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Z Forex

Bulgaria|1-2 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|


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MT4/5 Identification

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Server Name
ZForexcapitalmarket-Server MT5
Server Location Netherlands


+44 7700 192430
Sofia, Olimpiyska Str. "SiteGround", Sofra Park, fl.4, No.z,PO Box 1756, Sofia, Bulgaria


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

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Broker Information


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Warning: Low score, please stay away!
Previous Detection : 2023-12-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Z Forex · Company Summary

Aspect Information
Registered Country/Area Saint Vincent and the Grenadines
Company Name Z Forex Capital Market LLC
Regulation Unregulated
Minimum Deposit $10 (ECN Account), $1,000 (STD Account), $2,500 (SWAP FREE Account)
Maximum Leverage Up to 1:1000
Spreads ECN Account: 0 pips; STD Account: 0.5 pips; SWAP FREE Account: 0.7 pips
Trading Platforms MetaTrader 5 (MT5), Mobile Apps (Android and iOS), MetaTrader Web App
Tradable Assets Forex, Commodities, CFDs, Cryptocurrencies
Account Types ECN Account, STD Account, SWAP FREE Account
Demo Account Available
Islamic Account SWAP FREE Account
Customer Support Physical Address, Email, Direct Phone Line, Message Form
Payment Methods STICPAY, Bitcoin, Tether, Ethereum, Litecoin
Educational Tools Not provided


Z Forex Capital Market LLC, based in Saint Vincent and the Grenadines, is an unregulated forex broker offering a versatile range of trading options, including Forex, Commodities, CFDs, and Cryptocurrencies. Traders can choose from ECN, STD, and SWAP FREE account types, each with varying minimum deposits and spreads. The broker provides a high leverage of up to 1:1000 and offers MetaTrader 5 (MT5), mobile apps, and a web platform for seamless trading. A Demo Account is available for practice, along with a SWAP FREE Account for Islamic trading. Customer support is accessible through multiple channels, and payment methods include STICPAY, Bitcoin, Tether, Ethereum, and Litecoin. While educational tools are not provided, Z Forex caters to diverse trading preferences with its array of account types and assets.



Z Forex is an unregulated forex broker operating without oversight from financial authorities. While it offers flexibility and potential for higher leverage, there are significant risks. Unregulated brokers lack oversight, increasing the risk of fraud and poor trading conditions. Traders have no investor protection or recourse if issues arise. It's recommended to prioritize regulated brokers for a safer trading environment with better safeguards and accountability.


Pros and Cons

Pros Cons
Wide Range of Trading Options Unregulated Status
Multiple Account Types Lack of Regulatory Oversight
High Leverage Up to 1:1000 Absence of Educational Resources
Diverse Payment Methods Potential for Poor Trading Conditions and Fraud
Advanced Trading Platforms Lack of Investor Protection
Accessible Customer Support

Z Forex Capital Market LLC, an unregulated forex broker located in Saint Vincent and the Grenadines, offers traders a versatile range of trading options, including Forex, Commodities, CFDs, and Cryptocurrencies. The broker provides a selection of account types, each catering to different trader preferences and capital levels. With high leverage of up to 1:1000 and advanced trading platforms like MetaTrader 5 (MT5), mobile apps, and a web platform, Z Forex aims to offer a seamless trading experience. However, the lack of regulation poses significant risks, including the potential for fraud and poor trading conditions. Despite its diverse offerings, Z Forex does not currently provide educational resources, requiring traders to seek external education. Traders should carefully weigh the advantages of the broker's features against the risks associated with its unregulated status before considering it as a trading platform.

Market Instruments

The broker offers a wide array of trading instruments to suit diverse trader preferences. These instruments include Forex, Commodities, CFDs (Contracts for Difference), and Cryptocurrencies.

Forex (Foreign Exchange):

Traders can engage in currency pairs like EUR/USD and capitalize on exchange rate fluctuations. The Forex market operates 24/5, providing ample trading opportunities.


Commodities trading encompasses precious metals, energy resources, and agricultural products. This allows traders to speculate on price movements of essential physical goods.

CFDs (Contracts for Difference):

Through CFDs, traders can speculate on stocks, indices, commodities, and currencies without owning the assets. Flexibility and diverse exposure are advantages, but risks include leverage.


The broker offers trading in cryptocurrencies like Bitcoin and Ethereum. This dynamic market involves high volatility and decentralized technology.

Market Instrument Description Example Advantages Risks
Forex Trading currency pairs to profit from exchange rates. EUR/USD, GBP/JPY High liquidity, global accessibility Exchange rate volatility, geopolitical factors
Commodities Trading raw materials like gold, oil, etc. Gold, Crude Oil Diversification, exposure to global economies Supply-demand fluctuations, geopolitical risks
CFDs Speculating on asset price movements without owning. Apple stock, S&P 500 Diverse asset exposure, leveraged trading Leverage risks, potential for amplified losses
Cryptocurrencies Trading digital currencies using blockchain tech. Bitcoin, Ethereum High volatility, decentralized nature Regulatory uncertainty, technological risks

Account Types:

Z Forex offers a tiered selection of trading accounts—ECN, STD, and SWAP FREE—tailored to different trader needs and capital levels.

ECN Account:

For traders seeking tight spreads and direct market access. Minimum deposit: $10. Spread: 0 pips. Commission: $10 for Forex, $15 for Metals. Leverage up to 1:1000. Margin call: 100%. Stop out: 20%. No swap-free option.

STD Account:

Designed for cost-efficient trading. Minimum deposit: $1,000. Spread: 0.5 pips. No commission. Leverage up to 1:1000. Margin call: 100%. Stop out: 30%. No swap-free option.

SWAP FREE Account:

For interest-free trading. Minimum deposit: $2,500. Spread: 0.7 pips. Commission: $10 for Forex, $15 for Metals. Leverage up to 1:1000. Margin call: 100%. Stop out: 50%. Offers swap-free trading.

Traders can choose the account type that aligns with their trading style and preferences. Here's a concise table summarizing the key features:

Account Type Min Deposit Commission Spread Max Leverage Margin Call Stop Out Swap Free
ECN $10 $10 Forex, $15 Metals 0 pip 1:1000 100% 20% No
STD $1,000 $0 0.5 pip 1:1000 100% 30% No
SWAP FREE $2,500 $10 Forex, $15 Metals 0.7 pip 1:1000 100% 50% Yes

Selecting the right account type ensures traders can optimize their trading experience based on individual requirements.



Z Forex offers a maximum trading leverage of up to 1:1000. This leverage allows traders to control larger positions with a relatively smaller amount of capital. Leverage is a powerful tool that magnifies both potential profits and potential losses. With a leverage of 1:1000, traders can trade with a position size that is a thousand times larger than their invested capital. While higher leverage can enhance the potential for significant gains, it also increases the risk of substantial losses. It's essential for traders to use leverage judiciously, employ risk management strategies, and be aware of the increased exposure and volatility that come with higher leverage levels.

Spreads & Commissions

Z Forex provides a flexible approach to spreads and commissions, tailoring them to different trading accounts to accommodate diverse trader preferences.


The ECN account offers a precise spread of 0 pips, while the STD account balances cost-efficiency with a spread of 0.5 pips. The SWAP FREE account, designed for interest-free trading, provides a spread of 0.7 pips. These varying spreads cater to traders with different priorities and strategies.


The ECN and SWAP FREE accounts include commission charges of $10 for Forex and $15 for Metals. On the other hand, the STD account doesn't impose any commission, which is advantageous for those seeking all-inclusive pricing. This diverse commission structure empowers traders to make informed decisions based on their preferences.

In summary, Z Forex's tailored spreads and commission offerings allow traders to select terms that align with their trading goals. Considering these factors is crucial when choosing an account type, as they impact trading costs and overall profitability.

Deposit & Withdrawal

Regarding Z Forex's services, the minimum deposit is $10, which can vary based on the chosen payment method. Three distinct trading accounts are offered, each with its minimum deposit:

  1. ECN Account: Requires a $10 minimum deposit.

  2. STD Account: Mandates a minimum deposit of $1,000.

  3. Swap-Free Account: Involves a minimum deposit of $2,500.

To enhance convenience, Z Forex provides diverse payment methods for its clients. These include:


  • Bitcoin

  • Tether

  • Ethereum

  • Litecoin

This range of options ensures flexibility for managing deposits and withdrawals efficiently. As potential traders decide on deposits or withdrawals, it's prudent to review the minimum deposit criteria associated with their desired account type. Exploring available payment methods empowers informed decisions aligned with individual preferences.


Trading Platforms

Z Forex presents advanced trading platforms for all levels of traders. These platforms offer innovative tools, real-time data, and user-friendly interfaces, ensuring seamless trading. Here's a glimpse:

  1. MetaTrader 5 (MT5):

    MT5, developed by MetaQuotes, offers advanced charting, customizable layouts, and technical indicators for comprehensive market analysis. It supports diverse assets and features an economic calendar, catering to traders of all levels.

  2. Mobile Apps (Android and iOS):

    Trade on the move with mobile apps. Access real-time prices, charts, and execute orders on Android and iOS devices, seizing opportunities anywhere.

  3. MetaTrader Web App:

    Trade without downloads using the web-based platform. Access real-time market data, execute trades, and manage accounts from any internet-connected device.


In summary, Z Forex's trading platforms cater to different styles. Whether you prefer advanced analysis, mobile trading, web accessibility, or skill development, our platforms elevate trading and support your goals.

Customer Support

Z Forex emphasizes accessible communication, offering several avenues to connect with their dedicated customer support team:

  • Physical Address: Visitors can engage in person at Sofia, Olimpiyska Str. “SiteGround,” Sofra Park, fl.4, No.2, PO Box 1756, Sofia, Bulgaria.

  • Email: Send queries to for prompt responses.

  • Direct Phone Line: Reach out via the direct phone line at +44 7700 192430.

  • Message Form: Utilize the provided form, including name, email, phone number, and subject, for digital contact.

Educational Resources

Z Forex does not currently offer specific educational resources for traders. While some brokers provide educational materials such as articles, tutorials, and webinars to enhance traders' skills and knowledge, Z Forex does not have such resources available at this time. Traders looking for educational content to support their trading journey may need to seek external sources or consider other brokers that provide comprehensive educational resources. It's important for traders to assess their individual learning needs and preferences when choosing a trading platform that aligns with their goals.


Z Forex operates as an unregulated forex broker, offering a diverse range of trading instruments including Forex, Commodities, CFDs (Contracts for Difference), and Cryptocurrencies. While they provide various account types such as ECN, STD, and SWAP FREE with distinct features, traders must be aware that Z Forex lacks regulatory oversight, potentially exposing them to risks associated with unregulated brokers. The broker offers a high maximum trading leverage of up to 1:1000, which can amplify both profits and losses significantly. Spreads and commissions vary across account types, catering to different trader preferences. Clients can make deposits and withdrawals using various payment methods. Z Forex provides advanced trading platforms like MetaTrader 5 (MT5), mobile apps for Android and iOS, and a web-based platform. While the broker offers accessible customer support through different channels, it's important to note that Z Forex does not currently offer educational resources for traders. Traders seeking educational content should consider external sources or alternative brokers that offer comprehensive educational materials.


Q: Is Z Forex regulated?

A: No, Z Forex is an unregulated forex broker operating without oversight from financial authorities.

Q: What is the maximum leverage offered by Z Forex?

A: Z Forex offers a maximum trading leverage of up to 1:1000.

Q: What account types does Z Forex offer?

A: Z Forex offers ECN, STD, and SWAP FREE accounts, each with distinct features and minimum deposits.

Q: Are educational resources provided by Z Forex?

A: No, Z Forex does not currently offer educational resources for traders.

Q: How can I contact Z Forex's customer support?

A: You can reach Z Forex's customer support team via physical address, email, direct phone line, or message form on their website.


WikiFX Review: Is it okay to invest in Z Forex

ExposureWikiFX Review: Is it okay to invest in Z Forex

2023-10-23 17:37

This article is about to give you a comprehensive understanding of a broker called Z Forex. We analyze this broker based on various aspects, and you should not miss it.

2023-10-23 17:37
WikiFX Review: Is it okay to invest in Z Forex

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Zforex is a solid broker with tight spreads and a fast platform, particularly evident when trading USD/JPY. Despite tripling my $200 deposit in two weeks, I didn't notice any change in execution or trading conditions. I hope for continued fair practices and contined considerate adjustments to the spread during news.
2023-12-03 04:06
I joined zfx 3 week back and already I make money in trading Cable crosses also USD/JPY. I am still not in advanced trading but I am scalping also day trading. Price quote in here is 5 digit so it is very good with spread is small. I make my first withdrawal to my account in only 5 hours so I will recommend this platform to others.
2023-11-28 03:28
I stumbled upon ZForex through a banner on a forex site I admire, which was a positive first impression. I must commend their onboarding and account opening process, which was smooth. Their trading conditions are favorable, but I believe the ECN commissions could be more competitive. Integrating with TradingView would enhance their platform significantly. Despite these minor issues, I'd say ZForex is a great choice for traders.
2023-11-26 16:05
I liked the first deposit bonus at zforex, but what didn't sit right with me was the one-month limit. I don't quite grasp the reasoning behind it. The longer I trade, the greater the risk, and as an active trader, this time constraint feels unnecessary. Sometimes, I come across excellent trading opportunities only once or twice a month, so this limitation is a downside. I really wish the bonus didn't expire after just one month.
2023-11-20 21:24
I think ZForex's crypto offerings are quite limited. They offer only 5 major cryptos for CFD trading. -BCHUSD - BTCUSD - ETHUSD -XRPUSD -LTCUSD but with decent trading conditions. While it's convenient that they allow crypto deposits and withdrawals using Stic Pay, I've noticed that Stic Pay can be expensive. This means I need to accumulate significant profits before making a substantial withdrawal. On the positive side, ZForex's trading conditions are fair, and I don't have any significant criticisms in that department.
2023-11-12 00:48
I find myself leaning toward the ECN account with zforex, despite not being an experienced trader, mainly due to its low 20% stop-out level. While this level typically suits experienced traders comfortable with higher risk, I'm drawn to the potential for active position management. It allows me to learn the ropes while still benefiting from the lower stop-out, albeit with caution. It's a calculated risk that aligns with my learning approach and risk tolerance.
2023-11-04 17:22
Moritz Lange
I've found the high leverage from z forex's ECN I account to be really useful. It's set at 1:1000, and it's made a big difference in my trading. With a margin call at 100%, I have more control over my trades. The 20% stop out level acts like a safety net, letting me manage short market swings. Although there's no swap-free option, this high leverage, combined with the margin call and stop out levels, fits my trading style well. It's providing me with more trading opportunities.
2023-10-16 03:06
I'm a bit puzzled by the inconsistency between the leverage details for the $2500 - $7999 equity range and the 1:1000 leverage offered on the Swap Free account with a $2500 minimum deposit. This kind of mismatch can be confusing. That's why I prefer using their ECN account, which seems more straightforward. To be on the safe side, I also make regular withdrawals to keep my profits secure and maintain control over my leverage allowance.
2023-10-12 00:37
I quite like the support I've gotten at zforex. They're quick to respond and help me sort out any trading issues. It's clear they care about their customers' satisfaction and go the extra mile to assist. Their dedication to good customer service is definitely worth highlighting.
2023-09-26 23:04
I've been impressed with zforex's withdrawal speed. With BTC, I can swiftly access my profits, which is a big plus. Their efficiency extends beyond trading execution to fund management, which is quite reassuring. I have to give them a well deserved 5 stars
2023-09-20 18:15
Osman Ahmad
I've been trading with Z Forex for over a year now, and I can confidently say they are a trusted broker. Their deposit and withdrawal process is incredibly smooth, making it easy to manage my funds hassle-free.
2023-07-26 18:44
They called me to introduce the company, and then I opened an account and traded with a small amount, and the transaction went smoothly, and I made some money. I really want to continue trading on this platform. :)
2023-07-26 18:15
I have made many transactions on Forex. I haven't had any problems so far. Trustworthy
2023-07-26 16:54
I am really satisfied with a regulated, safe and transparent broker with strong support and fast withdrawal of funds. I can only praise the low spread and commissions.
2023-07-26 16:32
William 3223
The deposit and withdrawal are so quick and trustable.Now they serve in just Asia as far as I know.
2023-07-26 16:28
Reliable platform . The transaction experience is good, and the deposit and withdrawal speed are fast. I like it
2023-07-26 16:25
Helpful and accurate analysis and reports that enabled my investment to grow.
2023-07-26 16:18
Z Forex is a trusted broker. The deposit and withdrawal process is smooth without any hassles. Very competitive spreads and commissions.
2023-07-26 16:09
Albert Cohen
I've been trading with zforex for 2 years now, a high-quality customer support easy withdrawal process
2023-07-26 15:57
I heard that they have just opened an Asian platform, and they used to target Europe and the United States. The transaction experience is not bad, and the deposit and withdrawal speed are fast.
2023-07-17 19:49
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