ForexMart Review 2022

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ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.

Bonus30% welcome bonus (non-EU traders only)
InstrumentsForex, shares, indices, commodities, cryptocurrency
Demo AccountYes
Min. Deposit1 EUR/USD
Payment Methods
Min. Trade0.01 lots
Regulated ByCySEC
MetaTrader 4Yes
MetaTrader 5No
STP AccountNo
ECN AccountYes
DMA AccountNo
MAM AccountNo
PAMM AccountNo
LAMM AccountNo
Demat AccountNo
Mobile AppsYes
Margin TradingNo
Volatility IndexNo
Spot TradingNo
Perpetual SwapsNo
P2P TradingNo
Auto TradingYes
Social TradingYes
Copy TradingNo
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • Gold
  • Silver
CFD TradingStart leveraged CFD trading on the financial markets.
CFD FTSE Spread0 fixed
CFD GBPUSD Spread0.8
CFD Oil Spread0 fixed
CFD Stocks SpreadVariable
CFD Leverage1:30
Forex TradingTrade on an excellent range of popular and emerging forex pairs.
Forex GBPUSD Spread0.8
Forex EURUSD Spread0.8
Forex EURGBP Spread1.2
Forex Assets100+
Crypto TradingTrade cryptocurrencies against the US Dollar with 1:2 leverage.
Crypto SpreadFloating
Crypto LendingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
Risk Warning – Your capital is at risk

ForexMart offers the MT4 desktop, mobile and web terminal on several competitive accounts. If you want to login and trade with ForexMart, our broker review explores the key features, including leverage, minimum deposits and bonus deals. We’ll also cover regulations and security, to help you determine if ForexMart is safe or a scam.

ForexMart Headlines

ForexMart is a brand name of Instant Trading EU Limited, a forex and CFD broker based in Cyprus. The company has been in operation since 2015 and holds a CIF license with the Cyprus Securities and Exchange Commission (CySEC). ForexMart also holds a sponsorship deal with HKM Zvolen, a Slovakian ice hockey team.

In addition to building its reputation, ForexMart is committed to providing a secure and competitive service to clients. Users can trade on currency pairs, indices, shares, commodities and cryptocurrencies, with access to award-winning software and daily market analysis.

MT4 Trading Platform

ForexMart offers the renowned MetaTrader 4 (MT4) platform, a powerful and user-friendly trading tool used by millions worldwide. The system allows traders to track several charts simultaneously, trade directly from the chart and manage multiple orders. Features include:

ForexMart MetaTrader 4
ForexMart MetaTrader 4

You can download the ForexMart MT4 platform directly from the broker’s website, once you have completed the account registration process. The web-based version of the platform is available for non-EU clients only.


There are over 150 online trading instruments available at ForexMart, including:

Spreads & Commission

Pricing varies depending on what instrument you are trading and is determined by the six different account types on offer. Floating spreads in the Classic account are around 1.2 pips for major forex pairs such as EUR/USD, whilst Pro account spreads average around 0.8 pips for the same pair.

Commission-free trading is also available on forex but the Zero Spread account charges between 0.02% and 0.07%. There is also a 0.10% commission on CFD shares and cryptocurrencies, a $10 fee per lot on indices and $40 per lot on energies.


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.

Mobile Trading

ForexMart delivers the MT4 mobile app for Android and iPhone users. As with the online desktop platform, the mobile cabinet boasts some impressive features, including real-time quotes, technical analysis tools, financial news and a full set of trade orders. The advanced functionality also allows users to customise and configure their charts in just a few taps.

ForexMart mobile app
ForexMart mobile app



ForexMart offers a good range of deposit methods, including cards, bank transfer, e-wallets and Bitcoin deposits. Note that some payment systems may be unavailable in certain regions. Most methods are processed either instantly or within 24 hours and ForexMart does not charge any deposit fees. PayPal is not available.

The online brokers offers a competitive minimum deposit of just 1 Euro / US Dollar, making it a good option for beginners.


Most of the same methods are available for withdrawals and are usually processed within 24 hours. ForexMart does charge withdrawal fees, however. Card withdrawal fees are 1.8% + 0.05 EUR, Skrill and B2B Pay are charged from 1%, Sofort and bank wire from a minimum of 5 EUR and Neteller from 1 USD.

Demo Account

ForexMart offers a demo account where you can trade with up to a $500,000 virtual balance. The demo account is ideal for new or experienced traders who want to learn FX trading or improve skills in a risk-free environment.

ForexMart Bonuses

As per strict regulations around trading bonuses in the EU, ForexMart does not offer any deals at this time. This includes any no deposit bonus deals, welcome bonus promotions or demo contest opportunities.

You may find the occasional offer on the non-EU site, however, including a 30% welcome bonus. Make sure to check the bonus terms and conditions for details.

Regulation Review

Instant Trading EU Ltd is a Cyprus Investment Firm (CIF), regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15. CySEC ensures that CIF firms follow strict financial guidelines in accordance with EU law, including client money protection through the Investor Compensation Fund. ForexMart also offers negative balance protection.

Note, the non-EU website accepts traders from around the world, including Canada, Indonesia and Malaysia, but regulatory protection is limited.

Additional Features

ForexMart offers a modest range of education resources, including daily market analysis and economic news. There’s also an interactive economic calendar and a forex calculator, plus a trading glossary. In addition, the broker offers free VPS hosting for traders who meet certain eligibility requirements. For non-EU clients, there’s also a social and copytrade tool that allows you to connect with other users and replicate successful trading strategies.

ForexMart economic calendar
ForexMart economic calendar

ForexMart Accounts

ForexMart offers 6 live account types: Classic, Pro, Cents, Zero Spread, Scalping and Standard. Note that only the Classic, Pro, Cents and Zero Spread accounts are available for non-EU clients.

Each account offers certain characteristics and conditions to suit different trading strategies. For example, the Zero Spread and Scalping accounts are only for trading forex symbols. The minimum lot size is 0.01 across all accounts and minimum deposits range from €1 for the Zero Spread account to €1,000 for the Pro account.

ForexMart also offers Islamic swap-free accounts, which are available upon written request.


There are several reasons to trade with ForexMart:


There could be improvements in some areas:

Trading Hours

Trading times vary and depend on the asset traded. For example, trading hours for CFD shares are 15:30 – 22:00 GMT+2 (GMT+3 DST) Monday to Friday. You can find specific trading sessions in the MT4 platform, by clicking on the instrument in Market Watch.

Customer Support

There are plenty of ways to get in touch with ForexMart, including telephone and email, as well as live chat services via Facebook, Skype or Whatsapp. The customer support team is available from 08:00 to 17:00 UTC +2.

Security Review

The MetaTrader 4 platform is the world’s most trusted trading software, which adheres to the highest security standards to protect data exchange. This includes SSL encryption codes as well as RSA digital signatures. In addition, users have the option to apply two levels of login security.

ForexMart Verdict

ForexMart offers some good trading opportunities with various account types, starting from a low $1 minimum deposit. Traders also benefit from a range of good deposit and withdrawal options, as well as CySEC regulation. However, other than MT4 there’s no choice of trading platforms, which might deter some professional traders.

Accepted Countries

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.

Traders can not use ForexMart from United States, Korea, Sudan, Cuba, Syria.

Compare ForexMart

Compare ForexMart with similar brokers that accept traders from your location. Among available brokers these are the most similar to ForexMart:

  1. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
  2. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, and energy, as well as stock indices. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  3. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  4. – boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

ForexMart Comparison Table

Compare ForexMart With Similar Brokers
ForexMart AAAFx InstaForex eToro
Rating 4.7 4.5
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit 1 EUR/USD $10 €200 to €50,000 (depending on account type) $10 $100
Minimum Trade 0.01 lots 0.01 lots 0.01 Lots $10 $1
Regulators CySEC HCMC (Greece), FSCA (South Africa) CySEC FCA, CySEC, ASIC, FSA CySEC, IIROC, NFA, CFTC, FCA, CIMA
Bonus 30% welcome bonus (non-EU traders only) 100% Deposit Bonus available for Global clients No
Education No No Yes Yes
Platforms MT4 MT4, MT5 MT4, MT5 MT4
Leverage 1:30 1:30 EU, 1:500 Global 1:30 for retail clients, 1:500 for professional 1:30 EU 1:200
Payment Methods 9 8 10 14 8
Detailed Comparison ForexMart vs AAAFx ForexMart vs InstaForex ForexMart vs eToro ForexMart vs
Review ForexMart

Compare Trading Instruments

Compare ForexMart Trading Instruments
ForexMart AAAFx InstaForex eToro
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil No No Yes Yes Yes
Gold Yes Yes Yes Yes Yes
Copper No No No Yes No
Silver Yes No Yes Yes Yes
Corn No No No Yes No
Crypto Yes Yes Yes Yes Yes
Futures No No No No Yes
Options No No No No Yes
ETFs No No Yes Yes No
Bonds No No No No
Warrants No No No No
Spreadbetting No No No No No
Volatility Index No No No Yes No

ForexMart vs Other Brokers

Compare ForexMart with any other broker by selecting the other broker below.

ForexMart vs


Is ForexMart a scam? 

ForexMart is an authorised and regulated firm in the EU and is transparent with its pricing and services on the website. It is unlikely to be a scam, but it’s worth checking online reviews for clarity.

Does ForexMart offer a no deposit bonus in 2022? 

ForexMart EU currently does not offer any deposit bonus deals, but traders can check the non-EU website for any future deals.

Is ForexMart regulated? 

ForexMart EU is regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 266/15.

How do I open a ForexMart account?

You can register for an account by filling in the short registration form on the website. Once you have verified your identity, you will then be able to log straight into the trading cabinet area via your client or partner login.

Is ForexMart available in Asia? 

Yes, ForexMart offers is services to several countries in the Asia region, including Indonesia, Malaysia and Singapore.

Can I trade with ForexMart from Canada? 

Yes, clients from Canada are accepted at Note that US clients are not accepted.

ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.