ForexMart

ForexMart uses MetaTrader 4, developed by MetaQuotes Software Corp., which is the leading online Forex trading platform. The company adheres to regulatory requirements set in various countries and keeps customer funds separate from its assets to ensure their safety. 24/7 customer support is provided, five days a week. ForexMart offers a variety of educational materials and market analysis available free of charge for all types of traders.

ForexMart is regulated in various jurisdictions. The main office of the company is registered in Saint Vincent and the Grenadines (Tradomart SV Ltd., Reg No.23071, IBC 2015). ForexMart’s main goal is to provide reliable Forex trading services, ensure the security of clients’ funds, and provide educational resources to improve clients’ trading skills.

Information about the company’s launch date and management is not provided on the website. Please note that the anonymous authors claim extensive experience and professionalism. Without disclosing the names of those who plan to provide services and support users. Regarding licensing, seeing such leverage, you can forget that a normal auditor will issue a license.

Classification of trading accounts

ForexMart offers its clients various types of trading accounts, each with its own unique characteristics and trading conditions suitable for different trading strategies. Here’s a quick overview of the account types offered:

• Classic. Minimum spread: 1 pip. Average spread: 1.2 pips. Commissions: None. Minimum deposit: $15. Minimum lot: 0.01. Orders are executed on the market;
• PRO. Minimum spread: 0.6 pips. Average spread: 0.8 pips. Minimum deposit: $200. Minimum lot: 0.01. Market execution;
• Cents. Minimum spread: 1 pip, average 1.2. There is no commission, the threshold is $15. Minimum lot: 0.1 (cent lots);
• Zero Spread. Minimum spread: 0 pips (fixed). Average spread: 0.2 pips. Commission: From $6. Minimum deposit: $500. Minimum lot: 0.01. Order execution: Instant.

General conditions for all types of accounts:

• leverage from 1:500;
• Margin call / Stop Out levels: 30% / 10%
• maximum number of open transactions: 500, maximum volume – 10,000 lots

We did not find any footnotes to the license on the official ForexMart website. We automatically forget that transactions are brought to the real market. This means that the quotes are completely drawn. This is actually why traders can forget about honesty and transparency. Here we have classic swindlers.

ForexMart fake broker support

If you believe the statements on the website, technical support operates 24/5. The contact methods available are:

• email: [email protected];
• messengers: Telegram, Viber, WhatsApp;
• phone: + 442 030 976 697;
• back call.

Please note that there are quite a lot of emails on the site. Each is responsible for a separate segment. The problem is that the company in reality does not sell even half of what it claims.

Financial operations

The official ForexMart website provides information on methods of depositing and withdrawing funds. However, specific details about the available deposit and withdrawal methods, such as the names of payment systems or banks, are not provided. Here’s what is known. The broker does not charge a commission for replenishing funds. Transaction processing time is on average 24 hours. Some payment systems may have their own fees, but ForexMart strives to reimburse these costs to its customers.

The withdrawal fee depends on the chosen payment method. The processing time for withdrawal requests is also 24 hours on average.

For more detailed information about specific methods of depositing and withdrawing funds, as well as possible restrictions and conditions, it is recommended to contact ForexMar technical support directly. Next, user comments will be presented, allowing you to understand how things are in reality with the withdrawal of money.