ForexMart

ForexMart is a forex and contracts-for-difference (CFD) broker that has been serving retail clients since May 2020. The brand is operated by Instant Trading EU Ltd., a company registered in Cyprus. Despite the relatively recent incorporation date, the broker’s marketing materials often reference a founding year of 2015, suggesting that the group may have earlier origins outside the European Union.

The company’s registered address is Spetson 23A, Leda Court, Block B, B203, 4000, Mesa Geitonia, Limassol, Cyprus. As of the latest filing, the entity lists zero employees, a detail that may reflect a reliance on outsourced services or a structure where staff are employed by a parent company.

ForexMart holds two licences. The primary one is issued by the Cyprus Securities and Exchange Commission (CySEC) under licence number 266/15, which authorises the broker to operate as a market maker. This licence brings the broker under the European Union’s MiFID II framework, providing certain investor protections such as participation in the Investor Compensation Fund (ICF) for eligible clients.

The second licence comes from the Financial Services Commission (FSC) of the British Virgin Islands (licence number SIBA/L/14/1082). This is an offshore regulator with lighter oversight, and accounts opened under this entity do not benefit from EU‑level investor safeguards. The broker’s claim of UK Financial Conduct Authority (FCA) registration has not been independently confirmed and is flagged by industry databases as a questionable clone.

The broker offers three main account types designed to cater to different levels of capital commitment. The entry‑level Basic account requires a minimum deposit of €200 and features minimum spreads from 4 pips. The Gold account raises the minimum deposit to €300,000 and tightens spreads to 2 pips, while the Platinum tier demands €1,000,000 and offers spreads from 1.5 pips. For all account types, there is no stated commission, and maximum leverage is not disclosed.

ForexMart supports the popular MetaTrader 4 (MT4) platform, which is compatible with automated trading strategies via expert advisors. According to the company, traders can access a range of instruments including forex pairs, stocks, cryptocurrencies, and commodities. However, the full list of specific instruments has not been published in a single, verifiable directory.

The broker currently supports only two electronic payment methods for both deposits and withdrawals: Skrill and NETELLER. Clients should be aware that the availability of funding options is limited, and no bank wire or card options are listed. Withdrawal processing times are not publicly detailed.

ForexMart positions itself as a cost‑effective choice for forex traders, emphasising low spreads and no commissions. Its CySEC regulation may appeal to European retail investors seeking basic regulatory protection. The high minimum deposits on its upper account tiers suggest it is also targeting affluent or institutional traders. However, the limited number of funding methods and a track record of user complaints suggest that the broker is best approached with caution, and only by traders who have thoroughly researched its service quality.

Prospective clients are advised to verify the broker’s regulatory status directly with CySEC and to read independent user reviews before committing funds. Opening a demo account and testing the platform’s execution quality can help assess whether the service meets individual expectations. Given the mixed feedback, starting with a small deposit and attempting a withdrawal early can provide a practical test of the broker’s reliability.