zForex Journal
| Journal status: live zForex joined in | not yet |
zForex Profile
Website
Year
2022
Country
SVG
Branches
3
Regulation
not regulated
Registration
FSA SVG, MISA Comoros
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Japan, Turkey, US
Broker type
STP, DMA, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
20 ms
LPs total
2
LPs quality
not disclosed
LPs names
not disclosed
zForex Accounts
DMA
ECN
Minimum Deposit
10 $
10 $
Leverage
1000 : 1
1000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.2 pips
0 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
10 lots
10 lots
Margin Call
100 %
100 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Help2Pay, Payment Asia, Transact 365, STICPAY, Jeton, FasaPay, MOMO, Promptpay, True Money, Duitnow, Bitcoin, Ethereum, Litecoin, Tether, USD Coin
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: zForex broker profile
Is zForex safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG, MISA Comoros
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is zForex trusted?
- Information transparency: sufficient
★★★ - Customer service: ...
- zForex website: highly detailed, updated
★★★★★ - zForex popularity (by visitor count): low visits
★★
How zForex works
Our ECN Account offers competitive pricing with a $10 commission per Forex lot, $15 for metals, and a tight spread approaching '0' pip.
https://zforex.com/account-types/ecn/
1.6. All orders are executed through a direct agreement with Z Forex. The Company acts as a
counterparty to all transactions and acts as the principal party and not as an agent of the client.
https://zforex.com/services/file/best_execution_policies-4.pdf
You understand and agree that
Z Forex is acting as an agent in the Transactions that are the subject of this Agreement; however,
Z Forex may also act as principal if deemed necessary.
In the event of fixed losses in the form of a negative balance in one or more of your Accounts, the Company reserves the unilateral right to offset such losses using the positive balance in your other Accounts.
In the event of fixed losses in the form of a negative balance in one or more of your Accounts, the Company reserves the unilateral right to offset such losses using the positive balance in your other Accounts.
https://zforex.com/services/file/customer_agreement-1.pdf
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