Rating Index
Pros
Wide range of tradable assets, including forex, commodities, cryptocurrencies, and stocks.
Low minimum deposit requirement, allowing new traders to start with a smaller investment.
User-friendly trading platform options, including MetaTrader 5, which supports automated trading through expert advisors.
Cons
Unregulated broker, posing significant risks to client funds and lack of oversight.
Limited payment and withdrawal options, primarily relying on credit cards and Bitcoin, which may not be secure.
Negative reputation with multiple complaints about withdrawal issues and lack of transparency.
Z Market broker Accounts
ZMarket Account Type
ZMarket offers three different types of trading accounts tailored to meet the needs of various traders:
- Start Account:
- Minimum Deposit: $200
- Spread: Starts from 0.8 pips
- Leverage: Up to 1:200
- Stop-Out Level: 50%
- Suitable For: New traders with no trading experience.
- Basic Account:
- Minimum Deposit: $1,000
- Spread: Starts from 0.8 pips
- Leverage: Up to 1:100
- Stop-Out Level: 30%
- Features: Includes analytic signals and newsletters.
- Premium Account:
- Minimum Deposit: $5,000
- Spread: No commission
- Leverage: 1:30
- Stop-Out Level: 20%
- Features: Comes with a personal assistant, analytic signals, and newsletters.
- Visit the Website: Go to ZMarket's official website.
- Select Account Type: Choose the account type that suits your trading needs (Start, Basic, or Premium).
- Fill Out the Application: Complete the online application form with your personal details.
- Submit Required Documents: Provide necessary documentation for identity verification, which may include:
- A valid ID (passport or drivers license)
- Proof of address (utility bill or bank statement)
- Initial Deposit: Fund your account with the minimum deposit required for your chosen account type.
- Account Verification: Wait for account verification, which may take up to 24 hours.
- Start Trading: Once verified, you will receive your login details, and you can begin trading.
ZMarket Broker Account Opening Process
To open an account with ZMarket, follow these steps:
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Z Market accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .