Up
Rating
Forex Broker
0
Brokers
0
Reviews

RatingFX: independent rating of Forex brokers

ForexMart review
ForexMart


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).

Bonuses

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 6188)

Web-site: ForexMart

Author of ForexMart: Roky | Date 2016-12-27
Everyone knows that there is no perfect broker. Every has its own drawbacks. As for Forexmart, everything suits me, all services are at the high level.
0
0
Author of ForexMart: Frédérique | Date 2016-09-02
I waited for a long time for my no deposit bonus but with the good explanations of customer support and consistent follow-up I got it already and starting to trade. I hope it will last for a long run and I will never regret to choose them as my new broker.
0
0
Author of ForexMart: Chirico | Date 2016-08-30
I love bonuses and perks at ForexMart! Their bonus offers are great. These bonuses are some of the highest which I come across so far. I haven’t made any withdrawal yet but so far from what I read about them, they are good for it so I am confident. Also, they have great range of trading platform. In my opinion, ForexMart is the best broker.
0
0
Author of ForexMart: qireOopo | Date 2016-08-15
The reason why I decided to open an account with Forexmart is that they have a very reliable trading system. My friends have an account with them and so far, they're very happy and satisfied. I also want to partake on their weekly trading contest.
0
0
Author of ForexMart: KırkDokuz | Date 2016-08-02
Before ForexМart I had problem with 4 other brokers, now I start trading with them. In my trading experience with ForexМart I didn’t faced any single problem. No hidden costs, transparent services, and no extra pain. They have very good spreads and highest leverage which is very helpful to me. Moreover new trader can get upto 300 dollar no deposit bonus. I do believe that this is one of the best brokers.
0
0
Author of ForexMart: Yaiza | Date 2016-07-22
Recomendado para los principiantes que tienen un soporte en vivo y chat en vivo que puede ayudar a que el 24 hours.You puede pedir que las preguntas con una respuesta directa al grano.
0
0
Author of ForexMart: Oium | Date 2016-07-19
I like the platform at ForexMart so much. I like trading without commissions and I like that their professional trader allows me to trade without any slippages. I do wish I could use either a check or PayPal, but neither is accepted. Furthermore, ForexMart has great platform, no commissions and no slippage.
0
0
Author of ForexMart: Dmytro | Date 2016-07-18
Many options for deposits and withdrawal it means it is very accessible to trade with ForexMart.
0
0
Author of ForexMart: FxErfan | Date 2016-07-13
I trade with a few brokers and I can’t complain about ForexМart . So far it’s been nearly 4 months and I’m satisfied with their system and services. I would recommend to others if you're looking for reliable and good service. I also have a demo account for 2 weeks and now open a real account. So far it's been great and I have never done this before.
0
0
Author of ForexMart: Deniece | Date 2016-07-08
ForexMart is a good broker! I am using them for 7 month and I am happy. They have good conditions for scalping and also fast support, platform is working well. Everything is fast and good. Sum up, ForexMart has fastest execution I have ever had. I highly recommend this broker to all traders!
0
0
 1 .. 4 5 6 7 8 9 10 .. 18 

Add comment
Text:


Forex charts and quotes

RECOMMENDED FOREX BROKER
FOREX BROKER №1 IN EUROPE
30% bonus for EACH deposit
Leverage 1:1000




Special offers
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!