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The WikiFX Score of this broker is reduced because of too many complaints!


Saint Vincent and the Grenadines|5-10 years|
Investment Advisory License|MT4 Full License|Australia Appointed Representative(AR) Revoked|Suspicious Overrun|High potential risk|


Rating Index

MT4/5 Identification


Full License


United States



Influence index NO.1

Brazil 7.62
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

Server Name
ZeroMarkets-Demo-1 MT4
Server Location United States




Influence index NO.1

Brazil 7.62

Surpassed 86.97% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index


+61 (0)2 7908 3133
First St Vincent Bank Ltd Building, James Street,Kingstown, Saint Vincent’s and the Grenadines


VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



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Contact number


+61 (0)2 7908 3133


+44 800 917 4388

Broker Information


Company Name


Company Abbreviation


Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away! 4
Previous Detection : 2024-06-20
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • AustraliaASIC (license number: 001273819) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 244040)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

Danger A Visit to ZERO MARKETS in Australia -- Finding No Office

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Mkt. Analysis

ZERO MARKETS · Company Summary

Aspect Information
Registered Country/Area Saint Vincent and the Grenadines
Founded Year Unspecified
Regulation Unregulated
Minimum Deposit $100
Maximum Leverage Up to 1:500
Spreads From 0.0 pips
Trading Platforms MT4 & MT5
Tradable Assets Forex currency pairs, commodities, indices, cryptocurrencies, stocks, and more
Account Types Standard, Super Zero
Demo Account Available
Islamic Account Available
Customer Support Email, Phone and Live Chat
Payment Methods Neteller, Skrill, online banking, Finrax, Interac, Sticpay, Ebuy, Pagsmile, Epay, Cryptopay Plus, and Skrill Latam
Educational Tools Aavailable

General Information

Zero Markets is a broker offering access to global markets. It is a group of companies which include Zero Financial Pty Ltd and Zero Markets LLC. Zero Financial Pty Ltd (ZERO Markets, ABN 72 623 051 641) is an Authorized Representative (No. 001273819) of First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFSL 286354). Zero Markets LLC is a registered company of St. Vincent and the Grenadines, Limited Liability Number 503 LLC 2020.

ZERO MARKETS is a forex broker that has been providing trading services for several years, although the exact founding year is not disclosed. It's important to note that this broker operates without regulation from any recognized financial authority. The minimum deposit requirement is $100, potential clients have the flexibility to start trading with an amount that suits their preferences.

The maximum leverage offered by ZERO MARKETS is an impressive 1:500, enabling traders to magnify their trading positions. Traders can access the highly regarded MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, renowned for its comprehensive features and tools. ZERO MARKETS offers a diverse range of tradable assets, including major and minor currency pairs, commodities, indices, cryptocurrencies, and stocks.

Additionally, ZERO MARKETS offers Islamic accounts for clients who adhere to Islamic principles. Customer support is 24/5 available through email and live chat, ensuring prompt assistance for any inquiries or concerns


Is ZERO MARKETS legit or a scam?

ZERO MARKETS operates as an unregulated broker, meaning it is not subject to oversight by any financial regulatory authority. It's important to note that the lack of regulation raises certain concerns regarding the level of security and investor protection offered by the broker. Regulation plays a crucial role in ensuring transparency, fair practices, and adherence to strict financial standards. Regulated brokers are often required to maintain segregated client accounts, provide regular financial reporting, and comply with anti-money laundering (AML) and Know Your Customer (KYC) regulations. Without regulatory oversight, investors may face increased risks, such as potential fraudulent activities or inadequate client fund protection.

Pros and Cons

ZERO MARKETS offers several advantages to traders. One of the main benefits is the high leverage of up to 1:500, which allows traders to magnify their potential profits. The broker also provides a wide range of tradable assets, including forex currency pairs, commodities, indices, cryptocurrencies, shares, and ETFs, giving traders diverse opportunities in the financial markets. Additionally, ZERO MARKETS offers Islamic accounts for clients who follow Sharia principles and require swap-free trading. However, it is important to consider some drawbacks as well. This broker is not regulated by any authorities, no 7/24 customer support available.

Pros Cons
High leverage of up to 1:500 No regulation
Diverse range of tradable assets Withdrawal Fees
Availability of Islamic accounts No 24/7 customer support
User-friendly MT4 & MT5 trading platform
Multiple payment options
Educational rresources
Demo accounts available

Market Instruments

ZERO MARKETS provides a wide range of market instruments to cater to the diverse trading preferences of its clients. One of the primary offerings is the forex market, where traders can engage in currency trading. This includes major currency pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic currency pairs.

In addition to forex, ZERO MARKETS offers commodities trading, allowing traders to participate in the global commodity markets. This includes popular commodities such as gold, silver, crude oil, natural gas, and agricultural products. Traders can take advantage of price movements in these markets to potentially generate profits.

Metals trading is also available through ZERO MARKETS, enabling traders to trade precious metals like gold and silver. These metals are often sought after as safe-haven assets and can provide diversification in investment portfolios.

For those interested in stock market trading, ZERO MARKETS offers a selection of indices. Traders can speculate on the performance of global stock market indices such as the S&P 500, Dow Jones Industrial Average, FTSE 100, and Nikkei 225, among others. This allows traders to take positions on the overall performance of major stock markets.

ZERO MARKETS also provides the opportunity to trade share CFDs (Contracts for Difference). This means that traders can speculate on the price movements of individual company shares without owning the underlying assets. It provides a flexible way to trade shares of popular companies from various sectors.

Crypto enthusiasts can take advantage of ZERO MARKETS' cryptocurrency trading offerings. Traders can access a range of popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin. The volatile nature of the cryptocurrency market can present unique trading opportunities for those seeking exposure to digital assets.

Lastly, ZERO MARKETS offers ETF (Exchange-Traded Fund) trading, providing access to a variety of ETFs. These investment vehicles allow traders to gain exposure to specific market sectors or indices, offering diversification and flexibility in their trading strategies.


Accounts Types

ZERO MARKETS provides different account types to cater to the diverse needs of traders.

The Standard account requires a minimum deposit of $100, providing traders with access to a wide range of financial instruments and trading opportunities. This account type offers standard trading conditions, allowing traders to execute trades with competitive spreads and leverage up to 1:400. Traders utilizing the Standard account can also benefit from the availability of an Islamic account, which adheres to the principles of Sharia law.


For those seeking tighter spreads and lower trading costs, the Super Zero account is available. With a minimum deposit requirement of $100, this account type offers traders the advantage of zero spreads on certain instruments. This means that traders can benefit from direct market pricing and reduced trading costs. Similar to the Standard account, the Super Zero account also offers an Islamic account option for traders who follow Islamic principles.


Both the Standard and Super Zero accounts provide traders with access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. This user-friendly platform offers advanced charting tools, real-time market data, and a wide range of technical indicators to support traders in making informed trading decisions. Additionally, the MT4 platform is known for its stability and reliability, ensuring a seamless trading experience.

How to open an account?

Opening an account with ZERO MARKETS is a straightforward process.

  1. To get started, you will need to visit the broker's website and click on the “Open Account” button


2. This will lead you to a registration form where you will be required to provide your personal details, including your name, email address, and phone number. Additionally, you will need to choose a password for your account.


4. Once you have completed the registration form, you may be asked to verify your email address by clicking on a confirmation link sent to your inbox. After confirming your email, you will be redirected to the account verification process.

5. During the account verification process, you will need to provide supporting documents to verify your identity and address. This typically includes a valid government-issued ID (such as a passport or driver's license) and a recent utility bill or bank statement that shows your name and address.

6. After submitting the necessary documents, ZERO MARKETS will review your application and verify your account. Once your account is approved, you will receive login credentials to access the trading platform.

It's important to note that the specific steps and requirements for account opening may vary, so it's advisable to refer to the broker's official website or contact their customer support for the most accurate and up-to-date information.


ZERO MARKETS provides its clients with trading leverage of up to 1:500. This means that traders can control a larger position in the market with a smaller amount of their own capital. The high leverage offered by ZERO MARKETS allows traders to potentially amplify their profits, but it also increases the risk involved in trading. It is important for traders to carefully consider their risk tolerance and use leverage responsibly when engaging in trading activities with ZERO MARKETS.

Spreads & Commissions

ZERO MARKETS offers a range of spread and commission options to accommodate different trading preferences. The standard account provides a commission-free trading environment, where traders can execute trades without incurring additional fees. The spreads for this account start from 1 pip.

For traders seeking even tighter spreads, ZERO MARKETS offers the Super Zero account, which features spreads as low as 0 pips. However, it's important to note that the Super Zero account carries a commission charge starting from $2.50 per side. This commission fee is applied to cover the cost of trade execution.


When trading Share CFDs, the commission structure is variable, meaning that the commission rates may vary depending on the specific share being traded. This ensures that traders are charged based on the specific instrument's requirements.

Non-Trading Fees

ZERO MARKETS imposes certain non-trading fees that traders should be aware of. These fees are not directly related to trading activities but are associated with specific services or actions. While the exact details and amounts of these fees may vary, it is important to understand their potential impact on your overall trading experience.

One common non-trading fee that ZERO MARKETS may charge is related to deposits and withdrawals. Depending on the payment method chosen, there may be fees associated with depositing funds into your trading account or withdrawing funds from it. These fees can vary based on the specific payment provider and the currency involved.

Another non-trading fee to consider is the inactivity fee. If your trading account remains dormant or inactive for an extended period, ZERO MARKETS may charge an inactivity fee. This fee is intended to cover the costs associated with maintaining your account while it is not being actively used for trading.

ZERO MARKETS also applies swap rates, also known as overnight fees or rollover fees, which are associated with holding positions overnight. Swap rates are determined by the interest rate differential between the two currencies involved in a Forex trade. If a trader holds a position past the daily cut-off time, a swap rate may be applied to account for the interest accrued or paid during the rollover period.


Trading Platform

ZERO MARKETS provides traders with a versatile and comprehensive trading platform. Traders have the option to choose between two popular platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available for Windows, iOS, macOS, Android, and also have a web-based version, offering flexibility and accessibility across various devices.

The MT4 and MT5 platforms offered by ZERO MARKETS are renowned for their advanced features and user-friendly interfaces. Traders can access real-time market data, execute trades, analyze charts, and utilize a wide range of technical indicators and tools to support their trading decisions. The platforms provide a seamless trading experience, allowing traders to monitor the markets, manage their positions, and execute trades with speed and precision.

Whether traders prefer to use their desktop computers, mobile devices, or web browsers, ZERO MARKETS ensures compatibility and functionality across all platforms. This flexibility allows traders to stay connected to the markets and manage their trades conveniently from anywhere at any time.

With the MT4 and MT5 platforms, traders can access a diverse range of financial instruments, including forex currency pairs, commodities, indices, stocks, and more. This extensive selection of tradable assets provides traders with ample opportunities to diversify their portfolios and capitalize on various market movements.


Deposit & Withdrawal

Traders can choose from a variety of payment methods, including Neteller, Skrill, online banking, Finrax, Interac, Sticpay, Ebuy, Pagsmile, Epay, Cryptopay Plus, and Skrill Latam. The availability of multiple payment options allows traders to select the method that best suits their preferences and needs.

Deposits made through these payment methods do not incur any deposit fees. The currencies accepted for deposits and withdrawals may vary depending on the chosen payment method. This flexibility allows traders from different regions to transact in their local currencies, eliminating the need for currency conversions and potential associated costs.


ZERO MARKETS offers a variety of withdrawal methods to accommodate the needs of its clients. Neteller and Skrill are available for withdrawals in multiple currencies, including AUD, EUR, GBP, and USD, with associated fees ranging from 1% to 1% + Country Fee. Ebuy allows for KRW withdrawals, subject to potential fees. Online Banking is another option for withdrawals in currencies such as VND, IDR, THB, MYR, and PHP, with fees ranging from 1.5% to 2%. For cryptocurrency withdrawals, Finrax supports various digital assets such as BTC, ETH, LTC, XRP, and more, with exchange rate fees applied. Konnectivity offers different withdrawal options in currencies like CAD, AUD, EUR, GBP, USD, and BRL, with varying fees. Skrill LATAM is available for withdrawals in AUD, EUR, GBP, and USD. Withdrawal processing time typically takes one business day.


Trading Hours

The trading times at Zero Markets depend on the specific market. For example, forex trading is accessible 24/5 - 00:01 to 23:59 (Monday open 00:02 and Friday close 23:57).

Accepted Countries

Zero Markets does not accept account opening applications from residents of the United States, Japan or New Zealand; nor does it accept applications from residents of any other countries and regions that violate local regulations due to transactions.

Customer Support

ZERO MARKETS offers customer support services to cater to the needs of its clients. The customer support team is available for assistance five days a week, providing support during trading hours. Clients have the option to contact the support team through different channels, including phone, email, and online chat. These communication channels allow clients to reach out for help or clarification regarding their trading activities. Additionally, ZERO MARKETS provides a comprehensive FAQs section, which serves as a valuable resource for clients to find answers to commonly asked questions. The combination of various support channels and the FAQs section ensures that clients have access to the necessary assistance and information they require.


Educational Resources

ZERO MARKETS provides a range of educational resources to support traders in their journey. These resources include an Economic Calendar, which helps traders stay informed about important market events and economic indicators. Traders can also benefit from the Forex VPS service, which offers a stable and secure virtual private server for uninterrupted trading. Additionally, ZERO MARKETS offers MT4/5 trader tools, enabling traders to enhance their trading strategies and analysis with various indicators and plugins. Traders can stay updated with the latest market insights through the daily blog, which provides valuable market analysis and trading tips. To assist traders in getting started, ZERO MARKETS offers platform tutorials, ensuring that traders can fully utilize the trading platforms and access all the available features.



In conclusion, when considering ZERO MARKETS, it is important to take into account both its positive and negative aspects. On the positive side, the broker provides a diverse range of tradable assets, offering opportunities for traders to engage in various markets. The availability of multiple withdrawal methods and relatively fast processing times is also advantageous for clients. However, it is crucial to note that ZERO MARKETS lacks regulation, which can be a significant concern for traders. Regulation ensures that a broker operates within the guidelines and standards set by a recognized regulatory authority, providing a certain level of client protection Therefore, while ZERO MARKETS may offer attractive trading features, the lack of regulation should be carefully considered before making a decision.


Q: Is ZERO MARKETS a regulated broker?

A: No, ZERO MARKETS is not regulated by any recognized regulatory authority.

Q: What is the minimum deposit requirement for ZERO MARKETS?

A: The minimum deposit requirement is $100 to trade with ZERO MARKETS.

Q: What trading platforms are available with ZERO MARKETS?

A: ZERO MARKETS offers both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

Q: Can I open a demo account with ZERO MARKETS?

A: Yes, ZERO MARKETS provides a demo account for traders to practice and familiarize themselves with the platform.

Q: Does ZERO MARKETS offer an Islamic account?

A: The availability of an Islamic account is not specified by ZERO MARKETS.

Q: What customer support options are available?

A: ZERO MARKETS provides customer support through email, phone and online chat.

Q: What payment methods does ZERO MARKETS support?

A: ZERO MARKETS supports payment methods such as Neteller, Skrill, Ebuy, Online Banking, Finrax, Konnectivity, and Skrill LATAM.


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User Reviews

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The user interface is clean and the usage guide is explained in detail, and various events are held. I mainly use it because the trading environment is good.
2024-06-07 10:36
This is a company you really need to be careful of.!!! Non-recommended spread is really unstable... 2% withdrawal fee is charged!!
2024-03-06 09:00
Great broker, low spread, easy deposit and withdrawal.
2024-02-26 19:32
Prunella Willoughby
more than one year
ZERO MARKETS got me feeling uneasy. Yeah, they offer crazy high leverage and a bunch of stuff to trade, but here's the deal – no regulation. That's like playing with fire in the trading game. And when you need help, good luck getting it 24/7 because their customer support ain't there all the time. Plus, I heard they hit you with withdrawal fees, which is just adding insult to injury. Gotta think twice before diving in with these guys, you know?
2023-12-06 11:28
Cornelius Sinclair
more than one year
ZERO MARKETS provides traders with a set of advantages, including high leverage of up to 1:500 and a diverse range of tradable assets, spanning forex, commodities, indices, cryptocurrencies, shares, and ETFs. The availability of Islamic accounts caters to clients following Sharia principles. The user-friendly MT4 & MT5 trading platform, multiple payment options, educational resources, and demo accounts contribute to a comprehensive trading experience. However, potential concerns arise as the broker lacks regulation and offers no 24/7 customer support.
2023-12-05 17:54
more than one year
A very bad experience here. I told customer service that I was having trouble wiring funds. They responded that money transfers are not guaranteed. What in the world does that mean you ask, they couldn't give me any further details.......
2023-02-24 16:34
more than one year
I liked this platform: it's clear to understand and with responsive support. Tip: start with smaller amounts and practice on a demo account first to get a feel for how they work.
2022-12-16 13:44


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