Brokers  /  ForexMart

ForexMart

Moderate risk
🇨🇾 Cyprus · 5-10 years · since 2020-05-29 · Instant Trading EU Ltd.
CYSECFSC
Visit site ↗
2/5
★★★★★ ★★★★★
23 reviews ›
2
Licenses ›
11
Withdrawal issues ›
$200
Min. deposit ›
—
Max leverage ›
3
Account types ›
27/100
Scam risk ›
10
Clone sites ›
Accounts: Platinum · €1,000,000Gold · €300,000Basic · €200
▲ 38% positive▼ 46% negative
Independent ratingshow third parties score this broker
WikiFX7.54/10
Trustpilot2/5
Forex Peace Army—/5
27
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC
  • 5 user exposure/complaint reports filed
  • Withdrawal complaints in ~85% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)2810%
Real-user sentiment708%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameInstant Trading EU Ltd.
Headquarters🇨🇾 Cyprus
Founded2020-05-29
Years operating5-10 years
Employees0
Official websiteforexmart.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods4 · Skrill, NETELLER
Withdrawal methods4 · Skrill, NETELLER
Instruments--
Registered address
Spetson 23A, Leda Court, Block B, B203, 4000, Mesa Geitonia, Limassol, Cyprus

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
CYSECMarket Making License (MM)266/15CyprusRegulated
FSCMarket Making License (MM)SIBA/L/14/1082The Virgin IslandsOffshore Regulation

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Platinum--€1,000,000from 1,5--✓
Gold--€300,000from 2--✓
Basic--€200from 4--✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far higher than real users do (gap 1.77)

Across 13 recent Trustpilot reviews, 46% are 1–2 star. The single most common complaint is being unable to withdraw funds (11 reports) — the classic warning sign in forex. Sentiment is strongly negative; multiple users describe losing access to their money. Treat with extreme caution. We also found 11 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong3
United Kingdom2
🇺🇸 US1
Vietnam1
France1
Italy1

Real user reviews

Similar brokers

Libertex
Cyprus · TP 3.9
Low risk
EZINVEST
Cyprus · TP 2
Low risk
MultiBank Group
Cyprus · TP 4.4
Low risk
markets.com
Cyprus · TP 3.7
Low risk

About ForexMart

ForexMart is a forex and CFD broker based in Cyprus, with records dating to 2020-05-29. It reports oversight from CYSEC, FSC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

On Trustpilot, ForexMart holds a real-user score of 2.0/5 across 11 reviews. Withdrawal problems appear 11 times — always test a small withdrawal first.

Finally, beware of impersonation: we tracked 11 clone website(s) copying ForexMart. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full ForexMart review