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Regulated
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
ForexMart
Cyprus
|
10-15 years
|
Regulated in Cyprus
|
Market Maker (MM)
|
MT4 Full License
|
Regional Brokers
|
United Kingdom European Authorized Representative (EEA) Revoked
|
Medium potential risk
https://www.forexmart.eu/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
ForexMart-DemoServer
Germany
5
Influence
C
Influence index NO.1
Vietnam 2.82The WikiFX Score of this broker is reduced because of too many complaints!
MT4/5 Identification
MT4/5 Identification
Full License
5
Server Name
ForexMart-DemoServer MT4
Server Location Germany
GermanyInfluence
Influence
C
Influence index NO.1
Vietnam 2.82Surpassed 73.20% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+357 25 057 236
support@forexmart.eu
https://www.forexmart.eu/
Spetson 23A, Leda Court, Block B, B203, 4000, Mesa Geitonia, Limassol, Cyprus
VPS Standard
No restriction on the broker account
Single Core
1G
40G
1M*ADSL
Open
WikiFX Risk Alerts
2025-10-30
- United KingdomFCA (license number: 728735) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
4
Basic Information
Registered Region Cyprus
CyprusOperating Period
10-15 years
Company Name
Instant Trading EU Ltd.
Abbreviation
ForexMart
Company employee
--
Customer Service Email Address
support@forexmart.eu
Contact Number
+35725057236
Company Website
Company Address
Spetson 23A, Leda Court, Block B, B203, 4000, Mesa Geitonia, Limassol, Cyprus
WhatsApp
35795923053
12
Account
Related Software
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Disclosure
News
Wiki Q&A
Comment
Account
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
--
Updated：
2025-10-30
MT4/5
Full License MT4
2
MT4 Servers
0
MT5 Servers
224.00
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
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Sources
Language
Mkt. Analysis
Creatives
Data Sources 
WikiResearch
WikiResearchWebsite
Most visited countries/areas
Nigeria forexmart.com136.243.104.88
theforexmart.com136.243.104.88
forexmart.eu69.171.242.30
Genealogy
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Relevant Enterprises
INSTANT TRADING EU LTD(Cyprus)
Active
Cyprus
Registration No.
HE266937
Established
2015-01-13
INSTANT TRADING LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No.
06237332
Established
2022-08-16
Company Summary
| ForexMart Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC; FCA(Suspicious Clone) |
| Market Instruments | Forex, stocks, spot metals, cryptocurrencies, energy, indices, commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:30 |
| Spread | From 4 pips (Basic account) |
| Trading Platform | MetaTrader 4 |
| Minimum Deposit | €200 |
| Customer Support | Live chat |
| Phone: +357 250 57 236 | |
| Email: support@forexmart.eu | |
ForexMart Information
ForexMart, which was founded in 2015 and is regulated by CySEC, provides a wide range of trading instruments such as forex, stocks, cryptocurrency, and commodities. While it offers cheap spreads and no-commission Forex trading, its FCA registration claim is marked as a questionable clone.
Pros and Cons
| Pros | Cons |
| Regulated by CySEC | Suspicious cloned licence with FCA |
| Multiple account types | Wide spreads |
| Wide range of tradable instruments | No MT5 |
| MT4 supported | High minimum deposit |
| Live chat support |
Is ForexMart Legit?
ForexMart is legally regulated in Cyprus by CySEC, but its claim to be regulated by the FCA in the UK is identified as a suspicious clone. This means that it is not fully authorized by the FCA and may be employing a false or misleading claim.
| Licensed Entity | Licensed by | Licensed Institution | License Type | License Number | Current Status |
| Instant Trading EU Ltd | Cyprus | Cyprus Securities and Exchange Commission (CySEC) | Market Maker (MM) | 266/15 | Regulated |
| Instant Trading EU Ltd | United Kingdom | Financial Conduct Authority (FCA) | European Authorized Representative (EEA) | 728735 | Suspicious Clone |
What Can I Trade on ForexMart?
ForexMart has a lot of different trading instruments, such as equities, spot metals, cryptocurrencies, energy, indexes, and commodities.
| Trading Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Spot metals | ✔ |
| Cryotocurrencies | ✔ |
| Energy | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Bonds | ✘ |
| Options | ✘ |
| ETFs | ✘ |
Account Type
ForexMart has three categories of live trading accounts: Basic, Gold, and Platinum. Each one is made for a particular sort of trader, from novices to experts who trade a lot. It also lets you practice with a demo account.
| Account Type | Minimum Deposit | Spread (Fixed) | Commission | Min Lot Size | Execution Type | Suitable for |
| Basic | €200 | from 4 pips | 0 | 0.01 | Market Execution | Beginners, small retail traders |
| Gold | €300,000 | from 2 pips | Advanced retail traders, professionals | |||
| Platinum | €1,000,000 | from 1.5 pips | Institutional or high-volume traders |
Leverage
ForexMart provides varying leverage levels based on the product category (up to 1:30). Higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.
| Asset Class | Maximum Leverage |
| Forex | 1:30 |
| Stocks (CFD) | 1:5 |
| Spot Metals | 1:20 |
| Cryptocurrencies | 1:2 |
| Energy | 1:2 |
| Indices | 1:20 |
| Commodities | 1:10 |
ForexMart Fees
ForexMart's prices are average for the industry as a whole. For example, spreads are average for entry-level accounts and more competitive for higher-tier accounts. Trading without commissions helps keep expenses down, but swap rates (overnight fees) do apply.
ForexMart Spreads
The Basic Account offers the biggest spreads (e.g., ~60-200 pips on Forex) with no Forex commission, making it ideal for beginners. Active traders benefit from the Gold Account, which minimizes spreads (e.g., ~40-180 pips on Forex) and commissions (e.g., stocks ~0.70%). Platinum Account is suitable for high-volume or professional traders, as it provides the tightest spreads (e.g., ~40-180 pips on Forex) and the lowest commissions (e.g., stocks ~0.15%).
| Trading Symbol | Basic Spread | Gold Spread | Platinum Spread |
| CHF/HUF | 60 pips | 40 pips | 40 pips |
| CHF/JPY | 100 pips | 80 pips | 70 pips |
| CHF/MXN | 200 pips | 180 pips | 180 pips |
| CHF/NOK | 110 pips | 90 pips | 90 pips |
Swap Rates
ForexMart charges standard swap rates (long/short) on overnight positions, varying by instrument. Example swap rates (AUD/CAD on Basic account): Long: -0.53; Short: -0.12.
Non-Trading Fees
| Non-Trading Fees | Amount |
| Deposit Fee | 0 |
| Withdrawal Fee | Varies by method |
| Inactivity Fee | Not mentioned |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 | ✔ | Mac, Windows, Mobile (iOS, Android), Web | Beginners |
| MetaTrader 5 | ✘ | — | Experienced traders |
Deposit and Withdrawal
ForexMart doesn't impose deposit fees, and in some cases, it will even pay back the price of deposits. The fees for withdrawing money depend on how you pay. The minimum deposit for a Basic Account is €200.
Deposit Options
| Deposit Method | Minimum Deposit | Deposit Fees | Deposit Time |
| MasterCard | €200 | 0 | Processed within 24 hours |
| Bank Wire | Within nearest working day | ||
| Skrill (Moneybookers) | Processed within 24 hours | ||
| Neteller |
Withdrawal Options
| Withdrawal Method | Withdrawal Fees | Withdrawal Time |
| MasterCard | 1 EUR/USD | Processed within 24 hours |
| Bank Wire (SEPA) | ≤20k EUR → 20 EUR; >20k EUR → 0.1% fee | Not mentioned (likely 1–7 hours) |
| Skrill (Moneybookers) | Minimum 1% | Processed within 1–7 working hours |
| Neteller | Minimum 1 USD |
Keywords
- 10-15 years
- Regulated in Cyprus
- Market Maker (MM)
- MT4 Full License
- Regional Brokers
- United Kingdom European Authorized Representative (EEA) Revoked
- The Virgin Islands Retail Forex License Revoked
- Medium potential risk
News
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News Exports from China increased for the first time in 6 months
In November, the volume of Chinese exports increased for the first time in six months, and this is due to the active actions of Chinese factories, which began to attract buyers with discounts to cope with the ongoing decline in demand.
2023-12-08 13:56
News OPEC forecast supported the oil market
Oil prices increased their growth on Monday evening after the publication of an updated OPEC forecast regarding the prospects for global fuel demand. The current price of Brent oil is $82.80 per barrel. Before the forecast was published, the asset was trading near $80.50.
2023-11-21 11:31
News USD overcomes obstacles amid expectations of soft landing for US economy
The US currency confidently started the week, gaining ground and surpassing the euro. The stability of the dollar, which is carefully overcoming obstacles, is supported by expectations of a soft landing for the US economy.
2023-10-31 11:16
Wiki Q&A
kennis2244 
1-2 years
What are the pros of ForexMart?
I like that ForexMart is CySEC-regulated, offers the trusted MT4 platform, supports multiple account types, and lets me trade various assets including forex, metals, stocks, and cryptos. Their customer support is also easy to reach via live chat.
Broker Issues
Regulation
06-12
United States
Bhavani Durga K
1-2 years
Do they offer a demo account?
Yes, they do. I use it to test strategies before risking real money—it’s especially useful for new traders.
Broker Issues
Leverage
Account
Platform
Instruments
05-16
United States
gnsrael
1-2 years
Are there fees for withdrawals?
Yes. Fees depend on the method—Mastercard withdrawals cost €1, Skrill charges at least 1%, and bank transfers have fixed or percentage fees depending on the transfer size. I always check fees before withdrawing to avoid surprises.
Broker Issues
Fees and Spreads
05-11
United States
Moshiheya
1-2 years
What is the minimum deposit in ForexMart?
The Basic account requires €200. Gold jumps to €300,000, and Platinum to €1,000,000. Honestly, those higher tiers are beyond what I’d personally deposit unless I was trading at an institutional level.
Broker Issues
Deposit
Withdrawal
05-06
United States
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User Reviews 12
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FX3597005811
Hong Kong
The gold product is 500 ounces, and profits will not be withdrawn.
Exposure
07-25
FiboMen
Portugal
They deleted profits without a reason, as i see here they do this on a regular daily basis. So i urge you to seek legal action against this company. Submit all the proofs to regulators so they can start pursuing them and close this scheme!
Exposure
2023-04-18
Anzo招代理+Anzotrade
Hong Kong
The withdrawal I applied for on March 10th has not been credited to my account. When I contacted customer service, they just said it was being processed. By March 25th, they claimed it couldn’t be paid in BCH due to technical reasons, and my withdrawal request was rejected—the funds were returned to my MT4 account. They then asked me to withdraw in BTC. However, all my deposits were made in BCH, and they charge a 3% fee for BTC withdrawals (their official website states the BTC withdrawal fee as 0.0002 Bitcoin + a $2 handling fee). I accepted this and was charged the 3% withdrawal fee, but the funds still haven’t arrived. Customer service has been unhelpful, just delaying and giving vague responses. I have no choice but to expose this issue here. I opened an account and deposited funds for trading because I saw this platform’s regulated status on your site. I hope your Tianyan platform can assist clients with withdrawals. Thank you.
Exposure
2022-03-28
Quket
France
ForexMart has competitive spreads that make trading more affordable, and their minimum deposit requirement is pretty reasonable too. They're a solid choice for traders who want to keep costs low while still having access to a wide range of markets.
Positive
2024-07-16
huly
United Kingdom
The platform allows for the use of trading bots and generally processes withdrawals quickly, but I've noticed some inconsistencies with their terms, especially concerning profit withdrawals from affiliate earnings. Take care, anyway.
Neutral
2024-06-21
Matteo Russi
Italy
2 years ago, the experience of ForexMart, a long-standing broker, convinced me to sign up. Their smooth withdrawals, established platforms greatly suit my trading strategy. Plus, their top-notch support team is always there to back me up.
Positive
2024-05-08
重新趴趴走的周卓然
Morocco
Best broker ever, they have all systems in place and they are really fast on payouts. Everything runs smoothly both the payouts and platforms execution, the withdrawal comes in a timely manner. The platform is excellent. ForexMart is the best. Trade with them and avoid falling into other fraud brokers.
Positive
2023-03-13
张宴鑫
United Kingdom
One of the best trading companies ever! Safe fast and secure ... I had a great time with them. I highly recommend it, thank you! I have a good experience!
Positive
2023-02-21
HIpaty
Brazil
I would like to invest with you s I don't want to take everything off I want to dress up a little with you I will continue so how can I dress up with you for me I have some advice that I can ina
Positive
2022-12-28
Claire18709
Peru
I just deposited some funds and haven't opened any positions, and right at that moment I saw on wikifx that many users here declare it's a fraudulent platform! So I decided to withdraw my funds, but the forexmart people stated that because I haven't made any transactions, they charge me an inactivity fee for my withdrawals... I know some brokers require it, but I really DON'T LIKE this so-called fee.
Neutral
2022-11-18
Anzo招代理+Anzotrade
Hong Kong
I applied for a withdrawal on March 10th, but it still hasn't been credited to my account. The amount was deducted from my trading account. Their official website states that processing and crediting should be completed within 24 hours. Every time I contact customer service, they just say it's being processed and ask me to wait. It's been over ten days now, and the funds still haven't arrived.
Exposure
2022-03-22
FX3699186947
Vietnam
Everyone be careful with ForexMart. This platform charges exorbitant fees, it's practically daylight robbery. Losing trades are fine, but when you make a small profit and try to withdraw, they use this clause and that term to arbitrarily deduct all your earnings. Withdrawals take forever.
Exposure
2022-03-22