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    S.A.M. Trade

    S.A.M. Trade

    2-5 years Regulated in Australia Appointed Representative(AR)
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    License 6.54
    Risk Manag 7.27
    Software Index 4.00
    Business 6.84
    Regulatory 6.51
    Company Abbreviation

    S.A.M. Trade

    Registered region

    S.A.M. Trade Australia

    Company Name

    Samtrade FX Ltd

    Company address




    Australia Securities & Investment Commission
    ASIC Regulated

    Appointed Representative(AR)

    Trading Information

    Benchmark --
    Maximum Leverage 1:200
    Minimum Deposit $100
    Minimum spread --
    Products --
    Minimum position --
    Currency --
    Cryptocurrency --
    EA supported EA supported
    Depositing Method --
    Withdrawal Method --
    Commission $5

    Broker Information

    Customer Service Phone Number


    Customer Service Email Address


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    EPC · Legal aid C
    Integrity deposit has been paid
    Each guest receives 5000USD of the compensation standard
    Free Compensation
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core



    $ 0.99/month
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    S.A.M. Trade · MT4/5
    Identification Result MT4/5 White Label
    In most cases, the MT4/5 white label brokers are at risk of unregulated and non-formal training. In addition, white label brokers may be a counterparty of all trading positions of the clients.
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    S.A.M. Trade · Identify the website

    Most visited countries/areas

    Server Location
    United States
    Most visited countries/areas
    Website Domain Name
    ICP registration
    Domain Effective Date
    Server IP

    S.A.M. Trade

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    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    • Licensed Institution :


      Effective Date :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      Expiry Date :

    • Address of Licensed Institution :

      1003 377 Kent St Sydney NSW 2000

      Phone Number of Licensed Institution :

      1300 669 605
    • Licensed Institution Certified Documents :


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    S.A.M. Trade

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    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
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    S.A.M. Trade · Company summary

      General Information & Regulation

      Samtrade FX was incorporated in Saint Vincent and Grenadines in 2015. They have a regional presence in the United Kingdom, Australia, Malaysia, Indonesia, Thailand, Hong Kong as well as Shanghai. The broker has the core of its operations in the Asia-Pacific region where it is headquartered in Malaysia. Presently, the broker has over 50,000 retail and institutional customers. Samtrade FX is authorized and regulated by the Australian Securities and Investments Commission (ASIC) with AFSL number 001281861.

      Market Instruments

      The broker provides investors with tradable instruments for forex (major and minor currency pairs), CFD products, and commodities (gold, silver, crude oil, and natural gas).

      Minimum Deposit

      To satisfy different investors' investment needs, the company has set up five types of accounts, namely Standard (minimum deposit of $10), Islamic (minimum deposit of $10), STP (minimum deposit of $10), VIP (minimum deposit of $10) and ECN (minimum deposit of $100,000).



      SAMTRADE FX allows its traders to use a maximum leverage ratio of up to 1:200,which is considered high.

      Spreads & Commissions

      No commission is charged for all account transactions, and commission fees are built into spreads. The average spread of major currency pairs is EURUSD 1.7-2.0 pips, GBP/USD2.4-2.6 pips, EUR/GBP 2.4-2.7 pips. CFD products in the lowest average spread for the ASX200 (200AUD) 6 pips, the average spread for the Gold/USD 30-42 cents, the average spread for the SilverUSD 3.0-3.5 cents, crude oil spreads for 5.0 cents, and natural gas spread 5.0 cents.

      Trading Platform

      Samtrade uses the world's leading MT4 trading platform. MT4 can be available for more than 30 languages, with a straightforward interface, easy to understand. The charts and trading platform seamlessly integrated, able to open and monitor an unlimited number of maps simultaneously. The platform supports both Apple and Android cell phones, providing instant quotes and fast trade execution.

      Deposit & Withdrawal

      The broker supports bank transfers and Union Pay channels for deposits and withdrawals. The minimum amount of deposit and withdrawal through bank transfer is 20 USD, taking 1-4 banking days to deposit or withdraw, and clients bear the cost. The minimum amount of deposit and withdrawal through Union Pay is USD 20 or equivalent currency amount. The instant arrival of the deposit takes 1-4 working days to withdraw, and the user bears the forex rate and wire transfer fees.

      Customer Support

      Samtrade FX claims to respond to customer inquiries from Monday to Friday (24/5) through the contact form on the brokers website. They also have a Facebook page under the name ‘Samtrade FX’ which can also handle enquiries. The instant web chat is only accessible by registered clients. Disappointingly, there is no contact telephone number to reach the brokerage directly

    Risk Warning

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