Review summary
ZonoFX, operating as Zonofx Limited, is a relatively new forex broker established within the last 1–2 years and registered in Saint Lucia. The broker offers two account types: a Standard account with a minimum deposit of $10 and spreads from 2 pips, and an Islamic account requiring a $1,000 minimum deposit with spreads starting at 1.3 pips. Both accounts provide leverage up to 1:500 and support scalping, hedging, and Expert Advisors. According to WikiFX assessment, ZonoFX does not hold any valid authoritative forex trading licenses, and its overall score is a low 1.20 out of 5, reflecting the absence of credible regulatory oversight. Traders should be aware that operating without a recognized financial regulator means there is no external recourse in case of disputes. The broker's registered location in Saint Lucia, a jurisdiction not typically associated with stringent forex regulation, further underscores the need for caution. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-16)
