trades. That amplified leverage has empowered me to maximize profits on winning positions compared to other brokers with more limited leverage. For example, when I had a hot streak trading oil contracts last week, I was able to turn an initial $750 stake into $1,940 in profits thanks to that high leverage. Most other brokers would have severely capped my upside. Of course, leverage does increase risk, but as an experienced trader, I'm able to manage that properly. The profit-enhancing ability is massive.
Date of experience: March 13, 2024
"SmartyTrade's copy trading"
As a new trader still honing an edge, I greatly benefit from SmartyTrade's copy trading. It lets me automatically piggyback on the portfolios of tested experts. Rather than pick my own trades, I allocate capital across multiple successful veterans. This diversification smooths results, as some outperform while others trail in varying conditions. Just last month, I evenly distributed $3k to copy five pros and netted $450 despite two showing losses. My account grows steadily without me choosing any trades! My only critique is that detailed statistics filters would allow better copy trader customization. But thus far, the set-it-and-forget-it approach has boosted my novice account nicely.
Date of experience: February 01, 2024
"The SmartyTrade's guaranteed 1-hour withdrawal"
Not long ago, I had to withdraw a significant sum of money to seize a time-sensitive investment opportunity, but I was concerned about potential delays. Fortunately, SmartyTrade's guaranteed 1-hour withdrawal processing proved to be reliable! They quickly deposited the entire payout into my account in a mere 29 minutes, even though it was a substantial amount. Having quick and easy access was incredibly convenient when I needed it the most. Although SmartyTrade may not have a long track record, their quick payout speed and high-quality service have gained my trust. Being able to withdraw large amounts of money quickly is extremely valuable when it comes to taking advantage of time-sensitive financial opportunities.
Date of experience: January 01, 2024
"I've been mostly satisfied trading forex at SmartyTrade"
I've been mostly satisfied trading forex at SmartyTrade thanks to reliable order execution and fast 1-hour withdrawals. However, unlike other brokers, their desktop and mobile platforms feel clunky and unintuitive. The platform doesn't integrate with the MT4 or MT5 application. If they smoothed the platform interfaces, usability would improve significantly. But backend execution speed and payments compensate somewhat for the front-end platform weaknesses. At the end of the day, fast withdrawals keep me active. I have been able to make several successful withdrawals since I started using SmartyTrade, which goes to show they are legit.
Date of experience: November 26, 2023
"SmartyTrade's copy trading feature"
I have greatly enjoyed SmartyTrade's copy trading feature as a new trader. It lets me automatically replicate the trades of successful investors on their platform, helping me learn profitable strategies in real time. While inherent risks exist, I've earned solid returns mirroring expert portfolios. I control my risk parameters but can sit back as the trades come in. My only suggestion is more transparency about how master trader portfolios are chosen to copy. But the actual copy trading tool makes diversifying across top traders' strategies simple and educational as a beginner.
Date of experience: November 18, 2023
"Weekend Trading is Awesome, But Deposits Are Slow"
I love that SmartyTrade allows 24/7 trading and market access, even throughout the weekends. This awesome flexibility finally lets me react to major news events, economic shifts, and price movements at times when other platforms are closed. No more sitting helplessly off-hours! However, my sole critique is that SmartyTrade's actual deposit speed seems to lag a little behind competitors offering literal instant transfers. But for me, the around-the-clock trading access on nights and weekends far outweighs the minor deposit processing delay. For nearly uninterrupted access, SmartyTrade's weekend trading capabilities are fantastic.
Date of experience: October 05, 2023
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