ForexMart

ForexMart is a retail forex and CFD broker operated by Instant Trading Eu Ltd, a Cyprus Investment Firm (CIF) registered in Limassol, Cyprus. The company was founded on 29 May 2020, though the brand itself dates back to 2015. It operates the website forexmart.eu and serves clients across the European Economic Area under the MiFID regulatory framework. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 266/15, and is also registered with the Financial Services Commission (FSC) of the Virgin Islands as an offshore entity.

ForexMart holds a Market Making (MM) license from CySEC, indicating it can act as a counterparty to client trades while operating under strict EU regulations. This license requires compliance with capital adequacy, client fund segregation, and reporting obligations. The broker is a member of the Investor Compensation Fund (ICF), which covers eligible retail clients up to €20,000 in the event of insolvency. Additionally, the FSC registration in the Virgin Islands provides an offshore license, which may offer a more flexible regulatory environment but is separate from CySEC oversight.

ForexMart offers three account tiers designed for different client segments. The Basic account requires a minimum deposit of €200 and features fixed spreads from 4 pips with no commission, suitable for retail traders with smaller capital. The Gold account targets high-net-worth individuals with a minimum deposit of €300,000, offering fixed spreads from 2 pips. The Platinum account requires a minimum deposit of €1,000,000 and is reserved for institutional or high-volume traders; specific spread and commission details for this tier are not publicly disclosed. All accounts support market execution and offer base currencies in EUR, USD, and CZK.

The broker exclusively provides the MetaTrader 4 (MT4) platform, a widely-used trading interface known for its advanced charting tools, automated trading via Expert Advisors (EAs), and customizable indicators. MT4 is available on desktop (Windows and Mac via Wine), web browser, and mobile devices (iOS and Android). ForexMart offers over 100 trading instruments, including forex pairs, share CFDs, precious metals, and cryptocurrency CFDs. The broker emphasizes its CFD crypto instruments as a key product, allowing traders to speculate on digital asset prices without owning the underlying asset.

ForexMart does not charge deposit fees and may reimburse client deposit costs, subject to conditions such as no abusive trading or breach of agreement. Withdrawal fees vary by payment method; for bank transfers, fees range from €5 for SEPA transfers under €2,000 to €10 for transfers between €2,000 and €50,000. The broker does not list other payment methods on its main site, but clients can likely use credit/debit cards, e-wallets, and bank wires. Withdrawals are processed through the same method used for deposits where possible. The company reserves the right to recover reimbursed costs if clients fail to meet the required conditions.

ForexMart is targeted at retail and professional traders within the EU, particularly those who prefer fixed spreads and no commission trading. The Basic account is accessible to traders with moderate capital, while the Gold and Platinum accounts cater to affluent and institutional clients. The broker’s CySEC regulation and ICF membership provide a safety net for EU residents. However, the high minimum deposit for Gold and Platinum tiers may exclude smaller traders, and the fixed spreads may be less competitive in volatile markets. The offshore FSC license suggests a dual structure that may appeal to international clients seeking regulatory flexibility.