Zenfinex Review

Zenfinex Logo

Zenfinex is a UK-based retail trading broker that creates a suitable trading environment for both retail and institutional traders, providing them with multiple trading platforms to ensure seamless access to several financial markets, including the forex, indices, metal, stock, energy, and commodity markets. The broker operates the STP execution with no dealing desk intervention and provides traders with educational resources and a multilingual client support team. There are multiple trading account options to suit all kinds of traders.

Zenfinex Platforms & Tools

Zenfinex Review Trading Platforms
Zenfinex Review Trading Platforms

Zenfinex provides traders with a choice of different trading platforms, including:

MetaTrader 4 Trading Platform

This is an advanced trading platform that was developed in 2005 by MetaQuotes, a Russian software company. The platform is widely used among forex and CFD traders because of its user-friendliness and advanced trading capabilities. MT4 is built with a range of useful trading tools, such as multiple charts, over 20 indicators, 9 timeframes, and support for trading automation using scripts and expert advisors. It is available as a desktop application for Windows and Mac computers, a web terminal, and mobile apps for Android and iOS devices.

ZenConnect

This is a mobile app that is packed with a plethora of useful features, including a built-in charting package that enables traders to load indicators and plot trend lines with relative ease. The platform allows its users to chat within the community and share trading ideas amongst themselves. It enables traders to trade on the go, even inside a train or bus, provided there is an internet connection.

FIX API

This is designed for the real-time electronic exchange of global trading transactions, including equities, futures, and forex. The broker supports the FIX messaging version 4:4.

Zenfinex Research & Education

There is a limited selection of educational resources on the broker’s website. However, an FAQ section is in place to offer answers to clients’ most common questions.

Zenfinex Trading Accounts

Traders are allowed to choose the trading account type that best suits their trading objectives and capital. The account types and their corresponding minimum required deposits are as follows: Mini Account ($50), Standard Account ($5,000), and Pro Account ($25,000). Demo accounts are also in place for practice purposes.

Zenfinex Account Funding

The broker accepts the following payment methods for both account deposits and withdrawals: bank wire transfer, credit/debit cards, ACH, and paper cheque.

Zenfinex Review Deposit and Withdrawal Methods
Zenfinex Review Deposit and Withdrawal Methods

Zenfinex Customer Service

Clients can get instant and knowledgeable responses to their inquiries by contacting the customer support team via telephone, Live Chat, support ticket, email, and social media.

Zenfinex Regulation

Zenfinex Limited is registered in England and Wales with the registration number: 11077380. The firm is regulated and authorized by the Financial Conduct Authority (FCA) with the reference number: 816055.

Zenfinex Review Summary

Zenfinex is a UK retail and institutional brokerage firm that was founded in 2015. They enable traders to trade multiple financial assets via a range of trading platforms, whilst providing them with a dedicated customer support team for prompt assistance. There are multiple account options to suit all types of traders.

Zenfinex

7.2

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

8.0/10

Features

  • Multiple trading platforms
  • A variety of trading instruments