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Z Forex

Bulgaria|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://zforex.com/

Website

Rating Index

Contact

+44 745 802 9958
info@zforex.com
https://zforex.com/
Sofia, Olimpiyska Str. "SiteGround", Sofra Park, fl.4, No.z,PO Box 1756, Sofia, Bulgaria

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Bulgaria
Operating period
2-5 years
Company Name
Z Forex Capital Market LLC
Abbreviation
Z Forex
Company employee
--
Customer Service Email Address
info@zforex.com
Contact number
00447458029958
Company website
Company address
Sofia, Olimpiyska Str. "SiteGround", Sofra Park, fl.4, No.z,PO Box 1756, Sofia, Bulgaria
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

hansamuhito

Indonesia

My withdrawal has been on hold by ZForex since October 23, 2024, without any given reason. Previously, ZForex accused me of abuse, but they provided no proof. This is just an excuse not to pay out the profits. Be careful, this broker is a scam.

Exposure

11-09

MuhammadSadiq

Pakistan

This is new form of scam, i am writing that they removed my deposit and bonus to liquidate my positions, they are worst scammers

Exposure

08-27

Alex Maier

Germany

supports crypto and debit card payments Honestly I didn’t have any higher expectations, but I can say it completely meets my needs... I’ll update my experiences

Neutral

12-15

Ewald

Germany

ZForex offers enticing bonuses, but their intermittent availability is a downside. While these bonuses enhance trading opportunities, their inconsistency can be disappointing.

Neutral

05-14

Leonardo34

United Kingdom

$10 needed to get started MT5 available tight spreads swap free account! -What more could I ask for

Positive

12-01

ChristopheS

Norway

my withdrawal experience with zForex has been positive—funds are processed quickly, which is important for maintaining confidence in a broker.

Positive

11-26

Theodore-Roger

United Kingdom

ECN account has low fees. recommend that broker.

Positive

11-21

Friedrich

Spain

If you're comfortable with high leverage and understand the associated risks zFx provides the tools you need

Positive

11-13

Silvano

Spain

Great platform, fast withdrawals, reliable support thx

Positive

10-04

Klemens884

Norway

Customer service at ZForex has been quick to respond to my inquiries. The platform is stable, and I’ve had no major issues. The spreads are competitive, making it a reliable choice.

Positive

09-24

julesguillon

United Kingdom

Depositing funds into my ZForex account was instant, which was a plus. I used USDT and everything went smoothly. The withdrawal took about 1 day which is really fast. The platform itself is fantastic and the spreads are competitive. Had a minor issue with the bonus, but support helped me sort it out quickly ;))

Positive

09-22

Malachi

Spain

Good customer service. The 30% bonus was a nice addition, but there are some conditions required

Positive

09-20

WarrenP

Spain

good broker with tight spreads and fast execution. I had a minor issue with the bonus system but support was helpful and quickly resolved the issue. It was better than I expected, thank you

Positive

09-08

Kristofer

United Kingdom

Customer support was very helpful when I needed help, I want to thank them for it.

Positive

08-16

Denis Lagarde

Spain

The market analysis offered in the zForex website is really helpful. I can keep track of the certain assets thanks to this section.

Positive

08-11

Aime Payet

Spain

Deposited funds using crypto. Didn't have any problems.

Positive

08-08

Francois Normand

Spain

zForex is reliable and also offers low spreads, which is not an easy combination.

Positive

08-02

IngoF

United Kingdom

Trading conditions at Zforex are better than many brokers. Spreads are lower especially for major products. I prefer ECN account, commission is affordable

Positive

07-27

Iacopo Parisi

Serbia

I lost my initial deposit due to my mistakes, but Zforex's support team was helpful in guiding me on better risk management strategies. I switched to a Swap-Free account since I hold positions overnight.

Positive

07-20

Andree770

Spain

top conditions for trading cryptocurrencies. zforex supports various crypto pairs, and the spreads are tight. I use the ECN account, and the crypto withdrawal process is very efficient.

Positive

07-13

52
Account Information
Website
Company Summary
News
Review

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Official website

Website

  • zforex.com

    Server Location

    United Kingdom

    Website Domain Name

    zforex.com

    Server IP

    23.106.37.153

Company Summary

Aspect Information
Registered Country/Area Saint Vincent and the Grenadines
Company Name Z Forex Capital Market LLC
Regulation Unregulated
Minimum Deposit $10 (ECN Account), $1,000 (STD Account), $2,500 (SWAP FREE Account)
Maximum Leverage Up to 1:1000
Spreads ECN Account: 0 pips; STD Account: 0.5 pips; SWAP FREE Account: 0.7 pips
Trading Platforms MetaTrader 5 (MT5), Mobile Apps (Android and iOS), MetaTrader Web App
Tradable Assets Forex, Commodities, CFDs, Cryptocurrencies
Account Types ECN Account, STD Account, SWAP FREE Account
Demo Account Available
Islamic Account SWAP FREE Account
Customer Support Physical Address, Email, Direct Phone Line, Message Form
Payment Methods STICPAY, Bitcoin, Tether, Ethereum, Litecoin
Educational Tools Not provided

Overview

Z Forex Capital Market LLC, based in Saint Vincent and the Grenadines, is an unregulated forex broker offering a versatile range of trading options, including Forex, Commodities, CFDs, and Cryptocurrencies. Traders can choose from ECN, STD, and SWAP FREE account types, each with varying minimum deposits and spreads. The broker provides a high leverage of up to 1:1000 and offers MetaTrader 5 (MT5), mobile apps, and a web platform for seamless trading. A Demo Account is available for practice, along with a SWAP FREE Account for Islamic trading. Customer support is accessible through multiple channels, and payment methods include STICPAY, Bitcoin, Tether, Ethereum, and Litecoin. While educational tools are not provided, Z Forex caters to diverse trading preferences with its array of account types and assets.

basic-info

Regulation

Z Forex is an unregulated forex broker operating without oversight from financial authorities. While it offers flexibility and potential for higher leverage, there are significant risks. Unregulated brokers lack oversight, increasing the risk of fraud and poor trading conditions. Traders have no investor protection or recourse if issues arise. It's recommended to prioritize regulated brokers for a safer trading environment with better safeguards and accountability.

regulation

Pros and Cons

Pros Cons
Wide Range of Trading Options Unregulated Status
Multiple Account Types Lack of Regulatory Oversight
High Leverage Up to 1:1000 Absence of Educational Resources
Diverse Payment Methods Potential for Poor Trading Conditions and Fraud
Advanced Trading Platforms Lack of Investor Protection
Accessible Customer Support

Z Forex Capital Market LLC, an unregulated forex broker located in Saint Vincent and the Grenadines, offers traders a versatile range of trading options, including Forex, Commodities, CFDs, and Cryptocurrencies. The broker provides a selection of account types, each catering to different trader preferences and capital levels. With high leverage of up to 1:1000 and advanced trading platforms like MetaTrader 5 (MT5), mobile apps, and a web platform, Z Forex aims to offer a seamless trading experience. However, the lack of regulation poses significant risks, including the potential for fraud and poor trading conditions. Despite its diverse offerings, Z Forex does not currently provide educational resources, requiring traders to seek external education. Traders should carefully weigh the advantages of the broker's features against the risks associated with its unregulated status before considering it as a trading platform.

Market Instruments

The broker offers a wide array of trading instruments to suit diverse trader preferences. These instruments include Forex, Commodities, CFDs (Contracts for Difference), and Cryptocurrencies.

Forex (Foreign Exchange):

Traders can engage in currency pairs like EUR/USD and capitalize on exchange rate fluctuations. The Forex market operates 24/5, providing ample trading opportunities.

Commodities:

Commodities trading encompasses precious metals, energy resources, and agricultural products. This allows traders to speculate on price movements of essential physical goods.

CFDs (Contracts for Difference):

Through CFDs, traders can speculate on stocks, indices, commodities, and currencies without owning the assets. Flexibility and diverse exposure are advantages, but risks include leverage.

Cryptocurrencies:

The broker offers trading in cryptocurrencies like Bitcoin and Ethereum. This dynamic market involves high volatility and decentralized technology.

Market Instrument Description Example Advantages Risks
Forex Trading currency pairs to profit from exchange rates. EUR/USD, GBP/JPY High liquidity, global accessibility Exchange rate volatility, geopolitical factors
Commodities Trading raw materials like gold, oil, etc. Gold, Crude Oil Diversification, exposure to global economies Supply-demand fluctuations, geopolitical risks
CFDs Speculating on asset price movements without owning. Apple stock, S&P 500 Diverse asset exposure, leveraged trading Leverage risks, potential for amplified losses
Cryptocurrencies Trading digital currencies using blockchain tech. Bitcoin, Ethereum High volatility, decentralized nature Regulatory uncertainty, technological risks
market-instruments

Account Types:

Z Forex offers a tiered selection of trading accounts—ECN, STD, and SWAP FREE—tailored to different trader needs and capital levels.

ECN Account:

For traders seeking tight spreads and direct market access. Minimum deposit: $10. Spread: 0 pips. Commission: $10 for Forex, $15 for Metals. Leverage up to 1:1000. Margin call: 100%. Stop out: 20%. No swap-free option.

STD Account:

Designed for cost-efficient trading. Minimum deposit: $1,000. Spread: 0.5 pips. No commission. Leverage up to 1:1000. Margin call: 100%. Stop out: 30%. No swap-free option.

SWAP FREE Account:

For interest-free trading. Minimum deposit: $2,500. Spread: 0.7 pips. Commission: $10 for Forex, $15 for Metals. Leverage up to 1:1000. Margin call: 100%. Stop out: 50%. Offers swap-free trading.

Traders can choose the account type that aligns with their trading style and preferences. Here's a concise table summarizing the key features:

Account Type Min Deposit Commission Spread Max Leverage Margin Call Stop Out Swap Free
ECN $10 $10 Forex, $15 Metals 0 pip 1:1000 100% 20% No
STD $1,000 $0 0.5 pip 1:1000 100% 30% No
SWAP FREE $2,500 $10 Forex, $15 Metals 0.7 pip 1:1000 100% 50% Yes

Selecting the right account type ensures traders can optimize their trading experience based on individual requirements.

account-types

Leverage

Z Forex offers a maximum trading leverage of up to 1:1000. This leverage allows traders to control larger positions with a relatively smaller amount of capital. Leverage is a powerful tool that magnifies both potential profits and potential losses. With a leverage of 1:1000, traders can trade with a position size that is a thousand times larger than their invested capital. While higher leverage can enhance the potential for significant gains, it also increases the risk of substantial losses. It's essential for traders to use leverage judiciously, employ risk management strategies, and be aware of the increased exposure and volatility that come with higher leverage levels.

Spreads & Commissions

Z Forex provides a flexible approach to spreads and commissions, tailoring them to different trading accounts to accommodate diverse trader preferences.

Spreads:

The ECN account offers a precise spread of 0 pips, while the STD account balances cost-efficiency with a spread of 0.5 pips. The SWAP FREE account, designed for interest-free trading, provides a spread of 0.7 pips. These varying spreads cater to traders with different priorities and strategies.

Commissions:

The ECN and SWAP FREE accounts include commission charges of $10 for Forex and $15 for Metals. On the other hand, the STD account doesn't impose any commission, which is advantageous for those seeking all-inclusive pricing. This diverse commission structure empowers traders to make informed decisions based on their preferences.

In summary, Z Forex's tailored spreads and commission offerings allow traders to select terms that align with their trading goals. Considering these factors is crucial when choosing an account type, as they impact trading costs and overall profitability.

Deposit & Withdrawal

Regarding Z Forex's services, the minimum deposit is $10, which can vary based on the chosen payment method. Three distinct trading accounts are offered, each with its minimum deposit:

  1. ECN Account: Requires a $10 minimum deposit.

  2. STD Account: Mandates a minimum deposit of $1,000.

  3. Swap-Free Account: Involves a minimum deposit of $2,500.

To enhance convenience, Z Forex provides diverse payment methods for its clients. These include:

  • STICPAY

  • Bitcoin

  • Tether

  • Ethereum

  • Litecoin

This range of options ensures flexibility for managing deposits and withdrawals efficiently. As potential traders decide on deposits or withdrawals, it's prudent to review the minimum deposit criteria associated with their desired account type. Exploring available payment methods empowers informed decisions aligned with individual preferences.

deposit-withdrawal

Trading Platforms

Z Forex presents advanced trading platforms for all levels of traders. These platforms offer innovative tools, real-time data, and user-friendly interfaces, ensuring seamless trading. Here's a glimpse:

  1. MetaTrader 5 (MT5):

    MT5, developed by MetaQuotes, offers advanced charting, customizable layouts, and technical indicators for comprehensive market analysis. It supports diverse assets and features an economic calendar, catering to traders of all levels.

  2. Mobile Apps (Android and iOS):

    Trade on the move with mobile apps. Access real-time prices, charts, and execute orders on Android and iOS devices, seizing opportunities anywhere.

  3. MetaTrader Web App:

    Trade without downloads using the web-based platform. Access real-time market data, execute trades, and manage accounts from any internet-connected device.

trading-platform

In summary, Z Forex's trading platforms cater to different styles. Whether you prefer advanced analysis, mobile trading, web accessibility, or skill development, our platforms elevate trading and support your goals.

Customer Support

Z Forex emphasizes accessible communication, offering several avenues to connect with their dedicated customer support team:

  • Physical Address: Visitors can engage in person at Sofia, Olimpiyska Str. “SiteGround,” Sofra Park, fl.4, No.2, PO Box 1756, Sofia, Bulgaria.

  • Email: Send queries to info@zforex.com for prompt responses.

  • Direct Phone Line: Reach out via the direct phone line at +44 7700 192430.

  • Message Form: Utilize the provided form, including name, email, phone number, and subject, for digital contact.

Educational Resources

Z Forex does not currently offer specific educational resources for traders. While some brokers provide educational materials such as articles, tutorials, and webinars to enhance traders' skills and knowledge, Z Forex does not have such resources available at this time. Traders looking for educational content to support their trading journey may need to seek external sources or consider other brokers that provide comprehensive educational resources. It's important for traders to assess their individual learning needs and preferences when choosing a trading platform that aligns with their goals.

Summary

Z Forex operates as an unregulated forex broker, offering a diverse range of trading instruments including Forex, Commodities, CFDs (Contracts for Difference), and Cryptocurrencies. While they provide various account types such as ECN, STD, and SWAP FREE with distinct features, traders must be aware that Z Forex lacks regulatory oversight, potentially exposing them to risks associated with unregulated brokers. The broker offers a high maximum trading leverage of up to 1:1000, which can amplify both profits and losses significantly. Spreads and commissions vary across account types, catering to different trader preferences. Clients can make deposits and withdrawals using various payment methods. Z Forex provides advanced trading platforms like MetaTrader 5 (MT5), mobile apps for Android and iOS, and a web-based platform. While the broker offers accessible customer support through different channels, it's important to note that Z Forex does not currently offer educational resources for traders. Traders seeking educational content should consider external sources or alternative brokers that offer comprehensive educational materials.

FAQs

Q: Is Z Forex regulated?

A: No, Z Forex is an unregulated forex broker operating without oversight from financial authorities.

Q: What is the maximum leverage offered by Z Forex?

A: Z Forex offers a maximum trading leverage of up to 1:1000.

Q: What account types does Z Forex offer?

A: Z Forex offers ECN, STD, and SWAP FREE accounts, each with distinct features and minimum deposits.

Q: Are educational resources provided by Z Forex?

A: No, Z Forex does not currently offer educational resources for traders.

Q: How can I contact Z Forex's customer support?

A: You can reach Z Forex's customer support team via physical address, email, direct phone line, or message form on their website.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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