ForexMart minimum deposit amount required to register a live trading account is $15 USD. This minimum deposit is equivalent to R240 ZAR at the current exchange rate between the USD Dollar and the South African Rand at the time of writing
| 🔎 Accounts | 📈 Classic Account | 📉 Pro Account | 📈 Cents Account | 📉 Zero Spread Account |
| 💳 Minimum Deposit (ZAR/R) | R240 ZAR | R3200 ZAR | R240 ZAR | R8000 ZAR |
| 💵 Minimum Deposit (USD/$) | $15 | $200 | $15 | $500 |
Min Deposit
USD 15
Regulators
CySEC, SVGFSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
ForexMart Minimum Deposit – 7 key points quick overview:
ForexMart at a Glance- ForexMart Minimum Deposit Overview
- ForexMart Deposit fees and deposit methods
- Step by step guide to depositing the minimum amount to ForexMart account
- ForexMart Pro and cons
- ForexMart Conclusion
- Frequently Asked Questions
ForexMart Minimum Deposit Overview
| 💠Feature | 📈 Classic Account | 📈 Pro Account | 📈 Cents Account | 📈 Zero Spreads Account |
| 💵 Minimum Deposit | $15 USD / R240 ZAR | $200 USD / R3200 ZAR | $15 USD / R240 ZAR | $500 USD / R8000 ZAR |
| 📌 Min Spread | 1 pips | 0.6 pips | 1 pips | 0.0 pips |
| 💰 Average Spread | 1.2 pips | 0.8 pips | 1.2 pips | 0.2 pips |
| 📊 Leverage | Leverage 1:3000 for balances up to $200 (Forex pairs only) Leverage 1:3000 for balances up to $500 (Forex pairs only) Leverage 1:1000 for balances up to $1,000 (Forex pairs only) | 1:500 | 1:500 | 1:200 |
| Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
ForexMart has a minimum deposit requirement of only $ 15. The minimum deposit amount is equivalent to R239 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
ForexMart headquarters in Cyprus is strictly regulated by SVGFSA. One of the requirements of a regulated broker is for client funds to be kept in segregated accounts. This requirement ensures that traders only use clients’ funds to conduct trading activities and cannot be used by the broker. It also means that these funds are withdrawable at any given time.
ForexMart Deposit fees and deposit methods
| 🔎 Broker | 📈 ForexMart |
| 💳 Payment Methods | Visa Mastercard Skrill Neteller BTC BHC |
When compared with other brokers, the minimum deposit that ForexMart requires when registering a live account is low.
On registering for a Zero Spread Account, ForexMart requires a minimum deposit of only $ 15. Even when considering the other accounts, each with its own required deposit, ForexMart requires low minimum deposits when compared with other brokers that offer the same trading conditions.
Payment methods supported by ForexMart include:
- Credit Cards
- Debit Cards
- Skrill
- Neteller
- PayCo
- FasaPay
- BTC and BHC
The following deposit currencies can be used:
- USD
- EUR
- GBP
- RUB
ForexMart does not charge deposit fees but does charge withdrawal fees depending on the payment method used. Traders should also verify whether their financial institution waives its own fees as there may be additional fees payable.
ForexMart at a Glance
| Broker's Name | ForexMart |
| 🏛️ Headquartered | Cyprus |
| 📅 Year Founded | 2015 |
| ⚖️ Regulating Authorities | SVGFSA |
| ☪️ Islamic account (swap-free) | Yes |
| 📎Sign up Bonus | Yes |
| 👍 Demo Account | Yes |
| 📌 Account types | ForexMart Classic, Pro, Cent, Zero spread |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $ 15 USD / R 240 ZAR |
| 💳 Deposit Options | Skrill, Neteller, BTC, BCH and local options for several countries |
| 💳 Withdrawal Options | Skrill, Neteller, BTC, BCH and local options for several countries |
| 💻 Platform Types | MetaTrader 4 |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, commodities, indices, CFD on shares, and cryptocurrencies |
| 👨💼 Languages supported on Website | Multiple languages |
| 👥 Customer Support Languages | Multiple languages |
| 📆 Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
A step-by-step guide to depositing the minimum amount to the ForexMart account
1. Step 1 – Login to an existing account
Traders need to log onto their member’s area on the ForexMart website after registering for a live trading account. Then navigate to the relevant section dedicated to deposits, select their deposit method, currency, and the amount that they wish to deposit.
2. Step 2 – Complete prompts to deposit
Traders just follow the instructions and/or prompts to complete the deposit. Depending on the method of payment, deposits may reflect instantly, or take a few days to reflect in the trading account.
Traders must ensure that the account that they transfer funds from is the same as that in which they registered a trading account. The broker does not accept third-party payments and such payments will be returned to the source.
Min Deposit
USD 15
Regulators
CySEC, SVGFSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
ForexMart Pro and cons
| ✔️ Pros | ❌ Cons |
| Regulated by CySEC | Clients from USA, North Korea, Myanmar, Cuba, Sudan, and Syria not accepted |
| Minimum deposit from $15 | No referral bonus offered |
| Offers competitive and attractive trading conditions | No trading bonus for loyal customers |
| MetaTrader4 | Limited number of trading instruments |
| Offers up to $ 500 000 in virtual funds | Demo account expires after 30-days |
| Sign-up completed in minutes | Training resources are incomprehensive |
| Low minimum deposit required | |
| Offers an Islamic account | |
| Demo account sign-up fully digital | |
| 7.30% Deposit bonus for Classic and Cent accounts unlimited claims |
ForexMart Conclusion
Overall, ForexMart’s minimum deposit amount required to register a live trading account is $15 USD. This minimum deposit is equivalent to R240 ZAR at the current exchange rate between the USD Dollar and the South African Rand at the time of writing
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Frequently Asked Questions
What is the minimum deposit for ForexMart?
$ 15.
How do I make a deposit and withdrawal with ForexMart?
- Credit Cards
- Debit Cards
- Skrill
- Neteller
- PayCo
- FasaPay
- BTC and BHC
Does ForexMart charge withdrawal fees?
Yes. Withdrawal fees are charged according to the payment method that the trader uses.
- Credit/Debit Cards – 2.50% plus a fixed fee of 3.50 USD/EUR
- Skrill – system fee of 1%
- Neteller – 2% with a minimum of 1 USD and a maximum of 30 USD
- BTC cash – fixed fee of 0.0002 BTC plus 2 USD
How long does it take to make a withdrawal?
This will depend on the payment method used. Payments can reflect instantaneously or take up to several days.
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