QuantumFX (General Branding) EN

ForexMart customer reviews

Updated: August 31, 2026
ForexMart
Views729
Summary
Multiple customers accuse ForexMart of refusing or confiscating withdrawals and profits, often citing opaque enforcement of broad terms and conditions such as "statistically suspicious trading" (Clause 9.32) without providing trade-level evidence, execution logs, or tick data—one trader claims $30,253.54 in profits was retroactively nullified leaving a $3.91 balance. Users report unresponsive or evasive support, long delays, and boilerplate justifications; several describe that profits are heavily reduced or canceled for trading around news, price gaps, one- or two-minute spikes, or for alleged short-lived trades, with claims of cuts of more than 90%. Multiple reviewers allege platform glitches, manipulated candles and poor liquidity provider execution, and some claim collusion with an affiliate ("azakafx") to defraud clients; affiliate and referral commissions are also reported as being denied based on broad application of rules. Many warn others to avoid the broker and label it a scam; some clients engaged recovery consultants to reclaim funds. At the same time, at least one long-term customer reports a positive experience—fast withdrawals, prompt referral payments, free VPS, permission to run an MT4 bot, and satisfactory account service from a named agent. Complainants threaten escalation to regulators and dispute resolution bodies and demand full reinstatement of seized funds and provision of execution evidence. Overall, reviews show inconsistent service, serious complaints about fairness and transparency, but isolated positive reports of good customer support and timely payouts.
Hassan Saeed
01.08.2026 | 20:41

Notice of Formal Dispute & Public Complaint I am issuing this formal public notification regarding ForexMart (Account #58139081) following the unilateral and arbitrary confiscation of $30,253.54 USD in lawfully accumulated trading profits (Closed Trade P/L: $30,341.80). ForexMart’s "AntiFraud" department issued a notice citing Clause 9.32 (Statistical Evidence of Suspicious Trading), claiming "statistically suspicious patterns" and alleged exploitation of market inefficiencies without providing a single piece of concrete trade-level evidence, tick data analysis, or execution audit logs. Key Facts of the Case: Account ID: 58139081 Confiscated Profit Amount: $30,253.54 USD (Adjusted via manual debit: -$30,337.89) Stated Reason: Application of Clause 9.32 (i, ii, iii) Current Status: All net profits retroactively nullified; account left at a nominal balance of $3.91. Legal & Compliance Position: Lack of Evidence: Invoking broad, boilerplate clauses regarding "statistical patterns" to nullify validly executed trades—after risk was assumed and spreads/commissions were paid—without delivering a trade-by-trade breakdown constitutes an arbitrary denial of earned profits. Bad Faith Execution: A broker cannot retroactively classify profitable market entries as "statistically suspicious" solely because the outcome resulted in a significant net loss for the liquidity provider or dealing desk. Regulatory Escalate: If ForexMart fails to immediately provide full execution logs detailing the exact order tickets deemed non-compliant, or alternatively reinstate the full profit balance of $30,253.54 USD, formal complaints will be escalated directly to relevant supervisory authorities (including CySEC / FSA SVG) and external financial dispute resolution bodies. We demand immediate contact from senior management to review this matter and arrange for the full payout of the cleared funds.

Buyung Rojer
22.07.2026 | 10:13

Fraudulent brokers make withdrawals difficult, citing level 3 verification, but I asked back, what verification do I need to do, they haven't answered my question, it's been 3 working days

Engr Inam Khan
12.01.2026 | 06:14

Scammer. I make Deposit and Withdrawal Two Times but Never Withdrawal. My Account Number is 58127814

Stefan A
19.11.2025 | 19:57

Scam broker avoid! As soon you made some profit they gonna delete profits and avoid paying with some nonsense excuses. Update: By 'abusive,' they mean that as soon as you make a profit, they will find a reason not to pay you.

Teemah
26.12.2024 | 15:57

This company forexmart are scammers, they collaborated with one forex guy called azakafx to dupe about 40 of us a sum of $107,000. He is his their secret agent. Once you make a deposit with this fake broker, you will never win any trade and once you try to place a withdrawal, they will tell you it’s successful but will never credit you. Deal with both azakafx and forexmart also known as Tradomart SV Ltd. at your own risk.

Steve Locse
17.02.2024 | 16:37

I am working with Forexmart since more than 1 year. Now I see here many negative reviews but I must say that this is not my case. I was always treated wonderfully by my agent Natalia. They really acepted my conditions to use my bot on MT4. All of the refferal bonuses were payed in a few hours. My withdrawal also arrived in less than 1 day. I really do not understand what theese people who are complaining, are talking about... I asked for a VPS to run my bot and I got it for free. Up to today everything is running smoothly. Never had any issue with forexmart. I am happy to work with them.

shakirin rosli
28.11.2023 | 11:55

Glitch , manipulated candle beware to all user.. im not recommended to trade on this broker. im try to reach the support forexmart . but cannot resolved and forexmart not refunds my money on MT4.Your LP is very worst , manipulated and glitch .Beware to all user , dont used this broker acc : 58112746

Diogo
17.04.2023 | 22:39

After 3 months of trading, this broker deleted all trades and profits. This company should be stopped asap from scamming people!!!

Daniel Cruz
17.03.2023 | 18:33

Account 58099422. They rely on its many terms and conditions to be able to withdraw all the profit chosen by the trader. I had all my affiliate profit refused by one of their terms, due to some of my affiliate's orders not being closed lasting more than 2 minutes, so I asked my affiliate to investigate his account, there were 1050 traders in total where 363 traders had time less than 2 minutes, that is, at the fair they should cancel the profit only from the 363 orders and not from all 1050. This for me is nothing more than a scam. stay away from this scammer

Bernad Vasquez
10.04.2021 | 22:39

Thanks to consultancy and recovery experts that made me not invest with ForexMart. They helped my friends that lost their investment here get their investment and profits back.

Pavan
15.03.2021 | 08:14

Forexmart has lot of term & conditions. One has to read them properly. Mostly, you will not be able to trade freely due to their terms & conditions. For ex, You can't trade at the time of economic events, news announcements & price gaps. And you can't do any trades if any 1 min or 2 min spikes occurs. If you trade at that time & gets profit, they will cut down drastically more than 90% from that profit & give the rest of it to you. They will say, you can't get more than 10% of profit with in a single trade. So I strongly suggest that it is waste of time trading with this company.

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