Smart Trader Review — Overview
Smart Trader is a forex & CFD broker based in Australia, established in 2018. On Trust Broker Hub it holds a Trust Score of 2.4 out of 10, which we rate as Poor — below the 4.9/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.
We could not verify any regulatory licence for Smart Trader. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
Smart Trader provides access to Forex, gold, silver, oil. Published conditions include leverage up to 1:300. No complaints are currently on record. Overall, Smart Trader carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
Smart Trader currently scores 2.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Live website and reachable support channels
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Always verify the licence directly before depositing
Regulation
No regulatory licence on record for Smart Trader. Treat with caution and verify before depositing.
MetaQuotes registry
- Registration number
- 27751
- Registered address
- Villa no.46, German Village 1, Slemani Governorate, Kurdistan, Republic of Iraq
- Offices
- Iraq
- Status (per MetaQuotes)
- Non-regulated
- Website
- www.smarttraderiraq.com
- info@smarttraderiraq.com
- Abuse reports
- abuse@smarttraderiraq.com
- Phone
- +964 77 0913 8787
Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.
Trading conditions
| Instruments | Forex, gold, silver, oil |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:300 |
| Typical spread | From 1.2 pips |
| Platforms | MT5 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Smart Trader
High-risk profile
Smart Trader does not hold a verified regulatory licence on record. Based in Australia, it has been operating for about 8 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 2.4/10 — a high-risk profile.
- Operating for 8 years
- No complaints on record with us
- Supports MT5 trading
- No verified regulatory licence on record — funds may lack protection
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
Smart Trader — Questions & Answers
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