ZFX Review: Our Verdict
ZFX is an STP/ECN forex and CFD broker founded in 2020, based in Seychelles. It offers ZFX MT4 for Windows, ZFX MT4 for Mac, ZFX MT4 for Mobile, MAM Service, with forex currencies, cryptocurrency, commodities, indices, stocks, bonds, futures to trade.
ZFX Pros and Cons
What we like
- Regulated by Regulated as a Securities Dealer by the Financial Services Authority of Seychelles, licence number: SD027
- Low minimum deposit: $50
- Raw spreads from 0.1 pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
What to watch
- Leverage up to 1 : 2000 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
Some news
How to Open a ZFX Account
- RegisterClick Visit Broker and fill in your name, email and country.
- VerifyUpload a photo ID and a proof of address dated within six months.
- Choose an accountPick the account type and platform (MT4) that suits you.
- Fund and tradeDeposit with your preferred method and claim any active bonus.
ZFX FAQ: Frequently Asked Questions
Is ZFX a safe and regulated broker?
ZFX was founded in 2020 and is regulated by Regulated as a Securities Dealer by the Financial Services Authority of Seychelles, licence number: SD027. Client funds are held in segregated accounts. Your protection depends on which ZFX entity opens your account.
What is the minimum deposit at ZFX?
The minimum deposit at ZFX is $50. Payment providers may set their own minimum amount.
What is the maximum leverage at ZFX?
ZFX offers leverage up to 1 : 2000. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does ZFX offer a no deposit bonus?
Yes. ZFX offers a no deposit bonus: No, No Deposit Bonus. Bonus terms change often, so confirm them on the broker's website.
Which trading platforms does ZFX offer?
ZFX supports ZFX MT4 for Windows, ZFX MT4 for Mac, ZFX MT4 for Mobile, MAM Service. Mobile trading is available.
Does ZFX allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does ZFX offer an Islamic (swap-free) account?
Yes. ZFX offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Broker conditions and bonus terms change often – confirm them on ZFX's official website. This page contains affiliate links.