General Information & Regulation
ForexMart is a brand name of Instant Trading EU Limited, a forex and CFD broker based in Cyprus.ForexMart is currently regulated by the Cyprus Securities and Exchange Commission (Regulation No. 266/15), the UK Financial Conduct Authority (Regulation No. 728735), and the Virgin Islands Financial Services Commission Offshore (Regulation No. SIBA/L/14/1082).
Market Instruments
ForexMart offers investors a wide range of tradable financial instruments, including Forex, spot metals, energy, and cryptocurrencies.
Minimum Deposit
To meet different investors' investment needs and trading experience, ForexMart offers four account types: Classic Accounts(minimum deposit of $15), Pro Accounts(minimum deposit of $200), Cent Accounts(minimum deposit of $15), and Zero Accounts (minimum deposit of $1).
ForexMart Leverage
In terms of trading leverage, the maximum leverage available at ForexMart EU is 1:30 on major forex pairs. FX minors, indices and spot metals are available up to 1:20, energies up to 1:10, CFD shares up to 1:5 and cryptocurrencies up to 1:2. Non-EU clients can leverage up to 1:500
Spreads & Commissions
The minimum spread for Classic accounts is 1 pip, the average spread for Natural Gas is 34 pips and for Crude Oil is 63 pips with no commission. The minimum spread for Pro accounts is 0.6 pips, the average spread for Natural Gas is 24 pips and for Crude Oil is 46 pips, with no commission. The minimum spread for cent accounts is 1 pip, the average natural gas spread is 34 pips, and the crude oil spread is 63 pips with no commission. Forex trading commission for Zero account is $20 per lot, the spread for gold is 80 pips and for silver is 40 pips.
Trading Platform
Forex traders can trade anywhere, anytime through the ForexMart mobile app, which allows them to view the latest trends and market data, with a straightforward layout for easy navigation, available for iOS and Android users. Traders can place any orders, trade currencies, CFDs, and other services that provide accurate technical indicators.
Deposit & Withdrawal
ForexMart welcomes a variety of deposit and withdrawal methods, including VISA (no fees for deposits, 2.5% + 3.5 EUR/USD transaction fee for withdrawals), MasterCard (no fees for deposits, 2.5% + 3.5 EUR/USD transaction fee for withdrawals), Skrill (1% fee for withdrawals), NETELLLER (2% transaction fee deducted for withdrawals, minimum $1, maximum $30), PayCo, FasaPay, UnionPay (2.5% transaction fee deducted for withdrawals), Alipay (2.5% transaction fee deducted for withdrawals), Bitcoin (0.0002 bitcoin + $2 fee deducted for withdrawals).
Customer Support
Traders can contact customer support 24/7 by email and by telephone during working hours- 07:00 - 16:00 GMT. Chat is available during working hours from the website and Skype is as well during these hours. The website and platform are available in English only.
Accepted Regions
ForexMart accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.