What is ZFX?
Broker overviewZFX is an STP / ECN forex broker founded in 2020 and based in Seychelles. It offers forex currencies, cryptocurrency, commodities, indices, stocks, bonds, futures on ZFX MT4 for Windows, ZFX MT4 for Mac, ZFX MT4 for Mobile, MAM Service.
ZFX is regulated by Regulated as a Securities Dealer by the Financial Services Authority of Seychelles, licence number: SD027. Its listed office is Suite C, Orion Mall, Palm Street, Victoria, Mahe, Seychelles.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the ZFX bonus offers, and who the broker suits best.
- ✓Regulated since 2020 by Regulated as a Securities Dealer by the Financial Services Authority of Seychelles, licence number: SD027, with segregated client funds.
- $Cost to start: $50 minimum deposit and spreads from 0.1 pips.
- ⚡Flexible trading: leverage up to 1 : 2000, hedging, scalping and news trading allowed.
- %Bonus: ZFX Welcome Bonus, no no-deposit bonus.
Our short verdict
ZFX stands out for strong multi-regulation, an affordable $50 minimum deposit and tight spreads from 0.1 pips. The main thing to watch: no no-deposit bonus.
More about ZFX
Some news
Is ZFX safe and regulated?
ZFX is supervised by 2 authorities. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| Regulated as a Securities Dealer by the Financial Services Authority of Seychelles | — | Licence listed for this broker. |
| licence number: SD027 | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which ZFX company will hold your account, because protection levels can differ between regions.
ZFX account types and trading conditions
These are the main trading conditions listed for ZFX. It offers Islamic, mini, VIP, managed accounts.
| Feature | ZFX |
|---|---|
| Minimum deposit | $50 |
| Minimum spreads | 0.1 pips |
| Max leverage | 1 : 2000 |
| Execution | STP / ECN |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
ZFX trading platforms
ZFX supports ZFX MT4 for Windows, ZFX MT4 for Mac, ZFX MT4 for Mobile, MAM Service. MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures. The website is available in English, Vietnamese, Thai, Chinese.
ZFX deposit and withdrawal methods
ZFX accepts these deposit methods:
- Wire Transfer
- Credit Card
- Debit Card
- Perfect Money
- WebMoney
- Neteller
- Skrill
Withdrawals use the same methods as deposits.
Accounts can be held in USD. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
ZFX bonus and promotions
These are the promotions listed for ZFX:
Promotion offered by ZFX. Check the broker's terms for trading volume and withdrawal conditions.
ZFX's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
ZFX no deposit bonus: ZFX does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
ZFX pros and cons
Pros
- Regulated by Regulated as a Securities Dealer by the Financial Services Authority of Seychelles, licence number: SD027 (since 2020)
- Affordable $50 minimum deposit
- Spreads from 0.1 pips
- MT4 trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- No no-deposit bonus
- Very high 1 : 2000 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
How to open an ZFX account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $50 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4. Practise first on a free demo account.
ZFX customer support and contact
These are the contact details we have on file for ZFX:
ZFX review FAQ
Is ZFX a regulated broker?
What is the ZFX minimum deposit?
Does ZFX offer a no deposit bonus?
What is the maximum leverage at ZFX?
Which platforms does ZFX support?
Is ZFX good for beginners?
Final verdict: should you trade with ZFX?
ZFX scores 4.2 out of 5 in our review. Its strongest points are strong multi-regulation, an affordable $50 minimum deposit and tight spreads from 0.1 pips. Keep in mind: no no-deposit bonus; very high 1 : 2000 leverage greatly increases the risk of loss.
If your main goal is a free no-deposit bonus, ZFX is not the right fit. Compare it with other options on our best forex brokers page before deciding.