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.
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%.
- 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
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.
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/