All Share (J203) = 89 898
Rand / Dollar = 18.25
Rand / Pound = 23.63
Rand / Euro = 19.70
Gold (usd/oz) = 3 056.12
Platinum (usd/oz) = 988.60
Brent (usd/barrel) = 73.91
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

SmartFX Sign-up Bonus

SmartFX Sign Up Bonus Review

 

No, SmartFX does not offer a Sign-Up Bonus.

 

SmartFX at a glance

🔍 Broker's NameSmartFX
📍 HeadquarteredPort Vila, Vanuatu
📅 Year Founded2018
⚖️ Regulating AuthoritiesVFSC
🌐 Countries not accepted for tradeUS
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsNo
📈 Maximum Leverage1:400
💰 Minimum DepositR8500 ZAR / $500
➕ Deposit OptionsVisa, MasterCard, American Express, Skrill, Neteller, STICPAY, Bank Wire Transfers through the National Bank of Vanuatu and Local bank in Dubai.
➖ Withdrawal OptionsVisa, MasterCard, American Express, Skrill, Neteller, STICPAY, Bank Wire Transfers through the National Bank of Vanuatu and Local bank in Dubai.
💻 Platform TypesMT5
📱 OS CompatibilityWeb browsers, Windows, Android, iOS
📈 Tradable assets offeredForex, CFD indices, CFD equities, Futures, Commodities, and Stocks
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish, Japanese and Chinese
☎️ Customer Service Hours24/5

 

Overall Rating

4.6/5

Rated #534 of 
Recommended FX Brokers

💰Minimum Deposit
500 USD
🌐 Regulators
VFSC
📱 Trading Desk
MT5
Crypto
Yes

📈 Total Pairs

130+
☪️ Islamic Account
Yes
📊 Trading Fees
Low
🕒 Account Activation Time
Instant
🏛️ Visit Broker

 

SmartFX Sign-up Bonus Review – 7 Key Points Quick Overview

  1. ☑️ SmartFX at a glance
  2. ☑️ SmartFX sign-up bonus Pros and Cons
  3. ☑️ Sign up Bonus
  4. ☑️ Referral Bonus
  5. ☑️ Additional bonuses, promotions, and rewards
  6. ☑️ Conclusion
  7. ☑️ Frequently asked questions

 

SmartFX sign-up bonus Pros and Cons

✔️ Pros❌ Cons
Offers competitive and attractive trading conditionsNo referral bonus offered
No trading bonus for loyal customers
No welcome bonus, deposit bonus, or no other broker bonuses are offered with the first time sign up

 

Sign up Bonus

 

With SmartFX, there is no first-time sign-up bonus available. The broker does not provide any initial sign-up bonuses, welcome bonuses, or deposit bonuses to traders who want to register real accounts with them.

Brokers frequently provide this type of bonus in an effort to get new clients to engage in trading. The traders will get some money back with a welcome bonus. However, this will depend on the trader’s initial deposit. Despite not providing incentives or, for that matter, any prizes or promotions, SmartFX nonetheless provides favorable trading circumstances.

 

Referral Bonus

 

Referral bonuses are one more method that brokers can use to get traders to open trading accounts with them. Regrettably, neither new nor existing traders who make use of the broker’s products and services are eligible for referral bonuses from SmartFX.

Referral bonuses are one of the many strategies that brokers employ in an effort to extend their customer base and bring in new customers.

These bonuses typically come with stringent requirements that will need to be met before the trader can gain from suggesting a friend or family member, so it’s important to keep that in mind.

The referral bonus will only be awarded if the person you refer actually creates an account. When playing using a demo account, you won’t have access to these perks.

It is necessary for the person making the referral to use a one-of-a-kind referral link when registering for a real account with the broker. This allows the registration to be tracked back to the original trader.

In most cases, the person who makes the reference is obliged to make a minimum deposit amount in order to satisfy the requirements of the broker. In addition, the new account needs to have a predetermined quantity of transactions carried out on it.

The window of opportunity for traders to make use of referral bonuses is often quite narrow in many brokerage accounts.

 

Additional bonuses, promotions, and rewards

 

Many brokers reward their loyal customers with additional bonuses, promotions, or a rewards program. The SmartFX website gave no hint that the company offered trading bonuses or promotions, and there are no ongoing programs to reward loyal customers.

Trading bonuses typically encourage participants to trade more frequently and in larger volumes in order to be eligible for bonuses that include cashback.

 

Conclusion

 

One approach for a broker to make sure that new traders join up and register a real account is by offering bonuses. Nothing that could be located on the SmartFX website suggests that the broker provides either new or loyal customers with any of these perks.

In spite of this, SmartFX provides a range of trading solutions and services to its customers, regardless of their trading requirements, experience, goals, or trading style. The broker provides clients with access to a variety of markets, aggressive trading terms, and robust trading platforms.

 

You might also like: SmartFX Review

You might also like: SmartFX Account Types Overview

You might also like: SmartFX Demo Account – Step by Step

You might also like: SmartFX Fees and Spreads

You might also like: SmartFX Islamic Account Overview

You might also like: SmartFX Minimum Deposit

You might also like: SmartFX Withdrawal Process

 

Frequently asked questions

 

Does SmartFX offer a sign-up bonus?

No. SmartFX does not offer a sign-up bonus.

 

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 16, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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