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    ForexMart

    5-10 years
    |
    Regulated in Cyprus
    |
    Market Making(MM)
    |
    MT4/5 White Label

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10.00

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    Benchmark

    A

    Licenses

    Cyprus Securities and Exchange Commission

    Market Making(MM)

    CYSEC Regulated

    Financial Conduct Authority

    European Authorized Representative (EEA)

    FCA Regulated

    British Virgin Islands Financial Services Commission

    Retail Forex License

    FSC Offshore Regulatory

    Overview

    • Company Name:

      ForexMart
    • Company Abbreviation:

      ForexMart
    • Place of registration:

      ForexMartUnited Kingdom
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@forexmart.com
    • Customer Service Phone Number:

      + 442 030 976 697
    • Company summary

      GeneralInformation&RegulationForexMartisabrandnameofInstantTradingEULimited,aforexandCFDbrokerbasedinCyprus.ForexMartiscurrentlyregulatedbytheCyprusSecuritiesandExchangeCommission(RegulationNo.266/15),theUKFinancialConductAuthority(RegulationNo.728735),andtheVirginIslandsFinancialServicesCommissionOffshore(RegulationNo.SIBA/L/14/1082).MarketInstrumentsForexMartoffersinvestorsawiderangeoftradablefinancialinstruments,includingForex,spotmetals,energy,andcryptocurrencies.MinimumDepositTomeetdifferentinvestors'investmentneedsandtradingexperience,ForexMartoffersfouraccounttypes:ClassicAccounts(minimumdepositof$15),ProAccounts(minimumdepositof$200),CentAccounts(minimumdepositof$15),andZeroAccounts(minimumdepositof$1).ForexMartLeverageIntermsoftradingleverage,themaximumleverageavailableatForexMartEUis1:30onmajorforexpairs.FXminors,indicesandspotmetalsareavailableupto1:20,energiesupto1:10,CFDsharesupto1:5andcryptocurrenciesupto1:2.Non-EUclientscanleverageupto1:500Spreads&CommissionsTheminimumspreadforClassicaccountsis1pip,theaveragespreadforNaturalGasis34pipsandforCrudeOilis63pipswithnocommission.TheminimumspreadforProaccountsis0.6pips,theaveragespreadforNaturalGasis24pipsandforCrudeOilis46pips,withnocommission.Theminimumspreadforcentaccountsis1pip,theaveragenaturalgasspreadis34pips,andthecrudeoilspreadis63pipswithnocommission.ForextradingcommissionforZeroaccountis$20perlot,thespreadforgoldis80pipsandforsilveris40pips.TradingPlatformForextraderscantradeanywhere,anytimethroughtheForexMartmobileapp,whichallowsthemtoviewthelatesttrendsandmarketdata,withastraightforwardlayoutforeasynavigation,availableforiOSandAndroidusers.Traderscanplaceanyorders,tradecurrencies,CFDs,andotherservicesthatprovideaccuratetechnicalindicators.Deposit&WithdrawalForexMartwelcomesavarietyofdepositandwithdrawalmethods,includingVISA(nofeesfordeposits,2.5%+3.5EUR/USDtransactionfeeforwithdrawals),MasterCard(nofeesfordeposits,2.5%+3.5EUR/USDtransactionfeeforwithdrawals),Skrill(1%feeforwithdrawals),NETELLLER(2%transactionfeedeductedforwithdrawals,minimum$1,maximum$30),PayCo,FasaPay,UnionPay(2.5%transactionfeedeductedforwithdrawals),Alipay(2.5%transactionfeedeductedforwithdrawals),Bitcoin(0.0002bitcoin+$2feedeductedforwithdrawals).CustomerSupportTraderscancontactcustomersupport24/7byemailandbytelephoneduringworkinghours-07:00-16:00GMT.ChatisavailableduringworkinghoursfromthewebsiteandSkypeisaswellduringthesehours.ThewebsiteandplatformareavailableinEnglishonly.AcceptedRegionsForexMartacceptstradersfromAustralia,Thailand,Canada,UnitedKingdom,SouthAfrica,Singapore,HongKong,India,France,Germany,Norway,Sweden,Italy,Denmark,UnitedArabEmirates,SaudiArabia,Kuwait,Luxembourg,Qatarandmostothercountries. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.09.19 Risk: 2 Item

    • The The Virgin IslandsFSC regulatory with license number: SIBA/L/14/1082 is an offshore regulatory, please be aware of the risk!
    • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months, please be aware of the risk!

    WikiFX Verification

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    Last Updated Time 2021-09
    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    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.

    • Licensed Institution :

      Instant Trading EU Ltd

      Effective Date :

      2015-01-13
    • Email Address of Licensed Institution :

      regulation@instaforex.eu

      License Type:

      Sharing ForexMart
    • Website of Licensed Institution :

      http://www.instaforex.eu,http://www.forexmart.eu

      Expiry Date :

      --
    • Address of Licensed Institution :

      23A, Spetson, Leda Court, Block B, Office B203, Mesa Geitonia, CY- 4000 Limassol

      Phone Number of Licensed Institution :

      +357 25 722 774
    • Licensed 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
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    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.

    • Licensed Institution :

      INSTANT TRADING EU LTD

      Effective Date :

      2015-12-11
    • Email Address of Licensed Institution :

      regulation@instafxgroup.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.forexmart.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      23A, SpeTson, Leda CourT, Block B OFFice B203, Mesa GeiTonia 4000 LiMassol CYPRUS

      Phone Number of Licensed Institution :

      00357 25722774
    • Licensed 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
    British Virgin Islands Financial Services Commission

    British Virgin Islands Financial Services Commission (FSC)

    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.

    • Licensed Institution :

      Instant Trading Ltd

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website 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

    ForexMart · MT4/5

    Identification Result

      ForexMart · Website

      Most visited countries/areas

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          ForexMart· Genealogy

          ForexMart · Clones

          ForexMart · Market Analysis

          The data are from WIKI Research    2021.09.19 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          ForexMart
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          ForexMart · Company summary

            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.

          Risk Warning

          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.