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ForexMart Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-03 17:54

Abstract：　　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.

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			Processed within 24 hours

　　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	Processed within 1–7 working hours