|Ratings||Regulation||Max Leverage||Spread on Majors||Minimum Deposit||Platform|
|8||N/A||1:400||1.5 pip (Platinum Accounts)||$250||MetaTrader 4|
In-line with its name, FSMSmart offers its clients smart ways to trade in the volatile financial markets. It has been one of the longest-standing and pioneering Forex brokers across the globe with the support from its current operating manager, FSM Smart Ltd.
FSMSmart also provides superior trading conditions for international clients while prioritizing the safety and security of every client’s account and transactions.
Since its launch, FSMSmart has dedicated its efforts in providing its clients with the best technology and services offered in the financial industry. Some of the services it offers include daily technical and fundamental analyses, interactive courses, and 24/5 customer support.
FSMSmart offers various trading instruments including currencies, stocks, commodities and CFDs.
The brokerage uses MetaTrader 4 or MT4 which can be accessed on the web, and android or iOS devices.
Clients may choose from a wide-range of deposit and withdrawal methods through Visa, Master Card, Bitcoin, Ethereum, YANDEXMONEY, and QIWI.
FSMSmart’s clients are offered welcome bonuses for their initial deposits.
FSMSmart is an STP Forex and CFDs broker. It offers trading opportunities for more than 250 assets, including currencies, precious metals, commodities, and shares & indices.
With its advanced trading platform, reliable pricing, flexible leverage up to 1:400, enabled scalping and competitive low spreads, FSMSmart aims to provide its clients with a leading edge in trading the dynamic financial markets.
The broker heavily relies on one of the top online Forex trading platforms used worldwide: the MetaTrader 4. The platform serves as a gate of their traders and the financial market. Their trading capabilities and strategy executions are fully maximized with the platform’s simple but complete interface. The full MT4 experience gives traders automatic order sending, placement of trailing stops, order modification, full trade automation, and other operations.
MetaTrader 4 also offers single account trading in different types of trading, multiple instrument tracking market watch window, a vast number of top indicators used in technical analysis and automated tools. FSMSmart, along with other Forex brokers that offer MetaTrader4, has the ability to add automated and algorithmic trading via Expert Advisor bots plugin.
Trading bots allow traders to write down their own indicators and run simulations with the use of historical data. This is made possible through the MetaTrader 4 platform’s MetaEditor feature. Gaining access to this feature can be possible by clicking the “Tools” button and selecting the “MetaQuotes Language Editor”. Another, and much easier, way to access it is by clicking the MetaEditor icon tha ca be found on the MT4 platform’s toolbar. There are reviews and educational articles available online discussing more about this feature and how to properly utilize it.
The MetaTrader 4 platform has received multiple reviews that show the multi-faceted platform’s capabilities and strengths. Reviews regarding the platform also cover the possible solutions to any problems that a trader might encounter while using the MetaTrader 4 platform.
Educational articles and online reviews also teach traders to find reliable brokers that will help them attain their goals as quick and efficiently as possible. Expert brokers are provided to every client of FSMSmart. This allows traders to be at ease when it comes to making decisions regarding their trades. They can obtain professional advice and guidance from brokers the will review every trade and decisions that the clients make, before inputting their own opinions for the betterment of the client’s trading experience.
The FSMSmart MetaTrader 4 is available on devices running on Android and iOS. The MT4's mobile compatibility makes FSMSmart traders access ongoing trading platforms and transactions, positions, price alerts, account balance, and real-time market status anytime and everywhere.
Additionally, MetaTrader 4 also boasts a massive community consisting of people who posts reviews regarding the trading platform. The vast community helps make sure that any and all sorts of possible problems and questions will be answered and covered through the numerous reviews.
The advanced web-trading program FSMSmart WebTrader is linked to any client's MT4 account designed for a wide access in the global market in an instant and manages trades easier. The web platform is accessible on any web browsers with an internet connection.
The web program provides various features such as social trading, opening, and closing trading positions, making secure deposits, placing limits, accessing over 30 built-in indicators, and many more. Experts Advisors are enabled, and enjoy ultra-fast execution without requotes!
Reviews attest to the convenience of having a client’s MetaTrader 4 account synced to their home or office personal computers. It has made tracking and making any changes to each trader much easier and without the hassle of updating every device one at a time.
Meanwhile, FSMSmart offers four different account types depending on the trader's minimum deposit. The broker also provides a demo account which comes preloaded with $100,000 in virtual cash. With the demo account, potential clients of FSMSmart can try out the trading platform without having to risk any of their money.
Online articles and review sites all recommend the use of a demo account before using the client’s own money. In this way, as multiple reviews show, the client can practice and hone their skills without the fear of losing any or all of their savings in one go.
The accounts under Islamic accounts or swap-free accounts are customized for religious beliefs that prevent Forex traders to receive or pay swaps in compliance with the Sharia law. FSMSmart’s Islamic account gives clients under the account an additional swap-free option without being charged during overnight positions of swaps or rollover interests.
FSMSmart website and customer support is supported in English, Russian, Italian, Portuguese and Spanish. There is also a live chat option available, making it possible to reach the firm’s customer support instantly. Clients are invited to voice out any concern or opinion by sending a message through the company’s own website or social media accounts. A customer support representative will immediately respond to any client’s reviews or concerns.
Transactions on the website are secured to SSL encryption technology, and all financial transactions are channeled through international payment processors. FSMSmart also abides all international regulations regarding AML and KYC policies, making it a reliable broker. Clients can rest assured that all their information and transactions will be kept secret and will not be released to the public unless requested by the client themselves.
Various educational materials are also offered by FSMSmart for the convenience of the clients and to help them make their way through their trading journeys. The educational materials available include educational articles, technical and fundamental analyses, electronic books (eBooks), educational videos and interactive courses about the forex market, cryptocurrencies, trading and the other markets in the field of finance. FSMSmart’s clients can gain access to these materials for free by simply logging in their accounts and searching for what they wish to learn more about.
Overall, FSMSmart has all the guts to be a top leading Forex broker. It has been able to provide the entire essential services efficiently as well as a secured trading environment for all its clients to enjoy.
So far a good broker for me. Fast execution of orders and tight pips, just like how an ecn broker should be. Bob calls twice a day to give me a check on my investments. Also quite fast on signals especially duriing market news