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Z Forex

Saint Vincent and the Grenadines | 2-5 years |
Suspicious Regulatory License | High potential risk

https://zforex.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Turkey 3.62
Surpassed 14.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 744 147 7121
info@zforex.com
https://zforex.com/
Sofia, Olimpiyska Str. "SiteGround", Sofra Park, fl.4, No.z,PO Box 1756, Sofia, Bulgaria

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-06-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
Z Forex Capital Market LLC
Customer Service Email Address
info@zforex.com
Contact Number
+447441477121
Company Website

FX3092516162

Unverified

Hong Kong

They deducted all my withdrawals, a total of $3200, this is a black platform

Exposure

In a week

hansamuhito

Unverified

Indonesia

My withdrawal has been on hold by ZForex since October 23, 2024, without any given reason. Previously, ZForex accused me of abuse, but they provided no proof. This is just an excuse not to pay out the profits. Be careful, this broker is a scam.

Exposure

2024-11-09

MuhammadSadiq

Unverified

Pakistan

This is new form of scam, i am writing that they removed my deposit and bonus to liquidate my positions, they are worst scammers

Exposure

2024-08-27

RupertFX

Unverified

Italy

I've traded indices like the NASDAQ with zForex reliable broker

Positive

01-26

JimAdams

Unverified

Malaysia

If I were to summarize my overall positive experience: great trading conditions. the leverage up to 1:1000 low minimum deposit the mt5 platform is easy to navigate

Positive

01-25

Benedikt

Unverified

Italy

I focus on EUR/USD, and gold. I can say that spreads on zForex are generally low. Floating but never too high

Positive

01-23

Elwin7143

Unverified

Italy

Withdrawals are processed quickly. I tried 3 or 4 withdrawals, I don't remember how much in each but they processed all within few hours, doesn't matter small or bigger amount

Positive

2024-12-28

Alex Maier

Unverified

Germany

supports crypto and debit card payments Honestly I didn’t have any higher expectations, but I can say it completely meets my needs... I’ll update my experiences

Neutral

2024-12-15

Leonardo34

Unverified

United Kingdom

$10 needed to get started MT5 available tight spreads swap free account! -What more could I ask for

Positive

2024-12-01

ChristopheS

Unverified

Norway

my withdrawal experience with zForex has been positive—funds are processed quickly, which is important for maintaining confidence in a broker.

Positive

2024-11-26

Theodore-Roger

Unverified

United Kingdom

ECN account has low fees. recommend that broker.

Positive

2024-11-21

Friedrich

Unverified

Spain

If you're comfortable with high leverage and understand the associated risks zFx provides the tools you need

Positive

2024-11-13

Silvano

Unverified

Spain

Great platform, fast withdrawals, reliable support thx

Positive

2024-10-04

Klemens884

Unverified

Norway

Customer service at ZForex has been quick to respond to my inquiries. The platform is stable, and I’ve had no major issues. The spreads are competitive, making it a reliable choice.

Positive

2024-09-24

julesguillon

Unverified

United Kingdom

Depositing funds into my ZForex account was instant, which was a plus. I used USDT and everything went smoothly. The withdrawal took about 1 day which is really fast. The platform itself is fantastic and the spreads are competitive. Had a minor issue with the bonus, but support helped me sort it out quickly ;))

Positive

2024-09-22

Malachi

Unverified

Spain

Good customer service. The 30% bonus was a nice addition, but there are some conditions required

Positive

2024-09-20

WarrenP

Unverified

Spain

good broker with tight spreads and fast execution. I had a minor issue with the bonus system but support was helpful and quickly resolved the issue. It was better than I expected, thank you

Positive

2024-09-08

Kristofer

Unverified

United Kingdom

Customer support was very helpful when I needed help, I want to thank them for it.

Positive

2024-08-16

Denis Lagarde

Unverified

Spain

The market analysis offered in the zForex website is really helpful. I can keep track of the certain assets thanks to this section.

Positive

2024-08-11

Aime Payet

Unverified

Spain

Deposited funds using crypto. Didn't have any problems.

Positive

2024-08-08

Francois Normand

Unverified

Spain

zForex is reliable and also offers low spreads, which is not an easy combination.

Positive

2024-08-02

IngoF

Unverified

United Kingdom

Trading conditions at Zforex are better than many brokers. Spreads are lower especially for major products. I prefer ECN account, commission is affordable

Positive

2024-07-27

Iacopo Parisi

Unverified

Serbia

I lost my initial deposit due to my mistakes, but Zforex's support team was helpful in guiding me on better risk management strategies. I switched to a Swap-Free account since I hold positions overnight.

Positive

2024-07-20

57
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Website

zglobaltrade.com
104.21.89.108
zforex.com
23.106.37.153

Company Summary

Z Forex Review Summary
Founded2006
Registered Country/RegionBulgaria
RegulationUnregulated
Market InstrumentsForex, Stocks, Indiices, Commodities, Metals,
Demo Account
Islamic Account
LeverageUp to 1:1000
SpreadFrom 0 pips
Trading PlatformcTrader, MT5
Minimum Deposit$10
Customer SupportLive Chat, Contact Form
Phone: +44 744 147 7121,
Email: info@zforex.com
Company Address: Sofia, Olimpiyska str., SiteGround, Sofia Park, fl. 4, No: 2, post code: 1756, Bulgaria
Social Media: Telegram, Twitter, YouTube, WhatsApp, Instagram
Regional RestrictionDemocratic People's Republic of Korea, Iran, Myanmar, United States of America, Turkey

Z Forex Information

Registered in 2006, Z Forex is an unregulated online broker based in Bulgaria, offering trading in market instruments such as forex, metals, indices, commodities, and stocks. With a minimum deposit of $10, Z Forex offers one demo account and three types of live accounts. The leverage is up to 1:1000 on this platform. Z Forex does not accept clients from the Democratic People's Republic of Korea, Iran, Myanmar, the United States of America, or Turkey.

Z Forex's homepage

Pros and Cons

ProsCons
Three account typesCommission charged
MT5 supportedNo regulation
Multiple contact channelsRegional Restrictions
Low minimum deposit requirement
Demo accounts available
Various payment methods

Is Z Forex Legit?

Z Forex has not been regulated, which means activities on this platform are operated without regulatory oversight.

No license

What Can I Trade on Z Forex?

Traders on Z Forex get access to tradable instruments, including forex, stocks, indices, commodities, and metals.

Trading AssetAvailable
forex
metals
commodities
indices
stocks
cryptocurrencies
bonds
options
funds
ETFs

Account Type

Z Forex offers a demo account for traders to test this platform without risking real money.

Apart from the demo account, ZForex offers three types of live accounts: Standard, ECN, and Swap Free (Islamic).

Trading PlatformStandard ECN Swap Free
Minimum Deposit$10$10$2,500
Maximum Leverage1:10001:500
Commission$0$7 Forex, $15 Metals$10 Forex, $15 Metals
Spread1.2 pipsfrom 0 pips0.7 pips
Minimum Trade0.01 lot
Margin Call100%
Stop Out30%
Account comparison

Leverage

This platform offers leverage up to 1:1000. However, higher leverage significantly increases risk exposure. Traders should exercise caution.

ZForex also offers dynamic leverage, which is a feature that automatically adjusts traders' maximum leverage based on their account equity. zForex claims to employ transparent equity tiers to set your maximum leverage. The table below outlines how leverage adjusts automatically based on traders' account equity:

Account EquityMaximum Leverage
$0 – 9991:1000
$1,000 – 2,4991:800
$1,500 – 7,9991:500
$8,000 – 19,0001:400
$20,000 – 39,9991:300
$40,000 – 74 9991:200
$75,000 and above1:100
Leverage

Z Forex Fees

Z Forex provides distinct spreads for each account: For the Standard account, the spread is 1.2 pips; for the ECN account, the spread can be as low as 0 pips; when it comes to the Swap Free account, it's 0.7 pips.

In terms of commission, Z Forex charges 0 commission for Standard accounts. However, when it comes to ECN account users, Z Forex does charge $7 for forex trading and $15 for metals trading. For Swap Free account users, the commission is $10 for forex trading, $15 for metal trading.

Trading PlatformStandard ECN Swap Free
Maximum Leverage1:10001:500
Commission$0$7 Forex, $15 Metals$10 Forex, $15 Metals

Trading Platform

Z Forex provides access to two popular trading platforms for traders to choose from: cTrader and MT5.

  • cTrader: A popular multi-asset trading platform developed by Spotware, designed primarily for forex and CFD trading.
  • MT5: The successor to MT4, developed by MetaQuotes, is a widely used platform for trading forex, stocks, commodities, indices, and cryptocurrencies.
Trading PlatformSupported Available Devices Suitable for
cTraderDesktop, Mobile, Web/
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners
cTrader
MT5

Deposit and Withdrawal

Credit Card, Wire Transfer, e-Wallets, and Crypto are available payment types on Z Forex, each has distinct methods and conditions.

Payment TypesMethods
Credit CardVisa, MasterCard
Wire TransferHelp2Pay, Payment Asia, Transact 365
e-WalletsSticPay, Jeton, Fasapay, MOMO, Promptpay, True Money, Duitnow
CryptoBitcoin, Ethereum, Litecoin, Tether (TRC20), Tether (ERC20), USD Coin

Deposit Options

Deposit Options Minimum Deposit Deposit Fees Deposit Time
Credit Card$100Instant
Wire TransferSame Day
e-WalletsWithin 1 working day
Cryptos

Withdrawal Options:

Withdrawal Options Minimum Withdrawal Withdrawal Fees Withdrawal Time
Credit Card$104.2+$1Instant
Wire Transfer1.5%Same Day
e-Wallets1.5%Within 1 working day
SticPay: 2.5+$0.3
Jeton: $1+0.5
Fasapay: 0.5%
CryptosNetwork Fee
Deposit
Withdrawal

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • High potential risk

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