Our top-rated Forex brokers
Save on conversion fees
Start trading here
Learn to trade with no risk
Trade with Direct Market Access
Live trading with no deposit
Extend your buying power
Tight spreads and low commissions
Best accounts for Muslim traders
Fixed spreads & instant execution
The top MT4 brokers in Nigeria
The top MT5 brokers in Nigeria
The top TradingView brokers
The top cTrader brokers in Nigeria
Trade on the go from your phone
Copy professional traders
Find a platform that works for you
🏦 Min. Deposit | USD 5 |
🛡️ Regulated By | FSA-St-Vincent |
💵 Trading Cost | USD 17 |
⚖️ Max. Leverage | 500:1 |
💹 Copy Trading | Yes |
🖥️ Platforms | MT4 |
💱 Instruments | Forex, Cryptocurrencies, Metals, Stock CFDs |
Last Updated On May 10, 2023
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.
FX Scouts does NOT recommend ForexMart due to insufficient regulation. We suggest that you find an alternative regulated broker governed by processes designed to protect your funds.
With only a little educational material to teach traders how to learn to trade successfully and a lack of transparency in the spreads and commissions, there is cause for concern. While ForexMart claims to have a fast withdrawal system, each withdrawal includes a fee that would not be applied at most other credible brokerages. Our primary concern with ForexMart, however, is their lack of credible regulation.
🏦 Min. Deposit | USD 5 |
🛡️ Regulated By | FSA-St-Vincent |
💵 Trading Cost | USD 17 |
⚖️ Max. Leverage | 500:1 |
💹 Copy Trading | Yes |
🖥️ Platforms | MT4 |
💱 Instruments | Forex, Cryptocurrencies, Metals, Stock CFDs |
Session expired
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.