ZERO MARKETS Forex Broker

Note: ZERO MARKETS' official website: https://www.zeromarkets.com/ is currently inaccessible normally.ZERO MARKETS Review SummaryFounded2016Registered Country/RegionSaint Vincent and the GrenadinesRegulationRegulated by FMAMarket InstrumentsForex, share CFDs, indices, commodities, metals, cryptosDemo Account✅LeverageUp to 1:500EUR/USD SpreadAverage 1.3 pips (Standard account)Trading PlatformMT4, MT5Social Trading✅Min Deposit$100 AUDCustomer SupportLive chatTel: +61 (0)2 7908 3133 / +44 800 917 4388Email: support@zeromarkets.comTwitter, Facebook, Instagram, LinkedinAddress: First St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincents and the GrenadinesRegional RestrictionsThe United States, Japan or New Zealand Zero 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 ConsPros Cons Regulated by FMAUnavailable websiteDiverse range of tradable assetsASIC (Exceeded)Demo accountsCommissions chargedMultiple account typesWithdrawal fee chargedMT4 and MT5 availableRegional restrictionsAcceptable minimum requirementMultiple payment optionsNo deposit feesSocial media presenceIs ZERO MARKETS Legit? Yes, ZERO MARKETS is regulated by the Financial markets Authority (FMA), holding Market Making (MM) license with No. 569807.Regulatory Status RegulatedRegulated by Financial Markets Authority (FMA)Licensed Institution ZERO MARKETS (NZ) LIMITEDLicensed TypeMarket Making (MM)Licensed Number569807What 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 TypeSpreadCommission Standard From 1.0 pips❌Islamic Standard From 1.0 pips❌Super ZeroFrom 0.0 pips$2.5 per sideIslamic Raw From 0.0 pips$2.5 per 100,000 VolumeTrading 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 PlatformSupported Available Devices Suitable for MT4✔Windows, iOS, macOS, Android, WebBeginnersMT5✔Windows, iOS, macOS, Android, WebExperienced tradersDeposit and Withdrawal Deposit OptionsDeposit OptionAccepted CurrenciesDeposit FeeDeposit TimeNetellerUSD, EUR, GBP, AUD, CAD, KRW, IDR, MYR, THB, VND, Main LATAM currencies❌InstantSkrill❌InstantOnline BankingMYR, IDR, thb, vnd, php❌InstantFinraxBTC, ETH, LTC, XRP, BAT, BNT, CVC, ENJ, FUN, LINK, MITH, MTL, OMG, REP, XXLM, BCH, USDT❌InstantInteracCAD❌InstantSticpayUSD, EUR, GBP, AUD, KRW, BRL❌InstantCryptoPay Plus (USDT)USDT (TRC 20, ERC 20)❌24 hours (weekend exclusive)Skrill LATAMUSD, EUR, GBP, AUD, CAD, Main LATAM currencies❌Instant Withdrawal OptionsWithdrawal OptionAccepted CurrenciesWithdrawal FeeWithdrawal TimeNetellerAUD, EUR, GBP, USD1% (min USD) + 1% country fee1 business daySkrill1% + 1% country fee (if applicable)1 business dayEBUYUSDFee may apply1 business dayOnline Banking VND, IDR, THB, MYR, PHP1.5%-2%1 business dayfinraxBTC, ETH, LTC, XRP, BAT, BNT, CVC, ENJ, FUN, LINK, MITH, MTL, OMG, REP, XXLM, BCH, USDTexchange rate1 business daySticpayAUD, EUR, GBP, USD2.5% + $0.31 business dayInteracCADFlat fee CAD 7.8736 hoursEPayAUD, EUR, GBP, USDNo fees to EPay wallet/USD 4+ 0.38% TAX1 business dayTetherAUD, EUR, GBP, USDFlat fee USDT1 business daypix BRL2.38% (2% WDL + 0.38% VAT fee) + BRL 31 business day