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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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