ForexMart Review 2021
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| ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos. | ||
ForexMart is broker that gives traders access to Forex, shares, indices, commodities, cryptocurrency. ForexMart allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, ForexMart has Demo Accounts, Islamic Accounts, Social Trading and Auto Trading but is missing Signals.
ForexMart also gives traders access to 5 cryptocurrencies: BTC, BCH, ETH, LTC and XRP.
ForexMart is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
ForexMart Summary
ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, shares, indices, commodities, cryptocurrency |
| Demo Account | ✓ |
| Min. Deposit | 1 EUR/USD |
| Min. Trade | 0.01 lots |
| Regulated By | CySEC |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✓ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✗ |
| Social Trading | ✓ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Start leveraged CFD trading on the financial markets.
| Leverage | 1:30 (EU), 1:500 (Non-EU) |
|---|---|
| FTSE Spread | 0 fixed |
| GBPUSD Spread | 0.8 |
| Oil Spread | 0 fixed |
| Stocks Spread | Variable |
Forex Trading
Trade on an excellent range of popular and emerging forex pairs.
| GBPUSD Spread | 0.8 |
|---|---|
| EURUSD Spread | 0.8 |
| EURGBP Spread | 1.2 |
| Assets | 100+ |
Cryptocurrency Trading
Trade cryptocurrencies against the US Dollar with 1:2 leverage.
| Spread | Floating |
|---|---|
| Coins | BTC, BCH, ETH, LTC, XRP |
Payment Methods
ForexMart accepts the following payment methods:
- Visa
- Credit Card
- Neteller
- Skrill
- Sofort
- Wire Transfer
- HUMBL Pay
- Alipay
- Cashu
FAQ
Is ForexMart Safe?
In our review we gave ForexMart a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that ForexMart is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does ForexMart Accept PayPal?
No, ForexMart does not accept PayPal payments.
Is ForexMart Halal?
Yes, ForexMart does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does ForexMart support?
ForexMart only supports the MetaTrader 4 trading platform at this time.
Is ForexMart Regulated?
Yes, ForexMart is regulated by CySEC.
The fact that ForexMart is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.
ForexMart vs Other Brokers
If you want to compare ForexMart with other brokers, use the detailed comparisons below.
- ForexMart vs CoinMama
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- ForexMart vs SVK Markets
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- Smart Prime FX vs ForexMart
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| ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos. | ||