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Abstract:FX SmartBull offers 4 account types with a $25 minimum deposit. Compare spreads, leverage, and fees in this detailed review.
FX SmartBull provides Classic, Variable, Standard, and ECN accounts. Minimum deposits range from $25 (Classic) to $2,000 (ECN). All accounts offer 1:500 leverage and zero commissions, but spreads vary (1.0–2.5 pips).
Account | Min. Deposit | Leverage | Spreads | Commission |
Classic | $25 | 1:500 | 2.5 pips | $0 |
Variable | $200 | 1:500 | 2.0 pips | $0 |
Standard | $1,000 | 1:500 | 1.5 pips | $0 |
ECN | $2,000 | 1:500 | 1.0 pips | $0 |
Q: Which account is best for beginners?
A: The Classic account ($25 deposit), but no demo account is available.
Q: Are there swap-free accounts?
A: Yes. All accounts are swap-free (Islamic).
Q: Do spreads differ by instrument?
A: Yes. ECN offers the tightest spreads (from 0.0 pips).
Q: Is leverage adjustable?
A: No. Fixed at 1:500 (extremely high risk).
Q: Are deposit fees charged?
A: Unclear. The broker doesnt disclose this.
Q: Can I upgrade my account later?
A: Yes, by depositing the required amount.
Disclaimer: 1:500 leverage may lead to rapid losses. Verify all fees before trading.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.