ZFX Review 2024

What is ZFX?

ZFX, also known as Zeal Capital Market, is a prominent player in the world of online forex trading. Established in 2016, ZFX is an NDD (No Dealing Desk), STP (Straight Through Processing), and ECN (Electronic Communication Network) broker. The company is headquartered in London and provides online FX and CFD trading services. ZFX is regulated by the British FCA (Financial Conduct Authority) with license number 768451, and the Seychelles supervisory authority FSA (Financial Services Authority) with license number SD027. This regulatory oversight ensures that the broker adheres to strict standards of operation, providing a level of security for its clients. The broker offers a range of financial instruments for trading, including currency pairs, indices, stocks, and commodities. It is part of the Zeal Group of fintech companies, which specialize in liquidity solutions for regulated markets in major regions of the world. ZFX provides its services to traders from Europe, Asia, and Africa. The minimum deposit for retail clients is $50, while professional clients are required to deposit a minimum of $10,000. The broker offers leverage up to 1:100 for professional clients and up to 1:2000 for retail traders. However, it’s worth noting that ZFX offers tight spreads only to owners of ECN accounts. The minimum deposit size for these accounts is $1,000. As a result, beginners and investors without a capital reserve may find themselves trading from standard accounts with high spreads. In terms of trading platforms, ZFX provides traders with the popular MetaTrader 4 (MT4) platform. This platform is renowned for its user-friendly interface, advanced charting capabilities, and a wide range of technical indicators. Despite its advantages, ZFX does have some limitations. For instance, the broker has a restricted selection of trading instruments and markets for traders. Additionally, customer support is not available 24/7. In conclusion, ZFX is a regulated broker that offers a competitive trading environment. However, potential clients should carefully consider the broker’s offerings and limitations before deciding to open an account.

What is the Review Rating of ZFX?

What are the Pros of ZFX?

ZFX, a prominent arm of Zeal, is a forex broker that offers several advantages to its users. Here are some of the key benefits:. Execution of Trades: ZFX executes trades without going through a dealing center. This ensures faster and more efficient trade execution, which is crucial in the fast-paced forex market. Regulation: ZFX is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority (FSA) in Seychelles. This provides traders with an added layer of security and trust. Account Options: ZFX offers a wide array of accounts for both retail and professional clients. This includes a Mini Trading Account with a minimum deal size of 0.1 lot and a deposit requirement of just $50. Trading Platform: ZFX provides access to the MetaTrader 4 platform, which supports a wide range of technical indicators, charting tools, and one-click trading. They also offer automated trading managed by expert advisors. Liquidity: ZFX provides liquidity from major financial institutions. This ensures that traders can execute their trades at the best possible prices. Low Spreads: The ZFX broker offers tight spreads only to owners of ECN accounts. This can significantly reduce trading costs. Leverage: ZFX offers a leverage ratio of up to 1:2000. This allows traders to control larger positions with a smaller amount of capital. Currency Pairs: ZFX provides access to over thirty-three currency pairs. This gives traders a wide range of options when it comes to choosing their trades. Please note that trading forex involves risk, and it’s important to understand these risks before starting to trade.

What are the Cons of ZFX?

ZFX, a broker in the forex market, has several drawbacks that potential investors should consider. Here are some of the cons:. Limited Trading Platform: ZFX lacks a web-based trading platform. This could be a significant drawback for traders who prefer the flexibility and convenience of a web-based platform. High Deposit Requirement: For retail traders on ECN accounts, ZFX requires a hefty deposit of $1,000. This high entry barrier could deter retail traders with limited capital from using ZFX’s services. Limited Open Positions: The maximum number of open positions in Standard and ECN accounts is capped and cannot exceed 200. This limitation could restrict trading strategies that involve maintaining a large number of open positions. High Spreads for Standard Accounts: ZFX offers tight spreads only to owners of ECN accounts. However, the minimum deposit size is $1,000 on accounts of this type. For this reason, beginners and investors without a capital reserve have to trade from standard accounts with high spreads. , which does not make ZFX the best choice for beginner traders. These factors, among others, contribute to ZFX’s overall score of 4.32 out of 10. , indicating a higher-than-average risk. Traders Union experts recommend users to consider a more reliable broker with better conditions. As always, potential investors should conduct thorough research and consider multiple factors before choosing a forex broker.

What are the ZFX Current Promos?

ZFX, also known as Zeal Capital Market, offers a variety of promotions for both new and existing clients who are interested in trading forex, stocks, commodities, and more. 50%+20%+10% Credit Bonus Promotion This promotion offers a credit bonus that can be used to cover losses. The credit provides additional margin and increases the amount of funds available for trading. This promotion is only applied to one MT4 account per eligible client’s profile and is available for STP and Mini account for both new and existing clients. The maximum total amount of credit accumulated given per eligible client is 1,500 USD. 30% Welcome Bonus ZFX promotes a 30% Credit on the first deposit placed by the client during the period of the promotion. This offer commenced on 1st August 2022 at 00:00 and was valid until the 31st of December 2022 23:59 (GMT+2). Please note that all promotions are subject to terms and conditions and it’s important to fully understand them before participating. Trading financial derivatives may not be suitable for all investors. Please ensure that you fully understand the risks involved, and seek independent advice if necessary.

What are the ZFX Highlights?

ZFX, or Zeal Capital Market, is a significant player in the financial market with a global presence. The company specializes in multi-asset liquidity solutions in regulated markets, backed by proprietary technology. Key Highlights: ZFX participated in the WikiExpo event at Windsor Plaza on Sunday 18th October 2020, which attracted over 3,000 investors, more than 30 financial specialists, and over 40 forex brokers. The company does not actively assume market risk, focusing instead on sourcing the best prices in the institutional marketplace using cutting-edge technology. ZFX provides a range of trading services, including Applicable Leverage, Contract Specifications, and a variety of platforms such as ZFX MT4 for Windows, ZFX MT4 for Mac, ZFX Webtrader, and ZFX Mobile App. They also offer tools like an Economic calendar, Copy Trading, and Market Information, which includes Market News and Market Outlook. . These highlights demonstrate ZFX’s commitment to providing top-tier services to its clients, making it a noteworthy entity in the financial market.

Is ZFX Legit and Trustworthy?

ZFX, also known as Zeal Capital Market, is a Forex trading company that has garnered mixed reviews from its users. Regulatory Status ZFX is authorized and regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the FSA in Seychelles, and the British Virgin Islands FSC. This regulatory oversight is a positive indicator of the broker’s legitimacy. User Experiences However, user experiences with ZFX vary. Some users have praised the broker for its good trading conditions, competitive pricing, and efficient trade execution through the MetaTrader trading platform. One user mentioned that they found ZFX to be a “trustable broker” with good liquidity, standard spread, fast deposit, and withdrawal. Concerns On the other hand, there have been several complaints about ZFX’s customer service and withdrawal process. Some users have reported that ZFX made excuses to delay their withdrawals. Others have complained about the lack of communication and support from the broker. Conclusion In conclusion, while ZFX is a regulated broker and some users have had positive experiences with it, the mixed reviews and complaints about withdrawal delays and poor customer service raise concerns about its trustworthiness. Therefore, potential users should exercise caution and conduct thorough research before deciding to trade with ZFX. It’s also recommended to start with a small investment to test the broker’s services and withdrawal process. Please note that this information is based on available resources and may not be fully up-to-date or complete. Always conduct your own research and consider consulting with a financial advisor before making investment decisions.

Is ZFX Regulated and who are the Regulators?

ZFX, also known as Zeal Holdings Limited, is a regulated financial institution that operates under the robust regulatory frameworks of two major bodies. Regulatory Bodies:. The Financial Conduct Authority (FCA), United Kingdom. The Financial Services Authority (FSA), Seychelles. ZFX was first launched in London in 2017 as a financial institution specializing in providing professional investors with multi-asset trading services such as FX, commodities, indices, and cryptocurrencies. It operates rigorously under FCA or FSA’s respective regulatory framework. Subsidiaries:. Zeal Capital Market (UK) Limited is a wholly-owned subsidiary of Zeal Holdings Limited, authorized and regulated by the Financial Conduct Authority, FRN: 768451. ZFX is committed to putting the safety of clients’ funds in the first place and persisting in providing investors with superior trading experience and brokerage services. It has been providing online FX and CFD trading services since 2016. ZFX’s unique approach, which incorporates NDD, STP, and ECN methods, is purely focused on ensuring optimal safety and utmost reliability. Their sophisticated Market Neutral Agency Model is tailored for precision pricing, ensuring favorable outcomes in an ever-fluctuating market landscape. Trading Instruments:. ZFX provides access to over thirty-three currency pairs, ensuring that trading costs remain minimal. The benefit of commission-free trading, paired with narrow spreads, is a testament to their dedication to transparency. Their investment avenues also feature notable equities, including TESLA and AMZN, providing ample opportunities for clients to diversify and leverage their portfolios. ZFX’s trading platform stands out, supported across Windows, Mac, and Android. Recognizing the evolving needs of the modern trader, ZFX has further enriched its offerings with a proprietary mobile app, accessible to both iOS and Android users.

Did ZFX win any Awards?

Yes, ZFX has indeed been recognized with several awards. ZFX, a multi-national company in the global financial service industry, was awarded The Best FinTech Trading Platform of The Year 2019. This award was presented to ZFX for its client-oriented services and diverse online trading experiences. ZFX, in collaboration with its subsidiary – the Zeal Technology Solutions Limited (“Zeal Technology”), has established branches worldwide, gathering outstanding experts in various sectors. In addition to this, ZFX has been rated as a highly reputable and safe broker. Their unique approach, which incorporates NDD, STP, and ECN methods, is purely focused on ensuring optimal safety and utmost reliability. ZFX provides access to over thirty-three currency pairs, ensuring that trading costs remain minimal. The benefit of commission-free trading, paired with narrow spreads, is a testament to their dedication to transparency. Furthermore, ZFX was nominated for the Best Forex Broker in Vietnam award. This nomination further solidifies ZFX’s position as a leading player in the forex market. These recognitions highlight ZFX’s commitment to providing top-notch services in the forex trading industry. They have demonstrated their ability to offer groundbreaking multi-asset liquidity solutions and reduce trading costs and market risk. Their sophisticated Market Neutral Agency Model is tailored for precision pricing, ensuring favorable outcomes in an ever-fluctuating market landscape. Please note that while I strive to provide accurate and up-to-date information, it’s always a good idea to do your own research when considering forex trading. Trading in forex carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.

How do I get in Contact with ZFX?

If you want to get in contact with ZFX, a forex broker that offers online trading services, you have several options to choose from. Here are some of the ways you can reach out to ZFX customer support: Email: You can send an email to cs@zfx.com and expect a reply within 24 hours. This is the official email address of ZFX customer service. Live chat: You can use the live chat feature on the ZFX website or app to talk to a customer service representative in real time. The live chat is available 24/7 and you can access it by clicking on the “Contact us” button on the bottom right corner of the screen. Phone: You can call the ZFX hotline at +86 400-8424-611 and speak to a customer service agent. The phone line is open from Monday to Friday, 24 hours a day, and Saturday and Sunday, from 07:30 AM to the next day, 02:00 AM. Online form: You can fill out an online form on the ZFX website and submit your inquiry. One of their customer service representatives will contact you shortly. The online form is available on the “Contact us” page of their website. Social media: You can also follow ZFX on social media platforms such as Facebook, Twitter, Instagram, YouTube, and Telegram. You can send them a direct message or comment on their posts and they will try to respond as soon as possible. ZFX is committed to providing excellent customer service and support for its clients. Whether you have a question, a problem, or a suggestion, you can always reach out to them through any of these channels.

Where are the Headquarters from ZFX based?

ZFX is a company that specializes in flying effects, theater special effects, automation, and black wire rope. It was founded in 1994 in Las Vegas, Nevada, and has since expanded to other locations around the world. According to its website. , ZFX’s headquarters are located at Kopernikusstraße 15, Dachau, a town in Bavaria, Germany. This is where the company’s main office and production facilities are situated. ZFX also has a branch office in Utrecht, the Netherlands. , where it provides flying effects for live shows and events. ZFX is known for its innovative and creative use of technology and rigging to create spectacular flying scenes for various productions, such as Peter Pan, Wicked, Cirque du Soleil, and more. ZFX is also the largest producer of black-oxide-coated wire rope in the world. , which is used for internal purposes and for most of the Cirque du Soleil shows. ZFX’s headquarters are based in Germany because it offers a strategic location for accessing the European market and collaborating with other companies in the industry. Germany is also home to many renowned theater companies and performers that ZFX works with regularly. Additionally, Germany has a strong tradition of engineering and innovation that supports ZFX’s vision of creating cutting-edge flying effects.

What kind of Customer Support is offered by ZFX?

ZFX is a forex broker that offers various trading platforms, tools, and services to its clients. ZFX also provides customer support to help its clients with any issues or questions they may have. Here are some of the features of ZFX’s customer support: Email: ZFX has an official email address for customer support: cs@zfx.com. You can use this email to contact ZFX for any inquiries or feedback. You can also fill in a form on their website and one of their customer service representatives will contact you shortly. Live chat: ZFX has an online chat feature on its website that allows you to communicate with a live agent 24/7. You can access the live chat by clicking on the “Contact us” button on the bottom right corner of their homepage. The live chat is available in multiple languages, including English, Chinese, Indonesian, Thai, and more. Phone: ZFX also has a phone number for customer support: +44 (0)2071579968. You can call this number if you prefer to speak with a human agent over the phone. The phone line is open from Monday to Friday, 9:00 AM to 5:00 PM GMT. Other channels: ZFX may also have other channels for customer support, such as social media, forums, or blogs. However, these channels are not very active or updated, so you may not find much information or assistance from them. You can check their website regularly for any announcements or updates on their customer support channels. ZFX’s customer support is designed to be responsive, professional, and helpful. Whether you need help with opening an account, depositing funds, withdrawing money, trading strategies, market news, or anything else related to forex trading, you can expect to receive prompt and satisfactory answers from ZFX’s customer support team.

Which Educational and Learning Materials are offered by ZFX?

ZFX, a cornerstone of Zeal, is a platform established in 2016 by veteran traders with the aim of making investing more accessible to retail traders and institutional investors. What sets ZFX apart is its commitment to reducing trading costs and market risk. The firm’s unique approach incorporates NDD, STP, and ECN methods, ensuring optimal safety and utmost reliability. ZFX provides access to over thirty-three currency pairs within the forex market, ensuring that trading costs remain minimal. The benefit of commission-free trading, paired with narrow spreads, is a testament to their dedication to transparency. As for trading instruments, the list is vast, ranging from revered commodities like Gold and Silver to indices such as NAS100 and US30. Their investment avenues also feature notable equities, providing ample opportunities for clients to diversify and leverage their portfolios. The MetaTrader 4 trading platform stands out, supported across Windows, Mac, and Android. Recognizing the evolving needs of the modern trader, ZFX has further enriched its offerings with a proprietary mobile app, accessible to both iOS and Android users. Educational and Learning Materials: ZFX offers an array of tools and educational sources that beginner traders can draw from, helping them to learn all the aspects of trading. This includes their online live chat, customer support. A-To-Z Academy. Help Center. Glossary section. These resources are designed to help traders at all levels to understand and navigate the forex market effectively.

Can anyone join ZFX?

Yes, anyone can join ZFX, a regulated Forex and CFDs online trading platform. ZFX offers a range of accounts tailored to traders of all experiences, backgrounds, and trading goals. Account Types: Mini Trading Account: This account requires a minimum deposit of ≥ $50. It offers a maximum leverage of 1:2000 and a minimum FX spread of 1.5. Standard Trading Account: For this account, the minimum deposit is ≥ $200, with a maximum leverage of 1:500 and a minimum FX spread of 1.3. ECN Trading Account: This account requires a minimum deposit of ≥ $1000. It offers a maximum leverage of 1:500 and a minimum FX spread of 0.2. . Starting your trading journey with ZFX involves four easy steps. : Open your ZFX account by completing a short registration form. Verify your details to protect and activate your account. Make your first deposit securely using your preferred method. Start building your portfolio by choosing your favorite asset and placing your first trade. . ZFX also offers a partnership and affiliate program. You can earn commissions by introducing new clients to ZFX’s platforms and get a stable income on the Forex market without risk and investment. It’s important to note that ZFX offers flexible leverage options. After account registration is complete, you can select and adjust leverage when entering the MyZFX User Center. However, be careful of leverage rules. The minimum lot for opening an order varies depending on the account type. : The minimum lot for opening an order in a Mini account is 0.1 lot. The minimum lot for opening an order in an STP account is 0.01 lot. The minimum lot for opening an order in an ECN account is 0.01 lot. . In conclusion, ZFX provides a comprehensive and flexible platform for Forex trading, making it accessible to traders of all experience levels.

Who should sign up with ZFX?

ZFX, a cornerstone of Zeal, is a financial institution that specializes in providing multi-asset trading services. It was founded in 2016 by veteran traders with the aim of making investing more accessible to retail traders and institutional investors alike. What sets ZFX apart is its commitment to reducing trading costs and market risk. The firm’s unique approach incorporates NDD, STP, and ECN methods, ensuring optimal safety and utmost reliability. ZFX provides access to over thirty-three currency pairs in the forex market, ensuring that trading costs remain minimal. The benefit of commission-free trading, paired with narrow spreads, is a testament to their dedication to transparency. As for trading instruments, the list is vast, ranging from revered commodities like Gold and Silver to indices such as NAS100 and US30. Their investment avenues also feature notable equities, including TESLA and AMZN, providing ample opportunities for clients to diversify and leverage their portfolios. The MetaTrader 4 trading platform stands out, supported across Windows, Mac, and Android. Recognizing the evolving needs of the modern trader, ZFX has further enriched its offerings with a proprietary mobile app, accessible to both iOS and Android users. ZFX provides three types of trading accounts to meet the varying needs of forex and CFDs investors. However, the minimum deposit size is $1,000 on accounts of this type. For this reason, beginners and investors without a capital reserve have to trade from standard accounts with high spreads. In conclusion, ZFX is a suitable platform for both retail traders and institutional investors who are looking for a wide range of trading instruments, a reliable trading platform, and a firm that is committed to reducing trading costs and market risk. However, it may not be the best choice for beginner traders due to the high minimum deposit size on ECN accounts.

Who should NOT sign up with ZFX?

Forex trading is a complex and high-risk activity that requires a deep understanding of the market. Not everyone is suited for such a volatile market, and this includes trading with ZFX. Here are some categories of people who might want to reconsider signing up with ZFX:. 1. Beginners: ZFX may not be the best choice for beginner traders. The broker offers tight spreads only to owners of ECN accounts, which require a minimum deposit size of $1,000. Beginners and investors without a capital reserve would have to trade from standard accounts with high spreads. This could lead to higher trading costs and potentially lower profits. 2. Traders Looking for Top-Notch Customer Service: There have been reports of poor customer service at ZFX. If prompt and effective customer service is a priority for you, ZFX might not meet your expectations. Some users have reported issues with the chat function and unresponsive emails. 3. Traders Who Prioritize Smooth Withdrawal Processes: Some users have reported quirks with ZFX’s withdrawal process. Delays and communication lapses can make the process less smooth than it should be. If you value a hassle-free withdrawal process, you might want to consider other brokers. 4. Traders Looking for High Leverage: ZFX offers leverage up to 1:100 for professional clients, and up to 1:2000 for retail traders. While this might seem attractive, it’s important to remember that high leverage can lead to significant losses. If you’re a trader who prefers lower risk, the high leverage offered by ZFX might not be suitable for you. In conclusion, while ZFX might be a viable option for some traders, it’s important to consider these factors before deciding to open an account. Always remember to do your own research and consider your individual trading needs and goals.

Does ZFX offer Discounts, Coupons, or Promo Codes?

ZFX, also known as Zeal Capital Market, offers a variety of promotions for trading forex, stocks, commodities, and more. These promotions can provide traders with opportunities to trade at a lower cost. In addition to these promotions, ZFX also has a referral program. This program allows traders to earn rewards and discounts by referring others to ZFX. The referral program offers a significant discount of up to 80% off. , and traders can start receiving rebates once they begin trading. However, it’s important to note that the availability and specifics of these promotions and discounts may vary. Therefore, it’s recommended to check the official ZFX website or contact their customer service for the most accurate and up-to-date information. Please note that trading financial derivatives involves risks, and it’s important to fully understand these risks before participating in any trading activities. Always seek independent advice if necessary.

Which Account Types are offered by ZFX?

ZFX offers three types of trading accounts to cater to the diverse needs of forex and CFDs investors. Mini Trading Account: This account type is designed to assist novice traders in starting small and achieving big. It allows market entry with a minimum deposit of just $50, enabling flexible trading with small transactions. Standard STP Trading Account: The Standard STP (Straight Through Processing) account offers investors the best trading price. With the STP model, client orders are sent directly to the liquidity provider (the bank or brokers), allowing clients to get the real-time market price and execute the order immediately without any interference. This account type not only offers the most competitive market price but also provides greater stability and fixability — a massive advantage for any trader. A minimum deposit of $200 USD is required to open a Standard STP account. ECN Trading Account: Details about this account type were not found in the search results. However, ECN accounts typically provide direct access to the interbank market where traders can see the actual market depth and have their orders filled by liquidity providers. Each of these account types allows trading of Forex, commodities, stock indices, and shares on the ZFX MT4 platform right after registering an account. Please note that the choice of trading account may be a decision based on factors such as your risk appetite and available capital.

How to Open a ZFX LIVE Account?

Opening a ZFX LIVE account involves a few steps. Here’s a detailed guide:. Step 1: Registration Start the process by clicking the ‘Open a Live Trading Account’ button on the ZFX website. This will direct you to the registration page. Step 2: Personal Details On the registration page, fill in your personal details. This includes your name, phone number, and date of birth. Step 3: Verification After filling in your details, you will need to verify your email address. This is an important step to secure your account. Step 4: Choose Account Type ZFX provides three types of trading accounts to meet the varying needs of forex and CFDs investors. These include: Mini Trading Account: Designed for beginner traders. It requires a minimum deposit of $50. Standard STP Trading Account: Requires a minimum deposit of $200. ECN Trading Account: Requires a minimum deposit of $1000. . Step 5: Deposit Funds Once your account is set up, you can deposit funds and start trading. Step 6: Download Trading Platform Finally, download the ZFX MT4 trading platform for your device (PC, Mac, iOS, or Android) to start trading. Remember, trading in forex involves risk. Make sure to understand the risks involved and consider your level of experience before trading.

How to Open a ZFX DEMO account?

Opening a ZFX DEMO account involves a few simple steps. Here’s a detailed guide:. Step 1: Visit the ZFX Website Start by visiting the official ZFX website. On the homepage, you’ll find information about the different types of accounts that ZFX offers. Step 2: Navigate to the Account Section Once on the ZFX website, navigate to the ‘Accounts’ section. Here, you’ll find a comparison of the different types of trading accounts that ZFX provides. Step 3: Choose the Demo Account Option Look for the ‘Demo Account’ option. ZFX provides a demo account for beginners to practice their trading skills without risking real money. Step 4: Register for a Demo Account Click on the ‘Open Demo Account’ button. This will take you to the registration page. Step 5: Fill in Your Personal Details On the registration page, fill in your personal details such as your name, phone number, and date of birth. Make sure to provide accurate information to ensure a smooth registration process. Step 6: Complete the Registration After filling in your details, complete the registration. You may need to verify your details to activate your account. Step 7: Make a Deposit Although this step is not necessary for a demo account, it’s part of the process if you decide to transition to a live trading account. ZFX provides various methods for you to securely fund your account. Step 8: Start Practicing Once your demo account is set up, you can start practicing your trading skills. Use this opportunity to familiarize yourself with the trading platform and to test different trading strategies. Remember, the purpose of a demo account is to provide a risk-free environment for you to practice and to learn about forex trading. Take advantage of this opportunity to enhance your trading skills before transitioning to a live trading account.

How Are You Protected as a Client at ZFX?

As a client at ZFX, you are protected under robust regulatory frameworks. This is crucial in the world of multi-asset trading, where choosing a suitable and reliable broker is a top priority for investors. Regulatory Frameworks: ZFX clients are protected under the robust regulatory frameworks of the Financial Conduct Authority (FCA) and the Financial Services Authority (FSA). These regulatory bodies ensure that ZFX adheres to strict standards of operation, providing an additional layer of security for clients. Trustworthy Regulatory License: A strong and trustworthy regulatory license is the gateway for every broker to the ranks of "trusted brokers". ZFX holds licenses from the FCA in the UK, the FSA in Seychelles, and the British Virgin Islands FSC. This multi-jurisdictional regulation provides clients with confidence in the reliability and integrity of ZFX’s operations. Client Fund Safety: ZFX is committed to putting the safety of clients’ funds first. This commitment is reflected in their adherence to regulatory standards, which include requirements for capital adequacy and segregation of client funds. This means that client funds are kept separate from the company’s operational funds, providing further protection for clients. Trading Services: ZFX specializes in providing professional investors with multi-asset trading services such as Forex, commodities, indices, and cryptocurrencies. Their services are backed by advanced technology and a commitment to providing a superior trading experience. Direct Market Access: With ZFX’s Straight Through Processing (STP) model, client orders are sent directly to the liquidity provider (the bank or brokers), so clients can get the real-time market price and immediately execute the order without any interference. This ensures transparency and fairness in pricing. In conclusion, the protection of clients at ZFX is multi-faceted, encompassing robust regulatory oversight, a commitment to fund safety, and transparent, fair trading practices. This makes ZFX a reliable choice for investors in the Forex market.

Which Funding methods or Deposit Options are available at ZFX?

ZFX, a renowned forex trading platform, offers a variety of funding methods and deposit options to cater to the diverse needs of its global clientele. Bank Wire Transfer: This traditional method of transferring funds is widely accepted at ZFX. It’s reliable and can handle large amounts, making it suitable for serious traders. However, it might take a bit longer for the funds to reflect in your trading account. Credit and Debit Cards (VISA and MasterCard): ZFX supports both VISA and MasterCard for deposits. This method is convenient and quick, with the minimum deposit via card being US$200, and the upper limit is US$10,000. The specific arrival time of the funds depends on the bank and third-party partners. E-Wallets (Neteller, Skrill, Perfect Money): For those who prefer digital wallets, ZFX accepts deposits through Neteller, Skrill, and Perfect Money. These platforms are known for their speed and ease of use, making them a popular choice among modern traders. The minimum initial deposit amount for ZFX varies depending on the user’s chosen account type. Micro accounts start at $50, Standard STP accounts start at $200, and ECN accounts start at $1000. Please note that all investment operations should also pay attention to changing factors of account funds, deposit sufficient funds early, and establish good holding order risk management. It’s always recommended to check with ZFX’s official website or customer service for the most accurate and up-to-date information.

What is the Minimum Deposit Amount at ZFX?

ZFX is a forex broker that offers various account types and trading platforms for its clients. One of the important factors that clients need to consider when choosing a broker is the minimum deposit amount, which determines how much capital they need to start trading with ZFX. The minimum deposit amount at ZFX depends on the type of account that the client wants to open. According to the information from ZFX’s official website. and other sources. , here are the minimum deposit amounts for different account types:. Micro accounts: These are the standard accounts that offer fixed spreads and no commissions. The minimum deposit amount for micro accounts is $50. Standard STP accounts: These are also known as ECN (Electronic Communication Network) accounts, which offer variable spreads and commissions based on market conditions. The minimum deposit amount for standard STP accounts is $200. ECN accounts: These are the most advanced accounts that offer tight spreads, low commissions, and fast execution. The minimum deposit amount for ECN accounts is $1000. . The minimum deposit amount at ZFX may vary depending on the currency pair, leverage, and market volatility. Therefore, it is advisable to check the current rates and fees before making a deposit. ZFX accepts various payment methods, such as bank wire transfer, credit/debit cards, e-wallets, and local bank transfers. ZFX claims to provide a secure and convenient trading environment for its clients. It also offers various benefits, such as free education materials, market analysis tools, copy trading service, and customer support 24/7. However, before opening an account with ZFX or any other broker, it is important to do your own research and due diligence. Trading forex involves high risks and may not be suitable for everyone.

Which Withdrawal methods are available at ZFX?

At ZFX, a leading platform in the forex trading industry, a variety of withdrawal methods are available to ensure a smooth and efficient transaction process for its users. The platform is committed to providing a seamless experience, prioritizing convenience and speed. Withdrawal Process: Users who have passed the real name verification can submit a withdrawal request at any time. The withdrawal application review is processed on a working day, and after a successful review, it is guaranteed to transfer into the account within 24 hours of the working day. Online withdrawal is convenient and quick. After the withdrawal application is submitted and reviewed, the funds will arrive within 24 hours of the working day. However, if the withdrawal request meets a holiday, it will be postponed to the working day. The specific withdrawal time will depend on the bank. Minimum Withdrawal Amount: The minimum withdrawal amount is 100 RMB, which will be converted to US dollars (about US$15) according to the real-time exchange rate. Withdrawal Method: In general, users can only withdraw money back to the original payment method used to deposit. For example, if a user deposited on their credit/debit card, the broker would refund the same card. If there are any excess funds from profits, users can withdraw them to a bank account in their name. Charges: ZFX does not charge any deposit or withdrawal fees. This is a significant advantage for traders as it allows them to maximize their profits without worrying about additional costs. Before initiating a withdrawal, users must visit the MyZFX User Center, fill out their credentials and bank information, and upload the required documents. This ensures a secure and verified transaction process, safeguarding the interests of the users. In conclusion, ZFX offers a comprehensive and user-friendly withdrawal process, making it a preferred choice for forex traders worldwide.

Which Fees are charged by ZFX?

ZFX, a well-known player in the forex market, has a clear and transparent fee structure. Here’s a detailed breakdown:. Deposits and Withdrawals ZFX does not charge any fees for online deposits or withdrawals. This applies to both general deposits and withdrawals. However, it’s important to note that if you use cross-border money transfer via direct banking for deposits or withdrawals, banks may charge relevant fees. Minimum Withdrawal Amount The minimum withdrawal amount at ZFX is 100 RMB. This will be converted to US dollars (about US$15) according to the real-time exchange rate. Trading Accounts ZFX provides three types of trading accounts to meet the varying needs of forex and CFDs investors. Each account type has its own set of features and benefits, catering to different types of traders. Please note that while ZFX strives to provide the most competitive market price, the actual trading cost can vary depending on the type of account and the specific trading conditions. Always ensure to review the terms and conditions associated with each account type before making a decision. Remember, investing in forex involves risk, and it’s important to understand the fees and charges associated with your trading activities. Always make sure to do your due diligence and consult with a financial advisor if needed. Happy trading!.

What can I trade with ZFX?

ZFX, also known as Zeal Capital Market, offers a wide range of trading options for its clients. Here’s a detailed overview:. Forex Trading Forex, or foreign exchange, is the largest financial market in the world. It involves the buying and selling of currencies. ZFX provides a platform for forex trading, allowing traders to speculate on the price movements of various currency pairs. Stock Indices Stock indices are a measure of the performance of a section of the stock market. They are calculated using the prices of selected stocks. ZFX allows its clients to trade on the price movements of various stock indices. Commodities Commodities refer to raw materials or primary agricultural products that can be bought and sold, such as gold, oil, or wheat. ZFX offers its clients the opportunity to trade commodities. Shares Shares represent ownership in a corporation and constitute a claim on part of the corporation’s assets and earnings. ZFX provides a platform for share trading. ZFX provides three types of trading accounts to meet the varying needs of forex and CFDs investors. Traders from Europe, Asia, and Africa can trade currency pairs, indices, stocks, and commodities on the ZFX platform. The broker is part of the Zeal Group of fintech companies specializing in liquidity solutions for regulated markets in major regions of the world. Please note that trading involves risk and it’s important to understand these risks before starting to trade.

Which Trading Platforms are offered by ZFX?

ZFX offers a variety of trading platforms to cater to the diverse needs of traders in the forex market. Here are the details:. 1. ZFX MT4 for Windows. MT4 for Windows provides a fast and reliable trading experience on Windows platforms. It supports a wide variety of order types, allows trading from charts, and enables one-click trading. It also offers advanced analytical tools & indicators, comprehensive statements & reporting, plus a live news feed feature. 2. ZFX MT4 for Mac. This platform allows Mac users to trade with ease using authentic MT4 software. It integrates seamlessly with your existing trading infrastructure, and you can attach additional programs thanks to API protocols. The hands-off trading function is fully compatible with EAs. You can carry out strategies back-testing to refine your strategy before taking it to the market. 3. ZFX Web Trader. The web-based platform allows easy trading from any device. It offers the same features as the MT4 platforms, providing a consistent trading experience across devices. 4. ZFX MT4 for Android & iOS. This platform allows traders to manage their trades on-the-go. It offers the same features as the desktop versions of MT4, ensuring a seamless trading experience. 5. ZFX Mobile Application. The ZFX Mobile Application allows traders to trade on-the-go with a user-friendly mobile app. It offers the same features as the MT4 platforms, providing a consistent trading experience across devices. In addition to these platforms, ZFX also offers a range of accounts tailored to traders of all experiences. They also provide a Copy Trading feature, which enables traders to duplicate the performance of the ZFX platform’s highest-earning traders. This can be a great way for new traders to learn from experienced ones and potentially increase their profits. Please note that trading in forex and other leveraged products involves a high level of risk and may not be suitable for all investors. It’s important to understand the risks involved and seek independent advice if necessary.

Which Trading Instruments are offered by ZFX?

ZFX, also known as Zeal Capital Market, offers a wide range of trading instruments to cater to the diverse needs of traders. Here is a detailed overview:. Forex Pairs: ZFX provides a selection of forex pairs, including both major and exotic pairs. This includes pairs like USDCNH, USDSGD, and USDNOK. Commodities: Traders have the opportunity to trade various commodities. This includes precious metals like gold and silver, as well as copper and oil. Indices: ZFX offers the ability to trade on 9 different indices. This allows traders to speculate on the price movements of entire sectors of the economy. Cryptocurrencies: In response to the growing popularity of digital currencies, ZFX has included several cryptocurrencies in its offering, including Bitcoin, Litecoin, and Ethereum. Stocks: ZFX also offers the ability to trade on the price movements of individual company stocks. In addition to these instruments, ZFX provides a high leverage of up to 1:500 on standard and ECN accounts. , allowing traders to maximize their potential profits. However, it’s important to note that while higher leverage can increase potential profits, it also increases potential losses. ZFX also offers a range of accounts tailored to traders of all experiences. This includes Mini Trading Account (Minimum Deposit: ≥ $50, Maximum Leverage: 1:2000, Minimum FX Spread: 1.5), Standard Trading Account (Minimum Deposit: ≥ $200, Maximum Leverage: 1:500, Minimum FX Spread: 1.3), and ECN Trading Account (Minimum Deposit: ≥ $1000, Maximum Leverage: 1:500, Minimum FX Spread: 0.2). It’s also worth noting that ZFX provides a range of trading tools, including an economic calendar, copy trading, and market information. These tools can help traders make informed decisions and develop effective trading strategies. In conclusion, ZFX offers a comprehensive range of trading instruments, catering to traders interested in forex, commodities, indices, cryptocurrencies, and stocks. With its high leverage, diverse account types, and helpful trading tools, ZFX is a versatile platform for both new and experienced traders.

Which Trading Servers are offered by ZFX?

ZFX, a regulated Forex and CFDs online trading platform, offers a variety of trading servers to cater to the diverse needs of traders. MetaTrader 4 (MT4) is one of the primary trading platforms provided by ZFX. It is available for various devices including Windows, Mac, and also as a Web Trader for browser-based trading. For traders who prefer to manage their trades on-the-go, ZFX offers MT4 for Android and iOS. In addition to the MT4 platform, ZFX also provides its proprietary trading platform, ZFX Trader. This platform is designed to offer advanced trading tools and features to enhance the trading experience. ZFX offers three types of trading accounts, each with its own unique features and benefits. Mini Trading Account: This account type requires a minimum deposit of $50 and offers a maximum leverage of 1:2000. The minimum FX spread for this account type is 1.5. Standard Trading Account: For this account, the minimum deposit is $200, with a maximum leverage of 1:500. The minimum FX spread for the Standard Trading Account is 1.3. ECN Trading Account: This account type requires a higher minimum deposit of $1000, with a maximum leverage of 1:500. However, it offers a lower minimum FX spread of 0.2. Each of these account types is designed to cater to traders with different levels of experience and trading goals. In summary, ZFX offers a range of trading servers and account types to meet the varying needs of Forex and CFDs investors. Whether you are a beginner or an experienced trader, ZFX has a trading server and account type that can fit your needs.

Can I trade Crypto with ZFX? Which crypto currencies are supported by ZFX?

ZFX, a regulated FX broker, offers a platform for trading Forex, Stocks, Indices, Commodities & Crypto. This platform is designed to support clients’ growing needs for superb financial services. The platform is equipped with a range of trading tools and is accessible on various devices including Windows, Mac, Android, and iOS. ZFX also offers a Copy Trading feature, which enables users to duplicate the performance of the platform’s highest-earning traders. However, the specific cryptocurrencies supported by ZFX are not explicitly mentioned in the search results. It’s recommended to visit the official ZFX website or contact their customer service for the most accurate and up-to-date information. In the context of forex, ZFX provides access to over thirty-three currency pairs, ensuring that trading costs remain minimal. The benefit of commission-free trading, paired with narrow spreads, is a testament to their dedication to transparency. Please note that trading in cryptocurrencies, like any investment, involves risk. It’s important to understand these risks and to only invest funds that you can afford to lose. Always do your own research or consult with a financial advisor before making investment decisions.

What is the Leverage on my ZFX Trading Account?

The leverage on your ZFX Trading Account is a crucial aspect of your trading strategy. It’s important to understand that leverage can significantly amplify both your profits and losses. ZFX Leverage Policy ZFX’s leverage policy allows you to trade with high leverage, up to 1:2000, depending on your trading account equity. This high leverage is applicable when you trade Forex and Gold products on a ZFX Mini Trading Account. Risk Management At ZFX, risk-managed trading is a priority. For risk management purposes, ZFX’s system will automatically reduce your applicable maximum leverage if any increases in your trading account equity trigger the system. This automatic reduction will affect your existing trades. Leverage Adjustment ZFX also adjusts leverage during weekends, holidays, and before major economic and market events. During these times, market volatility may impact your trading unfavorably. To mitigate this, ZFX reduces any trading accounts’ (FX and precious metals) trading leverage to a maximum of 1:500. This reduction applies to all existing open trades, pending orders, and new orders. Changing Leverage If you wish to change the leverage on your ZFX trading account, you can do so through the MyZFX platform. The process involves navigating to the “Trading” section, clicking on “New Leverage”, selecting the specific trading account for which you wish to change the leverage, and choosing the new leverage. Please note that changes in the leverage ratio will affect the margin requirements of your trading account, and you are responsible for ensuring that you have sufficient funds in your trading account to maintain your trading. Remember, while leverage can amplify profits, it can also amplify losses. It’s essential to understand the risks involved and manage your trades accordingly. Happy trading!.

What kind of Spreads are offered by ZFX?

ZFX, a conglomerate of fintech corporations and regulated financial institutions, offers a variety of spreads on its trading instruments. The spreads vary depending on the account type and market conditions. ZFX operates on a variable spread model, meaning that the spread can widen or narrow based on the volatility of the markets. ZFX provides three different accounts for users to choose from: micro, standard, and ECN. The spreads start from 1.3 pips for the standard account. For the ECN accounts, the spreads are even tighter, starting from 0.2 pips. In the context of forex, the spread is the difference between the bid and offer prices for a particular currency pair. For example, in EUR/USD, the fourth decimal place is the pip unit, while in USD/JPY, due to the pricing of the Japanese Yen, the second decimal place is the pip unit. It’s important to note that ZFX is a regulated broker, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This provides a level of assurance for traders, as regulated brokers are required to adhere to strict standards and regulations. In conclusion, ZFX offers competitive spreads across a range of trading instruments, providing flexibility for traders of all experience levels. Whether you’re a beginner or a seasoned trader, ZFX’s variable spreads and diverse account options can cater to your trading needs.

Does ZFX offer MAM Accounts or PAMM Accounts?

ZFX, a renowned player in the forex market, offers both MAM (Multi Account Manager) and PAMM (Percentage Allocation Management Module) accounts. These account types cater to different needs and are designed to provide flexibility and control to both investors and money managers. MAM Accounts: ZFX’s MAM service is suitable for Money Managers, Hedge Funds, and Family Offices. With Zeal’s MAM account, investors can sign a Limited Power of Attorney with their manager of choice, agree on a performance fee, and Zeal will act as custodian ensuring the manager receives the agreed-upon percentage all while the investor has full control of her/his account. Zeal’s MAM account accommodates performance, management, and trade fees. MAM supports 5 allocation methods: Proportional by Equity Percent Allocation, Proportional by Balance, Allocation by P/L: Percent, Allocation by P/L Proportional, and Allocation by P/L. PAMM Accounts: PAMM stands for Percentage Allocated Money Manager. It allows investors to allocate funds to account (money) managers, which can then be traded from one master account. This type of account is comprised of numerous deposits from multiple Investors and is controlled and traded by a specific Money Manager. The managers of such accounts are generally professional traders, experienced in maximizing profits of their accounts and for their investors. In conclusion, ZFX provides comprehensive solutions for money managers and investors through its MAM and PAMM services, offering a secure environment for efficient fund management.

Does ZFX allow Expert Advisors?

Yes, ZFX does allow the use of Expert Advisors (EAs). Expert Advisors (EAs), also known as forex robots, are a series of algorithm code (application) which is converted from a series of trading systems and can be installed in forex trading platforms such as MT4 or MT5. These applications are capable of carrying out trades automatically (auto-trading) according to the parameters summarized in the algorithm. EAs have been used by traders from various countries, both beginners and experienced traders, as an effort to get optimal benefits from forex trading. They are quite popular for traders who are unable to manage their own trading accounts every day due to various reasons. The main functions of EAs include opening and closing trading positions in various types of predefined setups, if the price movement has met the specified parameters. They can set the amount of trading volume (lots), and Take Profit and Stop Loss points based on the conditions that have been inputted in the main parameters. EAs can take over various human decisions in trading activities 24 hours, 7 days a week non-stop when connected to a PC that is always on or a Windows Virtual Private Server (VPS). In the context of ZFX, they provide guidance on how to use EAs on MT4 to automate the trading process and discuss the advantages and disadvantages of algo-trading. This makes ZFX a suitable platform for traders who wish to leverage the power of automated trading systems in the forex market. Please note that while EAs can automate the trading process and potentially optimize benefits, they also come with certain risks and disadvantages. Therefore, it’s important for traders to understand these aspects before deciding to use EAs in their trading strategy.

Does ZFX offer Copytrading?

Yes, ZFX does offer Copy Trading. This feature allows traders to replicate the performance of the platform’s top earning investors. With ZFX Copy Trading, you can follow and automatically copy high-return portfolios. This tool is designed to help you save valuable time and grow passive income, even if you don’t have previous trading experience. Here are some key features of ZFX Copy Trading:. Ease of Use: The platform is easy to use and free. Inclusivity: No need for extensive trading knowledge or experience. Customizability: You can diversify your portfolio by copying trades in a variety of markets. Support: A team of ZFX professionals is available to help you along the way. ZFX Copy Trading also offers a Ranking Highlight feature. As a Copier, you will gain instant access to a network of successful investors from around the world. You can learn from their past experience and discover what they invest in, what their returns are, the type of account they hold, and more. If you’re an experienced trader with a successful investing record, you can become a ZFX Top Trader. As a Top Trader, you get paid every time an investor replicates your portfolio. To be eligible, you need to possess an MT4 account with gains of at least 5% and a transaction history of at least 3 months. Please note that Contracts for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to leverage. You may be required to make further deposits in order to meet your margin requirements. You should consider whether you understand how CFDs work and whether you can afford to take the risk.