TradeSmart, at tradesmart.com, offers MT5 forex and CFD accounts with published deposit, spread and commission tiers. Its legal documents deserve equal attention: the account agreement contains conflicting negative-balance provisions and a 20% dormant-account reinstatement fee. The website identifies a Saint Lucia company registration; that number is not evidence of a forex-dealer licence.[1][6][4][16]
Accounts & eligibility
Sections ↑Opening amount and account currency
Application restrictions
Markets & contract exposure
Sections ↑Markets and ownership
| Item | Details |
|---|---|
| FX, indices and commodities | Available through the published MT5 account offer.Source 1 |
| Shares | Product page explicitly describes share CFDs with long/short exposure.Source 14 |
| Share-CFD terms | Advertised leverage 1:20 and no share dealing commission; spread and other costs remain relevant.Source 14 |
The stock page also contains generic share-ownership explanations. Its product-specific CFD description is the relevant one: this service does not establish custody or voting rights in underlying shares.[14]
Trading costs & other charges
Sections ↑FX spread floors and commissions
On an assumed 100,000-EUR EUR/USD contract,0.7 pip represents US$7 of spread cost. Raw’s US$4 round-turn commission and VIP’s US$2 still require the actual spread and any financing. The spread floors do not establish an average executable bill.[1]
Overnight financing limits
Dormant-account reinstatement
| Item | Details |
|---|---|
| All conditions required | Five months without financial transactions or executed trades, and no open positions.Source 6 |
| Treatment | Account is archived; reinstatement fee is 20% of the balance.Source 6 |
| Example | A US$1,000 balance implies US$200 under that percentage, before other adjustments.Source 6 |
Execution, leverage & margin
Sections ↑Account leverage and maximum single order
Execution parameters
For the same US$100,000 notional,1:2000 requires US$50 simple initial margin while 1:500 requires US$200. Less initial margin magnifies the effect of price changes on equity; it does not reduce the loss on the same position.[1]
Deposits, withdrawals & promotions
Sections ↑Cryptocurrency payment schedule
Withdrawal-policy qualifications
| Item | Details |
|---|---|
| Processing | Typically within the next business day; extensions require notification.Source 7 |
| Routing | Normally back through the original funding method.Source 7 |
| Cost and chain | Broker says no processing fee; external fees remain possible. Correct coin, wallet and network are essential.Source 7 |
Processing by the broker and receipt in a wallet are distinct stages. The payment schedule is not a guarantee of blockchain completion or a bank-transfer entitlement, and its per-invoice ceiling is not a universal daily withdrawal limit.[2][7]
120% Cash Bonus: earning conditions
| Item | Details |
|---|---|
| Entry | Minimum 200 USD/EUR transfer; maximum 24,000 bonus per account, up to 3 accounts.Source 8 |
| Volume formula | Required eligible standard lots = bonus amount ÷6.Source 8 |
| Eligible trades | Closed FX/metals trades held longer than 3 minutes; full volume completion required.Source 8 |
120% Cash Bonus: cash availability
| Item | Details |
|---|---|
| Before completion | Terms say the bonus does not enter tradable equity/balance.Source 8 |
| After completion | Request credit through support; then available to trade or withdraw.Source 8 |
| Example | A US$200 qualifying transfer gives a US$240 target bonus, requiring 40 eligible lots.Source 8 |
The landing page’s “instantly credited” wording should not be read as immediately withdrawable cash: the terms impose the full-volume test. Trading 40 lots creates real spread, commission and market risk, so the incentive is not a costless US$240 payment.[10][8]
100% SmartBoost is a separate promotion
| Item | Details |
|---|---|
| Entry | Special SmartBoost account; first eligible deposit at least US$250.Source 9 |
| Cap and use | Maximum US$1,000 credit per client; non-withdrawable but can absorb drawdown.Source 9 |
| Withdrawal effect | Withdrawals/transfers after trading remove all bonus credit, potentially reducing margin.Source 9 |
Regulation & client protection
Sections ↑Registration and financial authorisation
| Item | Details |
|---|---|
| Company claim | TradeSmart Capital Limited, Saint Lucia registration 2024-00075.Source 4 |
| FSRA position | Its 15 April 2025 general notice says Saint Lucia does not license forex business.Source 16 |
| Scope | That notice does not name TradeSmart; no matching current dealer authorisation was independently verified.Source 4Source 16 |
Segregation claim and Direct-platform exception
| Item | Details |
|---|---|
| Website | Says client funds are held separately.Source 5 |
| Agreement§10.11–10.12 | Required margin on TradeSmart Direct transfers to the company and can be posted with liquidity providers.Source 6 |
| Boundary | Excess margin is described as client funds; applicability to the actual account route needs confirmation.Source 6 |
Conflicting negative-balance provisions
| Item | Details |
|---|---|
| Website / §12.7 | Website promises protection; §12.7 says notify the broker to nullify a negative account.Source 5Source 6 |
| Agreement§12.9 | Client remains liable for deficits on demand.Source 6 |
| Consequence | The published material does not support an unqualified no-debt guarantee.Source 5Source 6 |
A client needs a written resolution of these conflicting provisions and confirmation of which margin arrangement applies. Neither incorporation nor the company’s segregation claim establishes statutory deposit insurance or a verified investor-compensation entitlement.[4][5][6]
Support, complaints & account records
Sections ↑Contact and account records
| Item | Details |
|---|---|
| Support | [email protected], named in its payment/promotion documents.Source 7Source 8 |
| Phone | +359 2 496 3327 on the current contact page.Source 15 |
| Execution/statement objection | Agreement requires objections within two business days of online posting.Source 6 |
Account security and service limits
| Item | Details |
|---|---|
| Security | Company advertises client-area2FA and encrypted data handling.Source 5 |
| Disputed payments | Withdrawal policy allows withholding/deductions while a dispute is unresolved.Source 7 |
| External redress | No applicable statutory compensation or independent complaint-scheme entitlement was established.Source 4 |
Platforms & additional services
Sections ↑Copy allocation
Stopping a copied strategy
An inactive copying relationship can therefore retain market exposure. Choosing a provider, pausing new orders and flattening an account are different decisions.[3]
PAMM commercial terms
VPS monthly package prices
Conditions for fee-free VPS
Failure to meet the VPS conditions automatically moves the client to paid hosting, with charges taken from the wallet or trading account. Hosting is provided by third parties; termination deletes the VPS without a backup. These conditions make both funding and data backups relevant to the service.[12]
Company & legal entities
Sections ↑Legal naming and addresses
| Item | Details |
|---|---|
| Website/footer | TradeSmart Capital Limited, registration 2024-00075.Source 4 |
| Agreement body | Uses TradeSmart Ltd/TradeSmart Limited with the same number; the naming inconsistency should be clarified.Source 6 |
| Locations | Registered: Meridian Place, Choc Estate, Castries. Physical:52 Hristo Smirnenski Boulevard, Sofia 1164, Bulgaria.Source 15 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
TradeSmart Capital Limited
Saint LuciaSource 4
No separate licence entry is recorded in this panel.
Additional Information
Sections ↑Terms that can alter the advertised proposition
| Item | Details |
|---|---|
| Low spreads | Include commissions, financing beyond grace periods and possible reinstatement costs.Source 1Source 6 |
| Promotions | Cash Bonus requires turnover; SmartBoost is loss-absorbing credit with forfeiture triggers.Source 8Source 9 |
| Protection | Resolve negative-balance wording and margin-title transfer before treating marketing claims as enforceable protection.Source 6 |
Sources & further reading
- TradeSmart: four account tiers and trading parameters TradeSmart · Accessed 27 Oct 2026
- TradeSmart: cryptocurrency deposit/withdrawal limits TradeSmart · Accessed 27 Oct 2026
- TradeSmart: copy allocation and stop-copying options TradeSmart · Accessed 27 Oct 2026
- TradeSmart: legal documents and company description TradeSmart · Accessed 27 Oct 2026
- TradeSmart: segregation, negative-balance and security claims TradeSmart · Accessed 27 Oct 2026
- TradeSmart: linked 56-page Account Opening Agreement TradeSmart · Accessed 27 Oct 2026
- TradeSmart: Withdrawal Policy TradeSmart · Accessed 27 Oct 2026
- TradeSmart:120% Cash Bonus terms TradeSmart · Accessed 27 Oct 2026
- TradeSmart:100% SmartBoost terms TradeSmart · Accessed 27 Oct 2026
- TradeSmart:120% Cash Bonus advertisement TradeSmart · Accessed 27 Oct 2026
- TradeSmart: VPS packages and monthly prices TradeSmart · Accessed 27 Oct 2026
- TradeSmart: VPS eligibility, automatic charging and termination terms TradeSmart · Accessed 27 Oct 2026
- TradeSmart: PAMM allocation and manager-set offers TradeSmart · Accessed 27 Oct 2026
- TradeSmart: share CFD product and leverage terms TradeSmart · Accessed 27 Oct 2026
- TradeSmart: current contact page TradeSmart · Accessed 27 Oct 2026
- Saint Lucia FSRA: general forex-licensing notice,15 April 2025 Financial Services Regulatory Authority Saint Lucia · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.