ForexMart review: Scam Forex Broker Review and Users Ratings

The economic news posted in ForexMart helps me to keep updated regarding the latest events in the financial markets. I find this very favorable because I also invest to other markets.

This is Amr Badawi , the owner of acc no 58100090
with forexmart.com (( Tradomart - Reg no 23071,ibc2015 ))


1- I registered with FOREXMART.COM under (( Tradomart )) and I deposited 500 usd and started to trade .

2- When I started to make profits, I created sub accounts. One of them I decided to make as a wallet has NO. " 58100603 " because i saw to keep profits i made in it to be in safe if i lose in the other accounts

3 - I kept trading making profits and making loses for more than FOUR MONTHS without making any withdrawal requests and everything was running good without any note from Tradomart till i gained 98000 usd

4- For these 4 MONTHs i did not made any withdrawal requests , i just was trading and trading and trading

5- From 8 days ago i requested to withdraw only 10.000 keeping the remaining balance 88.000 usd separated between my trading accounts and in my wallet to trade again but once they received the withdrawal request , they rejected the withdraw request and took whole of my money " 98.000 usd " from my sub accounts and wallet too KEEPING MY DEPOSIT 500 USD AND ALSO PREVENTED ME TO WD IT

6- I sent a complaint to forexmart " Tradomart " but nobody replied me for more than 5 days

7- This is the website adn my portal details to check for yourself.

I have a Forexmart account 58089281.
Since December 28, 2021, I made a withdrawal request of $3178.69. But to this day the status is still pending. I have contacted the IB in my country (Indonesia, Mr. Sidik) and it says it is still being checked. I have contacted Forexmart via E-mail, it said it would be asked to Forexmart finance. I regret having deposited and traded at Forexmart.

I hope the regulatory company that gave Forexmart the company permission to investigate. Because I read on other forums, many people have withdrawal problems. I hope there are no more victims. Let me be the last victim of Forexmart. To see the details of the withdrawal process, my conversations by E-mail, Forexmart IB in Indonesia (sir Sidik), etc., see the thread that I created.


Thank you very much.

https://www.forexpeacearmy.com/community/threads/forexmart-withdrawal.72406/

Honestly this broker is the best broker I traded in.. The are very fair also thier trading platform is fine.. I loved trading in this broker and loved their trading platform. I am really ready to give the site any additional information to make sure that my review is fair

This will be my final update and opinion about this broker.
Since I deposited through BTC.... I withdrew 7910$ through BTC on the 25/03/20. They processed it on the 01/4/20. As at when they paid the value of BTC was equivalent to 7467$ In my wallet.

I wrote back to them on that same day stating that I was not paid in full. Support told me that finance department is looking into it. It took them another one week for them to get back to me again. as always this is after sending countless mails to them. Support couldn’t reply cos they have to hear from finance department. Their finance department never respond to emails. I repeat, NEVER! And no other way to contact them. Even support department can’t get across to their finance department except through mail. What a joke of a company.

When support got back to me they said and I quote “We used the rate 25.03.2020 when the w/d requested and not the rate when the payment was made.
Rate used: 0.00014953”

How can you pay someone and on the day of processing, you use the rate of a day that has past?!.... a rate of 7 days ago to process BTC payment that is done instantly. Bloody cheat and scammers!!!

Apr 3, 2020 - No Rating Yes, ForexMart finally paid me my money back after a week.
my withdrawal request was for 7910$ through BTC however the value of BTC I received was 7467$

Meaning that this broker still owes me a couple of dollars and my money wasn’t paid in full. I have emailed them and waiting again for a reply/ balance payment. Hopefully this won’t take another 1 week!!!

Apr 1, 2020 - No Rating This is an update on my previous review about this broker. They paid me my withdrawal request from my account; 58037429 after a week.

Although it took 7 days, I am glad that I could deposit and withdraw with ForexMart!!!

I’d like to also thank the organizers of this site for creating a public awareness on brokers!!!

Mar 30, 2020 - 1 Star It has been over 3 days now and they won’t process my withdrawal of 7910$ From my acc: 58037429.
I was convinced by an IB to deposit with them

Now They keep telling me my withdrawal request is being checked. SCAM!
I wouldn’t advise my enemies to do business with them. Give me my money back ForexMart

I deposited 100$ and got 30$ extra deposit bonus. afterwards i trader with ECN account, but i was charged 20cents per trade and the spread was also very large plus current price was different from other brokers. afterwards i lost 10$ and asked for withdrawal of 90$. which i got back. so no issue with withdrawal.

This is one excrement covered broker in the history of time, I wouldn't recommend it for a sec. None of my trades(positions) last for a minute and they are closed especially when in loss, have sex with it! 

ForexMart claims to be ECN, but it's terms allow trades to be cancelled if the trades are less than 2 minutes and also allow for trades which make too much

very bad broker dont join

Trading account 319038, I'm at ipRebate.comIB, link to: forexmart.com.registeridn UYXEU.Open a trading account 319038, $5085.99 at sunrise on April 18, 2018, but only $3151. I have nothing to do with this agent, and the IB of this site still exists. When will the commission for other transactions be returned? if I do not return it, I will complain about your violation to the Cypriot regulatory authorities, and then post your violation online. Your group was fined 150000 euros in May. Do you want to be punished again?

Everything has been perfect for me from quality trading environment to fast withdrawals to great customer service. My advice is stick to their trading terms and conditions and you wont have any reason to complain. Most traders complaining are greedy traders ! I hope Forexmart stays this way forever..keep up the good work!!
Only thing that needs to be improved is execution speed.