Table of Contents
ForexMart Islamic account Broker review 2018
| On-line since | 2015 |
| Country of origin | Cyprus |
| Regulation | CySEC |
| Payment options | NETELLER, PayCo, Paxum, Cashu, Skrill, WebMoney, Ukash, Visa/MasterCard, China Union Pay, Megatransfer, Bank Wire, Paypal, Yandex Money, QIWI |
| Minimum account size | $1 |
| Minimum lot size | 0,01 |
| Leverage | 1:1 to 1:1000 |
| Spreads | 2 pips |
ForexMart is an investment company and financial service provider that has a cleintele from everywhere around the globe.
Account types
ForexMart offers two types of live accounts.
Special Features of ForexMart
- The company provides free VPS hosting to all it’s clients,
- Money Fall”, it’s weekly contest where traders can win up to $850 every week
ForexMart Regulation
ForexMart is a trading name of Instant Trading EU Ltd.
They operates under the authority of the Cyprus Securities and Exchange Commission (CySEC) (license number 266/15) and is registered under the following EU regulators:
- French Autorité de Contrôle Prudentiel et de Résolution (ACPR) (Registration number 75426),
- the German Federal Financial Supervisory Authority (BaFin) (registration number 146395),
- the British Financial Conduct Authority (FCA) (registration number 728735).
ForexMart is a certified member of the Investor Compensation Fund (ICF) and is MiFID compliant according to the Investment Services and Regulated Market Law of 2007 (law number 144(I)2007).
What Can you Trade with ForexMart ?
ForexMart offers currency trading with tight, competitive spreads to both retail and institutional investors.
- over 100 currency pairs, major and exotic. (Trading terms for Forex base and cross-rate contracts. Minimal lot size – 0.01 lot, minimum deposit amount – $0.20.)
- Over 50 CFD on shares
Forexmart Trading Platform
When it comes to trading platforms, ForexMart has opted for an extension on the reliable MetaTrader 4 called the ForexMart MT4.
It holds more than 40 technical indicators along with a customization interface so traders have more control over their trading experience
ForexMart MT4 is a simple and intuitive trading platform and as it supports many trade size allocation methods
ForexMart MT4 provides an in-depth analysis of the market by uploading charts and blocks of information . It also offers a feature for new traders to communicate with professional or more experienced traders this can be useful for traders in the beginning of their career.
ForexMart Features
- Demo accounts available
- Impeccable customer support
- Top of the line trade execution
- Free educational materials
- Negative balance protection
- Efficient trading platform
- Welcome bonus of 30%
- No deposit bonus of up to 300 USD
- Leverage of up to 1:1000
- Minimum initial deposit of $1
- Tight spreads starting from 2 pips
- Minimum lot size of 0.01
Customer Support
ForexMart takes great care of its clientele, which is why it has made a call-back feature available on its website that allows traders to leave a notification on the site and a representative of the firm would ring back as soon as possible.
Moreover, the Forexmart website is available in several languages such as English, French, German, Italian, Russian, Spanish, Portuguese, Bulgarian, and even Malay and Japanese .
Furthermore, 24/5 customer support is available via email, phone, and mail. and if you are stuck and unable to reach them otherwise you also can leave your complaints via a dedicated Skype account.
ForexMart Bonuses and Promotions
ForexMart has three bonus offerings:
- 30% Bonus,
- 50% Bonus
- No Deposit Bonus.
When a trader opens an account and makes the deposit, the company deposits 30% or 50% of the total amount of money deposited.
The No Deposit Bonus allows clients to test trading platforms without experiencing any investment risk.
conclusion
this is a broker that has been in the business now for a couple of years and has gone through the growing pains that every growing company faces, they have come out for the better of it and is now a good solid trustworthy broker that gives its traders the space and tools to trade for profit.
furthermore, their customer service and relations is very active and you will find that you will feel comfortable trading here.
withdrawals are processed as they should without too much hassle and within an acceptable timespan. in short , forexMart should be a consideration to be your forex broker.
