Our review of ForexMart.com found a reputable and experienced broker which has been operating since 2014. Based in Saint Vincent and the Grenadines, the broker is owned and operated by the offshore company Tradomart SV ltd.
ForexMart offers you a wide range of trading opportunities, across a diverse selection of asset classes. This includes an extensive range of forex pairs, as well as CFDs, metals, and cryptocurrencies. You can also enjoy a low minimum deposit limit on almost all standard accounts.
Considering the above, our review team found ForexMart to be the best broker for those looking to expand their trading profile. Continue reading to learn more.
Benefit from Secure and Valued Regulation
Our ForexMart review team conducted a thorough review of the brokers regulatory documents and status and were very impressed with the results.
ForexMart is regulated in several jurisdictions, including Saint Vincent and the Grenadines for international clients and Cyprus for EU clients. This means that you can trust that the broker operates in a responsible manner.
As an international trader, your funds are protected by the fact ForexMart keeps all client funds in segregated accounts. This means they cannot use your funds for operational costs or proprietary trading.
A Selection of Excellent Account Types
As a ForexMart.com trader, you will have access to four live account types. These are available in addition to a free demo account, which you can use without limitations.
The four main account types at ForexMart are:
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ForexMart Classic
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ForexMart Pro
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ForexMart Cents
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ForexMart Zero Spread
These accounts operate with a varying minimum deposit from $1 to $200 with the Pro Account. The spreads you can benefit from also vary between 0-1.2 pips. Market execution is catered for on all of the accounts, apart from the Zero Spread account which operates with instant execution.
Overall, our ForexMart review team feels there are plenty of options for you to find an account type that perfectly aligns with your needs.
Claim an Attractive Welcome Bonus
As an international client at ForexMart, you can benefit from a generous welcome bonus. This is available to all new traders and it is awarded to you when you make your first deposit.
Depending on the size of your initial deposit, this bonus can provide you with a substantial bankroll boost. It also gives you a great opportunity to get to know the broker and their trading platforms.
Competitive Trading Costs at ForexMart
The first thing our ForexMart review team considered were the spreads on each asset. Youll find these to be competitive, starting at 1.2 pips on average when trading major currency pairs with a Classic Account.
Spreads reduce to just 0.8 pips when trading through a Pro Account, although the minimum deposit amount for this account is relatively high. Overall, trading costs at Forex Mart are very much in line with brokers of a similar stature.
All accounts operate on a floating variable spread basis with the exception of the Zero Spread account type. Here you can benefit from no spreads, although a variable commission is applied.
ForexMart does not charge any deposit fees outside of what your financial institution may charge, and there is no inactivity fee. You may, however, incur withdrawal fees depending on your banking method.
Fund Your Account via Reliable Payment Methods
Our review team found that you can fund your ForexMart account via all the major deposit and withdrawal methods you would expect to find at a reputable broker site. This should ultimately make your deposit and withdrawal process flow very smoothly. The methods available are as follows：
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Bank Transfer
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Visa/MasterCard/Union Pay
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Skrill
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Neteller/PayCo/FasaPay/Qiwi
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AliPay
You can deposit and withdraw via all of these methods, and almost all withdrawal requests are handled within 48 hours.
Utilize the Best Trading Platforms
Our review team were pleased to see that the industry stalwart and much trusted MetaTrader 4 can be used at ForexMart. If youd prefer to avoid downloading software, you can also use MetaTrader for Web.
These two options allow you to make efficient trades with ease. ForexMart also offers a variety of trading tools and allows for both the use of robots and scalping.
Trade Whenever and Wherever You Want
Our review of ForexMart discovered that the broker offers a proprietary, name-brand mobile platform. This is in addition to the offering of MT4 mobile which is convenient, robust, and among the most powerful technical mobile platforms in the sector.
Both platforms make it convenient for you to trade on the move, which is essential in such a dynamic industry
Enjoy Unparalleled Support from a Professional Help Team
The ForexMart.com support team is available on a 24/5 basis through web-based live chat, email, Skype, Whatsapp, Viber, telegram and phone. They also offer a callback service.
Our ForexMart review team thoroughly tested this service and found the support team to be knowledgable, polite, and fast.
This readiness to help is something our ForexMart review were particularly impressed by, as it proves this broker is trustworthy and values its traders.
Our Expert Verdict of ForexMart
Overall, our ForexMart review team were pleased with what they found. Although the broker has only been in operation for a handful of years, it has already developed a stellar reputation. This is thanks to its transparency, competitive pricing, and dedicated professional support.
Register at ForexMart.com now to discover the many benefits of trading with this first-rate broker.
FAQs
Is ForexMart a regulated broker？
Yes. ForexMart is licensed and regulated in several jurisdictions, including within Saint Vincent and the Grenadines for international clients and by CySec for EU clients.
What account types does ForexMart offer？
ForexMart offers four distinct live account types; Classic, Pro, Cents, and Zero Spread. They also offer a demo account without limitations.
Does ForexMart offer a bonus？
Yes, ForexMart offers a generous deposit bonus to international traders.
What is the minimum deposit at ForexMart？
The minimum deposit is just $1.
Is ForexMart secure？
Yes. They are a large company which has been operating for a number of years and have always been transparent and compliant with all regulation they are subject to.
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