General Features, Location and Regulation
Reviewed broker: ForexMart
Operated by Instant Trading EU Ltd.
Established in 2014
Location: Cyprus
Regulation: CySEC
STP environment: yes
Number of currency pairs: 108
Trading instruments: forex, CFDs on shares and metals
US traders: not accepted
Account, Payments and Trading Conditions
Trading platform: Metatrader 4
Advanced charting: available
Technical indicators: yes
Back testing environment: yes
Expert Advisors: yes
Hedging: allowed
Scalping: allowed
One-click trading: yes
Automated Trading, Expert Advisors and Payment Options
Automated trading: available
Account types: standard, zero spread
Demo practice account: available
Islamic swap free accounts: available
Deposit/withdrawal fees: no
Minimum deposit requirement: $1
Open trading account with ForexMart
Payment methods: credit cards, neteller, skrill, paypal, paxum
Deposit accepted in USD, EUR, GBP
Minimum trade size: 0.01
Maximum leverage up to 1:1,000
Margin call: 30%
Stop out: 10%
Fixed spreads start from 2 pips on majors
Variable spreads start from 0.0 pips plus 2 pips commission per standard lot
Learning Material and Latest Promotions
Promotions and bonuses: at the time of the review, the broker offered 30% welcome bonus, no deposit bonus of up to $150
Trading contests: MoneyFall contest prize fund $850
VPS hosting: available
Customer support: email, phone, online chat, feedback form
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