Zaif Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • Web
  • TradingView

Zaif Review 2024

Updated:
Updated: March 12, 2024

3.59

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • Web
  • TradingView
Trading features:
  • Profitable investment program Zaif Coin Reserve, you can order a plastic Manepa card, with the possibility of offline payment from it (in yen), you can earn cryptocurrency through entertainment applications like Zaika GO

Summary of Zaif Crypto Exchange

Zaif is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.59 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Zaif clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. Zaif ranks 73 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The Zaif cryptocurrency exchange provides comfortable conditions for fast margin trading. The platform is equally convenient for beginners and experienced traders. The Zaif Coin Reserve program allows you to receive stable passive income, an additional source of income is the referral program. The crypto exchange offers lucrative commissions, but no hidden fees. You can order a universal plastic Manepa Card linked to your Zaif trader account.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The Zaif exchange is a popular cryptocurrency trading platform. There are two options for buying and selling - fast trading and trading in the order book. Bitcoin, Ethereum, Bitcoin Cash, Fisco Coin, Symbol, XEM, Mona Coin, and other cryptocurrencies are traded on the exchange. The Japanese yen (JPY) is the only fiat currency on the site. The exchange provides 1:2 leverage. The trading terminal is a web version based on the standard TradingView system. Trader chat and analytics are integrated into the fast trading service. The Zaif Coin Reserve investment program allows you to automatically buy cryptocurrency at an average dollar value. There is a referral program with a bonus payment system. Trading commissions are below the market average.

💰 Account currency: Cryptocurrencies, currencies
🚀 Minimum deposit: $1
⚖️ Leverage: 1:2
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, Japanese yen
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Zaif:

  • technically simplified trade;
  • profitable investment solution;
  • popular cryptocurrencies and tokens;
  • significant bonuses for the affiliate program;
  • transfer of cryptocurrency via Twitter;
  • low commission fees;
  • universal Manepa Card;
  • detailed FAQs section.

👎 Disadvantages of Zaif:

  • the Japanese yen is the only fiat;
  • technical support does not have a call center.

Evaluation of the most influential parameters of Zaif

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

2.26

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

4.80

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

4.58

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

4.74

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

5.10

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

5.32

/10

Trade with this broker, if:

  • You're a beginner, as Zaif offers a user-friendly interface and commission-free buying and selling in its "Simple Trade" feature. They also provide educational resources to help you learn about cryptocurrency.
  • You want access to a diverse selection of coins, as Zaif lists over 20 different cryptocurrencies, including major ones like Bitcoin and Ethereum, as well as some lesser-known tokens.

Do not trade with this broker, if:

  • You value the lowest fees. While Zaif offers commission-free "Simple Trade", their fees for other trading options and withdrawals can be higher than some competitors.
  • You prioritize security, as Zaif suffered a major hack in 2018, raising concerns about their security measures. While they claim to have improved security since then, it's worth considering for risk-averse users.

Geographic Distribution of Zaif Traders

Popularity in

98.7%
JP
Japan
5.3%
Others
Others

User Satisfaction i

19 comments
Total score:
6.2 /10

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micheleyd2
1 year ago

It is inconvenient to trade with Zaif. I was convinced of this after working with them for 3 months. You can withdraw money, but you will only have to wait a very long time. The terminal is buggy and transactions are processed for a very long time. I don't like this very much. And yes, there are a lot of technical problems.

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enriquezn4
1 year ago

In Zaif, the conditions are normal, but do not withdraw money. Trading was great. Exactly until the moment when the withdrawal was requested))) As soon as the money wanted to withdraw, I was blocked. 3000 dollars and hung there with them.

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chetak2
2 years ago

I registered on the Zaif exchange a year ago and I have never regretted trading here. Of course, I had to open bank accounts for the Japanese yen, but this problem was resolved. The site is suitable for exchanging fiat currency for cryptocurrency and vice versa, as well as for trading cryptocurrency pairs. The service is aimed at Japanese investors. But there are no restrictions for residents of other countries. It is impossible to enjoy some of the benefits like paying for goods and services using Bitcoins. The Zaif exchange is a very good service for crypto trading.

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mopia
2 years ago

The Zaif exchange has a serious attitude towards its customers, a high level of security, and a large volume of trading in Bitcoin paired with the yen. All this characterizes the Zaif exchange as a focused company for the exchange and trading of cryptocurrency. Various options are offered for trading. Limit and market orders are available, and a service for the instant sale/purchase of cryptocurrency at the exchange rate itself. In addition, trading with leverage is also offered, which gives its advantages. The commissions of the Zaif exchange are quite adequate, in some cases even lower than those of other exchanges.

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tajkhan1
2 years ago

Although the site zaif.jp appeared in English, nothing has changed. As this exchange was aimed exclusively at clients from Japan, it has remained. Serious registration problems. And also it is impossible to find a technical support specialist who speaks English. Well, the biggest problem is that when working with fiat currency, you need an account with one of the banks in Japan. I do not recommend Zaif.

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leech
2 years ago

The conditions for traders on the Zaif exchange are pretty good. It offers several options for trading with leverage, and quick the exchange of tokens for fiat or among themselves. The trading platform itself has good functionality, you can change the type of charts, and use built-in technical indicators. The platform works quickly, and quotes are received without delay. For two years of trading with the Zaif exchange, I have never met any surprises that could take out client deposits. And not surprisingly, the exchange passed the inspection of the Japanese supervisory authorities, and no violations were revealed. The main disadvantage is the language barrier. The only two languages on the site are Japanese and (a tiny bit of) English. You have to wait a week for answers to requests for technical support in English.

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kaddour
2 years ago

I did not find anything good in the Zaif exchange. There are no normal assets to exchange, fiat is only Japanese yen. Yes, to this still need to attach a bunch of problems with registration. There are many exchanges where you can exchange cryptocurrency for fiat and vice versa with a good exchange rate. It won't work on Zaif.

Expert Review of Zaif

Zaif, a Japanese cryptocurrency exchange, is widely known among professional traders. It is a young platform providing cutting-edge crypto trading opportunities. In particular, in addition to standard trading, there is a fast trading service in the order book.

Zaif exchange allows you to earn cryptocurrency by playing on mobile applications. Thus, earnings are combined with the sphere of entertainment, which is a stable trend. The referral program at the crypto exchange is quite standard - payments for invited users. Payments can be received for different actions, they are one-time, not permanent.

There are still few cryptocurrencies on the exchange, but they are the most popular ones, including Bitcoin, Bitcoin Cash, and Ethereum. Crypto-fiat pairs are only with the Japanese yen, which is especially beneficial if you order a plastic Manepa card. The card allows you to shop at all offline stores that accept yen.

For experienced traders, the Zaif exchange offers large trading volumes, 1:2 leverage, and a fast trading terminal. Beginners are attracted by the popularity of the platform, the simplicity and intuitiveness of the service, and bonuses. The exchange is popular among investors due to the Zaif Coin Reserve program.

Of the minuses, the support service lacks a call center (only tickets) and localization is only in two languages, Japanese and English. The lack of mobile trading can be considered a disadvantage.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Zaif’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

The main investment program of the Zaif cryptocurrency exchange is called Zaif Coin Reserve. The program allows you to link a bank card or electronic wallet to your exchange account, from which a certain amount will be debited at a given frequency. It will be automatically used by the service to buy cryptocurrency. You determine what currency the service will buy, in what volume and price range.

The peculiarity of Zaif Coin Reserve is that the program uses an averaged dollar value algorithm. This means that it will independently reduce the volume of purchases when the price rises and will buy more when it decreases. Given the high volatility of cryptocurrencies, when the value is constantly changing, the averaged dollar value algorithm is one of the few that is really effective for automatic purchases. Thus, you will not be able to earn a lot, but the income will be stable.

The second option for passive earnings of cryptocurrency on the Zaif exchange is to receive "Mizin souls" through the Takara entertainment applications. You just need to install the application and play it to receive “souls”, which can be exchanged for cryptocurrencies through IndieSquare and transferred to your Zaif account. The application is interesting because to collect large "souls" you may exchange smaller "souls" with other players. This way, Takara encourages users to be socially active.

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Zaif’s affiliate program

The Zaif crypto exchange offers an affiliate program, every user can join. To do thi s, you need to go to the appropriate section of your personal account, where your referral link is indicated. The link can be placed anywhere without restrictions - on social networks, forums, and websites. Each user who follows your link and registers on the exchange will become your affiliate (referral). Then you can receive two bonuses:

  • 1,500 yen when your referral verifies his identity;

  • 10,000 yen if your referral trades more than 1,000,000 yen within a month.

All bonuses are paid in yen to your Zaif account. The program does not imply constant payments and payments for users invited by your affiliates.

Trading Conditions for Zaif Users

The Zaif crypto exchange attracts novice traders by the lack of a minimum deposit. After registration and identity verification, you do not need to deposit any specific amounts to start trading. You independently manage the economics of your Zaif account. Please note that leverage is not available for the fast trading service. The exchange provides this opportunity only for trading in the order book. You can contact technical support through the ticket system in the corresponding section of the site. Technical support works around the clock. The table below shows the main trading conditions of the exchange.

$1

Minimum
deposit

1:2

Leverage

24/7

Support

💻 Trading platform: TradingView, web
📊 Accounts: Standard
💰 Account currency: Cryptocurrencies, currencies
💵 Replenishment / Withdrawal: Electronic and cryptocurrency wallets, bank transfers
🚀 Minimum deposit: $1
⚖️ Leverage: 1:2
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, Japanese yen
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: No
➕ Affiliate program: Yes
📋 Orders execution: No data
⭐ Trading features: Profitable investment program Zaif Coin Reserve, you can order a plastic Manepa card, with the possibility of offline payment from it (in yen), you can earn cryptocurrency through entertainment applications like Zaika GO
🎁 Contests and bonuses: No data

Broker comparison table of trading instruments

Zaif Bybit OKX XT.com Paxful Phemex
Forex No No No No No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

Zaif Commissions & Fees

Information
The Zaif cryptocurrency exchange charges trading fees. The maker and taker commissions are fixed and do not depend on the trading volume, the size of the trades, and the markets on which you trade. The fee is 0.0 / 0.1% for all pairs except BCH / JPY and BCH / BTC - for them the commission is 0.0 / 0.3%.
If a trader uses borrowed funds on the site, trading operations are subject to an additional fee of 0.039% per day. There is also a profit commission - 0.7%. When trading in the AirFX system, a daily fee is charged - 0.039% of the amount of an open contract. The swap fee is no more than 0.375%.
Account type Spread (minimum value) Withdrawal commission
Standard Up to 0.3% per order Yes

The exchange charges fees for depositing and withdrawing funds. The amount of the fee depends on the asset and the channel you use for deposits and withdrawals. The exact amount of fees can be found in the corresponding section of the site. In general, fees are low. For example, for a bank transfer in Japanese yen, the fee is JPY 385 for transfers up to 30,000 yen. The Ethereum withdrawal fee, depending on the withdrawal channel, can be ETH 0.01-0.05.

Broker Average commission Level
Zaif $0.3 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo Zaif
$0.3
$20
$0.1

Contacts

Foundation date 2014
Registration address 5-11-9 Minami Aoyama, Minato-ku, Tokyo
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Zaif Review Zaif Review

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FAQs

Do reviews by traders influence the Zaif rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Zaif you need to go to the broker's profile.

How to leave a review about Zaif on the Traders Union website?

To leave a review about Zaif, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Zaif on a non-Traders Union client?

Anyone can leave feedback about Zaif on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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