Founded in 2017, Samtrade FX operated as an online trading brokerage offering access to a range of financial instruments, including forex, commodities, indices, and CFDs, primarily through the MetaTrader 4 (MT4) platform. The company was registered in St. Vincent and the Grenadines but had significant operations and management based in Singapore. It marketed itself to a global retail client base, promising a secure and efficient trading environment. However, its operations were halted in late 2021 after a joint investigation by Singaporean authorities into the company's unregulated business activities.