ZFX Broker Review 2024
Minimum
deposit:
  • $50

Trading platform:

  • Zeal MT4 Desktop
  • Zeal MT4 Mobile
Regulation:
  • FCA
  • FSA
Bonus for deposit:
  • 0%

ZFX Broker Review 2024

Updated: March 05, 2024
Updated: March 05, 2024
Your capital is at risk.

4.26

/

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:
  • $50

Trading platform:

  • Zeal MT4 Desktop
  • Zeal MT4 Mobile
Regulation:
  • FCA
  • FSA
Bonus for deposit:
  • 0%

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Summary of ZFX Broker Trading Company

ZFX Broker is a broker with higher-than-average risk and the TU Overall Score of 4.26 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by ZFX Broker 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. ZFX Broker ranks 134 among 395 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

The ZFX broker offers tight spreads only to owners of ECN accounts. However, the minimum deposit size is $1,000 on accounts of this type. For this reason, beginners and investors without a capital reserve have to trade from standard accounts with high spreads, which does not make ZFX the best choice for beginner traders.

The ZFX is an NDD, STP, and ECN broker headquartered in London. It has been providing online FX and CFD trading services since 2016. It is regulated by the British FCA (768451) and Seychelles supervisory authority FSA (SD027). Traders from Europe, Asia, and Africa can trade currency pairs, indices, stocks, and commodities on the ZFX platform. The broker is part of the Zeal Group of fintech companies specializing in liquidity solutions for regulated markets in major regions of the world.

💰 Account currency: USD
🚀 Minimum deposit: From $50 for retail clients, from $10,000 for professional clients
⚖️ Leverage: Up to 1:100 for professional clients, up to 1:2000 for retail traders
💱 Spread: From 0.2 pips
🔧 Instruments: Currency pairs, CFDs on stocks, indices, commodities (oil, gold, silver, copper)
💹 Margin Call / Stop Out: Stop out: 20%/30%/50%

👍 Advantages of trading with ZFX Broker:

  • 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.

👎 Disadvantages of ZFX Broker:

  • 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.

Evaluation of the most influential parameters of ZFX Broker

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.

3.89

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

8.43

/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.

7.71

/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.

7.37

/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.

6.55

/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.

4.20

/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.

8.28

/10

Trade with this broker, if:

  • You prefer direct trade execution, bypassing intermediaries like dealing centers. This ensures faster execution and potentially lower costs.
  • You want an access to liquidity from significant financial entities, competitive pricing, and reliable order execution. These features are crucial for active traders.
  • You expect tighter spreads on ECN accounts starting from 0,2 pips on ECN accounts, enhancing your trading efficiency and potentially maximizing your profits.

Do not trade with this broker, if:

  • You prefer the convenience and accessibility of a web-based trading platform, as this broker may not be able to provide that to you.
  • You are searching for brokers having low deposits as retail traders might find the $1,000 deposit requirement for ECN accounts prohibitive, especially if they prefer a lower initial investment or want to manage risk more cautiously.

Geographic Distribution of ZFX Broker Traders

Popularity in

32.1%
CN
China
17.33%
VN
Vietnam
15%
ID
Indonesia
9%
TH
Thailand
9%
MY
Malaysia
5.12%
TW
Taiwan, Province of China
5%
TR
Turkey
2.3%
EG
Egypt
1.2%
SG
Singapore
1%
GB
United Kingdom
2.95%
Others
Others

Video Review of ZFX Broker i

ZFX Latest Comments for 2024 i

54 comments
Total score:
4.5 /10
  • Best
  • Last
  • Oldest
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mian

For me personally, the conditions at ZFX Broker are quite satisfactory. Although the minimum account was a bit expensive. Not everyone is ready to check a broker with a minimum deposit like this. However, I took a risk and I don’t regret it. I trade normally, everything works well, and I successfully withdrew funds twice without delays.

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namaljoy

ZFXBroker is a scammer and deceiver, its first priority is profit and it profits mainly from those who invest a lot. I deposited a small amount at first, checked them, and it seemed to be a normal broker. But as soon as I deposited $900, they immediately started playing on my account. These scammers drained my entire balance. And their technical support said that I lost everything myself.

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Ravindu444

This is not a broker! Not only does ZFX Broker limit the ability to open trades, but it also closes trades at its own discretion. Like, there is a suspicion that I don’t have enough margin to support the trade. Four trades in a row - and all go into negative due to the fact that ZFX Broker closes trades on its own, without me.

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rehmancareer

I can’t give ZFX Broker a high score. I argued with technical support more than once, and I memorized the regulations so that I knew all my rights. I will say that there are a lot of things in the regulations that can put the client in an uncomfortable position. And I think that ZFX Broker, when compared with others, is not in the top of traders’ trust. And this is understandable.

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ansarimhracid

Slippage of 30 pips on ZFX Broker platform is a normal occurrence. Therefore, it turns out that when you try to open an order, spread and slippage already bring a big loss. If there is a price movement in the market, you can win back such a loss. But most often such orders bring problems in the form of financial losses. Therefore, I had to change ZFX Broker to another company.

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ara92

A very strange and problematic company. I think ZFXBroker may be involved in fraudulent manipulations. My trader friend's funds just disappeared from the account. He is now trying to resolve issues with customer support, but there is still no result. I think it's worth thinking twice before opening an account with ZFXBroker.

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mustafakucukalp

Trading conditions at zfx leave much to be desired. What immediately catches your eye is the excessive deposit requirements. An initial deposit of $1,000 is a lot in my opinion. Next comes the platform. I tried trading on a demo account, so I can say that there are a lot of problems. If there are many problems when trading on a demo account, then on a live account there will definitely be only losses.

Responses to a comment
zafit to mustafakucukalp

I'll add that the managers at ZFX persistently offer to fund the trading account. I made a mistake and registered on this platform. So the managers of this broker kept calling and messaging me constantly.

Expert Review of ZFX Broker

The ZFX broker is part of the Zeal Group and is only five years old with its headquarters in London. During that time, the brokerage has opened a representative office in Seychelles and several offices in Europe and Asia. However, its management limits the sphere of activity of each subdivision. The broker is regulated by FCA as well as FSA Seychelles.

The ZFX brokerage strives to meet the needs of traders of all experience and asset levels. Cent accounts from $50 and up are available to beginners and traders wishing to test the broker's terms and services. More experienced traders can make transactions on Standard accounts after depositing $200. The broker also offers ECN accounts to both retail traders and professionals.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of ZFX Broker’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 ZFX broker offers favorable conditions for active trading and passive investing. Its MT4 terminal allows traders to work with PAMM and MAM accounts. Thus beginners without experience can earn passive income by trusting their capital to competent and professional managers.

Multi-Account Manager (MAM) is a trust management account to earn passive income

Any ZFX client interested in investing profits can sign an agreement with the chosen asset manager in which the performance fee is agreed upon in advance. The MAM account includes performance, management, and trading fees. In this case, the broker himself does not participate in the MAM, but only acts as a custodian of the funds and a guarantor that the manager and the investor receive the agreed percentage. The investor can fully control his account.

The methods of profit distribution when working with MAM service are:

  • in proportion to equity;

  • in proportion to the balance;

  • percentage distribution;

  • profit and loss allocation (percentage or proportional).

All MAM account managers can set various types of MT4 orders (stops, limits, trailing stop, group order, etc.), use expert advisors, and automated strategies. Investors in turn can control positions in real-time and monitor profits and losses of managed accounts.

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.

ZFX’s affiliate program

  • Marketing Affiliates. For the most effective cooperation, the company provides access to advertising banners to be placed on websites and social networks to attract clients via its affiliate portal.

  • Introducing Broker. The IB program is for individuals and financial institutions. It allows the introducing brokers to work under the ZFX brand. The company offers an experienced team of specialists who assists the IB's clients.

  • Fund Managers. They oversee the professional MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts.

Partners can track the number of clients who open an account using referral links and their activity through their personal accounts.

Trading Conditions for ZFX Broker Users

The ZFX broker offers cent, professional, STP, and ECN accounts with diverse leverage levels and trading fees. Retail traders can start with a deposit of $50 and professional traders from $10,000. Transactions with currency pairs and CFDs on stocks, indices, and commodities are available to the clients via MetaTrader 4 desktop and mobile terminals. You can test the broker’s trading conditions using a demo account; the conditions are identical to those of ZFX’s real accounts.

$50

Minimum
deposit

1:2000

Leverage

24/7

Support

💻 Trading platform: Zeal MT4 Desktop, Zeal MT4 Mobile (iOS and Android)
📊 Accounts: Demo, Mini Trading Account, Standard STP Trading Account, ECN Trading Account, and Professional Account
💰 Account currency: USD
💵 Replenishment / Withdrawal: Credit and debit cards, bank transfer, electronic payment systems such as Neteller, Perfect Money, and Skrill
🚀 Minimum deposit: From $50 for retail clients, from $10,000 for professional clients
⚖️ Leverage: Up to 1:100 for professional clients, up to 1:2000 for retail traders
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: From 0.2 pips
🔧 Instruments: Currency pairs, CFDs on stocks, indices, commodities (oil, gold, silver, copper)
💹 Margin Call / Stop Out: Stop out: 20%/30%/50%
🏛 Liquidity provider: Not indicated
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market, buy limit, buy stop, sell limit, sell stop, trailing stop
⭐ Trading features: ECN accounts for currency pairs may incur additional commissions per trade
🎁 Contests and bonuses: Yes
Your capital is at risk.

Comparison of ZFX Broker with other Brokers

ZFX Broker RoboForex Exness FxPro Pocket Option Octa
Trading
platform
Zeal MT4 Desktop, Zeal MT4 Mobile MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MobileTrading, MT5, cTrader, FxPro Edge Pocket Option, MT5, MT4 MetaTrader4, MetaTrader5
Min deposit $50 $10 $10 $100 $5 $25
Leverage From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:1000
From 1:1
to 1:500
Trust management Yes No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.2 points From 0 points From 1 point From 0 points From 1.2 point From 0.6 points
Level of margin call
/ stop out
50%  /  20% 60%  /  40% No  /  60% 25%  /  20% 30%  /  50% 25%  /  15%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution Market Execution
No deposit bonus No No No No No No
Cent accounts Yes Yes No No No No

Broker comparison table of trading instruments

ZFX Broker RoboForex Exness FxPro Pocket Option Octa
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto No No Yes Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No Yes No No No No
Options No No No No No No

ZFX Broker Commissions & Fees

Information
To determine what trading fees ZFX charges its clients, the broker's trading conditions were analyzed by experts at the Traders Union. There is no fixed brokerage commission at ZFX, and the spread depends on the account type and currency pair. The tightest spreads (from 0.2 pips) are on ECN and Professional accounts. On the Standard STP trading account, spreads start from 1.3 pips, and on the Mini Trading Account, they start from 1.5 pips. Additional commissions may be charged for transactions on ECN accounts. Depositing and withdrawing funds are free of charge, but a commission may be charged by payment systems or the receiving bank.
Account type Spread (minimum value) Withdrawal commission
Mini Trading Account From $15 No
Standard STP Trading Account From $13 No
ECN Trading Account From $2 No
Professional Account From $2 No

There are swaps commissions (fees for transferring a position to the next day).
Below is a comparative table that shows the average commission for trading ZFX, RoboForex, and FxPro, and also the level of charges of each broker compared to its competitors.

Broker Average commission Level
ZFX Broker $8 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo ZFX Broker
$8
$1
$8.5

Detailed Review of ZFX

The ZFX brokerage is an STP and ECN intermediary which offers non-dealer executions, competitive spreads, and the full range of classic MetaTrader 4 features. The company is headquartered in London but has offices worldwide such as in Moscow, Abu Dhabi, Hong Kong, Bangkok, Taipei, Ho Chi Minh City, and Jakarta. ZFX has a relentless focus on finding the best prices in the institutional markets by using cutting-edge technology and guaranteeing clients transparent pricing.

The ZFX broker by the numbers:

  • Has provided online FX and CFD trading services for over 5 years.

  • Has 8 offices worldwide.

  • Offers more than 100 financial instruments for trading.

ZFX is a multi-purpose broker for FX and CFD trading

The company seeks to provide favorable trading conditions for beginners and professionals, private and institutional clients, and active traders and passive investors. Its clients can trade currency pairs (major, minor, and exotic) and CFDs on shares and indices. Transactions with CFDs on commodities, including oil and precious metals, are also available. The terminal provided by the ZFX broker supports not only market orders, but also trailing stop, buy limit, buy-stop, sell limit, and sell-stop indicators.

ZFX offers MetaTrader 4 desktop and mobile platforms that support a wide range of technical indicators, including charting, and one-click trading. Automated trading managed by expert advisors is also available. The broker does not provide web terminals, so its clients must download and install MT4 on a PC, laptop, or mobile device to start trading.

Useful services of ZFX:

  • Economic Calendar.

  • Financial news that is contextualized for the Forex market.

  • Current market overviews including analytics, daily forecasts, stock, Forex, gold, and oil market analysis.

Advantages:

1

Low margin rates for hedged positions.

2

Broker does not charge fees for deposits or withdrawals.

3

Only on its Mini Account and Standard STP Account are commissions charged against the spreads.

4

Retail traders can trade with leverage up to 1:2,000.

5

The company provides a powerful trading platform that processes an average of 50,000 orders per second.

6

The minimum deposit to start trading is $50.

All ZFX accounts are traded at the best bid and ask prices obtained from institutional liquidity providers.

How to Start Making Profits — Guide for Traders

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.

Bonuses Paid by the Broker

Refer Friends

A trader who has connected a new client may receive up to 20% of his spread as a bonus. Bonuses can be withdrawn only if you trade actively. In other words, each standard lot sold allows you to withdraw $10.

ZFX Bonuses — Refer Friends program
ZFX Bonuses — Refer Friends program

Investment Education Online

Information

The Zeal Capital Market (UK) website has no training because it is designed for professionals who have substantial experience in the Forex market. On the Zeal Capital Market (Seychelles) website, training is presented in the Academy and FAQs sections. The information in the Academy block is divided into three levels: Beginner, Intermediate and Advanced.

Information presented in the Academy Beginner section
Information not available on the ZFX website
Definition of financial markets
Psychology of trading
Explanation of Forex main concepts
Basics of Risk Management
Principles of Forex trading
 
Practical guides for trading currency pairs and CFDs
 
Introduction to MT4 trading platform
 
Tips for successful trading
 
Glossary of Forex terms
 
What is margin trading
 
Technical and Fundamental Analysis
 

The broker offers cent accounts that allow you to practice trading on the financial markets with minimal risk. Traders who don't want to risk their funds can practice on demo accounts.

Security (Protection for Investors)

Information

ZFX is the trade name of Zeal Capital Market (UK) Limited, which is authorized and regulated by the Financial Conduct Authority (FCA), under this FRN: 768451 number. It is registered in England and Wales under number 10219924 and is part of the Zeal Group holding company, which also includes Zeal Capital Market (Seychelles) Ltd, a division licensed by the Financial Services Authority of Seychelles (FSA) under number SD027.

The British branch of ZFX participates in the Financial Service Compensation Scheme (FSCS). According to its terms, in case of the broker's default and its liquidation each of its clients automatically receives compensation up to £85,000.

👍 Advantages

  • Client funds are segregated from ZFX corporate funds and deposited in separate accounts at very large banks
  • Professional traders are available for compensation under the FSCS scheme
  • The broker strictly fulfills the obligations spelled out in its legal contracts

👎 Disadvantages

  • It is not possible to withdraw funds from FCA-regulated accounts to cards and e-wallets

Withdrawal Options and Fees

  • To withdraw funds from ZFX, complete an application form in the MyZFX cabinet (personal account) on the company's website.

  • The request is considered even if you have open positions. If there is not enough money to cover the margin after you withdraw your remaining funds, the orders will be closed by Margin Call.

  • Before applying for a withdrawal, make sure that your verification has been completed and approved.

  • Withdrawal of funds for retail clients is carried out by bank transfer, bank card, and e-wallet. For professional traders, only by bank transfer. The broker credits the money within 24 hours after approval of the withdrawal request.

  • The minimum withdrawal amount is 15 USD; and no commission is charged. Funds can be converted to cryptocurrency during withdrawal.

Customer Support Service

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.

👍 Advantages

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

👎 Disadvantages

  • 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
Registration address 4 Lombard Street, London, EC3V 9HD
Regulation
Official site
Contacts
Your capital is at risk.

Review of the Personal Cabinet of ZFX

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

1

Visit the official ZFX website and at the top of any of its pages, click the “Open an account” button.

ZFX Review — Getting started
ZFX Review — Getting started
ZFX Review — Getting started
2

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.

ZFX Review — Filling in the registration form
ZFX Review — Filling in the registration form
3

Then go to your personal account and click MyZFX and provide your email address and password.

Learn more about ZFX — Login to My Account
Learn more about ZFX — Login to My Account
4

The following functions are available to the owner of a ZFX personal account:

1. Account opening:

ZFX Review — Opening a new trading account
ZFX Review — Opening a new trading account

2. Depositing and withdrawing funds:

ZFX Review — Depositing and withdrawing funds
ZFX Review — Depositing and withdrawing funds

1. Account opening:

ZFX Review — Opening a new trading account
ZFX Review — Opening a new trading account

2. Depositing and withdrawing funds:

ZFX Review — Depositing and withdrawing funds
ZFX Review — 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.

Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

User Reviews of ZFX Broker i

Register on the website and sign in to submit a review about your experience of working with a broker. Everyone is welcome to post a review.

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boks

When I started looking for an intelligent intermediary for trading in financial markets, an acquaintance recommended I try ZFX, and I found that everything is ok with the legal documents. It has licenses in the UK and Seychelles. You can deal with such a broker, so I'm using its platform for the second month. I earned some money, but I left most of it in circulation while I work to increase the account.

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Valentrader

I haven’t decided whether it is worth staying on the ZFX trading platform or looking for another option. The reliability of the management company is beyond doubt since it is controlled by the FCA, but there is also an offshore division. Those who use basic accounts have to work with it. So far, I have not observed any problems with payment discipline. The execution of transactions is fast and there are no bugs in the terminal. To receive passive income, I joined its affiliate network. The company provides all the necessary promotions to promote the offer.

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donaldnow382766

I leave my negative review about ZFX Broker, because I think that the support is not famous for its competence and respect for traders. Unfortunately, there are no benefits. The disadvantages are serious: platform freezing, high commissions. One time was enough for me to make a decision - never to cooperate with ZFX Broker.

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myrtledc60

The unscrupulous work of the broker ZFX Broker, which is engaged in fraud. On their platform, my trades were lost and they refused to pay me my winnings. Also, they do not respond to my inquiries or provide me with any explanation. I do not recommend working with ZFX Broker, this is a bad choice for any trader who wants to make money in the Forex market.

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Rooberttmitle

Let me tell you my sad story of trading with ZFX Broker. I opened an account and deposited about $1,000. The company seemed stable and there were many positive reviews. But one day I couldn’t access my account. I wrote to technical support for almost a week demanding that access to my personal account be restored, then it took a week for the access to be restored. When I was able to log into my account, there was $20 in my account. They opened trades without me and lost my deposit. ZFX Broker refuses to pay any damages.

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Alhabibi

After working with ZFXBroker for some time, I got tired of constantly counting my losses. Both user account and deposits and withdrawals at ZFXBroker cause inconvenience and constant difficulties. My last withdrawal request remains unanswered and I continue to wait, but every day my hopes are decreasing. Thus, my experience with ZFXBroker leaves the impression of complete unreliability.

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rehmancareer

I can’t give ZFX Broker a high score. I argued with technical support more than once, and I memorized the regulations so that I knew all my rights. I will say that there are a lot of things in the regulations that can put the client in an uncomfortable position. And I think that ZFX Broker, when compared with others, is not in the top of traders’ trust. And this is understandable.

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FAQs

Do reviews by traders influence the ZFX Broker rating?

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

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

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

Anyone can leave feedback about ZFX Broker 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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