ZXCM Forex Broker

ZXCM Review SummaryFounded2009Registered Country/RegionSeychellesRegulationFSA (Offshore Regulated)Market InstrumentsForex, Metals, Commodities, Indices, and FuturesDemo Account✅LeverageUp to 1:500SpreadFrom 0.0 pipsTrading PlatformMT5Minimum Deposit$100Customer SupportContact form (24/5 support)Phone: +35797785519Email: support@zxcm.comAddress: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.LinkedIn, TikTok, Instagram, Facebook, X, WhatsApp, Telegram ZXCM, founded in 2009 and registered in Seychelles, is an offshore-regulated financial firm overseen by the Seychelles Financial Services Authority (FSA) with license number SD214. It offers a wide range of market instruments, including Forex, metals, commodities, indices, and futures. The firm provides a demo account and supports the MetaTrader 5 (MT5) platform. ZXCM offers four types of accounts (PRO ACCOUNT, ECN ACCOUNT, ISLAMIC ACCOUNT, and VIP ACCOUNT) with a minimum deposit requirement of $100 (Pro Account), and the maximum leverage is up to 1:500.Pros and ConsPros Cons Demo accounts availableOffshore regulated by FSAA wide range of trading productsDiverse account typesMT5 platformMultiple payment optionsIs ZXCM Legit? Yes, ZXCM is currently regulated by FSA, holding a Retail Forex License.Regulated CountryRegulated AuthorityCurrent StatusLicensed EntityLicense TypeLicense NumberSeychelles Financial Services Authority (FSA)Offshore Regulated ZX Capital Markets LtdRetail Forex LicenseSD214What Can I Trade on ZXCM? On ZXCM, you can trade with Forex, Metals, Commodities, Indices, and Futures.Tradable Instruments Supported Forex✔Metals✔Commodities✔Indices✔Futures ✔Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Mutual Funds❌Account Type ZXCM provides four types of accounts: PRO ACCOUNT, ECN ACCOUNT, ISLAMIC ACCOUNT, VIP ACCOUNT. The minimum deposit requirement is $100 for the Pro Account.Account TypeMinimum DepositPRO ACCOUNT100ECN ACCOUNT2,000ISLAMIC ACCOUNT500VIP ACCOUNT50KLeverage The maximum leverage is up to 1:500. However, note that high leverage can amplify both profits and losses.Spreads and CommissionsAccount TypeMinimum DepositPRO ACCOUNT100ECN ACCOUNT2,000ISLAMIC ACCOUNT500VIP ACCOUNT50KTrading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Desktop, Mobile, WebExperienced tradersMT4❌/BeginnersDeposit and Withdrawal ZXCM supports payments through Bank Transfer, SEPA, MasterCard, VISA, Tether, and Skrill. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.