ForexMart Review

| June 5, 2016 | 33 Comments

Company Overview

ForexMart is an online trading platform that provides trading options for forex and Contracts for Differences (CFDs). Regulated by Cyprus Securities and Exchange Commission (CySEC), ForexMart offers excellent trade execution at competitive rates, which sets it apart from its rivals. It endeavors to give an efficient trading platform to its clientele, which is why it has created a conductive online business environment. Operating out of Cyprus, ForexMart has only been online since 2015, yet in this relatively short period, it has picked up numerous awards including the Best Broker in Europe award and the Most Perspective Broker in Asia award for the year 2015.

Trading Platform

When it comes to trading platforms, ForexMart has opted for an extension on the reliable MetaTrader 4 called the ForexMart MT4. It houses more than 40 technical indicators along with a customizable interface. ForexMart MT4 is the simplest trading platform when it comes to forex trading and as it supports many trade size allocation methods, it is the best choice for new and inexperienced traders.

ForexMart MT4 provides an in-depth analysis of the market by uploading charts and blocks of data. It also offers a feature for new traders to communicate with professional ones, thus ensuring that expert help is always just a click away.

There are two account types on offer: the ForexMart Standard account and the ForexMart Zero Spread account. The ForexMart Standard account requires an initial deposit of 1 USD/EUR/GBP but promises spreads as low as 2.0 pips at leverage as high as 1:1000. On the other hand, the ForexMart Zero Spread account also requires a minimum deposit of 1 USD/EUR/GBP but promises zero spreads at a fee of 2 pips. The minimum trade size is 0.01 lots and promised leverage is up to 1:1000. Both accounts promise a margin call of 30% and a margin call stop out at 10%.

Features

  • Demo accounts available
  • Impeccable customer support
  • Top of the line trade execution
  • Free educational materials
  • Negative balance protection
  • Efficient trading platform
  • Welcome bonus of 30%
  • No deposit bonus of up to 300 USD
  • Leverage of up to 1:1000
  • Minimum initial deposit of $1
  • Tight spreads starting from 2 pips
  • Minimum lot size of 0.01

Customer Support

ForexMart takes great care of its clientele, which is why it has made a call-back feature available on its website that allows traders to leave a notification on the site and a representative of the firm would ring back as soon as possible. Moreover, its website is available in multiple languages such as English, German, Japanese, Russian, French, Italian, Spanish, Portuguese, Bulgarian, and Malay. Furthermore, 24/5 customer support is available via email, phone, and mail. To increase the level of convenience of its users, ForexMart also allows users to register their complaints via Skype.

Conclusion

ForexMart is one of the best online brokerage firms. Finding a flaw in its excellent business model is frankly quite difficult. Whether it is its fantastic customer support or astonishingly quick trade executions, ForexMart is the complete package when it comes to forex trading.

Office website: https://youtradefx.com/

Category: Reviews

Comments (33)

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  1. Andy says:

    It is nice that they increased the no deposit up to $300 , at least if ever someone got a chance to have that amount, it would enough to use as a capital.

  2. Bean says:

    I had no complaint against this broker as long as I can generates more money using their reliable platform. have traded on that gives me the price I click instantly, no waiting, no manipulation, no deal desk, , the absolute one of the good price I have ever received in this market.

  3. Lara says:

    I just want to compliment ForexMart for their good deed after I tried to send a certain amount of euro to Japan for my dad. My dad received the money and this company grant me a minimal fee.

  4. Martina says:

    The terms and conditions are clear and the fees are transparent. This way I can calculate my gains and losses and other bonuses and manage my portfolio. I think this is an important qualification a broker should have. This broker meets that.

  5. Paloma says:

    In my 3 months trading in this broker at demo account, I enjoy the No deposit bonus until I made my decision to open a Live account because I knew that my account will be secure and their service are good. Now I am in 2 months trading at ForexMart in Live account and I am looking forward that they will continue their good service and promo for their clients.

  6. Salmo says:

    Ik bijna minder dan’s een jaar gebruiker the van ForexMart , kon ik zeggen the dat hun the Customer the Service How it works Support Group is zijn echt goed. Omdat ik ervaar eens moeilijkheden in mijn bonus terug te trekken en ik weet niet the wat te doen. Daarom heb ik Besloten om Gericht aan hun groep support en ze onmiddellijk beantwoordde al mijn vragen en helpen me om mijn bonus te kunnen opnemen .

  7. Hamir says:

    Margins are low as well as the initial deposit required. It makes it easier for me as a newbie to participate in trading since I worry less of the requirements, Then later, I received a 30% bonus which really helped me a lot.

  8. Shad says:

    Ik probeerde Forexmart en ze zijn een legit makelaars. Mijn financiële transactie met hen heeft geen verborgen kosten en transparant. Keep it up!

  9. Liza says:

    Deze makelaar is onmiskenbaar de enige makelaar ik vertrouw. Ik ben één van de cliënten ForexMart voor meer dan een jaar en ik heb nog niet ondervonden geen problemen met mijn transacties.

  10. Aliz says:

    Ik ervoer technische kwestie maar een keer helemaal door mijn handel carrière bij ForexMart maar deze geweldige broker meteen een goede oplossing voor de kwestie gesteld. Deze makelaar indruk op mij zo veel!

  11. Sing says:

    Trading is not easy but I am glad that ForexMart is my borker because they patiently guided me with my trading when I started a month ago. Now, I can trade with less worries and gaining profit.

  12. Sung says:

    I was lucky enough because I got a chance to deal with this company. From the day I’ve transferred to them the results of my trades are usually profitable. Every time I needed to make some withdrawals, I don’t encounter any bad issue.

  13. Grok says:

    Normal company. Trade with it for the seventh month. No complaints about the execution and the operation of the terminal. Very convenient and handy personal account.

  14. Genius says:

    I’m fond of Forexmart. Spreads are good, a lot of currency pairs.Customer support is always helpful and friendly.

  15. Radovan says:

    I really like with a 30% bonus from forexmart, beside that, they have a friendly support team that is always online when I want to ask.

  16. Ryo Hermawan says:

    From my personal experience trading with this broker is good. They are very honest and the spreads are tight and very low. A traders must educate themselves to win the battle in Forex because the good service of the broker is nothing if the traders are not knowledgeable enough to trade. Anyway, I highly recommend this broker to those who to trades seriously.

  17. Jerry says:

    I did not have any problem with this broker. infact i’m 100% satisfied with them, they have good customer service and all the
    company staff is online all the time and i get to talk to them any time i want. cant ask for better!

  18. Chris says:

    I have got an account with this broker for 8 months and i have never experienced requotes or slippages with it. I don’t get profit every month, but the last one was profitable, i earned $156. and the most important is that i withdraw my money with no delays.

  19. Rick says:

    I love its execution and no swap so I can hold my position for couples days. With many difference promotion forexmart surely provide us many choice start from no deposit bonus, welcome bonus, weekly contest, I love the forexmart zero spread that provide thick spread and fast execution.

  20. Tom says:

    After six months passing with them I found they are providing a variety of trading instruments, addictive contests, big bonuses and innovative services. In live account my verification was completed by the assistance of their customer service department. They were very quick and professional. Yesterday I deposited $50 and they credited 30% welcome bonus on my trading account. I’m very impressed with their stable system and service.

  21. Mamer says:

    I enjoyed the 1:5000 leverage offer of this broker, it’s such a great thing that ForexMart offer this kind of service. I was able to acquire a profitable position for my money.

  22. Derrick L says:

    I have been trading with Forexmart for months, and this broker is trusted and honest! Thus, I have experience with several different brokers, but ForexMart is by far my broker of choice. They deliver on their promotions, and their customer service is friendly and professional, and their software is easy to manage. In addition, they have super low spreads, and offer a user friendly but advanced trading program as well! They also offer nice first deposit bonus and allow the use of EAs and scalping along with aggressive scalping!

  23. Marco says:

    Since I became forexmart client, I could trade in forex market with just $1. Now, I have different accounts, all of them with a good amount of earnings.Customer client is great, very pending
    of me and my process as a trader.

  24. Yaki says:

    As I have learned from my previous trades, I should always check my account every now and then in order to gain more and abate losses. Hence, it is a good choice that ForexMart provided the S/L option which functions automatically and stops my trade whenever necessary.

  25. Dai says:

    I got the 6th place in the Moneyfall contests of ForexMart!!! Whereas, I gained additional 60USD in my trading account. You too guys can win, it’s truly enjoying.

  26. Avery says:

    Better deals is my expectation to ForexMart and they did not disappoint me. I used their automatic stop-loss option which boost my confidence in trading allowing me to make higher trades.

  27. Andrea ForexMart says:

    Hi! I am an official representative of ForexMart. We want to extend our services to you. Any comments, feedback or queries will be answered here promptly. Thank you!

  28. Fxmania says:

    In my opinion, the economic news featured by ForexMart, which can be seen at the Tools section of their website, is really significant for it helped me to be updated regarding the most current events within the financial market, thus, it also influence my trades.

  29. Trademaniac says:

    I have been subscribing with ForexMart’s copy trade feature and it works fast and excellent. I just checked my recent trade and I was able to gain profit as soon as the member copied gained some.

  30. Budang says:

    Initially with the volume that I was trading, I had a worry that they would not be able to handle it. However, they proved me wrong and I have been very impressed with that. The deposit and withdrawal process has been smooth.Good job ForexMart.

  31. Kyah says:

    I earn additional profit through forex trading on a monthly basis. ForexMart is my broker and they have been a wonderful trading partner. I like how simple and consistently good are their withdrawal system. They also keep on improving and adding more services as I’ve noticed in the past few months.

  32. Hababa says:

    It is a winsome experience trading in forex via ForexMart because they taught me creating a demo account with a balance as large as 500,000 USD while serving h real time market quotes. It is worth it being part of this broker!

  33. Zathura says:

    Every notifications sent by ForexMart seems very essential as I’m not capable to check my trades routinely. This allows me to acquire positive insights regarding the ongoing status of my accounts and all.

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