S.A.M. Trade Review

Minimum Deposit: $10 VISIT BROKER
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD) is speculative and carries a level of risk that may not be suitable for all persons interested in trading online.

S.A.M. Trade Review


S.A.M. Trade is a brokerage firm that is built for traders, by traders. They aim to fulfil client needs through understanding and by providing innovative technologies to ensure an enjoyable online trading experience. The broker offers modern platforms along with tools for trading and investing on a range of different financial markets.

Established in 2015 as Samtrade FX and rebranded in 2021, S.A.M. Trade has progressively extended its operations and market reach. It was founded with the objective of providing traders with safe, easy, and low-cost access to foreign exchange markets. S.A.M. Trade founders and partners are all traders themselves and have extensive trading experience in forex and contract for differences trading.

Important update: Samtrade FX suspends operations in response to Singapore probe. Samtrade FX is being jointly investigated by the Commercial Affairs Department (CAD) of the Singapore Police Force and the Monetary Authority of Singapore (MAS) for possible offences under Section 82 of the Securities and Futures Act 2001. In an official response to the CAD’s indictment of its executives, as well as MAS’s investigation, Samtrade FX said it will immediately suspend local and overseas business operations of their “key operating entities and other affiliated entities.” The suspension includes account opening, account changes, settlements, payments, opening and closing of trades.

7.6Expert Score
S.A.M. Trade Rating

S.A.M. Trade is in partnership with some of the world’s best technology providers to provide clients with a seamless and secure trading environment.

Investment Products
Commissions and Fees
Platforms and Tools
Research and Education
Deposit and Withdrawal

S.A.M. Trade Review

Pros and Cons

S.A.M. Trade have the user-friendly MetaTrader 4 platform for desktop, web and as a mobile trading app. You can trade a range of CFDs including forex, cryptos, indices and commodities. The broker has low fees but spreads are marked-up to compensate for this on the commission free account types. However, you can get lower spreads and pay a small commission fee on other accounts whilst there is a rebate and reward program for high volume traders. There are various quick and easy funding options to choose from along with flexible account types for different trader needs. The minimum deposit required is just $10 and the account opening process is simple. Furthermore, the broker has a great selection of trading tools, trading signals and educational resources for beginners.

  • Popular MetaTrader 4 platforms
  • Range of CFD instruments
  • Execution of trades at stable and rapid speeds
  • Competitive commissions
  • Attractive cash rebate program
  • Tight spreads
  • Islamic accounts
  • Demo accounts
  • Trading signals
  • Maximum fund security
  • Professional and personalized service
  • Minimum $10 deposit
  • Regulated and award-winning broker
  • Cannot accept USA clients
  • No individual stock instruments
  • Demo accounts will expire after 30 days

S.A.M. Trade Review

Investment Products

S.A.M. Trade provide CFDs on Forex, Commodities, Indices and Cryptocurrencies. There are no individual stocks which may deter some investors. A CFD stands for contract for difference. CFD trading allows you to take a position on the price of an instrument without actually owning the underlying asset. You can speculate on rising and falling prices through both buy and sell positions. The difference in price from the start and end of a CFD position is the profit or loss minus any broker fees.

S.A.M. Trade Instruments Summary

InstrumentsS.A.M. Trade
S.A.M. Trade Instruments

S.A.M. Trade Review

Commission and Fees

Commission and Spread Fees

At S.A.M. Trade, there should not be a conflict of interest between them and clients. As an STP/ECN brokerage, clients trades are passed on straight to the brokers liquidity providers. They make a marginal profit on commissions, which stems from traded volume.

This STP/ECN brokerage model is often preferred by many traders as it means that the brokers are able to offer more competitive spreads. STP/ECN brokerages pass many trades on to the liquidity providers who are usually able to offer tight spreads due to the large volumes they are dealing in.

S.A.M. Trade Brokerage Model
S.A.M. Trade Brokerage Model

There are a range of trading accounts to choose from at S.A.M. Trade, showing that the broker caters to a diverse client base. All of the accounts have variable spreads with the main difference being how tight the spreads are on each account and whether or not you need to pay a commission fee. The minimum deposit is just $10 but you will need the ECN account for the lowest spreads, which requires a $100 deposit.

Account TypesStandard AccountVIP AccountIslamic AccountECN Account
Initial Deposit (USD)101010100,000
Fixed/Floating SpreadFloating SpreadFloating SpreadFloating SpreadFloating Spread
Minimum Order Volume / Lot Size0.
Maximum Trade Size100100100100
Margin Call Level100%100%100%100%
Stop Out Level50%50%50%50%
Account Base CurrencyUSDUSDUSDUSD
Negative Balance ProtectionYesYesYesYes
S.A.M. Trade Fees

All accounts offered by S.A.M. Trade are under the negative balance protection where the broker will ensure that your trading losses will not exceed the funds in your account. This protects you from losing more money than you deposit into your trading account with them but your entire capital may still be at risk.

Deposit and Withdrawal Fees

The broker does not charge any deposit or withdrawal fees themselves but clients will need to cover any third-party fees which is completely normal.


With the brokers SamRewards program, you can earn SamCoins from your trading activity. SamCoins can be redeemed for cash rebates or prizes at SamRewards.

SamRewards Status points are the points that count toward a level upgrade. SamRewards status points are credited to the SamRewards program participant account upon fulfilling the requirement action.

There are 4 Tiers in the SamRewards Program that depends on the amount of SamRewards Status points. The more status points that you earn, the more you can multiply your SamCoins by.


S.A.M. Trade Review

Platforms and Tools

The S.A.M. Trade platform provides real-time quotes and trade execution, advanced charting with multiple time frames, pip value calculators, and financial market news, etc. To ensure seamless trading experiences for clients, S.A.M. Trade uses the MetaTrader 4 platform, which is available for download on desktop, web and mobile.

MetaTrader 4

MetaTrader 4 (or MT4 for short) is a well-known platform that is primarily used for trading forex and CFDs. It is easy to use and has plenty of built-in trading tools for analysing the financial markets. It also supports automated trading through the implementation of expert advisors, commonly known as EA’s. S.A.M. Trade provides its clients with this world leading platform to help try and ensure that they can deliver a seamless online trading experience. Available in over 30 languages with base, the MT4 platform works well for traders of any experience level or nationality.

Key MT4 features include the following:

  • Real time price quotes
  • Multiple order types
  • Various timeframes
  • Technical indicators
  • Graphical objects
  • Automated trading
  • Customised tools
  • Signal alerts
  • Online community
  • Free for desktop, web and mobile devices
S.A.M. Trade MT4 Platforms
S.A.M. Trade MT4 Platforms


SamTracks is the brokers portfolio management system that lets you keep track of your account.

  • Easy overview of your account
  • Track your performance quickly
  • Monitor your asset allocation with ease
  • Check your volume traded without hassle


The latest trade copying technology by S.A.M. Trade allows anyone and everyone to copy other traders. Regardless of your trading experience or commitment, you can now tap into other traders’ expertise with CopySam. Subscription fees of 10% to 40% will apply. There are no guarantees of results and you should be aware of the significant risks involved with trading online.


Trading Signals

S.A.M. Trade have partnered with some third-party signal provides to offer you social trading signals. These allow you to copy the trades of other traders which can be useful for those who do not have the time to trade by themselves. Just be aware that there is no guarantee on how well these trading signals will perform.

 S.A.M. Trade Signals
S.A.M. Trade Signals

S.A.M. Trade Platforms Summary

PlatformS.A.M. Trade
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)x
Social Trading
Other x
S.A.M. Trade Platforms

S.A.M. Trade Review

Research and Education

S.A.M. Trade Academy

In the brokers academy section, you will learn some of the key things that a beginner needs to know about forex trading from the basic forex terms and definitions.

S.A.M. Trade Academy
S.A.M. Trade Academy

S.A.M. Trade Trader’s Club

S.A.M. Trade’s Traders Club aims to help everyone learn how to trade forex markets, by providing financial education and support to traders from all walks of life.

Economic Calendar

There is a market news calendar powered by Myfxbook on the brokers website. This displays the up and coming news releases along with the previous, forecasted and actual impact they can have on the global markets. It is a trading tool that is often used for conducting fundamental analysis.

S.A.M. Trade Economic Calendar
S.A.M. Trade Economic Calendar

S.A.M. Trade Research and Education Summary

ResourcesS.A.M. Trade
Market Analysisx
Trading Centralx
Economic Calendar
S.A.M. Trade Resources

S.A.M. Trade Review

Deposit and Withdrawal

S.A.M. Trade support account funding through bank transfer, card payments and crypto. Bank transfers take between 1-4 days to clear whereas card payments can be done within an hour during business hours.

S.A.M. Trade Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Walletsxx
S.A.M. Trade Funding Options

S.A.M. Trade Review

Regulation and Safety

S.A.M. Trade is incorporated in Saint Vincent and the Grenadines under registered number 25290 IBC 2019 by the Registrar of International Business Companies. S.A.M. Trade is also a member of The Financial Commission. S.A.M. Trade is registered and regulated by FINTRAC (Financial Transactions and Reports Analysis Center of Canada) under Money Services Business (MSB) with registration number: M19977589. Its affiliate, S.A.M. Trade (Asia) Pte Ltd is publicly traded on the OTC Markets in the United States of America with the symbol (OTCMKTS: SMFX).

S.A.M. Trade Regulation Summary

RegulatorS.A.M. Trade
ASIC (Australia)x
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
Other (SVGFSA)
S.A.M. Trade Regulators

S.A.M. Trade Safety

Since incorporation, ensuring trust and confidence in every client and partner has been central in everything that S.A.M. Trade does. The added layers of security – on top of the existing licenses that S.A.M. Trade already holds, reinforces the brokers commitment toward setting the highest possible standards in corporate governance, trading experience, and client satisfaction. The high standards that S.A.M. Trade imposes on itself is enhanced by SamAide which offers robust fund security for clients to trade with a peace of mind.

S.A.M. Trade Review

Client Support

S.A.M. Trade provide support via an online form and email. Registered clients can also speak to a member of the team on live chat.

S.A.M. Trade Review


S.A.M. Trade is an online trading brokerage that provides a great range of trading products and services to clients all around the world. They were founded with the main objective being to provide traders with safe, easy, as well as low cost access to foreign exchange markets. They have since expanded and alongside forex currency trading, provide CFDs on cryptos, indices and commodities.

The S.A.M. Trade founders and partners are all traders themselves and have extensive trading experience in forex and CFD trading. This enables them to offer what traders want, which includes user-friendly platforms, tight spreads, low commission fees, flexible accounts and payment options, trading tools and educational materials.

S.A.M. Trade has regional presence in Malaysia, Indonesia, Vietnam, Thailand, as well as Philippines to provide an all-round, personalized service to their clients and partners. They strive to set the highest standards of client satisfaction and cater to the special needs of clients, with a bespoke service tailored to your own requirements.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

S.A.M. Trade Review


When was S.A.M. Trade founded?

S.A.M. Trade was founded in 2015.

Where is S.A.M. Trade located?

S.A.M. Trade is based in Malaysia.

Is S.A.M. Trade regulated?

S.A.M. Trade is regulated by the FSA in Saint Vincent and the Grenadines.

What trading instruments does S.A.M. Trade offer?

S.A.M. Trade offers CFDs on forex, indices, cryptos and commodities.

What is the S.A.M. Trade minimum deposit?

The minimum deposit required by S.A.M. Trade is $10.

What investing platforms does S.A.M. Trade offer?

S.A.M. Trade has the MT4 platforms for desktop, web and mobile devices.

What is the S.A.M. Trade commission fee?

S.A.M. Trade do not charge a commission fee at the time of writing this review.

What are the S.A.M. Trade spreads?

S.A.M. Trade spreads are variable and depend on the account type and market conditions.

What funding options does S.A.M. Trade offer?

S.A.M. Trade accounts can be funded by wire transfer, card and cryptos.

Does S.A.M. Trade offer demo trading?

Yes, there is a S.A.M. Trade demo account if you would like to trial the brokers service risk free.

Does S.A.M. Trade offer Islamic accounts?

Yes, there is the option of a S.A.M. Trade Islamic account that complies with Sharia law for Muslim traders.

How do I contact S.A.M. Trade customer support?

You can contact the S.A.M. Trade support by contact form and email only.
S.A.M. Trade Review
S.A.M. Trade Review
Minimum Deposit: $10
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.