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    Regulated

    ZFX

    ZFX

    United Kingdom
    2-5 years Regulated in United Kingdom Straight Through Processing(STP) MT4/5 full license Regional Brokers
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    Score
    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    10
    License Index 6.67
    Risk Management Index 8.22
    Software Index 7.02
    Business Index 6.54
    Regulatory Index 6.64
    Company Abbreviation

    ZFX

    Registered country

    ZFX United Kingdom

    Company Name

    Zeal Capital Market Limited

    Company address

    --

    Website

    http://www.zfx.co.uk

    Financial Conduct Authority
    FCA Regulated

    Straight Through Processing(STP)

    The Seychelles Financial Services Authority
    FSA Offshore Regulatory

    Retail Forex License

    Broker Information

    Customer Service Phone Number

    +44(0)2071579968

    Customer Service Email Address

    support@zfx.co.uk

    Company summary More
    Let me correct the erro.
    Pyramid scheme complaint
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    Check whenever you want

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    WikiFX Risk Alerts
    2
    2021.10.24
    The SeychellesFSA regulatory with license number: SD027 is an offshore regulatory, please be aware of the risk!
    The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months, please be aware of the risk!
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core

    1G

    40G

    $ 1.38/month
    Open immediately

    Benchmark

    Trading environment rating source: real trading data of 86,076 WikiFX VPS users

    AA
    Average transaction speed(Millisecond)
    Statistics on the time taken from the submission of an order to its execution by the server among orders. The smaller the value the better for the investor.
    460.1
    The fastest transaction speed(Millisecond)
    Statistics on the minimum time taken from order submission to server execution among orders.
    32
    Average disconnection frequency(Times/day)
    The average number of automatic disconnections of the trading software per day. The smaller the value, the more stable the trading server is.
    0.8
    Average reconnection time(Millisecond)
    The average time for the trading software to reconnect automatically if disconnection occurs. Smaller value indicates faster reconnection
    55.1
    Average trading slippage
    -0.8
    Maximum transaction slippage
    12
    Average transaction cost
    Statistics on the sum of the average spread and commission cost for 1 lot of mainstream currency trading. The smaller the value the better for the investor.
    EURUSD 13.24USD/lot
    XAUUSD 46.77USD/lot
    Average Rollover Cost
    Statistics on the average rollover cost for 1 lot of mainstream currency trading (rollover fees for long orders, rollover fees for short orders). The investor's cost is lower
    EURUSD Long: -3.92USD/lot Short: 0.37USD/lot
    XAUUSD Long: -1.28USD/lot Short: -0.99USD/lot
    Severe Slippage Severe slippage
    I wanted to withdraw my principal because its slippage was too high, which caused great losses to me.
    FXWNAbui8890

    2021/9/15 8:19:57

    Severe Slippage Slippage severe, only $7.86 awarded
    Obviously, the slippage was severe. The highest price of CHFJPY was 120.467, and my stop loss was 120.670, but it still stopped losses. Later, the staff of risk control said that the compensation was only $7.86, which was so unreasonable. If there is no slippage, now it should take profits. I think that the slippage is normal, but the compensation is quite unacceptable.
    FXNITdqa5582

    2021/7/16 2:58:38

    Resolved Wipe out my positions after tricking me into depositing funds
    The account manager tried to lure me into deposits Tell me to have a technology without risk Liquidation of 71.1% one night after deposit 1000 USD bought 40 lots of XAU/USD Say there is no risk; as a result, maliciously canceling orders and exploding positions? Should the company come forward to compensate...?
    chrismas

    2021/4/27 10:25:35

    Severe Slippage There is a  discrepancy between the prices.
    Time: 3.22. Broker exposed: 111 Trading time: 11:51 Spread: 8.07894. The price here went up and down immediately within a second twice, making forced liquidation. The customer said the data sources can be different in different companies. And my margin is not up to 30%.
    FXYUWqgd9898

    2021/3/23 4:13:36

    Unable to withdraw Can’t withdraw
    There are many problems in ZFX. The company claimed that it was regulated by UK FCA. However, I can’t withdraw here. When I sent application for withdrawal, the platform came out of a notice said “insufficient trading”. I asked the customer service,then I was asked to add their Line. I asked them again via Line and the customer service said my deposit was not enough so I can’t withdraw (bullshit). I asked what is called “enough”? They ignored me. A fraud friend recommended this platform to me. I guess he may gain commission because I used this platform. My account balance is over 3,000 USDT. There are two language here, traditional Chinese and English. Someone has investigated that the platform may be managed by people from Taiwan. A formal platform will allow customers to withdraw. Don’t be cheated by their fake regulator.
    FXKJCakw4327

    2020/9/26 22:37:51

    Transaction data

    WikiResearch

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    • Total Margin
    • Active Trade
    • New User
    • Stop Out
    • Total Profit
    • Total lots
    • Spread Cost
    • Net Deposit
    • Net Withdraw
    No data
    ZFX · MT4/5
    Identification Result MT4/5 full license
    The formal brokers with MT4/5 full license offer complete system service and follow-up technical support. In general, their businesses and techniques are relatively mature and the risk management abilities are much stronger.
    ZealCapitalMarketSC-Demo
    MT4
    Server Name
    ZealCapitalMarketSC-Demo
    Most visited countries/areas
    China
    ZealCapitalMarketSC-Live
    MT4
    Server Name
    ZealCapitalMarketSC-Live
    Most visited countries/areas
    United Kingdom
    ZFX · Website

    Most visited countries/areas

    zfx.com
    Server Location
    China
    Most visited countries/areas
    --
    Website Domain Name
    zfx.com
    ICP registration
    --
    Domain Effective Date
    1993-02-12
    Server IP
    220.242.177.161
    Website
    --
    Company
    --

    ZFX

    Free CompensationMore details

    Please download WikiFX APP

    Scan to Download

    Download for complete information Free

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    ;
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      Zeal Capital Market (UK) Limited

      Effective Date :

      2017-09-04
    • Email Address of Licensed Institution :

      support@zfx.co.uk

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.zfx.co.uk

      Expiry Date :

      --
    • Address of Licensed Institution :

      No. 1 Royal Exchange London City of London EC3V 3DGE C 3 V 3 D G UNITED KINGDOM

      Phone Number of Licensed Institution :

      44 2071579968
    • Licensed Institution Certified Documents :

      768451 fca20210426更新 View Certified Documents ZFX FCA监管 20200411 View Certified Documents Zeal_768451.png View Certified Documents
    The Seychelles Financial Services Authority

    The Seychelles Financial Services Authority (FSA)

    The Seychelles Financial Services Authority(FSA) is an autonomous regulatory body responsible for the non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, FSA is responsible for permitting and regulating licenses, enforcing regulatory and compliance requirements, monitoring and supervizing the conduct of business in the non-bank financial services sector in Seychelles. The regulated activities include fiduciary services, capital market & collective investment schemes, insurance, gambling. FSA is also responsible for the registration of international business companies, foundations, limited partnership and international trust in Seychelles.

    • Licensed Institution :

      Zeal Capital Market (Seychelles) Limited

      Effective Date :

      --
    • Email Address of Licensed Institution :

      cs@zfx.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.zfx.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Office 1, Unit 3, 1st Floor, Dekk Complex, Plaisance, Mahe, Seychelles

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      ZFX-塞舌尔牌照200928 View Certified Documents ZFX FSA监管截图 View Certified Documents

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    Special Note

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    ZFX

    1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

    1.pngWikiFX will not disclose your personal information to third parties.

    1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

    1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

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    為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    ZFX
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
    Related Photos
    Confirm to Submit

    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Confirm

    ZFX · Company summary

      General Information & Regulation of ZFX

      ZFX is the trading name of Zeal Capital Market (UK) Limited, a wholly owned subsidiary of Zeal Holdings Limited, the holding company of Zeal group of companies (collectively Zeal Group). ZFX is a financial institution focused on providing multi-asset trading services to institutional and retail investors in Forex, commodities, and other asset classes. Founded in 2010, ZFX is headquartered in London, UK, and has several branches worldwide. ZFX currently holds a straight-through license from the UK Financial Conduct Authority (License No. 768451) and a retail forex license from the Seychelles Financial Services Authority (License No. SD027).

      Market Instruments

      Tradable financial instruments on ZFX platform turn to be quite average, including forex currency pair, indices and comodities. Some popular and mainstream products like precious metals, energies, oils and stocks are missing.

      Minimum Deposit of ZFX

      To meet different investors' investment needs and trading experience, forex broker ZFX offers three different accounts for users to choose from: Micro, Standard, and ECN. The minimum deposit to start trading is $100, quite in line with most brokers' initial account opening requirements.

      Account Opening

      Account opening is easy and straightforward: just click on the Open Live Account tab at the top-right corner of the brokers website. Fill the registration form, providing your personal information and other required details.

    ZFX

      Leverage of ZFX

      Forex investors can trade Forex, and precious metals products on ZFX Micro accounts with a leverage ratio of up to 1:2000. For risk management purposes, the ZFX system will adjust the leverage ratio based on the net value of the trading account, with the main levers at 1:2000, 1:1000, 1:600, 1:400, 1:100.

      Spreads & Commissions of ZFX

      The average spread on micro accounts is 1.5 pips on EURUSD, 1.9 pips on GBPUSD, 0.35 pips on Gold, 0.025 pips on Silver, 0.04 pips on Brent Crude Oil (Futures), 0.04 pips on West Texas Light Crude Oil, and 2.3 pips on the German DAX30. The average spread on the standard STP account is 1.5 pips on the EURUSD, 1.9 pips on the GBPUSD, 0.35 pips on the Gold, 0.025 pips on the Silver, 0.04 pips on the Brent Crude Oil (Futures), 0.04 pips on the West Texas Light Crude Oil and 2.3 pips on the German DAX30. The average spread on the ECN account is 0.2 pips on the EURUSD, 0.4 pips on the GBPUSD, 0.1 pips on the Gold, and 0.005 pips on the Silver. 0.005 pips, Brent crude oil (futures) spreads are 0.04 pips, and West Texas light crude oil spreads are 0.04 pips. Micro accounts and Standard STP accounts calculate commission for Forex, Gold, and Silver trades into spreads, while ECN accounts charge a commission of $7 per lot.

      Trading Platforms of ZFX

      ZFX MT4 supports various order types, charting, one-click trading, advanced analytical tools and indicators, comprehensive reporting, and instant news feeds. ZFX MT4 can also be seamlessly integrated with a trader's existing trading device through a further developed API program that supports smart trading and strategy backtesting. Forex traders can use the trading platform on Apple, Android, Windows, and Mac.

      Deposit & Withdrawal

      ZFX supports FlashE International UnionPay or XPay Internet Banking, with a minimum deposit of $100. Forex traders can withdraw funds without any fees and same-day withdrawal restrictions, with a minimum withdrawal amount of 100 RMB (approximately $15).

      Customer Support

      Clients are provided with a multilingual customer support team who are available 24/5 and can be reached via telephone, email, social media, online support form, or by visiting their physical offices.

      Accepted Regions

      ZFX's services are not directed at residents of any particular country outside the UK and are not intended for distribution to, or used by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Some ZFX features and products mentioned within this ZFX review may not be available to traders from certain countries because of legal restrictions.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.