Recalculated 2026-11-02 · Established 2015 · Offshore Tradomart SV Ltd
ForexMart — South Africa
ForexMart is rated 2.64 out of 5 by our formula (scored, but outside the ranking) for traders in South Africa: round turn 10 USD, residents accepted — Through an offshore entity.
Suits you if you can open with 15 USD · a swap-free account is available · it has been trading for 11 years
Look elsewhere if the round turn is 10 USD against a 7 USD median here · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Offshore Tradomart SV Ltd
- Licence number
- not stated
- Established
- 2015group
- Min deposit, USD
- 15 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- Cards, wire, local bank transfer, Skrill, Netell
- Max leverage
- 500geo
- EURUSD
- 1.0 pipsgeo
Accounts (4)
4 of 4 accounts with a published cost per lot
4 of 4 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| ForexMartClassic | 15 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| ForexMartPro | 200 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| ForexMartCents | 15 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| ForexMartZero Spread | 500 | 0advertised | — | 0round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| ForexMart | South Africa median | |
|---|---|---|
| Round turn, USD | 10.0 USD | 7.0 USD |
| Min deposit, USD | 15 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1-7 working hours or up to 48 hoursgroup | 24.0 h |
| EURUSD, standard | 1.0 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.0 pips | 0.0 pips |
| Established | 2015group | 2009.0 |
| Platforms | 2 | 3.0 |
Onboards residents through an offshore entity
Offshore only (SVG FSA); no local FSCA oversight or protections.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about ForexMart.
- Who actually onboards you
- Offshore Tradomart SV Ltd
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (5/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:26.7% × 3.75+ 26.7% × 0.00+ 20.0% × 4.71+ 13.3% × 2.75+ 13.3% × 2.50= 2.64
Shown, not ranked: no review-platform rating
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Offshore Tradomart SV Ltd
Offshore entity
Offshore Tradomart SV Ltd (SVG) via forexmart.com.
What each account gives you
Classic/Standard, Cent, Zero Spread, Swap-Free; demo.
Cost per round turn, and the South Africa middle (81 of 104)
standard
Client-money protections
Min USD 1 (Zero Spread) / USD 15 (Classic/Cent).
What the broker publishes about payouts
Trading software and asset classes (2)
MT4 · MT5
FX, metals, indices, commodities, crypto CFDs, shares.
Reviews
rated "Poor" with 2.3 / 5 on Trustpilot
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at 1-7 working hours or up to 48 hours
Cons (2)
- Round turn 10.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
Where it does not serve
United States, North Korea, Myanmar, Sudan, Syria
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (4)
4 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- The broker's own documents
- 1forexmart.com/about-usforexmart.com · pageBroker
- Aggregators and directories
- 2sashares.co.za/forexmart-reviewsashares.co.za · pageAggregator
- 3forexbrokers.com/guides/south-africaforexbrokers.com · pageAggregator
- 4fxscouts.co.zafxscouts.co.za · domainAggregator
FAQ (5)
Does ForexMart accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of ForexMart?
Offshore Tradomart SV Ltd
What licence does ForexMart hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at ForexMart?
10.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from ForexMart take?
ForexMart publishes 1-7 working hours or up to 48 hours. Their own wording: “within 1–7 working hours or up to 48 hours”.