Up
Rating
Forex Broker
0
Brokers
0
Reviews

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 6354)

Web-site: ForexMart

Author of ForexMart: Qarsuri | Date 2022-11-08
I have been trading with ForexМart for a long moment! So far, I never had any problem with them. Their execution is fast and adapted for scalping. Deposits via Skrill or Neteller are almost instantaneous. What about the withdrawal amount, withdrawal via Skrill processed within three 4 hours. I like their customer support.
0
0
Author of ForexMart: Daniel Timothy | Date 2022-10-25
I have found many advantages with ForexМart broker. As their spread is fixed and the MT4 platform is so advanced due to up-to-date tools, indicators, and software. So trading is profitable, which is beneficial for any scalper. I have a successful trading life with a $500 profit. Last month I had withdrawn $260 from my account through the Skrill account. Overall I am satisfied with ForexМart so far.
0
0
Author of ForexMart: Wemypas | Date 2022-10-12
I have been trading with ForexМart for quite some time now and so far, my experience with them are awesome. . I have never had any issues with execution, spreads are so thin that scalping has never been a problem. I started with $3200 now its turnover around $5400 just in 6 months. Thumbs up!
0
0
Author of ForexMart: Girxa | Date 2022-09-30
I trade with Forexmart for a couple of months and I like their trading conditions, their trading server and best trading platform they provided. I trade via MetaTrader5 and MetaTrader5 Mobile that very user friendly and works with fast execution of trades and real time prices. The most important thing I like is, while trading it less frozen and order execution are mostly executed smoothly. I can earned $2150 - $3500 in every trading, its really make me happy. You guys should try trading in Forexmart.
0
0
Author of ForexMart: Gong | Date 2022-09-25
I enjoyed the deal with the Forexmart broker and I can monitor the live trading activity on the MT4 platform. I have experienced the best pricing quote, fast execution, and fixed spread so far. So I have $200 invested and earned $220 in profits. I have withdrawn $100 profits via the Neteller account. Forexmart has given me a professional support service, they have well regulations too. Actually, I recommend Forexmart broker.
0
0
Author of ForexMart: Jhonny | Date 2022-09-16
ForexMart is not my first broker, but I'm sure they are a good enough broker to trade. I joined them six months ago, and my trading is going smoothly even though I faced some problems while trading but it's not significant, and their department solved it quickly. The last trade on EUR/USD brings me a profit of more than $300 and I want to withdraw it. I withdrew the profit easily through the Skrill account and usually get within 2 days. So far so good with ForexMart.
0
0
Author of ForexMart: Imotily | Date 2022-09-11
I have 2 accounts with ForexMart and I definitely believe these guys are a legit brokers. They have a tight spread, no requoting and slippage, and smooth execution. Their deposits and withdrawals are so fast and so easy. They are highly recommended. I wish all brokers are this way.
0
0
Author of ForexMart: Julian | Date 2022-09-05
I've been trading with Forex Mart for more than 2 years and I believe this broker has everything that a trader needs: reasonable spreads and deposits, modern platforms and helpful support team. Their platform is convenient for option trading because they have not price latency. I was leave my previous broker they have huge price latency. My initials investment was $500 and I have earned $624 within 3 months. When I tried to withdraw half of my profit, it comes to my Wire Transfer account less than 9 hours after the request. I recommend this broker.
1
0
Author of ForexMart: Waqas | Date 2022-08-29
I am enjoying forex trade with ForexМart. They have a stable forex MT4 platform with a fixed spread and the fastest execution. They have many profitable tools and solid signals too, which helps me to make a profit. So I feel secure with the ForexМart broker.
0
0
Author of ForexMart: Cruzzy | Date 2022-08-22
ForexMart is not a perfect broker, but they are good enough to be a partner for forex trading. So far, my trading with them is going good and smoothly. I like their low spreads on the platform and stable even at market volatility. I haven't had many issues with this broker. So far so good trading with ForexMart.
0
0
Show more

Add comment
Text:
Brokers Reviews

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

Forex charts and quotes





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!