Samtrade FX Review and Analysis 2021
Samtrade FX is an online trading brokerage, providing Forex, CFD, and investing-related services.
Samtrade FX 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.
They are providing services through different regional countries, including Malaysia, Indonesia, Vietnam, Thailand and the Philippines.
For a start, comparatively, they are providing good service and developing good field for traders.
With the MT4 platform, promotions, good client support, and different features, you should start a good journey. Let’s see their company information, account features, trading benefits with them, tradeable products, and more in detail.
Samtrade FX Overview
They started the journey in 2015, now they have expanded their services in Malaysia, Indonesia, Vietnam, Thailand, as well as Philippines to provide an all-round, personalized service to our clients and partners. They strive to set the highest standards of client satisfaction and cater to the special needs of clients. They operate as the STP/ ECN brokerage model that’s a trendy model. Many investor loves to select this type of broker without having any doubt
In this competitive market, they are getting awards continuously. Such as
Best Forex Introducing Broker, Asia 2020
Best Forex Trading Platform, Asia 2020
Best Forex STP/ECN Broker 2020
Most Influential Broker in Asia 2019
Best Forex Broker of the Year 2017
Best STP/ ECN Broker Award 2016
Trading account types is very important for a different level of traders. Samtrade FX is really grateful for its account options. They offer 4 different types of accounts. These are following
This account is suitable for beginners, only USD 10 is required to open a Standard Account. The minimum lot size is 0.01, maximum leverage is 500 with Negative Balance Protection provided by Samtrade FX.
An Islamic Account is a swap-free account available for Muslim traders with only USD 10 deposit. You can take leverage up to 1:500. This account spread is also floating, the stop-out level is 50%, the maximum trade size is 100 and the minimum lot size is 0.01.
The VIP Account is designed for professional traders. It requires a minimum of USD 100 deposit and VIP account holders can use leverage up to 1:500 with no commission and the minimum lot size is 0.01.