Samtrade FX Review 2026

Item: Samtrade FX
Rating: 5.58
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 11, 2026

Top Brokers Overview — United States

Min. deposit $10
Fees 7 /10
Account types 6.8 /10
Regulation 8.4 /10

5.6 /10

Moderate risk

Samtrade FX User Reviews 7.3
Commissions and Fees 7.0
Regulation and Safety 8.4
Account Types 6.8
Deposit and Withdrawal 4.8
Markets and Tradable Assets 4.8
Trading Account Opening 8.0
Customer Support 5.2

Samtrade FX Pros & Cons

Supervision by three regulators.
Participation in the FinaCom compensation fund and availability of in-house and third-party insurance programs.
Negative balance protection.
Trading on the Standard account is available upon depositing $10.
Availability of various account types with different conditions.
Competitive $5 fee per lot applies to the ECN account.
Proprietary copy trading platform is available.

High spreads on STP account types.
Limited range of trading instruments.
No cent, mini, or nano accounts.

TU Expert Verdict

Samtrade FX demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

Samtrade FX User Reviews

Score:

7.3 /10

3 total

5-star

33%
4-star

0%
3-star

67%
2-star

0%
1-star

0%

The main disadvantage of Samtrade FX is its high spreads. Although, I traded on the Standard account and don’t know what fees are charged on the ECN account — I didn’t have enough capital to open this account type. Deposits and withdrawals are fast here, but the range of payment systems is limited. To minimize fees, I use USDT. I didn’t test withdrawals through bank transfers, as I’m sure it’s expensive. There is no live chat on the website, but responses by email come within 1-2 hours. The MT4 platform operates steadily.

I chose Samtrade FX for copy trading as I can’t trade myself. First, I tested the MQL platform. Having mastered it, I decided to try Samtrade FX’s proprietary service, which I liked much more. It has a simple interface, runs on any device, and its mobile app is available. I subscribed to three traders whom I chose by profitability and the length of the account's existence. I didn’t withdraw profits, but invested them in new traders. Now, my income comes copy trading.

I’m not very successful yet, since I'm still learning how to trade. Samtrade FX’s conditions are good: spreads are reasonable, order execution is fair, and the platform doesn’t freeze too often. I have also invested in copy trading to watch real trading of a professional. The CopySam platform allows its users to view trades of signal providers and is overall very convenient and clear. I haven’t withdrawn my profits yet, as I decided to accumulate capital.

Make your review professional!

In order to send a review as a PRO, fill out all fields of the form.

What's in it for you?

This review will be posted higher on the list than others.
More users will be able to see your review.
Your review will be marked as "PRO".

Add your photo:

Available JPG or PNG Change

Rate the company:

Each star gives 2 points to the company's score.

POINT OUT THE ADVANTAGES OF THE COMPANY

Point out its weaknesses

Your Name

Social media link:

Leave a message:

Add your image or video:

Commissions and Fees

Score:

7 /10

The trading and non-trading commissions of Samtrade FX have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No deposit fee
No withdrawal fee

Inactivity fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Samtrade FX with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Samtrade FX’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Samtrade FX Standard spreads
	Samtrade FX	ZForex	OANDA
EUR/USD min, pips	1.7	0.1	0.1
EUR/USD max, pips	2.0	0.4	0.5
GPB/USD min, pips	2.4	0.2	0.1
GPB/USD max, pips	2.6	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Samtrade FX RAW/ECN spreads
	Samtrade FX	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	2.5	7	3.5
EUR/USD avg spread	0.1	0.1	0.15
GBP/USD avg spread	0.1	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Samtrade FX. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Samtrade FX Non-Trading Fees
	Samtrade FX	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15
Inactivity fee ($, per month)	50	0

Is Samtrade FX Safe?

Score:

8.4 /10

Samtrade FX has a safety score of 8.4/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection

Track record of less than 8 years

Samtrade FX Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
ASIC	Full Name Australian Securities and Investments Commission	Country of regulation Australia	Investor Protection Fund No specific fund but has stringent consumer protection	Regulation Level Tier-1
SVG FSA	Full Name Financial Services Authority of St. Vincent and the Grenadines	Country of regulation St. Vincent and the Grenadines	Investor Protection Fund No specific fund	Regulation Level Tier-3
The Financial Commission	Full Name The Financial Commission	Country of regulation International	Investor Protection Fund Up to €20,000	Regulation Level Tier-3

Samtrade FX Security Factors
Foundation date	-
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

6.8 /10

Samtrade FX offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free, VIP.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Low minimum deposit
Swap Free (Islamic) account
Standard account with balanced trading conditions

No Cent account
Micro lots are not available

Samtrade FX account types vs top competitors
	Samtrade FX ‌	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	Yes	Yes	Yes
VIP	Yes	No	No
Managed	No	No	No

Samtrade FX accounts trading conditions

Samtrade FX offers two account types — STP and ECN. They differ in fee calculation, execution technology, and initial deposit requirements. Traders can open an unlimited number of live accounts, transfer their funds between them, and adjust leverage.

Account types:

Account Type	Description
Standard	It’s a universal trading account without additional trading fees, except spreads. The minimum deposit is $10 and leverage is up to 1:1,000.
VIP	This account type offers more profitable conditions. The minimum deposit is $10 and the maximum leverage is 1:1,000.
ECN	This account type is designed for professional traders. Spreads start from 0 pips and a $5 fee per lot is charged. The actual minimum deposit is $100,000, though the website provides the amount of $100. Leverage is up to 1:200.
Islamic	It’s a swap-free account type for Muslims. Traders can use leverage up to 1:500. The minimum deposit is $10. Fees per lot are not charged.

A one-month demo account is available upon registration on the broker’s website.

Samtrade FX’s trading accounts are designed for professional trading in the over-the-counter (OTC) Forex market. Their conditions vary, which is a plus for any speculator, as they can choose an account that suits their professional level and available funds.

Deposit and Withdrawal

Score:

4.8 /10

Samtrade FX received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

Samtrade FX offers limited payment options and accessibility, which may impact its competitiveness.

Low minimum withdrawal requirement
Bank card deposits and withdrawals
No withdrawal fee
Bank wire transfers available

PayPal not supported
BTC payments not accepted
Limited deposit and withdrawal flexibility, leading to higher costs

What are Samtrade FX deposit and withdrawal options?

Samtrade FX offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire, USDT. This limitation may restrict flexibility for users, making Samtrade FX less competitive for those seeking diverse payment options.

Samtrade FX Deposit and Withdrawal Methods vs Competitors
	Samtrade FX	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are Samtrade FX base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Samtrade FX supports the following base account currencies: USD.

What are Samtrade FX's minimum deposit and withdrawal amounts?

The minimum deposit on Samtrade FX is $10, while the minimum withdrawal amount is $20. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Samtrade FX’s support team.

Markets and Tradable Assets

Score:

4.8 /10

Samtrade FX offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 35 Forex pairs.

Copy trading platform
Crypto trading
Commodity futures are available

No ETFs
Limited asset selection

Supported markets vs top competitors

We have compared the range of assets and markets supported by Samtrade FX with its competitors, making it easier for you to find the perfect fit.

	Samtrade FX ‌	ZForex	Plus500
Currency pairs	35	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.		80	2800
Stocks	No	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products Samtrade FX offers for beginner traders and investors who prefer not to engage in active trading.

	Samtrade FX ‌	ZForex	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	Yes	Yes	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with Samtrade FX in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Samtrade FX is $10.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

Samtrade FX account opening
	Samtrade FX ‌	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$10	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	8	5
KYC time (days)	2	1	3

Is Samtrade FX available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To create a user account with Samtrade FX, open an account with this broker following the below instruction.

Click the “Open Live Account” button on any page of the broker’s website.
Select the individual account type and provide your personal information: first and last names, date of birth, phone number, and email. Generate a reliable password. Next, provide information on your occupation, free capital, and trading experience.
Finally, provide scanned copies of documents for verification. Once verified by a broker’s representative, deposit funds and install the trading platform on your PC or laptop or download the mobile app. That's all you need to start trading with Samtrade FX.

Customer Support

Score:

5.2 /10

Customer support at Samtrade FX is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. Samtrade FX provides basic support functionality but does not stand out in overall service performance.

Information

Traders can request technical support and ask questions about the broker’s activities 24/5. The Samtrade FX website is available in 9 languages, which means that support is multilingual.

9 languages are available
24-hour communication with a manager during global market trading hours

Few communication channels
Technical support isn’t available on weekends

Traders can use the following communication channels to contact technical support:

Email;
Feedback form;
Facebook and Youtube.

The broker’s website doesn’t contain phone numbers to contact Samtrade FX representatives. However, now traders can provide their phone numbers and support managers call them back during working hours.

Contacts
Registration address	S.A.M. Trade, First Floor, First St. Vincent Bank Ltd Building, James Street, Beachmont, Kingstown, St. Vincent and the Grenadines
Regulation	ASIC, FINTRAC, SVG FSA
Official site	https://www.samtradefx.com/
Contacts	support@samtradefx.com

Best Samtrade FX Alternatives

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How is Samtrade FX regulated and what safety measures does it offer?

Samtrade FX has a safety score of 8.4/10 and is regulated by ASIC in Australia (Tier-1), as well as by SVG FSA and The Financial Commission, both classified as Tier-3 regulators. The broker provides negative balance protection and requires KYC verification, but its track record is less than 8 years and there is no specified investor compensation fund under ASIC or SVG FSA, while The Financial Commission offers protection up to €20,000.

What trading commissions and non-trading fees does Samtrade FX charge?

Samtrade FX is assessed as having medium overall fees (7/10), with low forex trading fees, tight EUR/USD spreads, and no deposit or withdrawal fees, but it does apply a $50 monthly inactivity fee. On Standard accounts, EUR/USD spreads typically range from 1.7 to 2.0 pips, while RAW/ECN accounts show an average 0.1-pip spread on EUR/USD and GBP/USD plus a $2.5 commission per lot.

What do user reviews say about overall satisfaction with Samtrade FX?

The user satisfaction score for Samtrade FX is 7.3/10 based on 3 reviews, with 33% of ratings at 5 stars and 67% at 3 stars. According to user reviews, this distribution indicates mixed impressions rather than consistently positive or negative experiences.

How does the Samtrade FX account opening process work and how long does it take?

Opening an account with Samtrade FX is fully online, took 20 minutes to register in testing, and required 2 business days for KYC verification, with a minimum deposit of $10. The process involves submitting personal and financial information, uploading verification documents, and then funding the account, although the review notes that approval and registration times can sometimes be longer than expected.

What feedback is available on Samtrade FX customer support quality and availability?

Customer support at Samtrade FX is described as basic, with moderate response times that can vary depending on the complexity of the request. According to user comments in the review, support is available 24/5 in 9 languages via email, feedback form, Facebook, and YouTube, but there are few communication channels, no direct phone line listed, and technical support is not available on weekends.