Forex Broker

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ForexMart review

On-line since: 2015
Country of origin: Cyprus
Regulation: CySec
Payment options: wire transfer, Visa and MasterCard bank cards, PayPal, Paxum, QIWI, Skrill, PayСo, NETELLER, MegaTransfer
Minimum account size: $1
Minimum lot size: 0.01 lot
Leverage: from 1:1 up to 1:1,000
Spreads: 2 pips

About the company:

ForexMart is a trademark of Tradomart Ltd. (earlier Fxco Trading Ltd.). This brokerage firm is registered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker provides services to trade Forex, CFDs on shares and spot metals through the most popular trading platform, MetaTrader 4.

Safety of clients’ funds

Tradomart Ltd. delivers its brokerage services under the trademark of ForexMart, which is properly licensed and operates under the authority of the Cyprus Securities and Exchange Commission (license number 266/15).

Besides, Tradomart Ltd. holds a cross-border license issued by the CySEC, permitting investments and additional services in compliance with the European Financial Instruments Directive (MiFID) across the European Economic Area.

The CySEC applies particular rules for brokerage companies. One of such essential rules is the requirement to the minimum capital size which should be at least €1 million. For extra safety of clients’ funds, the company is a certified member of the Investor Compensation Fund (ICF). It means that in case of the broker’s bankruptcy a client will be able to withdraw up to €20,000.

Trading conditions

The minimum deposit with the broker starts from USD/EUR/GBP 1. Compared to other brokers in Cyprus which require from $50 up to $500, ForexMart offers very beneficial trading conditions in the forex industry.

With ForexMart, traders can choose between two account types: ForexMart Standard and ForexMart Zero Spread. Besides, a demo account is also available with the broker. The first account type offers fixed spreads and a zero commission. So, a spread equals 2 pips for EUR/USD. The second type of a trading account means a zero spread for the same pair but the broker charges a commission of 2 pips. Other companies under the CySEC regulation set forth similar fixed spreads.

The maximum leverage with the broker is one of the biggest among other retail brokers. So clients can set leverage of 1:1,000. Importantly, high leverage enlarges both profits and losses. Therefore, some brokers restrict their leverage. ForexMart offers leverage of 1:100 to trade gold and silver. Leverage for CFDs is 1:20.

For trading accounts deposited with over $1,000, leverage can be raised to 1:500.

Trading platform

Clients trade through the MT4 trading platform which allows them to monitor up to four charts in parallel. The trading platform is equipped with several technical indicators and expert advisors (EA).


The broker offers its clients a welcome 30% deposit bonus and a non-deposit bonus up to $150. They cannot be used together with other bonuses. Those clients who have received a non-deposit bonus are provided with leverage of 1:200.

ayment methods

The broker allows its clients to deposit an account and withdraw money by means of bank cards, wire transfer, and electronic payment systems such as Neteller, Skrill, PayPal, and Paxum.

ForexMart 9/10 (votes 6038)

Web-site: ForexMart

Comments Interested in other brokers?
Author of ForexMart: Ola | Date 2018-02-15
Although, I am a new broker on Forex mart, I just opened an account last week on this platform. However, a deposit of $100 on my forexmart was so fast, this gives me hope that I will enjoy forextmart platform. But do not worry, I will keep you guys posted about my trading experience on this platform, as time goes on.
Author of ForexMart: Amaia | Date 2018-01-02
Registration with ForexMart is very simple. I was able to generate an account with ease and selected from the three accounts. I opted for the micro account for starters. The verification process was also not complicated and I was able to contact them regarding the process.
Author of ForexMart: Gbemi | Date 2017-12-19
I have two accounts with them, I have really enjoyed the their services, especially their withdrawal and execution method. The first time I tried withdrawing $80 from my account through wire transfer it was very fast it took just 2 hrs before I got my money, even one of the support department called me to apologize for delaying, which I was even surprise. Because compare to the two brokers that I have used in the past my withdrawals always take 24 hours or more than. I recommend Forex mart to all.
Author of ForexMart: Kaite | Date 2017-12-18
Excellent broker, very effective execution and low spreads. CySEC regulated. Groundbreaking concept with connecting traders and investors. Creating opportunities for good traders to earn performance feed and also creating new unique opportunities for investors to build a balanced portfolio of skilled traders. Customer support is also first class. Probably the best broker around
Author of ForexMart: Hajman | Date 2017-12-07
I am done for the day with forexmart and they also provide online video tutorial class in the website. I am a new comer in forex trading and almost 5 months working on their platform. As newbie, I have tested some techniques and hopefully there will be a profit. I still remember after first 1 hour trade I only managed to get $5 which for me, it was not bad as a new trader. I am here still finding and practicing new techniques in a low capital and Forex Mart is the most suitable broker that allowed me to deposit $100 to start my trading activities. My account has grown at least 20% since I began few months ago. I am still learning now and wish that will pay me over and over again. Thanks forexmart!
Author of ForexMart: Durban | Date 2017-11-28
Hey all, if you are thinking to join forexmart today, my advice is go ahead and join them you will not get irritated with them. I have been joining their platform since year 2015, and enjoy trading life till now. The most important part, the broker is honest and transparent to me as a client. Each term and condition are explaining in detail and not much hiding like others. In real, I am also comfortable while working on the platform and it is important to have such an easy access into it, also the right tools or indicator in order to trade rightly. For me, GBP/NZD currently move by 200 pips since end of October 17 till yesterday. I have my own target and it slightly to hit this week. It was great experience with Forexmart and I wish more precise trades. All the best all!
Author of ForexMart: Beatriz | Date 2017-11-24
The economic news posted in ForexMart helps me to keep updated regarding the latest events in the financial markets. I find this very favorable because I also invest to other markets.
Author of ForexMart: Akashi | Date 2017-11-02
From my point of view Forexmart is a top and vast run brokerage. It has been established and well-regulated for more than 5 years. It is also one of the reason why I selected them! I felt more comfortable when working on their MT4 platform. Graphics is very clear and not much disruptions. I don’t face any heartache down the road. Most important thing, Stop loss and take profit order are well-executed as I wish. Recently, profit just generated with started minimum capital of a $100. Glad to see when it turning to profit after so much hard work within 2 months’ time to $400. I choose Paypal method seem it is more suitable to me. It also fast with approval time less than 4 days. Still in the midst of learning analysis tools to improve skills and strategy.
Author of ForexMart: Micaela | Date 2017-10-25
I could get $400 trading in forex market with this broker since August. I opened a micro account first during the first month to reduce my risks and my trading was good, the execution in the trading platform MT4 is instant, so there are no delays. Its fixed spread really helped to get my earnings and set wisely my orders. During September, I opened another account which allowed more amount of volumes, and I had excellent results too. I made my deposits and withdrawals with Skrill and no problems so far. The commission they charge is low and the process is very fast, just a few hours.
Author of ForexMart: Andy | Date 2017-10-19
Forexmart is a certified broker, also the trading conditions are very easy to understand, their site is simple to navigate, , but spreads could be lower to be more competitve. Recently I went through the verification process, wich I considered very fast and simple. I deposited $40 last month, and since then I have been trading with EUR/USD, so far so good.
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