SmartTrader Review (2023): Is It Actually Legit?

Updated On: November 28, 2023

Welcome to my SmartTrader review. My goal is to answer common questions like: how much it costs, if it's a scam, and if you can actually make money with it. The end goal is to help you understand if it's a good fit for you personally, and if there are any better alternatives out there.
SmartTrader Review

This SmartTrader review has been throughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Program At A Glance

What I liked
Highly customizable workspaces
Automated technical analysis tools
A feed of daily trade ideas
What I Didn’t Like
Only supports trade execution for forex
No stock or forex scanners
Trading rooms and smart gauge cost extra

A reliable charting and analytical tool may make or break your trading career, as every trader will tell you. SmartTrader’s robust features make it easier to find lucrative trades, including algorithmic trading, charting, workspaces, and smart tools.

Have you found the right system? Please read through my in-depth review to find out whether the SmartTrader platform is right for you and if it can help you become a great trader.

If you’re like most of my readers, you came across SmartTrader for one main reason:

You want to make more money than you currently make, ideally by leveraging resources you already have.

Maybe you’re even looking for a quick turnaround on some of your cash, instead of waiting years, or even decades for it to compound.

Well, you’re in good company – who wouldn’t want all of that?

There’s one thing you need to watch out for though: legitimate scammers.

The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space.

But for purposes of this review, let’s assume these people had the best of intentions.

Even with the most sophisticated systems out there, most experts barely manage to get it right 10% of the time…

Obviously, there’s an argument to be made that 1 winning bet can outshine 10 losing ones…

But if you mess up and miss a trade even one time, your month can turn sour pretty quickly.

Suffice it to say, there’s a whole lot of stress & uncertainty.

Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into.

But what if you could build a different income stream, and start seeing profits within your first few days?

I’m talking about a system that doesn’t require:

  • Obsessively checking your phone and charts
  • The emotional turmoil of loss after loss, waiting for that win
  • Glorified gambling

Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?

A stream of income that you can build as high (or low) as you feel like building it, without spending every waking hour watching for alerts and pouring over charts?

If that sounds interesting, you might want to think about using the Digital Rental Method.

If you wanna see what SmartTrader looks like on the inside, keep reading.

What Is SmartTrader?

What Is SmartTrader

For those interested in trading stocks, currencies, or digital currencies, SmartTrader provides an in-depth charting and analyzing tool. The platform allows users to take advantage of algorithmic trading, automatic technical analysis, and access to expert trading advice and chat rooms. SmartTrader’s flexibility and compatibility with any MetaTrader 4 broker make it an attractive choice.

Smart Trader Features

Smart Trader Features

Smart Tools

SmartTrader’s charts are largely actionable because of the platform’s automatic technical analysis toolkit. The system will automatically overlay technical indicators such as Fibonacci retracements, trendlines, support and resistance lines, pivot points, and candlestick patterns.

For retracements and trendlines, click where you want the pattern to begin on your chart. Whether a seasoned trader or a beginner, fast-track your trading analysis with SmartTrader’s proprietary Smart Tools, plus over 100 standard tools that help save time and boost accuracy.

SmartTrader also provides a “smart gauge” tool, but only as an add-on for $99, regardless of subscription level. This tool allows you to establish thresholds for any collection of indicators and then displays buy, sell, or hold ratings depending on those thresholds. As a result, you can quickly know if an asset is a buy or sell for your trading strategy.

Charting And Workspaces

Central to SmartTrader is the platform’s sophisticated charting interface. Various chart types include candlesticks, bars, lines, Heikin-Ashi, Kagi, mountains, and point-and-figure. Charts may consist of over a hundred of the most prominent technical indicators, and time increments as little as one minute are supported for pricing. In addition, you may create and save your personalized gauges for use in the future.

One of the wonderful features of SmartTrader’s interface is the ability to view numerous charts at the same within a workspace. The platform offers a variety of layout choices for managing the size and position of charts inside a workspace, and changing charts is as simple as dragging and dropping. Furthermore, you may have many workspaces you can organize by asset, trading strategy, or whatever you choose.

Trading Ideas

Trade ideas, such as entry and exit positions and annotated charts, are sent to SmartTrader. Here, anybody may share trading ideas, unlike on platforms like TradingView. Instead, most of the feed’s insights are provided by experienced traders who run SmartTrader’s premium trading rooms for a charge.

Please take note that SmartTrader is not affiliated with cTrader. cTrader is a complete trading platform solution for Forex and CFD brokers, where you can create your own chart, which is important when automated strategies are tested. While SmartTrader is a trading platform with a comprehensive charting and analysis platform for stock, forex, and cryptocurrency trading.

WaveBasis is also not affiliated with SmartTrader. WaveBasis is a web-based software platform for the automatic detection and technical analysis of Elliott Wave patterns. It boasts an innovative collection of exclusive tools and features a sophisticated pattern recognition engine.

Alerts And Algorithmic Trading

Sound, email, and text message alerts may all be created in SmartTrader. You may utilize the price, volume, or another technical indicator to trigger notifications. The sole limitation is that you can’t establish an alert based on a combination of signs. Prime and Pro users can set alerts that will notify them and trigger transactions with their linked broker.

Market Watch Widgets

Along with the charting interface, there’s a panel with numerous widgets to assist you in keeping track of the market. Some standard widgets include a news feed, an economic calendar, and a notification system. You can place trades straight from your charting screen if you have linked brokerage accounts and construct a widget for each account.

How Much Does SmartTrader Cost?

How Much Does SmartTrader Cost

You may use SmartTrader for free and access several of the platform’s basic charting and analysis tools. Free users are restricted to one saved workspace, three indicators per chart, and in-app alerts only. Furthermore, you cannot access most of SmartTrader’s automated technical analysis tools with a free account.

  • The Plus plan is $14.95 per month or $155.40 annually. You can have up to five saved workspaces and five indicators per chart, email alerts, automated trendlines, one custom market watch panel, and custom indicators.
  • The Prime plan is $29.95 per month or $299.40 annually. It enables using other chart types, including Heikin-Ashi, automated pivot point analysis, SMS alerts, and alert-based trades. Prime members may also create scripts for algorithmic trading and backtest these.
  • The Pro plan is $99.95 per month or $1,019.40 annually. It primarily provides more workspaces, custom indicators, and alerts than the Prime plan. The Pro plan also allows you to connect an unlimited number of brokerage accounts, but the Prime plan only allows you to connect three.

SmartTrader validates your trading decisions and provides you with all the information you need to make trades confidently due to automated Smart Tools, relevant data, widgets, and more. SmartTrader gives market context to the latest data. You can also customize your dashboard in SmartTrader to fit your trading style.

Are There Alternatives To SmartTrader?

Other Business Models To Choose From

Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:

Is SmartTrader A Scam?

Is It A Scam

Alright, time for the $1,000,000 question: is SmartTrader a scam?

No, not technically. You can 100% make money with it, but it’s not NEARLY as simple as SmartTrader wants you to think it is.

You need to understand that you are taking a very big risk with financial products.

So while it’s entirely possible that you hit the big leagues and retire to a vineyard… the path to get there is so stressful, it might just shave a decade off your life… IF you even get there.

A friend of mine actually writes advertisements for one of the largest financial program advertisers in the world… so believe me when I say most of the “awesome” numbers they use in their ads & landing pages are borderline false.

What they conveniently leave out are the dozens of losing bets and trades that came before the big win you’re reading about.

Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before (hopefully) getting a big win.

I’d rather use that 3 months of work (in my spare time) building Digital Rental Properties, and then collect a handful of nice little $500-$2,000 checks every single month afterward (AKA passive income).

And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of using the Digital Rental Method).

You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.

All you need is a laptop and an internet connection.

Some of my friends are Digital Rental Method that run their 6-figure businesses from:

  • Camping trips at national parks
  • Beachfront in Hawaii
  • On the road in a camper van (with a pet pig!)

They focus on living an enjoyable life first, and focus on income second. All thanks to this program

They can take weeks or months off, and money keeps rolling in.

Living happily is the top priority.

If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!

What Is My Top Recommendation For Making Money Online In 2022?

Make Money Online With Digital Landlord

I’ve personally tried all of the major online business models:

  • I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
  • I’ve sold fidget spinners through Amazon FBA
  • I’ve drop-shipped a toilet bowl putting green on Shopify
  • I’ve sold women’s health supplements via Clickbank affiliate marketing

And I made money with all of them, so trust me when I say: there is no “perfect” business model.

That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.

Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.

Why?

Read Our In Depth Breakdown Of The Top 5 OppStocks Courses For 2024

Did SmartTrader Make The List?

1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.

And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.

That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.

But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.

2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macroeconomic trends.

The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?

With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.

3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…

If you wanted to double your income in the markets, you would need to make twice as many winning trades, or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.

4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.

But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:

Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.

You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.

Having this type of impact on the world is what will help you sleep soundly at night.

So, the rest is up to you. You could keep looking at other programs like SmartTrader, which might make you money if you luck out.

You could keep researching and researching for the next few months (or few years), never making a concrete decision.

OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.

Making a fortune while actually helping real people that need it.

If this sounds like you, click here to see how it all works.

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HI! I'M HOPE

I make over $20,000/MO thanks to this platform... check it out below!