ForexMart Broker Review 2025

ForexMart, founded in Saint Vincent and the Grenadines, is a regulated Forex and CFD broker operating under SVG FSA supervision.

This broker offers 4 main account types, including Classic, Pro, Cent, and Zero Spread, to traders in 120 countries.

ForexMart Broker Company Information & Regulation

ForexMart has positioned itself as a well-known Forex trading partner, offering over 100 tradable instruments and comprehensive educational materials to empower traders on their trading journey.

The company's commitment to excellence is evident in its regulatory status and operational practices.

Established in 2015 and headquartered in Cyprus, ForexMart is a global CFD and forex broker operated under the TradoMart Ltd group.

The firm is fully authorized by the Cyprus Securities and Exchange Commission (CySEC), holding license number 266/15, and is also a member of the European Securities and Markets Authority (ESMA). The broker also has a license from SVGFSA.

The broker also claims registration with the FCA under the UK’s EEA framework, but this has been flagged as a “suspicious clone”, and should not be considered a valid FCA license. Therefore, only the CySEC and FSA licenses are verifiable and reliable in terms of trader protection.

• Regulation: ForexMart is authorized and regulated by the Saint Vincent and the Grenadines Financial Authority (SVG FSA) and CySEC. This ensures adherence to strict financial standards and client fund protection;
• Client Fund Safety: In line with regulatory requirements, ForexMart segregates client funds from its own assets, providing an additional layer of security for traders' investments;
• Global Reach: While based in Saint Vincent and the Grenadines, ForexMart serves clients worldwide, offering a truly international trading experience;
• Awards & Recognition: The broker has received multiple accolades for its trading conditions and customer service, cementing its position as a reputable player in the forex industry.

The broker has earned industry recognition with titles such as "Best New Broker in Europe 2016" and "Most Promising Broker in Asia 2015".

Designed to serve traders across experience levels, ForexMart provides a straightforward onboarding process, a demo account for platform familiarization, and an array of analysis and trading tools. The company has maintained a reliable reputation with its partners and clients since its inception.

ForexMart Specifications Table

Let’s have a quick glimpse of ForexMart’s offerings:

ForexMart Broker Account Types Overview

ForexMart offers a variety of account types to suit different trading styles and preferences. Each account type comes with its own set of features and benefits:

All account types offer commission-free trading (except for the Zero Spread account), access to the MT4 platform, and a wide range of tradable instruments.

ForexMart also provides a demo account option, allowing traders to practice their strategies risk-free before committing real capital.

Note: The broker also offers GBP accounts in addition to EUR and USD accounts.

Advantages and Disadvantages of ForexMart Broker

Just like any other Forex broker, ForexMart has its own pros and cons. Let’s review them together:

ForexMart Sign Up & Verification

The ForexMart registration process gives traders access to over 150 instruments with leverage up to 1:3000. The registration process is completed in just a few minutes and allows you to choose between Classic, Pro, or Islamic account options.

#1 Start Your Registration

Go to the Forex Mart website and click on “Open Trading Account” to initiate your sign-up.

#2 Select Account Type

Choose between a personal or corporate account depending on your profile, then proceed by clicking “Next”.

#3 Enter Personal Information

Provide key details, including:

• Email address
• Full name
• Mobile number
• Date of birth
• Country, city, postal code, and residential address

Also, confirm you are not a U.S. citizen before continuing.

#4 Configure Your Trading Preferences

Select your desired:

• Account type: Classic, Pro, Cent, or Zero Spread
• Base currency: USD, EUR, or GBP
• Leverage: Up to 1:3000
• Islamic account: Toggle if required
• Add any referral code if applicable

#5 ForexMart Verification

After registering with ForexMart, completing account verification is mandatory to activate trading, deposits, and withdrawals.

ForexMart verification procedure includes 4 simple steps:

1. Accessing the “Account Verification” Section
2. Submitting Identity Verification Documents
3. Submitting Proof of Residence
4. Reviewing KYC Status

#1 Accessing the “Account Verification” Section

Log in to your ForexMart dashboard, navigate to "My Account", and select "Account Verification" to begin the verification process.

#2 Submitting Identity Verification Documents

Upload the front and back of an accepted identity document, such as:

• Passport
• National ID card
• Residence permit

Ensure that the document’s expiration date is clearly visible. Use the "Browse" button to select the file, then click "Upload File".

#3 Submitting Proof of Residence

Choose an approved document type for address verification, which may include:

• Passport
• Residence card
• Bank statement

Select the document using "Browse", input the document date, and click "Upload File".

#4 Reviewing the KYC Status

To confirm verification progress, go to "My Account", then "Personal Details". The status will indicate if the authentication request has been approved.

At this stage, Level 1 KYC is completed. To enable bank card deposits, completing Level 2 KYC is required.

Trading Platforms and Applications of ForexMart

ForexMart offers the industry-standard MetaTrader 4 (MT4) platform, renowned for its powerful features and user-friendly interface. Here are the available devices:

Desktop Version:

• Advanced charting capabilities with multiple timeframes
• Over 50 built-in technical indicators and trading tools
• Customizable interface with drag-and-drop functionality
• Expert Advisors (EAs) for automated trading
• One-click trading for fast execution

Web Version:

• Access your account from any browser without downloads
• Real-time quotes and interactive charts
• Full set of trading orders and execution modes
• Compatible with Windows, Mac, and Linux operating systems

Mobile Version:

• Available for iOS and Android devices
• Push notifications for important market events
• Full trading functionality on the go
• Customizable charts and technical analysis tools

Links:

• MT4 Android
• MT4 iOS

TradingFinder has developed a wide range of MT4 indicators that you can use for free.

ForexMart Broker Fees Overview (Spreads and Commissions)

ForexMart offers competitive trading conditions, including low spreads and transparent fee structures:

It's important to note that spreads are variable and may widen during times of high market volatility or low liquidity.
Other ForexMart fees:

• No inactivity fee
• No deposit fee
• Up to 2% withdrawal fee, depending on the payment method

Swap Fee at ForexMart

Swap (rollover) charges at ForexMart apply to all open positions held overnight. According to the broker’s official specifications, swap rates are calculated in points and can be both positive or negative, depending on long or short direction.

The company updates these values periodically, as reflected in its December 2021 notice of revised swap levels for several currency pairs.

Here are the most important details regarding ForexMart’s swap policy:

• Swap rates differ by instrument, for example, metals may show a fixed −5% / −5% structure;
• ForexMart provides Swap-Free / Islamic accounts for clients who do not wish to pay or receive swap interest;
• Swap values are visible in the Instrument Specification section of the trading platform and may change without prior notice;
• Traders are fully responsible for monitoring updated swap conditions within their platform;
• Example: AUDCAD has a swap long: −0.53 and a swap short: −0.12.

Non-Trading Fees at ForexMart

ForexMart’s non-trading fee structure is designed to keep costs minimal for traders, with zero deposit fees and transparent withdrawal conditions across various payment systems.

While deposits are fully covered by the broker, withdrawal charges depend on the selected method and currency. No inactivity fee is currently applied to client accounts.

Here are the key highlights regarding ForexMart’s non-trading fees:

• Deposits are completely free, and the broker reimburses any system-imposed deposit charges;
• Withdrawals carry variable costs, typically around 1 % system fee or 2 % (min $1 / max $30 USD) depending on the payment channel;
• The minimum withdrawal amount for most methods starts from $10 USD;
• No inactivity or maintenance fee applies to dormant accounts.

ForexMart Broker Deposit & Withdrawal Methods

ForexMart provides six funding and payout options. ForexMart payment options:

• Skrill
• Neteller
• PayCo
• Bitcoin (BTC)
• Tether (USDT)
• Bitcoin Cash (BCH)

Deposit Methods at ForexMart

ForexMart offers a focused range of digital funding options designed for fast, secure, and fee-free transactions. The broker does not charge any deposit fees and even reimburses system commissions when applicable.

All deposits are processed instantly or within 24 hours, depending on the payment network used. This ensures traders can fund their accounts efficiently and start trading without delays.

Here are the official deposit methods currently supported by ForexMart:

Withdrawal Methods at ForexMart

ForexMart provides several secure withdrawal options matching its deposit systems, allowing traders to conveniently access their funds. The broker processes all withdrawal requests within 1–7 working hours or up to 48 hours depending on the payment type.

While ForexMart itself does not charge hidden commissions, each payment system applies a transparent transaction or system fee clearly listed on the official page.

Below is a summary of the available withdrawal methods and their official conditions:

ForexMart Copy Trading & Investment Options Overview

ForexMart provides a copy trading feature, allowing less experienced traders to mirror the strategies of successful traders:

• Social Trading Platform: Integrated within the MT4 platform
• Strategy Providers: Experienced traders can become signal providers
• Risk Management: Customize risk levels and allocation per copied trade
• Performance Metrics: Detailed statistics on strategy providers' performance
• Automatic Execution: Trades copied in real-time to followers' accounts

ForexMart's copy trading feature offers an excellent opportunity for novice traders to learn from experienced professionals while potentially earning profits.

However, it's crucial to remember that past performance doesn't guarantee future results, and all trading carries inherent risks.

Tradable Markets & Symbols in ForexMart Broker

ForexMart provides access to a broad range of CFD instruments across multiple asset classes:

While the broker does not offer bonds, options, futures markets, or ETFs, the available markets support a wide variety of trading strategies, including short-term speculation and long-term positioning.

ForexMart Bonuses

ForexMart offers several attractive bonuses and promotions to both new and existing clients:

30% Deposit Bonus:

• Available on every deposit
• Credited to the account within one week of deposit

Affiliate Program:

• Earn commissions by referring new clients
• Competitive commission structure
• Marketing materials and support provided

Loyalty Program:

• Smart Dollar program
• Rewards long-term clients with special benefits

It's important to note that all bonuses and promotions are subject to specific terms and conditions. Traders should carefully review these terms before participating in any promotional offers.

ForexMart Awards

ForexMart has been recognized with several prestigious awards, highlighting its commitment to providing exceptional trading services.

These ForexMart awards the broker's dedication to excellence and innovation in the financial industry.

Here are some of the key awards ForexMart has received:

• Best Trading Conditions Asia 2020
• Best Forex Newcomer 2016
• Best New Broker Europe 2016
• Best Broker in Europe 2015
• Most Prospective Broker in Asia 2015

ForexMart Broker Customer Support

ForexMart provides comprehensive customer support to assist traders with any queries or issues:

• Live Chat: available 24/5 on the website
• Email Support: info@forexmart.com
• Phone Support: +442030976697
• Whatsapp support: 441303767210

ForexMart is also used to support traders through Viber, but they currently don’t offer this method.

ForexMart Broker Restricted Countries

ForexMart, like many online brokers, is subject to regulatory restrictions and cannot offer its services to residents of certain countries, including:

• United States
• North Korea
• Syria
• Sudan

Always verify the most current information directly with ForexMart, as restrictions can change based on evolving regulatory landscapes.

ForexMart Broker User Reviews and Trust Scores

The ForexMart Trustpilot profile provides an overview of the broker's reputation among traders:

• Trust score: 2.5 out of 5 on the Trustpilot website
• Number of reviews: 9

While ForexMart has a mix of positive and negative reviews, potential clients should conduct thorough research, considering both user experiences and the broker's regulatory status, before making a decision.

ForexMart Broker Education Materials

Despite ForexMart's focus on providing comprehensive trading services, the broker's educational offerings appear to be limited. This is an area where ForexMart could improve to better support its clients, especially newcomers to the forex market.

The only educational materials you can find on ForexMart are a few market analyses, a Forex brochure, and economic news.

You can also check TradingFinder's Forex education section for additional resources.

ForexMart vs Other Brokers

Let's check ForexMart's standing in the trading world in comparison with other popular platforms:

TF Expert Suggestion

ForexMart aims to offer excellent trading services with spreads from 0.0 pip and leverage options up to 1:3000. However, although the high minimum deposit for Zero Spread accounts is $500, but it offers 100+ assets to trade.