Can We Trust ZFX?!

Founded in February 2017 by a group of experienced traders with decades of experience in the financial industry, ZFX is based in London, U.K. ZFX is part of the Zeal Group which specialises in offering a high level of multi-asset trading services to both retail and institutional investors.

ZFX offers a wide range of trading accounts and trading platform options, as well as a wide range of trading instruments, including currency pairs, commodities, precious metals, equities and indices.

ZFX has physical offices in several cities around the world, including London, Brussels, Moscow, Bangkok, Ho Chi Minh City, Jakarta, Abu Dhabi, Taipei and Hong Kong, and its website is also available in several foreign languages and customer service.

ZFX Deposit and Withdrawal Methods

ZFX offers a variety of deposit methods including Bank Wire, Bank Wire, VISA, MasterCard, Neteller, Skrill, Perfect Money, etc. The minimum initial deposit amount for ZFX varies depending on the user's chosen account: Micro accounts start at $50; Standard STP accounts start at $200; ECN accounts start at $1000. Each deposit must be at least $15.

As for withdrawals, the amount must be at least $15 per withdrawal. Withdrawals are returned in the same manner as deposits, so the amount withdrawn to the original payment method cannot exceed the amount originally deposited. Assuming the user makes a profit from the trade, the excess amount will be returned directly to the bank account.

ZFX will not charge any handling fees. Any fees charged by the remittance and receiving bank will be borne by the customer.

Account Types

ZFX offers 3 types of accounts, which are:

Trading Platforms

ZFX offers 2 types of trading platforms:

• MT4 platform (PC, Mobile, Web): Developed by MetaQuotes, MT4 platform is highly regarded in the industry and offers some of the best experiences for traders who value a powerful, intuitive and comprehensive trading experience.

• ZFX Mobile App: This is ZFX's own mobile trading platform that offers a one-stop operating system to achieve convenient online registration, withdrawal, deposit and trading. Traders can customize their trading products in a simple way, and can even manage up to 10 different trading accounts at the same time.

Safety

ZFX is currently protected by a number of regulatory bodies:

• The Financial Services Authority of Seychelles FSA (SD027)

• The Financial Conduct Authority FCA (FRN: 768451)

Client funds are completely segregated in designated bank accounts and therefore separate from ZFX's operating funds, ensuring that under no circumstances will they be used to pay the company's liabilities or for any other purpose.

WikiFXs Verdict

WikiFX is a global forex broker regulatory query platform that houses verified information of over 45,000 forex brokers. We research, review and rate forex brokers from various aspects to prove their credibility.

From here, it is stated that ZFX has a WikiScore of 7.15 out of 10. WikiFX also verified that the aforementioned licenses which ZFX claims to possess are indeed legitimate.