Bulbrokers
ForexMart
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while ForexMart was established in 2015 and is based in Cyprus. Bulbrokers holds licences including Financial Services Authority (FSA), while ForexMart is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bulbrokers serves 10,000+ clients worldwide; ForexMart has 10,000+. The minimum deposit is $100 at Bulbrokers and $1 at ForexMart.
| Feature | Bulbrokers | ForexMart |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2000 | 2015 |
| Country | Bulgaria | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and ForexMart, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bulbrokers). ForexMart charges withdrawal fees while Bulbrokers does not, giving Bulbrokers an edge for frequent withdrawers. Bulbrokers applies inactivity fees on dormant accounts; ForexMart does not. ForexMart charges deposit fees; Bulbrokers does not. Overall, ForexMart scores higher on fees in our assessment.
| Feature | Bulbrokers | ForexMart |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bulbrokers offers MT5, cTrader, while ForexMart supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexMart supports social and copy trading features, which Bulbrokers does not offer. ForexMart edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | ForexMart |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and ForexMart compare. ForexMart runs regular live webinars; Bulbrokers does not. ForexMart has a video library; Bulbrokers does not. ForexMart publishes daily market commentary; Bulbrokers does not. ForexMart integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. ForexMart maintains an archive of past webinars for on-demand viewing. ForexMart scores higher overall in education and research.
| Feature | Bulbrokers | ForexMart |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ForexMart supports 4 (bank transfer, credit/debit card, Skrill, Neteller). ForexMart uniquely supports Skrill and Neteller among the two brokers. ForexMart scores higher on deposit and withdrawal flexibility.
| Feature | Bulbrokers | ForexMart |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers and ForexMart offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and ForexMart supports 15, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | ForexMart |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |