ZFX Broker Review 2026

By: Oleg Tkachenko
Updated: June 05, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $50
Fees 9 /10
Account types 7 /10
Regulation 8.7 /10

5.8 /10

Moderate risk

ZFX User Reviews 4.6
Commissions and Fees 9.0
Regulation and Safety 8.7
Account Types 7.0
Deposit and Withdrawal 6.0
Markets and Tradable Assets 5.5
Trading Account Opening 8.0
Customer Support 4.2

ZFX Pros & Cons

Execution of trades without going through a dealing center and liquidity from major financial institutions.
Regulation by the FCA (UK) and the FSA (Seychelles).
Mini Trading Account with a minimum deal size of 0.1 lot and deposit from $50.
A humongous array of accounts for retail and professional clients.
Tighter spreads (from 0.2 pips) on ECN accounts.
Ability to trade over 100 assets, including Forex, stock indices, commodities (precious metals and crude oil), and stocks.
High leverage (up to 1:500) on standard and ECN accounts.

Lack of a web-based trading platform.
Hefty $1,000 deposit for retail traders on ECN accounts.
The maximum number of open positions in Standard and ECN accounts is limited and cannot exceed 200.

TU Expert Verdict

ZFX demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

title="Trading.com USA" Trading.com USA

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

title="ZForex" ZForex

ZForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

title="Plus500" Plus500

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

title="OANDA" OANDA

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

title="FOREX.com" FOREX.com

FOREX.com

6.8 /10

Regulation Tier-1

EUR/USD 0.7 pips

ZFX User Reviews

Score:

4.6 /10

57 total

5-star

4%
4-star

12%
3-star

21%
2-star

35%
1-star

28%

What I like about ZFX Broker is that transactions are carried out without intermediaries in the form of a trading center, and that liquidity comes directly from major financial institutions. This guarantees rapid order execution and fairer market prices, which is particularly important for active traders. This approach makes trading more transparent and efficient, but the absence of an online trading platform is a little disappointing. A web terminal is a handy tool that lets you quickly enter the market from any device without having to install any software. Here, however, you only have to work with installed software, which isn't always practical. Overall, if speed of execution and quality of liquidity are more important to you, ZFX Broker is a good option, but the lack of a web-based platform is worth considering.

Ce que j'apprécie chez ZFX Broker, c'est que les transactions s'effectuent sans intermédiaire sous la forme d'un centre de trading, et que les liquidités proviennent directement des principales institutions financières. Cela garantit une exécution rapide des ordres et des prix de marché plus équitables, ce qui est particulièrement important pour les traders actifs. Cette approche rend la négociation plus transparente et plus efficace.
Toutefois, l'absence de plateforme de négociation en ligne est un peu décevante. Un terminal web est un outil pratique qui vous permet d'entrer rapidement sur le marché à partir de n'importe quel appareil sans avoir à installer de logiciel. Ici, cependant, vous ne devez travailler qu'avec un logiciel installé, ce qui n'est pas toujours pratique. Dans l'ensemble, si la vitesse d'exécution et la qualité de la liquidité sont plus importantes pour vous, ZFX Broker est une bonne option, mais l'absence d'une plateforme web mérite d'être prise en compte.

The ZFX brokerage inspires confidence thanks to its regulation by the FCA (UK) and the FSA (Seychelles). These are serious regulators who monitor compliance with security and transparency standards, which reinforces confidence in the broker. Trading with such a company is more serene, knowing that the activity is controlled at a high level. However, the $1,000 minimum deposit is a major obstacle for retail traders on ECN accounts. Not everyone is ready to start with such an amount, especially if it's just a matter of testing the platform or trying out new strategies. If the starting threshold were lower, ZFX Broker would be more accessible to a larger number of traders. Otherwise, the broker seems decent, especially for those looking for a regulated and reliable platform.

Le courtier ZFX inspire confiance grâce à sa régulation par la FCA (Royaume-Uni) et la FSA (Seychelles). Il s'agit de régulateurs sérieux qui contrôlent le respect des normes de sécurité et de transparence, ce qui renforce la confiance dans le courtier. Le trading avec une telle société est plus serein, sachant que l'activité est contrôlée à un haut niveau.
Cependant, le dépôt minimum de 1000 $ est un obstacle important pour les traders particuliers sur les comptes ECN. Tout le monde n'est pas prêt à commencer avec un tel montant, surtout s'il s'agit seulement de tester la plateforme ou d'essayer de nouvelles stratégies. Si le seuil de départ était plus bas, ZFX Broker serait plus accessible à un plus grand nombre de traders. Sinon, le courtier semble décent, surtout pour ceux qui recherchent une plateforme régulée et fiable.

I chose a mini trading account with broker ZFX because it's perfect for a comfortable start. The minimum trade size of 0.1 lots and the deposit starting at $50 allow you to test the strategy without taking any major risks. It's a good option for those who don't want to invest large sums at once, but still want to work in the real market. However, there is one drawback - on Standard and ECN accounts, the maximum number of open positions is limited to 200 orders. This may be enough for most traders, but those using high-frequency strategies or actively hedging their trades may find this limitation troublesome. Otherwise, if you ignore this point, ZFX offers decent trading conditions.

J'ai choisi un mini compte de trading avec le courtier ZFX car il est parfait pour un démarrage confortable. La taille minimale des transactions de 0,1 lot et le dépôt à partir de 50 $ vous permettent de tester la stratégie sans prendre de risques importants. C'est une bonne option pour ceux qui ne veulent pas investir de grosses sommes en une seule fois, mais qui souhaitent tout de même travailler sur le marché réel.
Cependant, il y a un inconvénient - sur les comptes Standard et ECN, le nombre maximum de positions ouvertes est limité à 200 ordres. Cela peut suffire à la plupart des traders, mais ceux qui utilisent des stratégies à haute fréquence ou qui couvrent activement leurs transactions peuvent trouver cette limitation gênante. Sinon, si vous ne tenez pas compte de ce point, ZFX offre des conditions de trading décentes.

Make your review professional!

In order to send a review as a PRO, fill out all fields of the form.

What's in it for you?

This review will be posted higher on the list than others.
More users will be able to see your review.
Your review will be marked as "PRO".

Add your photo:

Available JPG or PNG Change

Rate the company:

Each star gives 2 points to the company's score.

POINT OUT THE ADVANTAGES OF THE COMPANY

Point out its weaknesses

Your Name

Social media link:

Leave a message:

Add your image or video:

Commissions and Fees

Score:

9 /10

The trading and non-trading commissions of ZFX have been analyzed and rated as having Low fees, with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of ZFX with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, ZFX’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

ZFX Standard spreads
	ZFX	ZForex	OANDA
EUR/USD min, pips	0.8	0.1	0.1
EUR/USD max, pips	1.5	0.4	0.5
GPB/USD min, pips	0.9	0.2	0.1
GPB/USD max, pips	1.6	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

ZFX RAW/ECN spreads
	ZFX	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	2	7	3.5
EUR/USD avg spread	0.2	0.1	0.15
GBP/USD avg spread	0.2	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with ZFX. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

ZFX Non-Trading Fees
	ZFX	ZForex	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is ZFX Safe?

Score:

8.7 /10

ZFX has a safety score of 8.7/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK

Track record of less than 8 years

ZFX Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1
FSA (Seychelles)	Full Name Financial Services Authority of Seychelles	Country of regulation Seychelles	Investor Protection Fund No specific fund	Regulation Level Tier-3

ZFX Security Factors
Foundation date	2019
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

7 /10

ZFX offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Managed.

ZFX covers the core account types, making it convenient for traders with different preferences and strategies.

Demo account
Standard account with balanced trading conditions
Cent account for beginners

Micro lots are not available
No Swap Free account

ZFX account types vs top competitors
	ZFX Broker	Trading.com	ZForex
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	Yes
Demo	Yes	Yes	Yes
Cent	Yes	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	Yes	No	No

ZFX accounts trading conditions

This broker offers four types of accounts that differ in deposit size, maximum leverage, and spread. To trade on any of the accounts, the MetaTrader 4 terminal integrated with ZFX is used. Mini, Standard, and ECN accounts can be opened at the division regulated by the Financial Services Authority of Seychelles. Professional Accounts are handled by the UK branch, which operates under the supervision of the FCA.

Account types:

Account Type	Description
Mini Trading Account	This is for novice traders. To open it you need to deposit not less than 50 USD. The trading leverage is 1:2,000. The excessive leverage allows a client with a small deposit to open a few positions with a big lot at the same time. The stop-out level is 20% and spreads are from 1.5 points.
Standard STP Trading Account	This is the most popular account and is suitable for more experienced clients. Maximum leverage is 1:500, spreads start from 1.3 pips, and stop-outs are 30%. The minimum deposit is 200 USD.
ECN Trading Account	This account uses an electronic communications network for trading and access to the Forex market is carried out without the participation of the broker. On this account, the spread starts from 0.2 pips, but additional commissions may be charged for the lot size. A requirement for the deposit is 1,000 USD. The stop-out level is 50%.
Professional Account	An ECN account for professional trading requires a minimum deposit of 10,000 USD. Spreads are floating and start from 0.2 pip. Leverage is up to 1:100 when trading currency pairs.

Demo Accounts are available on both desktop and mobile terminals.

ZFX is a broker that offers services to different types of clients. At the same time, accounts for retail traders are serviced by the division with offshore registration. Only the products regulated by the FCA division are available to professional clients.

Deposit and Withdrawal

Score:

6 /10

ZFX received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

ZFX provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Minimum deposit below industry average
No withdrawal fee
Bank wire transfers available
Bitcoin (BTC) accepted

Limited deposit and withdrawal flexibility, leading to higher costs
Wise not supported
Only major base currencies available

What are ZFX deposit and withdrawal options?

ZFX provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.

ZFX Deposit and Withdrawal Methods vs Competitors
	ZFX	Trading.com	ZForex
Bank Wire	Yes	Yes	No
Bank card	Yes	Yes	Yes
PayPal	No	No	No
Wise	No	No	No
BTC	Yes	No	Yes

What are ZFX base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. ZFX supports the following base account currencies: USD.

What are ZFX's minimum deposit and withdrawal amounts?

The minimum deposit on ZFX is $50, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact ZFX’s support team.

Markets and Tradable Assets

Score:

5.5 /10

ZFX offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 40 Forex pairs.

40 supported currency pairs
Copy trading platform
Indices trading

Crypto trading not available
Futures not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by ZFX with its competitors, making it easier for you to find the perfect fit.

	ZFX Broker	Trading.com	ZForex
Currency pairs	40	69	50
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	100	69	80
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	No	Yes
Stock indices	Yes	No	No
Options	No	No	No

Investment options

We also explored the trading assets and products ZFX offers for beginner traders and investors who prefer not to engage in active trading.

	ZFX Broker	Trading.com	ZForex
Bonds	No	No	No
ETFs	No	No	No
Copy trading	Yes	No	Yes
PAMM investing	Yes	No	No
Managed accounts	Yes	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with ZFX in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at ZFX is $50.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

ZFX account opening
	ZFX Broker	Trading.com	ZForex
Online Registration	Yes	Yes	Yes
Minimum deposit	$50	$50	$10
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	20	8
KYC time (days)	2	2	1

Is ZFX available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

There are several steps to register as a ZFX customer. Follow the instructions below:

Visit the official ZFX website and at the top of any of its pages, click the “Open an account” button.
In the registration form that opens, enter your personal information, email address, phone code of your country of residence, and mobile number. Next, devise a strong password.
Then go to your personal account and click MyZFX and provide your email address and password.
The following functions are available to the owner of a ZFX personal account:
- Account opening.
- Depositing and withdrawing funds.

These functions are all possible from the trader’s personal account:

Fund management such as payment operations and account management.
Trading such as balance inquiry, equity, and placing leverage on open accounts.
Request a different leverage level, and access to open live, and demo accounts.
Referred client data such as information on the number of attracted clients, their trading volumes, the amount of available and previously withdrawn bonuses.
Reports such as the history of all deposits and withdrawals, open and closed orders for a selected period, and changes in leverage.
Personal Information — edit personal data, details of your verification.

Customer Support

Score:

4.2 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Information

The UK branch answers questions from Monday to Friday from 09:00 to 18:00 (UK time). Retail traders serviced by the Seychelles office have 24-hour support available any day of the week.

Retail traders are serviced 24/7
Online chat is available in 8 languages

Only professional clients can contact the broker by phone
Call-back orders are not possible

The list of available channels of communication with broker representatives depends on the client's status and the selected unit. They are:

professional clients can use phone and email to contact them;
retail traders can use online chat, request by email directly or through the ready-made contact form in the Contact us section.

Company representatives answer unregistered users' questions via chat, phone, email, as well as via the messenger services of Facebook, Instagram, Twitter, or LinkedIn.

Contacts
Foundation date	2019
Registration address	4 Lombard Street, London, EC3V 9HD
Regulation	FCA, FSA
Official site	https://www.zfx.co.uk/
Contacts	support@zfx.co.uk

Best ZFX Alternatives

title="Trading.com USA" Trading.com USA

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

title="ZForex" ZForex

ZForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

title="Plus500" Plus500

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

title="OANDA" OANDA

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

title="FOREX.com" FOREX.com

FOREX.com

6.8 /10

Regulation Tier-1

EUR/USD 0.7 pips

ZFX Video Guides

FAQs

How are ZFX forex trading commissions and non-trading fees structured?

According to the review, ZFX has been rated as having low overall fees, with a fees score of 9/10. Standard account spreads on major pairs like EUR/USD typically range from 0.8 to 1.5 pips, while RAW/ECN accounts have average spreads around 0.2 pips plus a $2 commission per lot, and there are no stated deposit, withdrawal, or inactivity fees.

What trading account options are available at ZFX and what are their key conditions?

ZFX offers Mini, Standard STP, ECN, Professional, Cent, Demo, and Managed accounts, each differing in minimum deposit, leverage, spreads, and stop-out levels. For example, the Mini account starts from a $50 deposit with leverage up to 1:2,000 and spreads from 1.5 pips, while the Professional ECN account requires $10,000, offers floating spreads from 0.2 pips, and leverage up to 1:100 on currency pairs.

What do ZFX user reviews and feedback indicate about overall client satisfaction?

The user satisfaction score for ZFX is 4.6/10 based on 57 reviews, with most ratings being 2 or 1 stars. According to user reviews, this distribution suggests that overall client sentiment is mostly negative in the evaluated period.

How does the ZFX trading account opening process work and how long does it take?

The review states that opening an account with ZFX is fully online, took 20 minutes for registration, and KYC verification was completed within 2 business days, with a minimum deposit of $50. From the personal account area, users can manage funding, request leverage changes, open live and demo accounts, and access reports and personal data settings.

What do reviews and feedback say about ZFX customer support quality and availability?

The customer support section notes a safety score of 4.2/10, with reported delays in replies and limited depth of assistance, meaning issues may require repeated contact. Retail traders have 24/7 access via online chat and email (with chat available in 8 languages), while professional clients can also use phone support, and the UK branch operates on weekdays from 09:00 to 18:00 UK time.