ZFX	Basic Information
Registered Country/Region	London, UK
Founded in	2010
Regulations	FCA, FSA (Offshore)
Tradable Assets	33 forex, 10 indices, 8 commodities, 2 bullion, 35 shares
Demo Account	Available
Leverage	Up to 1:2000
Spreads	From 1.3 pips (Std)
Trading Platforms	MT4, ZFX Mobile App
Minimum Deposit	$50
Payment Methods	Credit/debit cards, bank transfer, e-wallets
Education	A to Z Academy, Help Center, Glossary
Customer Support	24/7 live chat, online messaging, email: CS@ZFX.COM

What is ZFX？

Zeal Group of Companies, often referred to collectively as the Zeal Group, is a conglomerate of fintech corporations and regulated financial institutions that trade under the name ZFX. The group specializes in providing liquidity solutions for various types of assets in regulated markets and is backed by exclusive technology. Furthermore, the Zeal Group operates globally, indicating a considerable presence in several major global locations. This global reach, combined with their multi-asset specializations and regulatory frameworks, solidifies their position as a competitive player in the financial industry.

Pros and Cons

ZFX is a broker that offers several advantages and disadvantages to traders.

Pros	Cons
• Regulated by the FCA	• Limited range of trading instruments
• Multiple account types available	• No cryptocurrency trading
• Demo accounts available	• No MT5 platform available
• Low minimum deposit requirement for the Mini Trading Account	• Limited market analysis and insights
• Wide range of funding options	• No Islamic account option for Muslim traders
• MT4 and proprietary trading platform supported
• Copy trading available
• 24/7 multi-channel support

On the positive side, ZFX is a regulated broker, providing traders with demo accounts option, which is beneficial for beginner traders who want to practice their trading strategies before trading with real money. In addition, ZFX offers competitive trading conditions and low minimum deposit requirement through the popular MetaTrader4 trading platform.

On the negative side, the available trading instruments is limited, and no MT5 platform, as well as no Islamic account option for Muslim traders.

Is ZFX legit or a scam？

ZFX is a regulated broker. Its company name is Zeal Capital Market (UK) Limited, and it is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the registration No. 768451. The FCA is one of the most reputable regulatory bodies in the world, and its strict regulations ensure that ZFX adheres to high standards of transparency and fairness.

ZFX's other entity, Zeal Capital Market (Seychelles) Limited, is authorized and offshore regulated by the Seychelles Financial Services Authority (FSA) under regulatory license number: SD027.

Additionally, ZFX ensures the safety of its clients' funds by keeping them fully segregated in a designated client bank account. This means that the clients' funds are kept separate from ZFX's operating funds. In the event that the company faces financial difficulties or becomes insolvent, the funds in these client accounts cannot be used to meet the liabilities of the company. This measure provides an added layer of security for ZFX clients, ensuring their capital cannot be used for any other purposes aside from their trading activities.

Market Intruments

ZFX is a forex and CFD broker that offers a wide range of trading instruments to its clients. The broker offers 100+ tradable assets, including 33 forex, 10 indices, 8 commodities, 2 bullion, and 35 shares. While the broker does not offer cryptocurrencies, it does provide a substantial number of instruments in other categories, which traders can take advantage of.

ZFX's platform allows traders to trade the most popular and liquid assets in the market, including popular forex pairs like EUR/USD and USD/JPY, as well as commodities such as gold and oil. This allows traders to take advantage of different market conditions and adjust their trading strategies to suit the market environment.

Pros	Cons
• Wide range of trading instruments including forex, metals, indices, and commodities	• No cryptocurrency trading options
• Availability of MT4 trading platform	• Limited number of trading instruments compared to some other brokers
• Access to multiple liquidity providers
• Commission-free trading on most instruments

Account Types

Apart from demo accounts, ZFX offers three types of trading accounts, namely Mini Trading, Standard Trading, and ECN Trading accounts. Each account has its own unique features and advantages, catering to different levels of traders with varying trading styles and preferences.

• Mini Trading Account: The Mini Trading account is designed for beginner traders who are new to the forex market. It requires a minimum deposit of $50 and offers the minimum FX spreads starting from 1.5 pips. The leverage is up to 1:2000, and the minimum trading size is 0.1 lots.

• Standard Trading Account: The Standard Trading account is designed for experienced traders who require a more comprehensive trading environment. It requires a minimum deposit of $200 and offers floating spreads starting from 1.3 pips. The leverage is up to 1:500, and the minimum trading size is 0.01 lots.

• ECN Trading Account: The ECN Trading account is designed for professional traders who require direct access to liquidity providers. It requires a minimum deposit of $1000 and offers spreads starting from 0.2 pips (commission may apply). The leverage is up to 1:500, and the minimum trading size is 0.01 lots.

Pros	Cons
• Variety of account types to choose from	• Limited features in the Mini account
• Low minimum deposit requirement for the Mini account	• High minimum deposit requirement for the ECN account
• Access to high leverage for all account types	• No Islamic account option available

How to Open an Account？

Opening an account with ZFX is a simple and straightforward process that can be completed in just a few steps.

• First, navigate to the ZFX website and click on the “Open Account” button.

• You will then be prompted to fill out a registration form with your personal information, including your name, email address, phone number, and country of residence.

• Next, you will need to choose the account type that best suits your needs, whether it be a Mini Trading, Standard Trading, or ECN Trading account. Each account type has its own minimum deposit requirement, so be sure to check the details carefully before making your selection.

• Once you have completed the registration form and selected your account type, you will need to provide some additional documentation to verify your identity and address.This typically includes a copy of your passport or national ID card, as well as a recent utility bill or bank statement. Once your account has been approved, you will be able to fund it and start trading in the financial markets.

Leverage

The maximum leverage offered by ZFX is up to 1:2000 and the leverage amount may vary depending on the account type and trading instrument. Additionally, ZFX operates on a tiered margin system, where the leverage is determined based on account equity. For accounts with equity between $0 and $3,000, the maximum leverage is 1:2000. For equity between $3,001 and $10,000, the maximum leverage is 1:1000.

Please note that high leverage carries a high level of risk, as it amplifies both potential profits and losses. Traders should carefully consider their risk tolerance and financial situation before utilizing high leverage ratios. ZFX also provides negative balance protection to help mitigate the risk of account balances falling below zero.

Spreads & Commissions

ZFX says it offers competitive spreads and commissions on its trading instruments, which vary depending on the account type and market conditions. The broker operates on a variable spread model, meaning that the spread can widen or narrow based on the volatility of the markets.

Account Type	Spreads	Commissions
Mini Trading	From 1.5 pips	N/A
Standard Trading	From 1.3 pips
ECN Trading	From 0.2 pips

For the Mini Trading account, the minimum spread for forex pairs is 1.5 pips. The Standard Trading account has a minimum spread of 1.3 pips for forex pairs. The ECN Trading account has a minimum spread of 0.2 pips for forex pairs. However, no specific info on commissions is revealed openly.

Trading Platforms

ZFX offers the popular trading platform MetaTrader 4 (MT4), which is widely recognized in the forex industry for its user-friendly interface and advanced trading tools. MT4 provides access to various order types, technical analysis tools, and customization options, making it suitable for both novice and experienced traders. In addition, ZFX offers mobile versions of the MT4 platform for both iOS and Android devices, enabling traders to access the markets from anywhere, at any time.

ZFX also provides a mobile application for its clients, ensuring they can trade on the go. This ZFX Mobile App offers access to all the major features of the trading platform and enables clients to manage their portfolio, place trades, and monitor the markets from their mobile device.

The mobile app can be a valuable tool for traders who need the flexibility to trade anywhere and anytime, while still having access to key functionalities of the platform. Before using the app, make sure it is downloaded from an official source like the App Store or Google Play to ensure security and authenticity.

Copy Trade

ZFX offers a Copy Trade feature, which is great news for both beginner and busy traders. Copy trading, also known as social trading, allows traders to automatically copy the trades of experienced and successful traders. This can help beginners to learn trading strategies from experienced traders, and help busy traders to automate their trading. By using the Copy Trade feature, you can potentially increase your chances of making profitable trades.

Remember, however, that while copy trading can increase potential profits, it also carries all the usual risks of trading, including potential losses. So, it's important to select a reliable trader to follow and to monitor your trades.

Deposit & Withdrawal

ZFX offers a variety of deposit and withdrawal options to their clients. Deposits can be made using bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and Perfect Money. The minimum deposit amount is $50 for Mini and Standard Trading accounts, and $500 for ECN Trading accounts.

Withdrawals can be made using the same methods used for deposits, with the exception of credit cards. ZFX does not allow withdrawals to credit cards due to the limitations imposed by card issuers. The minimum withdrawal amount is $10 for e-wallets and $100 for bank transfers. Withdrawals are typically processed within 24 hours, but the time it takes for the funds to reach the client's account may vary depending on the withdrawal method and the client's bank.

ZFX does not charge any fees for deposits and withdrawals, but third-party fees such as bank wire transfer fees may apply.

Pros	Cons
• Supports multiple deposit and withdrawal methods	• Limited number of supported currencies for deposits and withdrawals
• Fast and efficient withdrawal processing time	• Deposit and withdrawal processing times may vary depending on the chosen method and location of the trader
• No deposit/withdrawal fees
• User-friendly deposit and withdrawal interface through the ZFX client portal

Education

ZFX is committed to providing its clients with comprehensive educational resources to better equip them for the trading journey. ZFX also provides demo accounts for new traders to practice trading without risking real money.

The broker's A to Z Academy offers a wide range of educational content designed to cater to traders of all skill levels. This includes everything from basic introductory materials for beginners to more advanced topics for seasoned traders.

Besides, ZFX's Help Center serves as a knowledge hub, addressing common queries and offering technical assistance on a variety of trading-related aspects.

Moreover, ZFXs Glossary helps traders get acquainted with key trading terms and jargon, ensuring they can confidently navigate the lingo-filled world of financial markets.

These educational resources signify ZFX's commitment to supporting its clients' continual learning and progress in the trading domain.

Pros	Cons
• Comprehensive educational resources	• No live trading sessions or mentorship
• Demo account for practice
• Suitable for traders of different levels

Customer Support

ZFX offers customer support through several channels, including live chat, online messaging, and email: CS@ZFX.COM. The support team is available 24/7 to assist traders with any issues they may encounter.

In addition, the broker provides an extensive FAQ section on their website, which covers a range of topics, including account opening, funding, and trading.

ZFX 's customer support is available in multiple languages, including English, Chinese, Thai, Vietnamese, Indonesian, and more. This is particularly useful for traders who are not fluent in English and prefer to communicate in their native language.

Pros	Cons
• 24/7 customer support	• No physical office in some countries, which may make it difficult for some traders to reach the company
• Multiple channels for support
• Multilingual support
• An FAQ section on the website

Conclusion

Overall, ZFX is a reputable option for traders looking to access the financial markets. The broker's maximum trading leverage of 1:2000, based on account equity, is one of the highest in the industry and can provide traders with significant opportunities for profit. Additionally, competitive spreads, and free deposits and withdrawals, and a choice of popular MT4 trading platforms further strengthen ZFX's position as a reliable broker.

Frequently Asked Questions (FAQs)

Q 1:	Is ZFX regulated？
A 1:	Yes. It is regulated by FCA and FSA (Offshore).

Q 2:	At ZFX, are there any regional restrictions for traders？
A 2:	Yes. It does not provide services for residents of certain countries such as the United States of America, Canada, Egypt, Iran and North Korea (Democratic People's Republic of Korea)。

Q 3:	Does ZFX demo accounts？
A 3:	Yes.

Q 4:	Does ZFX offer industry leading MT4 & MT5？
A 4:	Yes. It supports MT4 and ZFX Mobile App.

Q 5:	What is the minimum deposit for ZFX？
A 5:	$50 for the Mini Trading account, while higher for other account types.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

RockGlobal	Basic Information
Registered Country/Region	New Zealand
Regulations	FMA
Tradable Assets	Forex, Metals&Commodities, Indices, Cryptocurrencies
Account Types	Standard Account, ECN ccount
Minimum Deposit	$50
Maximum Leverage	500:1
Minimum spread	from 0.0 pips
Deposit & Withdrawal	Local Bank, Credit/Debit Cards, E-Wallets, Bankwire, Cryptocurrency
Trading Platforms	MetaTrader 4
Customer Support	Phone, Email, Live chat
Education Resources	Economic Calendar, Trading Calculator, Forex Basics, News

Overview of RockGlobal

RockGlobal is a legitimate online trading platform registered in New Zealand (certificate number 509766) and offers its services to a diverse range of traders. With a wide selection of market instruments including 140+ currency pairs, stock indices, commodities, precious metals, and cryptocurrencies, RockGlobal allows traders to access multiple markets and diversify their portfolios. The platform provides two account types: the Standard Account with spreads starting from 1.0 pip and no commission fees, and the ECN Account with even tighter spreads from 0.0 pip and a $5 commission per standard lot traded. Traders can leverage their positions up to 500:1, amplifying potential profits but requiring responsible risk management. RockGlobal utilizes the popular MetaTrader 4 (MT4) platform, known for its advanced features and user-friendly interface, offering real-time market quotes, fast order execution, and customizable trading strategies. The platform also provides dedicated customer support available 24/7 via phone, email, and live chat. However, it is important to note the lack of deposit and withdrawal information on the website, commission fees for the ECN Account, minimum deposit requirements of $50 for the Standard Account and $500 for the ECN Account, the risk of trading with high leverage, and the limited educational resources provided. Traders are advised to exercise caution and seek additional information when considering RockGlobal as their trading platform.

Is RockGlobal legit or a scam？

Yes, RockGlobal is registered in New Zealand and has obtained a certificate authorized by the Financial Markets Authority with certificate number 509766. However, investors are still advised to exercise caution when making investments.

Market Intruments

RockGlobal offers a comprehensive range of market instruments to cater to the diverse trading preferences of its clients. The platform provides access to an extensive selection of financial assets, including:

1. Forex: RockGlobal offers a wide range of currency pairs for forex trading. Traders can choose from over 140 currency pairs, including major, minor, and exotic pairs. This allows investors to participate in the global forex market and capitalize on currency fluctuations.

2. Metals & Commodities: The platform provides trading opportunities in precious metals and commodities. Traders can access popular metals like gold, silver, platinum, and palladium. Additionally, RockGlobal offers trading in various commodities, such as oil, natural gas, and agricultural products. Trading metals and commodities enables investors to diversify their portfolios and potentially benefit from price movements in these markets.

3. Indices: RockGlobal allows traders to trade a wide range of stock indices from around the world. Popular indices such as the S&P 500, NASDAQ, FTSE 100, and DAX are available for trading. By trading indices, investors can speculate on the overall performance of stock markets and take advantage of market trends.

4. Cryptocurrencies: RockGlobal offers trading in a range of cryptocurrencies. Traders can access popular digital currencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). Trading cryptocurrencies provides investors with opportunities to capitalize on the volatility and potential price movements in the crypto market.

With its broad selection of market instruments, including 140+ currency pairs, stock indices, commodities, precious metals, and crypto CFDs, RockGlobal ensures that traders have access to diverse trading opportunities across different financial markets.

Pros and Cons

RockGlobal offers a diverse range of market instruments, competitive spreads, and high leverage of up to 500:1. With the popular MT4 platform and dedicated customer support, traders have access to advanced tools and assistance. However, the lack of deposit and withdrawal information, the risk of high leverage, and limited educational resources should be taken into consideration.

Pros	Cons
Diverse Market Instruments	Lack of Deposit and Withdrawal Information
Competitive Spreads	Risk of Trading with High Leverage
High Leverage	Limited Educational Resources
MetaTrader 4 (MT4) Platform
Dedicated Customer Support

Account Types

RockGlobal offers two different types of trading accounts to suit the needs of different traders:

1. Standard Account:

• Spreads: The Standard Account offers spreads starting from 1.0 pip. Traders can benefit from tight spreads, which can enhance their trading profitability.

• Commission: There is no commission charged on trades conducted through the Standard Account. This means that traders can focus on their trading strategies without incurring additional transaction costs.

• Minimum Deposit: The minimum initial deposit required to open a Standard Account is $50. This allows traders with different budget sizes to start trading with RockGlobal.

• Maximum Leverage: The Standard Account provides a maximum leverage of 500:1. This allows traders to control larger positions in the market with a smaller capital investment. However, it's important to use leverage responsibly and manage risk effectively.

1. ECN Account:

• Spreads: The ECN Account offers competitive spreads starting from 0.0 pip. Traders can benefit from the tightest possible spreads, leading to potentially lower trading costs.

• Commission: Trades conducted through the ECN Account are subject to a commission of $5 per standard lot. This transparent fee structure ensures that traders have full visibility of the costs associated with their trades.

• Minimum Deposit: The minimum initial deposit required to open an ECN Account is $500. This account type is suitable for traders who are ready to commit a higher amount of capital to their trading activities.

• Maximum Leverage: The ECN Account also provides a maximum leverage of 500:1, allowing traders to maximize their trading potential while managing their risk exposure effectively.

Both account types offered by RockGlobal provide traders with access to a high leverage ratio of 500:1, enabling them to control larger positions in the market. The choice between the Standard Account and the ECN Account depends on individual trading preferences and capital requirements.

How to open an account？

Opening an account with RockGlobal involves the following steps:

1. Register an Account: Visit the RockGlobal website and click on the “Register” or “Open Account” button. Provide the required personal information, including your full name, email address, phone number, and country of residence. Create a username and password for your account.

   

2. Identity Verification: Complete the identity verification process. This usually involves submitting the required documents, such as a valid passport or government-issued ID, proof of address (utility bill or bank statement), and any additional documentation requested by RockGlobal. The verification process is essential to ensure compliance with regulatory requirements and to maintain the security and integrity of the trading platform.

3. Deposit Funds: Once your account is registered and verified, you can proceed to deposit funds into your trading account. RockGlobal typically offers multiple deposit methods, including bank wire transfer, credit/debit card, and electronic payment systems. Choose the most convenient method for you and follow the instructions provided by RockGlobal to complete the deposit process. The minimum deposit amount for the Standard Account is $50, while the ECN Account requires a minimum deposit of $500.

4. Start Trading: After your account is funded, you can start trading. Download and install the trading platform provided by RockGlobal, such as MetaTrader 4 (MT4) or a proprietary platform. Use your account login credentials to access the platform. Familiarize yourself with the platform's features, including charting tools, order types, and risk management options. Select the desired financial instruments from the available markets, such as forex, metals, commodities, indices, or cryptocurrencies, and execute your trades according to your trading strategy.

Please note that the account opening process and specific requirements may vary slightly depending on the jurisdiction and regulatory framework. It is recommended to refer to the official RockGlobal website or contact their customer support for the most up-to-date and accurate information regarding the account opening process.

Leverage

RockGlobal provides a maximum leverage of 500:1, allowing traders to amplify their potential profits or losses by up to 500 times their initial investment. This high leverage offers the opportunity to trade larger positions in the market with a relatively smaller amount of capital. However, it is essential for traders to exercise responsible risk management and fully understand the implications of trading with high leverage.

Spreads & Commissions (Trading Fees)

In the Standard Account, the spreads start from as low as 1.0 pip, providing traders with favorable pricing. This account type does not charge any commissions on trades. On the other hand, the ECN Account offers even tighter spreads starting from 0.0 pips, ensuring competitive pricing for traders. However, this account type does have a commission fee of $5 per standard lot traded. These options cater to different trading preferences, allowing traders to choose the account type that best suits their needs.

Trading Platform

RockGlobal utilizes the popular MetaTrader 4 (MT4) trading platform. MT4 is known for its advanced features and user-friendly interface, providing traders with a seamless and efficient trading experience. With MT4, traders have access to a wide range of tools and functionalities, including advanced charting capabilities, multiple timeframes, technical indicators, and customizable trading strategies. The platform also supports automated trading through expert advisors (EAs), allowing for the execution of trades based on pre-set conditions. With real-time market quotes, fast order execution, and comprehensive analysis tools, MT4 on RockGlobal ensures a powerful and flexible trading environment.

Deposit & Withdrawal

RockGlobal's official website does not provide information about specific deposit and withdrawal methods. However, typically, brokers of similar nature allow various deposit and withdrawal options, including Credit/Debit Cards, E-Wallets, Bank Wire transfers, and Cryptocurrencies. It is important to note that the minimum deposit requirement for RockGlobal is $50. Traders interested in opening an account with RockGlobal are advised to contact their customer support or account manager for detailed information regarding the available deposit and withdrawal methods.

Customer Support

RockGlobal values its customers and provides excellent customer support services. Their dedicated staff is available 24/7 to assist traders in any way possible. Whether you have questions about your account, technical issues, or need guidance with trading-related inquiries, RockGlobal's customer support team is ready to provide prompt and helpful assistance.

You can reach out to the customer support team via various channels, including phone, email, and live chat. They understand the importance of timely communication and strive to ensure that your queries are addressed promptly and effectively. Additionally, RockGlobal offers live chat support on social media platforms like Facebook, further enhancing accessibility and convenience for their clients. Rest assured that RockGlobal is committed to delivering a high standard of customer support to ensure a smooth and satisfactory trading experience.

Educational Resources

RockGlobal offers a range of educational resources to support traders in their trading journey. These resources include an economic calendar, which provides timely information about upcoming news events that can impact market conditions. By staying informed about these events, traders can make better-informed decisions based on fundamental analysis.

The trading calculator is another valuable tool provided by RockGlobal, enabling traders to calculate important trading parameters such as point value, spread cost, and estimate potential profits and losses. This calculator assists traders in managing risk and optimizing their trading strategies.

RockGlobal also offers educational materials on Forex Basics, providing traders with essential knowledge about the foreign exchange market. Understanding the fundamentals of forex trading, including currency pairs, market dynamics, and trading principles, can help traders navigate the market more effectively.

Additionally, RockGlobal's professional market analysis team provides up-to-date news coverage, allowing traders to stay ahead of the curve and identify potential trading opportunities before others. This access to timely news and market analysis enhances traders' decision-making process and helps them stay informed about global events impacting financial markets.

Conclusion

RockGlobal, registered in New Zealand, offers a wide range of market instruments including 140+ currency pairs, stock indices, commodities, precious metals, and cryptocurrencies. With competitive spreads, high leverage of up to 500:1, and the popular MT4 platform, traders have diverse trading opportunities and access to advanced tools. However, the lack of deposit and withdrawal information, commission fees for the ECN Account, minimum deposit requirements, and the need for responsible use of high leverage should be considered. Additionally, while dedicated customer support is provided, there may be limited educational resources.

FAQs

Q: Is RockGlobal a regulated broker？

A: Yes, RockGlobal is a regulated broker. It is authorized and regulated by the Financial Markets Authority with certificate number 509766.

Q: What trading instruments are available at RockGlobal？

A: RockGlobal offers a wide range of trading instruments, including 140+ currency pairs, stock indices, commodities, precious metals, and cryptocurrencies.

Q: What trading platforms does RockGlobal offer？

A: RockGlobal offers MetaTrader 4 trading platform.

Q: Does RockGlobal offer educational resources for traders？

A: Yes, RockGlobal offers a range of educational resources for traders, including Economic Calendar, Trading Calculator, Forex Basics, News.

Q: What is the minimum deposit required to open an account with RockGlobal？

A: The minimum deposit required to open an account with RockGlobal is $50.

Q: Does RockGlobal offer any bonuses or promotions？

A: Yes, RockGlobal offers trading with a 20% credit bonus and an additional 10% bonus on subsequent deposits.

Q: What is the maximum leverage offered by RockGlobal？

A: The maximum leverage offered by RockGlobal is 1:500.