Is ForexMart a regulated broker?
ForexMart is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 266/15. However, it's important to note that the Financial Conduct Authority (FCA) in the United Kingdom lists ForexMart as a 'Suspicious Clone' under license number 728735. This indicates potential regulatory concerns.
What are the deposit and withdrawal options?
ForexMart supports various payment methods, including Visa, MasterCard, and PayCo. Deposits and withdrawals can be managed through the 'Finance' tab in the client's account area. Processing times and any associated fees may vary depending on the chosen method.
Are there any regional restrictions?
Yes, ForexMart does not offer its services to residents of certain jurisdictions, including the USA, North Korea, Myanmar, Sudan, and Syria. This is due to regulatory constraints in these regions.