zForex is a well-established broker since 2022. zForex has a headquarter in . zForex to provide their Forex/CFD trading services to over 4 million clients.
Company Information
🌐 Website
zforex.com
⌛ Year Established
2022
Features
🕋 Islamic accounts available
Account Information
Apart from the forex demo account, this broker offers ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by zForex is up to 1:1000. Meanwhile, you can open an account with a starting capital of $10.
Min Deposit
$10
Max Leverage
1:1000
Spread
Fixed
Commission
$3
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $10
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
Instruments Traded
Besides lots of currency pair, zForex also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for ECN account, zForex specifically provides it with the following instruments and leverage:
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.
zForex also provides payment with Crypto, Tether (USDT), Litecoin, Ethereum and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, zForex offers you MetaTrader 5.
Customer Support
Do you have any question or find any trouble related to zForex? If you do, you should reach zForex's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
FAQ About zForex
Is zForex a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if zForex is a good broker for you or not by reviewing the criteria. In general, zForex provides trading service in Forex , Gold & silver , CFD and Crypto . As for the payment methods, you can choose between Crypto, Credit/debit cards, Ethereum, Litecoin, Tether (USDT), WebMoney and Wire transfer. The customer support is available via .
What is the minimum deposit for zForex?
The starting capital in zForex is $10.
Is zForex regulated?
zForex is regulated by None. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is zForex legit?
zForex is a brokerage company offering trading services for clients since 2022 with offices in .
