SamTrade FX Review

2.761 • 3 REVIEWS
S.A.M. Financial Group
Updated: Apr 11, 2024
SamtTrade FX is a forex broker. SamTradeFX offers the MT4 and MT4 Mobile forex trading top platform. offers over 30 forex currency pairs, cfds, commodities, gold, silver and oil for your personal investment and trading options.
March 11, 2022:  The Financial Commission has announced that the membership status of Samtrade FX has ceased.  CLICK HERE to verify.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 200:1
Minimum to Open Live: $10
Established: 2015
Address: Malaysia, Saint Vincent And Grenadines
Regional offices:
Regulators: ASIC #338674, SVGFSA #25290 IBC 2019
Prohibited countries: Show all >>
Trading platforms: MT4
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (30+)
CFD: (15+)

Trading Conditions

EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Dragonpay, FasaPay, Ngan Luong, PayPal, UnionPay
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Dragonpay, FasaPay, Ngan Luong, PayPal, UnionPay
* Please check broker website for more information
2.761 • 3 REVIEWS

Recent User Reviews of SamTrade FX

Selangor, Malaysia,
Nov 26, 2022,
Registered user

Using Monetary Authority of Singapore investigation as an excuse to block withdrawals.

Service use: Live Length of use: over 1 Year
It seems the Samtrade entity claimed Monetary Authority of Singapore have been conducting an investigation since January 2022, thus all the assets and transaction have been frozen. However turned out that Monetary Authority of Singapore never asked to cease any withdrawal to the client and it seems Samtrade is delaying by using email with investigation process and all the bullpoo explanation just to delayed the withdrawal to the client. The withdrawal until now is denied and pending. There is no exact date and estimation when the money can be received.
Send the email to them multiple time and it seems the reply its the same "Due to unfortunate event, we would like to apologize as it still ongoing investigation". Please do send us back our money.
Jakarta, Indonesia,
Oct 24, 2021,

Good Security & Funding Service

Service use: Live Length of use: over 1 Year
I have been with this broker since July 2020. Feel good to know this broker is an AML Broker supported by its segregated account. They are really strict with KYC Process too. Never had any funding issue with my trading account. I mean this platform performed Fast Deposit & Withdrawal using Crypto Payment Gateway.

Apreciate their services!
Indonesia, Indonesia,
Oct 20, 2021,
Registered user

Service use: Live Length of use: 3-6 Months
So Far use this broker its take a long time to register.. but for Withdraw and Deposit in tak les than 10 minute with Crypto
2 traders have found this review helpful