ForexMart vs CoinMama

ForexMart or Coinmama – which is better for UK traders 2024? Compare ForexMart and Coinmama in this detailed breakdown of their platforms, features and fees.

ForexMart vs Coinmama Comparison Table 2024
ForexMart Coinmama
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2.9
ForexMart is ranked #97 among CFD brokers. Coinmama is ranked #10 among crypto brokers.
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ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos. Coinmama is a popular cryptocurrency exchange that aims to provide streamlined and user-friendly cryptocurrency trading options to the retail market. Traders can buy a range of tokens via a fiat on-ramp, store their tokens in a third-party wallet and earn loyalty bonuses for trading with Coinmama. Millions of clients from over 180 countries have signed up to the firm.
Pros
  • Diverse methods to buy crypto with fiat including e-wallets, SEPA, bank transfers and SWIFT
  • Save on fees and commissions with larger deposits
  • Choice of third-party wallets to store your tokens
  • Used by more than 3 million crypto investors
  • Straightforward to use for beginners
  • Loyalty bonuses with fee discounts
Cons
  • No iOS mobile app for iPhone and poor quality Android (APK) app
  • No direct crypto trading – clients must first purchase BTC or ETH
  • Poor selection of cryptocurrencies compared to competitors
  • High commissions from 2.93% for the highest tier account
  • User reviews reveal some quality issues
  • Limited wallet compatibility vs MetaMask
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, shares, indices, commodities, cryptocurrency Cryptos
Demo Account
Yes No
Minimum Deposit
$1 $30
Payment Methods
Minimum Trade
0.01 Lots $30 to buy, $100 to sell
Regulator
CySEC FinCEN, FINTRAC
Mobile Apps
Yes Android only
iOS App Rating
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Android App Rating
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Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
Yes No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
Commodities
  • Gold
  • Silver
  • Natural Gas
CFD
Start leveraged CFD trading on the financial markets.
Leverage
1:30
FTSE Spread
0 fixed
GBPUSD Spread<
0.8
Oil Spread
0 fixed
Stocks Spread
Variable
Forex
Trade on an excellent range of popular and emerging forex pairs.
Assets
100+
GBPUSD Spread
0.8
EURUSD Spread
0.8
EURGBP Spread
1.2
Cryptocurrency
Trade cryptocurrencies against the US Dollar with 1:2 leverage. Buy, hold and sell 16 crypto tokens including major players like BTC and ETH and lesser-known tokens such as LRC. Use a range of fiat currencies to buy the digital assets, including USD. Cryptos are stored in third-party wallets.
Spread
Floating From 2.93% to 3.90%. Express fees of 0-5.00% also apply.
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DOGE
  • UNI
  • LINK
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
ForexMart Coinmama
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