ForexMart BROKER REVIEW
Please remind that ForexMart Review is not an investment advice and does not force the user to register with the broker. Each content is purely encyclopedic and is based on recent estimations. Your capital may be at risk.
ForexMart is a worthy example of a modern broker who has established itself as a reliable trading partner, guaranteeing the safety and comfort of online trading. The company is a trademark of Instant Trading EU Ltd., regulated by the Cyprus Securities and Exchange Commission (CySEC).
The priority goal of the company is to provide safe and comfortable online trading services. Modern high-tech software, the use of anti-fraud systems, and wide range of trading accounts and tools allow the broker to provide high-quality services to its clients. Since its founding in 2015, the company’s achievements have been repeatedly marked by a number of reputable publications in the field of trading in the financial markets.
Among the main advantages of ForexMart can be identified:
- work in a convenient and intuitive terminal MT4
- use of ECN technology
- opportunity to trade on Islamic accounts
- good trading conditions for beginners – minimum deposit is $1 / €1
- the lowest spreads in the market, low fees
- a wide choice of account types and trading instruments
- diverse educational resources
Instruments:CFD, Forex, Crypto, Stocks, Metals
Demo Account: Yes
Min. Deposit: $ 1
Min. Trade Amount: $ by the account type
MT4 App: Yes
Mobile Apps: Android, Apple, Microsoft
Automatic Trading: NA
Pre Orders: Yes
Islamic Accounts: Yes
Max. Leverage: 1:30 for Eurozone
Accepted Countries:Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries
Forbidden Countries:United States, Cuba
Available Assets: 108
Spread Average: 0.1 pips
Available Coins: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, ZEC, BNB
Spread Average: 0,5 %
CFD, STOCKS AND COMMODITIES
Available Assets: 53+
Spread Average: 3 pt / 4 pips / 0,2%
ForexMart Account Types
ForexMart offers 5 types of trading accounts. Each account has its own free demo version on which you can trade using virtual cash.
- ForexMart Classic with minimum deposit €15 – intended for classic trading with minimal requirements.
- Pro with minimum deposit €1000 – designed for more serious and sophisticated traders.
- ForexMart Cents with minimum deposit €15 – mostly fits for traders, who just start their trading activity. Suitable for algorithmic trading.
- Zero Spread with minimum deposit €1 – the only type of account with a commission 0,02%-0,07%. This condition applies to trading in major currency pairs.
- ForexMart Scalping with minimum deposit €100 – intended for those traders, who prefer to take small profits quickly as they become available within the marketplace.
Each of the proposed accounts is compatible with the work of electronic advisors and can be worked on with the leverage from 1 : 2 to 1 : 30.
ForexMart ECN system
Electronic Communication Network technology allows you to directly connect market participants with major liquidity providers without the presence of intermediaries and dealers.
Thanks to the ECN system, ForexMart allows customers to use narrow spreads, low commissions and instant execution of orders.
ForexMart Terminal MT4
ForexMart supports the standard Forex trading platform MetaTrader 4, that provides a wide range of tools and functions that a trader needs: a number of technical indicators, an extended package for charting, a wide range of Expert Advisors (EAs) and an extensive environment for back testing. It allows to track few charts simultaneously, trade directly from the chart, place orders, and manage multiple orders.
Methods of depositing / withdrawing funds on ForexMart
Bank transfer; Visa, MasterCard; Skrill, Neteller, Sofort, B2B in Pay.
Conclusions about ForexMart
ForexMart is a trusted broker that provides solutions for beginners and advanced traders.
ForexMart is known as a reliable and secure broker. The company is a member of the Investor Compensation Fund, so every client can insure the deposit. Moreover, as part of the industry standards, ForexMart separates all client funds from company assets to ensure clients money is safe and available at any time.
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