ZERO MARKETS Forex broker specializes in providing foreign exchange trading services, the company's official website https://trader.zeromarkets.com/sessions/signup, the company's legitimate regulatory information New ZealandFMAMarket Making(MM),AustraliaASICAppointed Representative(AR),AustraliaASICInvestment Advisory License, to enhance the security of the company's address First St Vincent Bank Ltd Building, James Street,Kingstown, Saint Vincent’s and the Grenadines.
ZERO MARKETS Forex Broker
Basic information
Saint Vincent and the Grenadines
5-10 years Regulated in New Zealand Regulated in Australia Market Making(MM) Investment Advisory License MT5 Full License Australia Appointed Representative(AR) Revoked Suspicious Overrun High potential riskCompany profile
Note: ZERO MARKETS' official website: https://www.zeromarkets.com/ is currently inaccessible normally.
ZERO MARKETS Review SummaryZero Markets is a broker offering access to global markets. It is a group of companies which include Zero Financial Pty Ltd and Zero Markets LLC. Zero Financial Pty Ltd (ZERO Markets, ABN 72 623 051 641) is an Authorized Representative (No. 001273819) of First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFSL 286354). Zero Markets LLC is a registered company of St. Vincent and the Grenadines, Limited Liability Number 503 LLC 2020.
Pros and Cons
| Pros | Cons |
| Regulated by FMA | Unavailable website |
| Diverse range of tradable assets | ASIC (Exceeded) |
| Demo accounts | Commissions charged |
| Multiple account types | Withdrawal fee charged |
| MT4 and MT5 available | Regional restrictions |
| Acceptable minimum requirement | |
| Multiple payment options | |
| No deposit fees | |
| Social media presence |
Is ZERO MARKETS Legit?
Yes, ZERO MARKETS is regulated by the Financial markets Authority (FMA), holding Market Making (MM) license with No. 569807.
| Regulatory Status | Regulated |
| Regulated by | Financial Markets Authority (FMA) |
| Licensed Institution | ZERO MARKETS (NZ) LIMITED |
| Licensed Type | Market Making (MM) |
| Licensed Number | 569807 |
What Can I Trade on ZERO MARKETS?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Share CFDs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
ZERO MARKETS offers Islamic raw account, Islamic standard account, Standard account and Super Zero account with the minimum deposit of $100 AUD.
Leverage
ZERO MARKETS offers the maximum leverage of 1:500 for Islamic raw account and Islamic standard account. This high leverage setup allows traders to trade larger positions with smaller capital, leading to high returns. However, high leverage also entails high risk.
ZERO MARKETS Fees
ZERO MARKETS offers a range of spread and commission options to accommodate different trading preferences. The Standard account provides a commission-free trading environment, where traders can execute trades without incurring additional fees. The spreads for this account start from 1.0 pips.
For traders seeking even tighter spreads, ZERO MARKETS offers the Super Zero account, which features spreads as low as 0 pips. However, it's important to note that the Super Zero account carries a commission charge starting from $2.50 per side. This commission fee is applied to cover the cost of trade execution.
| Account Type | Spread | Commission |
| Standard | From 1.0 pips | ❌ |
| Islamic Standard | From 1.0 pips | ❌ |
| Super Zero | From 0.0 pips | $2.5 per side |
| Islamic Raw | From 0.0 pips | $2.5 per 100,000 Volume |
Trading Platform
ZERO MARKETS provides traders with a versatile and comprehensive trading platform. Traders have the option to choose between two popular platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available for Windows, iOS, macOS, Android, and also have a web-based version.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, iOS, macOS, Android, Web | Beginners |
| MT5 | ✔ | Windows, iOS, macOS, Android, Web | Experienced traders |
Deposit and Withdrawal
Deposit Options
| Deposit Option | Accepted Currencies | Deposit Fee | Deposit Time |
| Neteller | USD, EUR, GBP, AUD, CAD, KRW, IDR, MYR, THB, VND, Main LATAM currencies | ❌ | Instant |
| Skrill | ❌ | Instant | |
| Online Banking | MYR, IDR, thb, vnd, php | ❌ | Instant |
| Finrax | BTC, ETH, LTC, XRP, BAT, BNT, CVC, ENJ, FUN, LINK, MITH, MTL, OMG, REP, XXLM, BCH, USDT | ❌ | Instant |
| Interac | CAD | ❌ | Instant |
| Sticpay | USD, EUR, GBP, AUD, KRW, BRL | ❌ | Instant |
| CryptoPay Plus (USDT) | USDT (TRC 20, ERC 20) | ❌ | 24 hours (weekend exclusive) |
| Skrill LATAM | USD, EUR, GBP, AUD, CAD, Main LATAM currencies | ❌ | Instant |
Withdrawal Options
| Withdrawal Option | Accepted Currencies | Withdrawal Fee | Withdrawal Time |
| Neteller | AUD, EUR, GBP, USD | 1% (min USD) + 1% country fee | 1 business day |
| Skrill | 1% + 1% country fee (if applicable) | 1 business day | |
| EBUY | USD | Fee may apply | 1 business day |
| Online Banking | VND, IDR, THB, MYR, PHP | 1.5%-2% | 1 business day |
| finrax | BTC, ETH, LTC, XRP, BAT, BNT, CVC, ENJ, FUN, LINK, MITH, MTL, OMG, REP, XXLM, BCH, USDT | exchange rate | 1 business day |
| Sticpay | AUD, EUR, GBP, USD | 2.5% + $0.3 | 1 business day |
| Interac | CAD | Flat fee CAD 7.87 | 36 hours |
| EPay | AUD, EUR, GBP, USD | No fees to EPay wallet/USD 4+ 0.38% TAX | 1 business day |
| Tether | AUD, EUR, GBP, USD | Flat fee USDT | 1 business day |
| pix | BRL | 2.38% (2% WDL + 0.38% VAT fee) + BRL 3 | 1 business day |
Rating Index
Islamic raw
Islamic standard
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Latest Reviews
Prunella Willoughby
Argentina
ZERO MARKETS got me feeling uneasy. Yeah, they offer crazy high leverage and a bunch of stuff to trade, but here's the deal – no regulation. That's like playing with fire in the trading game. And when you need help, good luck getting it 24/7 because their customer support ain't there all the time. Plus, I heard they hit you with withdrawal fees, which is just adding insult to injury. Gotta think twice before diving in with these guys, you know?
Neutral
2023-12-06
Cornelius Sinclair
Pakistan
ZERO MARKETS provides traders with a set of advantages, including high leverage of up to 1:500 and a diverse range of tradable assets, spanning forex, commodities, indices, cryptocurrencies, shares, and ETFs. The availability of Islamic accounts caters to clients following Sharia principles. The user-friendly MT4 & MT5 trading platform, multiple payment options, educational resources, and demo accounts contribute to a comprehensive trading experience. However, potential concerns arise as the broker lacks regulation and offers no 24/7 customer support.
Neutral
2023-12-05
FX1875436440
South Korea
The user interface is clean and the usage guide is explained in detail, and various events are held. I mainly use it because the trading environment is good.
Positive
2024-06-07