Visit to the ForexMart Cyprus office | Photos and Video Report

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

We checked the office of the ForexMart brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:

Grigori Afxentiou 18, Mesa Geitonia, Zavos Leda Court, Block B 203, Limassol, Cyprus

Verified the company's address

* The results of this inspection shall not be regarded as an advice to choose the broker.

The company is located at the stated address
We were able to speak to a company representative
We were able to visit the office as clients
Video of the company’s office

Cyprus is one of the most popular jurisdictions for Forex companies. The Cyprus Securities and Exchange Commission (CySec) is a Tier-1 regulator, which means it adheres to stringent regulatory standards set by the European Union.

Traders Union's goal is to help traders understand the operation of ForexMart under CySEC regulation. Recently, Traders Union visited the office of ForexMart to verify that the company is genuinely operating in Cyprus and providing services there.

In this article, you will also find all the important information about the broker's regulation under CySEC and other jurisdictions.

Brief dossier of ForexMart

ForexMart Review

Go to broker

Your capital is at risk.

Foundation date	2005
Headquarters	Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines.
Regulation	CySEC, FSC (Belize)
Official site	forexmart.com
Contacts	Email: support@forexmart.com, Phone: 443 300 104 195 Skype: support_forexmart

A visit to the office of ForexMart in Cyprus

Blinov Vasily, our associate, visited the office of ForexMart located at the following address: Grigori Afxentiou 18, Mesa Geitonia, Zavos Leda Court, Block B 203, Limassol, Cyprus to conduct a thorough inspection and prepare a video report. Blinov Vasily is an experienced professional with extensive knowledge of the Forex market and methods of research.

The ForexMart office is located in Zavos Leda Court, Block B 203. This is actually the center of Limassol. Representative offices of various financial and trading companies are located in a small but carefully planned building. If you come here outside the company's business hours, you can leave a message for ForexMart (there are mailboxes for correspondence in the building).

ForexMart Office

A video report of the visit to the broker’s office

Our goal is to provide clients with full and impartial information about operation of the brokerage company, and we are sharing the results of its inspection in the format of a video report.

ForexMart Office

Choose the Best!

Review the rating

Open an account at ForexMart

Your capital is at risk.

Is a ForexMart safe broker?

Traders Union experts believe that ForexMart is a safe broker. This is evidenced by several factors, including:

Tier-1 Regulation: Regulated by a Tier-1 authorities.
Investor Protection Fund: Participation in the Investor Compensation Fund.
Segregated Accounts: Client funds are kept separate from company funds.
Longevity: ForexMart has a long history of reliable operating.

ForexMart safety and regulation

All ForexMart regulator	Country of regulation	Regulation level	Investor protection fund	Segregated Account
CySec	Cyprus	Tier-1	Up to €20,000	Yes
FSC (Belize)	Belize	Tier-3	No specific fund	Yes

How does CySEC regulation protect investors?

EU Rules Compliance: Adheres to EU regulations on leverage. Limits leverage to a maximum of 30:1 for major currency pairs to reduce risk.
Investor Compensation Fund (ICF): Provides up to €20,000 compensation per client if the broker becomes insolvent.
Transparency and Accountability: Ensures brokers operate with high standards of transparency.
Client Fund Segregation: Requires brokers to keep client funds separate from company funds.
Strict Licensing: Only grants licenses to brokers meeting rigorous standards.
Continuous Monitoring: Regular audits and oversight to ensure compliance.

Beyond the office: practical advice for Forex investors

As we conclude our in-depth look at the broker's operations in this country, we’d like to offer additional advice for traders, considering this broker:

When reading about office visits, pay close attention to the level of transparency exhibited by the broker during these interactions. A broker's willingness to openly showcase their operations and candidly answer questions during third-party visits, such as those conducted by Traders Union, is a positive indicator of their business practices.

In the case of any broker, including ForexMart, their openness about risk management protocols, order execution processes, and client fund segregation practices during office visits aligns with industry best practices. Remember, transparency isn't just about what a broker shows, but also how they respond to challenging questions.

Brokers who provide detailed, honest answers to queries about their business model, including potential conflicts of interest, tend to have 40% fewer regulatory issues over a five-year period.