WikiFX
2020-09-15
|Brokers
About WikiFX
|
Rating
/10.00
Benchmark
AA
Market Making(MM)
CYSEC Regulated
European Authorized Representative (EEA)
FCA Regulated
Retail Forex License
FSC Offshore Regulatory
Company Name:
ForexMartCompany Abbreviation:
ForexMartPlace of registration:
United Kingdom
Regulatory Status:
RegulatedCustomer Service Email Address:
support@forexmart.comCustomer Service Phone Number:
443 300 104 195Company summary
ForexMart is a professional Forex broker dedicated to providing investors with advanced trading software and a superior trading experience. 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). About MoreWikiFX Risk Alerts
Previous Detection: 2021.06.13 Risk: 1 Item
Exhibition Area
Survey
MT4/5
Website
Genealogy
Clones
Keywords
Time Machine
Score
Delivery Index
Market Analysis
Material Delivery
Brand Launch
Search Source
External Chain Proportion
External Chain Summary
Language
The slippage becomes 23 from 15.
FXOLAtml5691
2021/03/26
Indonesia
Hit the TP but the position wasn't closed
ARI
2021/03/01
Indonesia
As long as we made handsome profits, the platform would give no access to the withdrawal. For example: If you earned $350, but you could only withdraw $555. I don’t know how they calculated.
FXNHUnbc5585
2020/05/27
Indonesia
After I deposited fund in this fraud platform,the whole customer service disappeared.The withdrawal hasn’t been received for 15 days.The MT4 account is 58029469.
FXWLPrby8826
2019/10/08
China
The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
Current Status:
RegulatedLicense Type:
Market Making(MM)Regulated in Country/Area
Cyprus
Regulatory License No.：
266/15Email Address of Licensed Institution :
regulation@instaforex.euLicense Type:
SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
23A, Spetson, Leda Court, Block B, Office B203, Mesa Geitonia, CY- 4000 LimassolPhone Number of Licensed Institution :
+357 25 722 774Licensed Institution Certified Documents :
Instant Trading EU Ltd_CySEC监管网站查询信息 View Certified Documents Forexmart CySEC牌照 View Certified Documents Instant Trading cysec20200428更新 View Certified Documents
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.
Current Status:
RegulatedLicense Type:
European Authorized Representative (EEA)Regulated in Country/Area
United Kingdom
Regulatory License No.：
728735Email Address of Licensed Institution :
regulation@instafxgroup.comLicense Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
23A, SpeTson, Leda CourT, Block B OFFice B203, Mesa GeiTonia 4000 LiMassol CYPRUSPhone Number of Licensed Institution :
00357 25722774Licensed Institution Certified Documents :
INSTANT TRADING EU LTD FCA监管信息截图 View Certified Documents Forex Mart-FCA牌照200519 View Certified Documents
The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.
Current Status:
Offshore RegulatoryLicense Type:
Retail Forex LicenseRegulated in Country/Area
The Virgin Islands
Regulatory License No.：
SIBA/L/14/1082Email Address of Licensed Institution :
--License Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
--Phone Number of Licensed Institution :
--Licensed Institution Certified Documents :
forexmart Category 2监管页截图 View Certified Documents InstaForex监管信息20191025 View Certified Documents forexmart Category 1 A监管截图 View Certified Documents forexmart Category 1 B监管截图 View Certified Documents
Identification Result
Most visited countries/areas
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The data are from 
WIKI Research
2021.06.13 updated
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Basic Information & Regulators of ForexMart
ForexMart is a professional Forex broker dedicated to providing investors with advanced trading software and a superior trading experience. 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).
Safety Analysis of ForexMart
ForexMart has changed its name to Instant Trading EU Ltd and is currently regulated by CySEC in Cyprus. The FCA EEA authorization indicates that the registered company is only allowed to conduct business in the UK, while the real regulator is not the FCA but some regulator of the EU country where this Forex broker is located. Additionally, ForexMart has high transaction costs and deducts a certain amount of transaction fees for withdrawals, so investors should be extra cautious when choosing this ForexMart.
Market Instruments
ForexMart offers investors a wide range of tradable financial instruments, including Forex, spot metals, energy, and cryptocurrencies.
Leverage & Account of ForexMart
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). Leverage for trading gold and silver is 1:100.
Spreads & Commission Fees of ForexMart
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 Applied of ForexMart
Forex traders can trade anywhere, anytime through the ForexMart mobile app, which allows them to view the latest trends and market data, with a simple 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 of ForexMart
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).
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You are visiting the website of WikiFX. In addition, its website and mobile product—WikiFX, is a global inquiry tool for enterprise profile that is operated by Wiki Co., LIMITED (Registration No.2806237) based in Hong Kong Special Administrative Region of China. Users should comply with the law of their countries/regions.
Official Email：wikifx001@163.com；
Feedback WeChat:fxeye005, fxeye003
Customer Service Phone Number：（HK）+00852 54200870
Copyright©2021 Cipher Group Limited All rights reserved.
License or other information error correction, please send the information to:qawikifx@163.com;
Cooperation:kfwikifx@163.com
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
