On-line since: 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.
9/10
(votes 6495)
Web-site: ForexMart
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As a newbie, I love their 30% welcome bonus when doing deposit and non-deposit bonus.
I'm happy-go-lucky to be trading with ForexМart. As they have a live and fastest MT4 platform, I can open a position in a moment with a fixed spread. They have a stable payment service too, I can withdraw my money very fast. So I say, day traders can use the ForexМart without any issues.
After I searched for information about Forexmart, it turns out that they have many advantages such as account security, quite large bonuses, various payment methods and a high level of trust from customers. However, I also saw that there were several customers who had complaints but Forexmart also tried to resolve the obstacles that customers faced. I am still considering many things to work with Forexmart.
Forexmart has a stable MT4 platform and I am satisfied with their fixed spread and many bonus offers. I have deposited $500 in a live account and earned almost $800 in profit. It is only possible for their nice service. So I think Forexmart is a reliable broker in the market.
I am happy after investing with ForexMart and I can use their user-friendly platform to make a $450 profit without any risk. As here I found the fastest execution and fixed spread, as I can do scaling trade. Besides I am amazed at withdrawal processing time. So I stay with ForexMart.
I am enjoying aftertrading with Forexmart broker, they given me better experience with tight spreads , instant order exertion and a, good withdrawal service so far. I say Forexmart are a professional broker, As their analysts,are established in the market and their analysis are very accurate to a a smart profit.
I am happy after investing with ForexMart and I can use their user-friendly platform to make a $450 profit without any risk. As here I found the fastest execution and fixed spread, as I can do scaling trade. Besides I am amazed at withdrawal processing time. So I stay with ForexMar.
I can make a $400 profit with the ForexMart platform. As their spread is fixed and execution is fast. I say this is very reliable to me and I can withdraw my profit within a short time with ForexMart so far.
I have found the ForexMart broker, who is very honest and reliable in the market. I can use an EA with this broker and the order execution does not have any spikes or no hang-ups. They have the best forex spreads and the best service too. I got a 30% bonus from my very deposit. I have not encountered any problems with ForexMart.
I am trading in a live account at ForexМart. My experience is nice, As I got MT4 platform is extraordinarily fast and the live trading is flawless. Till now, I made a total profit of $870. On last Friday I made a withdrawal of $350 and it took two hours to get the money into my Skrill account. I am extremely satisfied with ForexМart broker.
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