Samtrade FX Broker

Samtrade FX Broker Profile
Samtrade FX


General Information
Broker Name: Samtrade FX
Broker type: STP   ECN  
Country: Saint Vincent and the Grenadines
Operating since year: 2015
Number of employees: 50
International offices: Saint Vincent and the Grenadines
Regulation: FCA (UK), ASIC (Australia)
Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent and the Grenadines
Broker status: Broker   
Accepting US clients? No
Account Options
Account currency: USD
Funding/Withdrawal methods: Wire Transfer, Credit Card, Debit Card, Paypal
Swap free accounts: Yes
Islamic Account
Segregated accounts: No
Interest on margin: No
Managed accounts: Yes
MAM
Accounts for money managers (MAM, PAMM): Yes
MAM
Customer Service
Phone:
Fax:
Email: support@samtradefx.com
Languages: English, Mandarin, Chinese
Availability: Chat, Email
Trading
Trading Platforms: MetaTrader 4
Trading platform(s) timezone: (GMT +2:00) South Africa, Jerusalem
Demo Account: Yes   Demo account is expiring in 30 days
Mobile trading: Yes
https://apps.apple.com/us/app/metatrader-4/id496212596?utm_campaign=www.samtradefx.com
https://play.google.com/store/apps/details?id=net.metaquotes.metatrader4&hl=en&referrer=ref_id%3d93f71ba4%26server%3dSamtrade-Demo%252cSamtrade-Live%26utm_campaign%3dwww.samtradefx.com
Web based trading: No
API: No
OCO orders: No
Trading over the phone: No
Hedging allowed: Yes
Trailing stops: No
One click trading: Yes
Bonuses: Yes
Welcome Bonus
Contests: Yes
https://www.samtradefx.com/traders-challenge
Other trading instruments: Indices, Commodities, CFDs, Precious Metals
Account
Minimum deposit ($) 10.0
Maximal leverage (1:?) 200
Subject to approval
Minimum lot size 0.01
Maximum lot size 100.0
Indices and CFDs maximum lot size is 5 lots.
Commission 5.0
Islamic account commission is USD 20.
Spread Variable
Decimals 5 decimals
Scalping allowed Yes
General information about Samtrade FX
Samtrade FX is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.

Samtrade FX is the trading name of Samtrade UK International Limited, a company registered in England and Wales with its registered office at 150 New Street Birmingham West Midlands B2 4PE UNITED KINGDOM. Samtrade UK International Limited is authorised and regulated by the Financial Conduct Authority. Financial Services Register Number 929921.

Samtrade Pty Ltd operates as an authorised representative in Australia. The firm, with registered address 67 Brighton Street, Curl Curl, New South Wales 2096, Australia, is authorised to provide financial services to wholesale clients only (within the meaning of the Corporations Act 2001 (Cth)). The AFS licensing regime only covers financial services carried on in Australia.

Samtrade FX is registered and regulated by FINTRAC (Financial Transactions and Reports Analysis Center of Canada) under Money Services Business (MSB) with registration number: M19977589.

Samtrade FX Ltd is incorporated in Saint Vincent and the Grenadines under registered number 25290 IBC 2019 by the Registrar of International Business Companies, registered by the Financial Services Authority of Saint Vincent and the Grenadines to carry on the business of dealing in securities as a Principal.
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EURUSD 1.18416 GBPUSD 1.29218
USDJPY 104.563 USDCAD 1.32031

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.