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ForexMart Forex Broker keeps up-to-date with the latest trading account information, including Platinum, Gold, Basic maximum leverage of --, trading varieties, and more

Rating Index

Pros

Wide range of financial instruments available for trading, including forex, cryptocurrencies, metals, indices, and stocks.

Competitive spreads and commissions, particularly for certain account types, which can attract cost-conscious traders.

User-friendly trading platforms (MT4 and MT5) that support various trading strategies and automated trading options.

Cons

Lack of regulation raises significant security concerns, as there are no safeguards to protect traders' funds.

Limited transparency regarding the company's ownership and operational details, which can be a red flag for potential clients.

Customer service may have responsiveness issues, potentially impacting support for traders in need of assistance.

ForexMart broker Accounts

Platinum

Environment

Currency

Maximum Leverage

SupportedEA

Minimum Deposit

€1,000,000

Minimum Spread

from 1,5

Depositing Method

(4+) Skrill

Withdrawal Method

(4+) Skrill

Minimum position

0.01

Commission

Products

Gold

Environment

Currency

Maximum Leverage

SupportedEA

Minimum Deposit

€300,000

Minimum Spread

from 2

Depositing Method

(4+) Skrill

Withdrawal Method

(4+) Skrill

Minimum position

0.01

Commission

Products

Basic

Environment

Currency

Maximum Leverage

SupportedEA

Minimum Deposit

€200

Minimum Spread

from 4

Depositing Method

(4+) Skrill

Withdrawal Method

(4+) Skrill

Minimum position

0.01

Commission

Products

ForexMart Account Types

ForexMart offers several types of trading accounts designed to cater to different trading strategies and preferences. The available account types include:

Classic Account

Minimum Deposit: $15
Minimum Spread: 1 pip
Average Spread: 1.2 pips
Commission: None
Minimum Lot: 0.01
Leverage: Up to 1:3000 for balances up to $200

Pro Account

Minimum Deposit: $200
Minimum Spread: 0.6 pips
Average Spread: 0.8 pips
Commission: None
Minimum Lot: 0.01
Leverage: Up to 1:3000 for balances up to $500

Cent Account

Minimum Deposit: $15
Minimum Spread: 1 pip
Average Spread: 1.2 pips
Commission: None
Minimum Lot: 0.1 (cent lots)
Leverage: Up to 1:3000 for balances up to $200

Zero Spread Account

Minimum Deposit: $500
Minimum Spread: 0.0 pips
Average Spread: 0.2 pips
Commission: From $6
Minimum Lot: 0.01
Leverage: Up to 1:200

All account types feature a margin call level of 30% and a stop-out level of 10%. ForexMart provides competitive trading conditions with low trading costs, making it suitable for both beginners and experienced traders.

ForexMart Broker Account Opening Process

Opening an account with ForexMart is a straightforward process that can be completed in a few simple steps:

Visit the ForexMart Website

Go to the official ForexMart website at www.forexmart.com.

Select Account Type

Click on the “Open Account” button and choose your preferred account type (Classic, Pro, Cent, or Zero Spread).

Fill in Personal Information

Complete the registration form with your personal details, including your name, email address, country of residence, and phone number.

Complete KYC Verification

Provide necessary documents for KYC (Know Your Customer) verification, including a valid ID (passport or national ID) and proof of residence (utility bill, bank statement, etc.).