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    ZFX-Overview Guide of This Broker

    Abstract: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).

      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.

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    United Arab Emirates Dirham

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    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
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    • United States Dollar
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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
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    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    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.

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    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.