Founded in 2018, ZFX is an online trading broker that operates the STP execution model, which offers instant access to the interbank markets. The broker has offices in the United Kingdom and Seychelles. They provide traders with the user-friendly MT4 trading platform that is available in desktop, web, and mobile versions. Their clients can trade various financial markets, including forex, commodities, indices, cryptocurrencies, and more. In addition, there are educational resources, helpful trading tools, and a knowledgeable client support team to assist traders. The minimum deposit required to start trading is $50, and leverage of up to 1:100 is available. No commission is charged on trades.
ZFX Review Introduction
In this ZFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including ZFX.
ZFX Platforms & Tools
Zeal Capital Market, ZFX for short, provides traders with the MT4 trading platform, a popular trading platform that came into existence in 2005. The platform is replete with helpful trading tools and has advanced trading capabilities. In addition, it has support for automating trades using expert advisors. The broker makes the MT4 platform available as a desktop application for Windows and Mac computers; a web version that can run directly on Chrome, Safari, Firefox, Edge, and other modern web browsers; and a mobile app that is compatible with smartphones running on Android and iOS. The mobile app allows traders to place trades and check trading positions while on the move with an internet connection.
There is an economic calendar on the broker’s website; it shows the schedule of future market events and their expected impacts on the financial markets.
ZFX Research & Education
to help traders make knowledgeable trading decisions, the broker makes available several learning resources — market news, corporate news, announcements, trading guides, and FAQs — on the website.
ZFX Trading Accounts
There is a choice of three live trading account options on the broker’s website, and they include the following: Mini Account, Standard STP Account, and ECN trading account. The minimum deposit required to begin trading is $50.
ZFX Account Funding
ZFX allows traders to deposit and withdraw funds to and from their trading accounts using any of the following payment methods: bank wire transfers, credit/debit cards, and online payment processors, such as Neteller and Skrill.
ZFX Customer Service
All clients’ general, technical, and account-related inquiries are sent to a knowledgeable client support team who are available 24/5 and can be reached via telephone, email, social media, online support form, or by visiting their physical offices.
Zeal Capital Market (UK) Limited is a wholly-owned subsidiary of Zeal Holdings Limited, which is authorized and regulated by the Financial Conduct Authority, FRN: 768451. It is a company registered in England and Wales with register number: 10219924.
Zeal Capital Market (Seychelles) Limited is a wholly-owned subsidiary of Zeal Holdings Limited, regulated as a Securities Dealer by the Financial Services Authority of Seychelles, license number: SD027.
ZFX Review Summary
In summary, ZFX is an online trading broker that is based in the United Kingdom and Seychelles. They offer access to trade multiple financial assets using the MT4 trading platform. The minimum deposit required to start trading is $50. ZFX is regulated in the UK and Seychelles by the FCA and FSA, respectively.
It is worth mentioning that some of the trading products and services in this ZFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the ZFX broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.