Rich Smart Broker Review 2025

Rich Smart charges $7 commission per lot when trading in an ECN account. The spreads in this account type start from 0.0 pips. You can get access to a swap-free trading model on the Standard account in this brokerage.

Rich Smart Company Information & Regulation

Rich Smart is a multi-asset financial broker founded in 2015. The company operates under the legal name Rich Smart Finance Limited, registered in Saint Vincent and the Grenadines under company number 27122 BC 2024.

Its registered office is located at Suite 310, Griffiths Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines.

The broker offers international regulatory coverage, including oversight by the Australian Securities and Investments Commission (ASIC). The broker also holds an offshore Retail Forex license from the Seychelles Financial Services Authority (FSA).

Rich Smart facilitates access to Forex, Indices, Cryptocurrencies, Commodities, Precious Metals, and Stock CFDs across the MT4 platform. It caters to a diverse trading audience by offering Standard, ECN, and Islamic account types.

The company provides 24/7 customer support and allows traders to access the markets using a wide variety of devices, including desktop and mobile.

Rich Smart Key Details and Features

As it is with the reviews of other Forex brokers, in this section, we will give you a quick overview of what Rich Smart offers; here is a table summarizing its key features:

Trading Accounts Overview

Rich Smart offers two main account types, plus a demo, to its clients. We will compare the two real accounts in the table below:

The main difference between these two accounts is the spread/commission, which will be discussed later in this article.

The broker also offers a swap-free option tailored for traders following Sharia-compliant financial practices.

Significant Positives and Negatives

In this section of the Rich Smart review, we will mention some of the most important pros and cons of trading with the discussed broker:

How to Create an Account and Verify Your Identity

Registering with Rich Smart takes less than 5 minutes, providing traders with immediate access to the dashboard after simple identity verification. The platform supports global access and is optimized for both desktop and mobile. Steps to Rich Smart registration:

#1 Begin on the Official Website

Visit the Rich Smart Broker homepage. Click the “Open an Account” or “Register” button to start the sign-up process.

#2 Fill Out the Registration Form

Fill in the application form with the following details:

• First name
• Last name
• Email address
• Mobile number
• Country of residence
• Account password (8+ characters, mix of upper/lowercase letters, numbers, and symbols)

#3 Verify Your Email Address

Check your inbox for a 5-digit verification code from Rich Smart. Enter the code in the provided field to activate your account.

Once verified, your Rich Smart account is ready for use. Visit the tutorial page to explore deposit options and platform features.

#4 Proceed with the Verification Process

To activate your account, you must verify your identity by providing additional personal information and submitting supporting documents, including:

• Proof of Identity: Passport or Driver's license
• Proof of Address: Utility bill or Bank statement

Trading Platforms and Terminals

Rich Smart primarily offers the MetaTrader 4 (MT4) platform, which is widely renowned and popular in the industry. Main Features:

• 3 order execution types
• 50 technical analysis indicators
• Programmable trading bots available
• One-click trading

You can download/use the platform on these operating systems/environments:

• MT4 Android
• MT4 iOS
• Windows
• macOS
• Web

Trading Commissions and Other Fees Related to Rich Smart

The broker does not charge any kind of fees other than trading commissions. Typically, the ECN accounts offer tighter spreads with additional commissions per lot traded, while the Standard accounts bundle all costs within the spread.

Traders should expect variable pricing based on market conditions and account type.

To learn about the spreads in other brokers and make comparisons, you can use a Forex live spread tool.

Funding Options and Withdrawal Methods

Rich Smart offers six methods for depositing and withdrawing funds:

• Credit/Debit Cards: VISA, MasterCard
• Bank Transfers: Wire Transfers
• E-Payment Systems: DISCOVER, Perfect Money
• Cryptocurrencies: Tether [USDT]

Copy Trading Options and Other Investment Features

Rich Smart offers copy trading functionality, allowing traders to replicate the strategies of successful investors.

However, it's worth noting that the selection of signal providers may be more limited compared to specialized social trading platforms since the service has been recently launched.

Available Instruments and Trading Symbols in Rich Smart

The discussed brokerage offers a vast range of 75+ trading instruments across five asset classes, from the Forex market to Stocks.

• Forex: 24 symbols of major, minor, and exotic pairs
• Commodities: Precious metals (gold, silver) and energies (oil, natural gas)
• Indices: 16 symbols
• Stocks CFD: 25 company shares
• Cryptocurrencies: 9 digital assets

This wide selection caters to all types of trading strategies, from short-term scalpers to long-term investors.

Are There Any Bonuses and Promotions?

As of {YEAR}, Rich Smart does not offer any bonuses or promotional offers to its clients. Please note that this approach may change in the future; periodically check this webpage for any updates.

Support Contact Channels and Schedule

Rich Smart provides a typical set of 3 support channels to assist clients with any queries or issues:

• Email: support@richsmart.com
• Ticket System: On the website's "Contact Us" page
• Live Chat: Available on the website
• Phone Number: +64 9802 3561

The 24/5 availability ensures that traders can get assistance during all market hours.

List of Countries Banned from Rich Smart's Services

The company is subject to various international regulations and therefore cannot offer its services in certain jurisdictions. Here is a full list as stated on the official website:

• United States
• Canada
• Haiti
• Iran
• Suriname
• North Korea
• Puerto Rico
• The Occupied Area of Cyprus
• Syria
• Cuba

Trust Ratings and Evaluation Scores

Trust scores and user reviews from valid sources provide valuable insights into a broker's reputation.

The Rich Smart ScamAdvisor profile has received a trust score of 51/100, based on the SSL certificate, DNSFilter's data, and the domain's track record.

Are There Any Educational Resources Provided on Rich Smart's website?

This company provides a limited suite of educational tools that are suitable for basic trading needs:

• Economic calendar
• News articles
• Technical analysis content

You can access comprehensive learning materials for free through TradingFinder's Forex education section.

Rich Smart Comparison Table

The table below provides an overview of Rich Smart's features compared to other platforms.

Conclusion and Final Words

Rich Smart, offering access to leverage of up to 1:500, has a margin call and stop out level of 100% and 50%, respectively.

The brokerage's website, with 2.7K+ monthly visitors, has a 51/100 Trustscore on the ScamAdviser platform.