Trading Cryptocurrency pairs on ForexMart
ForexMart offers trading services in various financial instruments, including forex, metals, CFDs, and cryptocurrencies.
Cryptocurrency trading on ForexMart is not the same as trading forex.
Cryptocurrency trading involves buying and selling digital currencies, while forex trading involves buying and selling fiat currencies.
If you are interested in trading cryptocurrencies on ForexMart, you can check the list of available cryptocurrencies on the Official Website and see if they offer the particular digital currency you are interested in trading.
You may also need to check the trading conditions, such as spreads, leverage, and margin requirements, to see if they are suitable for your trading strategy and risk appetite.
Go to ForexMart’s Official Website
What is ForexMart?
ForexMart is an online forex and CFD broker that offers trading services in various financial instruments, including forex, metals, stocks, indices, and cryptocurrencies.
The company claims to offer competitive trading conditions, including low spreads, fast execution, and flexible leverage.
ForexMart also offers a range of trading platforms, including MetaTrader 4 and WebTrader, which are widely used in the industry.
These platforms provide traders with advanced charting tools, technical analysis indicators, and customizable trading strategies.
In addition, ForexMart provides educational resources such as video tutorials, webinars, and market analysis, which may be helpful for traders of all levels.
ForexMart also offers customer support in multiple languages, which is available 24/5.
Check out 4 account types available on ForexMart’s trading platform here:
| Account Type | Min Spread | Average Spread | Commissions | Min Deposit | Min lot | Order Execution |
|---|---|---|---|---|---|---|
| Classic | 1 pips | 1.2 pips | No commissions | $15 | 0.01 | Market |
| Pro | 0.6 pips | 0.8 pips | No commissions | $200 | 0.01 | Market |
| Cents | 1 pips | 1.2 pips | No commissions | $15 | 0.1 (cent lots) | Market |
| Zero Spread | 0.0 pips | 0.2 pips | Commission from $6 | $500 | 0.01 | Market |
How to start trading Cryptocurrency pairs on ForexMart?
To sign up on ForexMart and invest in the cryptocurrency market, you can follow these steps:
- Go to the ForexMart website at https://www.forexmart.com/.
- Click on the “Open Account” button located on the top right corner of the page.
- Choose the account type you want to open. ForexMart offers various account types, including demo, standard, and zero spread accounts. You may want to consider the trading conditions, such as spreads and commissions, before choosing an account type.
- Fill out the registration form with your personal information, including your name, email address, phone number, and country of residence.
- Verify your email address by clicking on the verification link sent to your email.
- Provide additional documentation for account verification, such as a government-issued ID and proof of address.
- Once your account is approved and funded, you can access the trading platform and start trading.
To invest in the cryptocurrency market on ForexMart, you can follow these additional steps:
- Log in to your trading account and select the cryptocurrency you want to trade from the list of available instruments.
- Check the trading conditions, such as spreads, leverage, and margin requirements, for the selected cryptocurrency.
- Determine your trading strategy and decide whether to buy or sell the cryptocurrency.
- Set your trade parameters, including the trade size, stop-loss and take-profit levels, and order type.
- Monitor your trade and adjust your parameters as needed.
