ForexMart: A Long History of Wrongdoings
ForexMart – a broker with a rich history, rich not only financially, but also with scandals. In this review, we will examine the opinions of clients and whether it is worth trusting your funds to these dealers.
What is known about ForexMart?
The company was founded in 2015, offers high-class software and protects client accounts. The official website is forexmart.com.
In reality, ForexMart is a scam in the Forex market. It is managed by Tradomart SV Ltd. and essentially not accountable. It was previously owned by Instant Trading EU Ltd, regulated by CySEC. It was fined for unscrupulous actions.
Trading Conditions
ForexMart offers four types of accounts: Classic, Pro, Cent, Zero Spread. Classic is a popular choice with minimal spread and deposit. The Cent account is suitable for beginners. The Pro account has zero spread.
Clients have access to various instruments, including 58 CFDs on shares of well-known companies. The broker offers Islamic accounts and demo accounts.
Client Agreement
Clients can find the terms of the agreement on the website but face dishonest actions. The company may close the platform without warning, not compensate for losses, and transfer orders to third parties.
Client Reviews
Reviews about ForexMart confirm the fraudulent activities of the broker. Negative comments indicate issues with fund withdrawals, wrongful actions, and lack of adequate service.
Conclusion
ForexMart is a fraudulent project that used fines and the company’s established name to legitimize its actions. It is not worth risking your funds by trusting your finances to such scammers.
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