ForexMart what you should know
ForexMart offer four ways to trade: Forex trading, CFD trading, Social trading, Share Dealing.
With ForexMart you will need a minimum deposit of $5. You can sign up for a demo account to acquaint yourself with ForexMart platform.
ForexMart are able to accommodate various levels of traders whether you are experienced or a beginner.
Are ForexMart safe?
When choosing a broker like ForexMart the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in , and in operation for 2019 years ForexMart have a head office in Cyprus.
ForexMart is regulated. This means ForexMart are supervised by and is checked for conduct by the the Cyprus Stock Exchange (CySEC) regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ForexMart, this will be honored. If ForexMart violate any regulatory rules their regulated status could be stripped.
Any payments funded to ForexMart accounts by traders are held in a segregated bank account.
For added security ForexMart use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
Try creating two accounts when you are working with ForexMart. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit ForexMart
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
ForexMart General Fees
- ForexMart withdrawal fees varies on payment method
- ForexMart does charge inactivity fees
ForexMart Commissions
- ForexMart does charge commission on CFD shares
What can you trade with ForexMart?
You can trade a wide variety of instruments with ForexMart over 111 instruments infact.
If you are looking at trading currency pairs ForexMart offer over currency pairs.
Compare ForexMart with Interactive Brokers and XTB below.
| FX / Currencies | forexmart | IB | XTB |
|---|---|---|---|
| # of forex pairs offered | 10 | 50 | |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | No | Yes | |
| Exotic forex pairs | No | Yes | |
| Cryptocurrencies | No | No | Yes |
| Commodity CFDs | ForexMart | Interactive Brokers | XTB |
|---|---|---|---|
| # of commodities offered | 0 | ||
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes |
| Indiced & Stock CFDs | ForexMart | Interactive Brokers | XTB |
|---|---|---|---|
| # of Stocks offered | 1500 | ||
| UK Shares | Yes | Yes | Yes |
| US Shares | No | Yes | Yes |
| German Shares | No | Yes | Yes |
| Japanese Shares | No | Yes | Yes |
|
forexmart's
Instruments |
IB's
Instruments |
XTB's
Instruments |
Trading on ForexMart web platforms and other applications
ForexMart offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
ForexMart also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.
See forexmart's platformsForexMart Trading benefits :
- Offers STP
- Low min deposit
ForexMart Trading Accounts offered:
- Standard account
- ECN account
- Islamic account
Can I try ForexMart before I buy?
ForexMart offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
What funding methods do ForexMart accept?
ForexMart offer the below funding payment methods. learn more about ForexMart
- Credit cards
- Skrill
- Neteller
How can I start trading with ForexMart?
When opening a trading account with ForexMart, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ForexMart trading platforms here.
Performing trades with ForexMart
ForexMart allow you to execute a minimum of trade of $ 1. This may vary depending on the account you open. ForexMart allow you to execute a maxium trade of varies. As ForexMart offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, ForexMart offer margin up to % on currencies.
Support at ForexMart
ForexMart support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian
What you will need to open an account with ForexMart
As ForexMart is regulated by the Cyprus Stock Exchange (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.
While you might be able to explore ForexMart's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with ForexMart you can visit their website here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.forexmart.com/ on 12th August 2018.
ForexMart not quite right?
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FOREXMART Frequently Asked Questions
Can I try ForexMart before I buy?
ForexMart do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do ForexMart accept?
ForexMart offer the below funding payment methods accept Credit cards, Skrill, Neteller, among other payment methods. Learn more here
How can I start trading with ForexMart?
When opening a trading account with ForexMart, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ForexMart trading platforms here.
Is my money safe with ForexMart?
ForexMart is regulated by the Cyprus Stock Exchange (CySEC). One of the most important criteria for traders when choosing a broker like ForexMart is the regulatory body and regulatory status of the broker.
Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ForexMart, this will be honored.
If they violate any regulatory rules their regulated status can be stripped.