Zandbox Forex Broker

Zandbox Forex Broker - Complete Information Guide

1. Broker Overview

　　Zandbox, officially known as Universal Innovation Center Ltd, was established in 2018. The company is headquartered in Saint Vincent and the Grenadines. It operates as a private entity and primarily serves retail clients in the forex trading market, focusing on providing a diverse range of trading products and services.

　　Since its inception, Zandbox has aimed to create a user-friendly trading environment for its clients. The broker has made significant strides in developing its platform and expanding its service offerings, including various account types and trading instruments. A notable milestone in its development was the introduction of its trading platform, which supports both MetaTrader 4 and MetaTrader 5, enhancing the trading experience for users.

　　Zandbox operates primarily in the foreign exchange market, offering services that cater to both individual traders and institutional clients. The broker's business model emphasizes retail forex trading, with a focus on accessibility and competitive trading conditions.

2. Regulatory and Compliance Information

　　Zandbox operates under the regulatory framework of Saint Vincent and the Grenadines, where it holds no specific regulatory licenses. This lack of regulation raises potential risks for clients, as there are no established regulatory bodies overseeing the broker's operations.

Key Regulatory Information:

• Regulatory Authority: None specified
• License Numbers: Not applicable
• License Validity and Scope: No valid regulatory information available
• Legal Entities in Different Regions: Primarily registered in Saint Vincent and the Grenadines
• Client Funds Segregation Policy: Specific policies not disclosed
• Investor Compensation Fund Participation: Not applicable
• KYC and AML Compliance Measures: Not detailed in the available information

　　Zandbox's lack of regulatory oversight means that clients should exercise caution and conduct thorough due diligence before engaging with the broker.

3. Trading Products and Services

　　Zandbox offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to over 60 currency pairs, including major, minor, and exotic pairs. Additionally, Zandbox offers a range of CFD products across various asset classes, including:

• Indices
• Commodities
• Stocks
• Cryptocurrencies

　　The broker frequently updates its product offerings, aiming to provide clients with the latest trading opportunities. Zandbox's retail trading services are designed to cater to individual traders, while also offering tailored solutions for institutional clients.

　　Furthermore, Zandbox provides white-label solutions for partners interested in entering the forex trading market. The broker also offers asset management services, although specific details about these services are limited.

4. Trading Platforms and Technology

　　Zandbox supports both MetaTrader 4 and MetaTrader 5, two of the most widely used trading platforms in the forex industry. These platforms offer advanced charting tools, technical analysis features, and automated trading capabilities through Expert Advisors (EAs).

Platform Details:

• MetaTrader 4/5 Support: Fully supported
• Proprietary Platform: Not available
• Web-Based Trading Platform: Yes
• Mobile Application: Available for both iOS and Android devices
• Execution Modes: ECN and STP
• Server Locations and Technical Infrastructure: Specific details not provided
• API Access and Automated Trading Support: Available

　　The technology infrastructure at Zandbox is designed to ensure fast order execution and reliable trading conditions for its clients.

5. Account Types and Trading Conditions

　　Zandbox offers several account types to meet the diverse needs of its clients. The main account types include:

• Standard Account: Minimum deposit of $50, spreads starting from 0 pips, and a commission structure that varies based on trading volume.
• VIP Account: Designed for high-volume traders with enhanced benefits, including lower spreads and commissions.
• Islamic Account: Available for clients who require Sharia-compliant trading options.
• Corporate Account: Tailored for institutional clients.

Key Trading Conditions:

• Leverage Range: Up to 1:500 for forex trading
• Minimum Trade Size: 0.01 lots
• Overnight Fees Policy: Not disclosed in detail

　　Zandbox provides a demo account for clients to practice trading strategies without financial risk, allowing new traders to familiarize themselves with the platform.

6. Fund Management

　　Zandbox supports a variety of deposit methods, ensuring that clients have flexible options for funding their accounts. The available deposit methods include:

• Bank Transfers
• Credit/Debit Cards
• E-wallets

Key Fund Management Information:

• Minimum Deposit Requirements: Varies by account type, starting from $50
• Deposit Processing Time: Typically processed within 24 hours
• Deposit Fees: Not specified
• Withdrawal Methods and Restrictions: Bank transfers and e-wallets are supported
• Withdrawal Processing Time: Generally processed within 48 hours
• Withdrawal Fees Structure: Not detailed

　　Clients should review the terms and conditions related to fund management to understand any potential fees or restrictions.

7. Customer Support and Educational Resources

　　Zandbox provides customer support through multiple channels, ensuring that clients can easily reach out for assistance. The available support channels include:

• Phone Support
• Email Support
• Live Chat
• Social Media

Customer Support Details:

• Service Hours and Time Zone Coverage: Not specified
• Multilingual Support: Available in multiple languages
• Educational Resources Types: Webinars, tutorials, and e-books
• Market Analysis Services: Daily analysis, news updates, and research reports
• Trading Tools: Calculators, economic calendars, and signal services

　　Zandbox aims to equip its clients with the necessary tools and knowledge to enhance their trading experience.

8. Regional Coverage and Restrictions

　　Zandbox primarily serves clients in various regions, focusing on markets with high trading activity. The broker has a presence in multiple countries, although specific regional offices are not detailed.

Key Regional Information:

• Main Service Markets: Global reach with a focus on retail forex traders
• Regional Office Distribution: Not specified
• Countries/Regions Not Accepted: Specific countries where services are restricted have not been disclosed
• Special Restrictions: Not provided

　　Clients interested in opening an account with Zandbox should verify their eligibility based on their country of residence and any applicable regulations.

　　In conclusion, Zandbox broker provides a range of trading products and services, although potential clients should be aware of the regulatory landscape and conduct thorough due diligence before engaging with the broker.