Forex Mart Review
Forex Mart is one of the young brokerage companies on the Forex market. It is owned by TradoMart Ltd group registered in 2015 on Cyprus. In 2016 it was awarded by a famous magazine International Finance as the best young broker of the year.
Regulation
It is licensed by such respected European financial regulators:
- CySEC (Cyprus);
- ACPR (France);
- BaFin (Germany);
- FCA (Great Britain);
- CONSOB (Italy).
Such strict regulation means reliability and trustworthiness.
Trading instruments
Forex Mart gives an opportunity to work with such instruments:
- CFDs on stocks (shares of different famous companies, such as Apple, Alibaba Group, IBM are available);
- spot actives (for example spot metals: gold and silver);
- cryptocurrencies (Bitcoin, Litecoin, Ethereum, Ripple and BCH/USD pair).
Platforms
Forex Mart makes it possible to trade using a popular, well-known platform Meta Trader 4 (MT4). This application has all the necessary tools and lets a user work with graphics, instruments for technical analysis, create and implement trading robots.
Trading conditions
Forex Mart offers quite favourable terms:
- min deposit — only 1$, 1 EUR or 1 GBP, depending on the currency of account;
- max leverage — 1:30, or 1:500 for professionals (after written request);
- competitive spreads, which depend on the type of account.
Trading using Advisors is allowed.
Types of accounts
There are 2 of them:
- There is no commission. Spread is fixed for currency pairs (2 points) and floating for other instruments (from 1 to 450 points).
- The fee is from 0,7 to 4 points. Spread is floating (from 1 to 450 points) for all the instruments.
Also there are swap free Islamic accounts.
In addition to them, there is a demo account, which allows to try all the functional without risk of loss of funds.
Bonuses and partner programmes
There are welcome bonuses on 30% and 50% of the amount of the replenishment. Furthermore, there is a deposit free bonus for opening a real account.
Furthermore, this brokerage company regularly provides campains and contests with monetary prizes.
There are a few partner programmes for:
- web-masters;
- online-partners;
- CPA-networks.