In this section we will analyze the ForexMart broker (part of Tradomart Ltd.) is a Forex and CFD broker. ForexMart started its activities in 2015. The broker is based in Cyprus and is regulated by the regulatory body of that country, the CySEC y it is also regulated by the FCA, the UK regulator.
Now we will go on to analyze the different types of account that the broker offers to its clients. The first type of account is the ForexMart ECN Standard account: no minimum initial deposit, mini lots available, maximum leverage of 1: 5000. This is followed by the ECN Zero Spread account: it does not have a minimum initial deposit, it has mini lots, the maximum leverage is 1: 5000 and you have access to all the instruments available for trading. The last type of account is the Micro Account: no minimum initial deposit, minimum order volume of 0.01, leverage up to 1: 5000, access to all instruments available to trade, fixed and tight spreads.
Here we leave a screenshot with the rest of the characteristics of these 3 types of account, in case you want to go into more detail:
It should be noted that the platforms offered by the broker to operate are: the famous MT4 (MetaTrader 4).
Now, yes, we will analyze the broker's website in search of different resources and help for the trader.
Now, in search of the different resources that the broker offers, we have noticed the following: Forex calculator, currency converter, an educational PDF brochure, although this is in English, analytical reviews, which are also in English and news about the financial world (yes, also in English). In this case, the broker has enough resources, only that many of them are available only in English.
Other information about ForexMart
We will leave you some more information in case you want to contact the broker, or see their website for yourself.
Phone number: 681451744 and + 357-96789832 (the latter is to contact via WhatsApp)
Email: [email protected]
Ending with this section, in our opinion ForexMart broker is trustworthy, but must be handled with care, since in search of the broker's reputation we have found, in addition to positive comments, many negative comments, especially when trying to withdraw money.
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