Z Forex

Hong Kong

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

Exposure

06-16

hansamuhito

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

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

Secondo

Germany

good so far. fast withdrawals. no complaints for now. idk if i could hold here more than 5k..

Positive

08-24

RupertFX

Italy

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

Positive

01-26

JimAdams

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

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

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

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

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

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

United Kingdom

ECN account has low fees. recommend that broker.

Positive

2024-11-21

Friedrich

Spain

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

Positive

2024-11-13

Silvano

Spain

Great platform, fast withdrawals, reliable support thx

Positive

2024-10-04

Klemens884

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

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

Spain

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

Positive

2024-09-20

WarrenP

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

United Kingdom

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

Positive

2024-08-16

Denis Lagarde

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

Account

Related Software

Biz Area

Website

Genealogy

Relevant Enterprises

Company Summary

News

Wiki Q&A

Comment

Account

Environment

--
Currency

--
Maximum Leverage

1:1000
SupportedEA
Minimum Deposit

$10
Minimum Spread

--
Depositing Method

--
Withdrawal Method

--
Minimum Position

0.01
Commission

$7 Forex, $15 Metals
Products

--

Products

Updated： 2025-11-01

MT4/5

White Label MT5

MT4 Servers

MT5 Servers

155.20

Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5

Perfect

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Official website

Website

zglobaltrade.com

104.21.89.108
zforex.com

23.106.37.153

Genealogy

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Relevant Enterprises

Z Forex Capital Market LLC

Active

Saint Vincent and the Grenadines

Registration No. 2145

Established 2022-04-28

Related sources Website Announcement

Company Summary

Z Forex Review Summary
Founded	2006
Registered Country/Region	Bulgaria
Regulation	Unregulated
Market Instruments	Forex, Stocks, Indiices, Commodities, Metals,
Demo Account	✅
Islamic Account	✅
Leverage	Up to 1:1000
Spread	From 0 pips
Trading Platform	cTrader, MT5
Minimum Deposit	$10
Customer Support	Live 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 Restriction	Democratic 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.

Pros and Cons

Pros	Cons
Three account types	Commission charged
MT5 supported	No regulation
Multiple contact channels	Regional 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.

What Can I Trade on Z Forex?

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

Trading Asset	Available
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 Platform	Standard	ECN	Swap Free
Minimum Deposit	$10	$10	$2,500
Maximum Leverage	1:1000		1:500
Commission	$0	$7 Forex, $15 Metals	$10 Forex, $15 Metals
Spread	1.2 pips	from 0 pips	0.7 pips
Minimum Trade	0.01 lot
Margin Call	100%
Stop Out	30%

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 Equity	Maximum Leverage
$0 – 999	1:1000
$1,000 – 2,499	1:800
$1,500 – 7,999	1:500
$8,000 – 19,000	1:400
$20,000 – 39,999	1:300
$40,000 – 74 999	1:200
$75,000 and above	1:100

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 Platform	Standard	ECN	Swap Free
Maximum Leverage	1:1000		1:500
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 Platform	Supported	Available Devices	Suitable for
cTrader	✔	Desktop, Mobile, Web	/
MT5	✔	Desktop, Mobile, Web	Experienced traders
MT4	❌	Desktop, Mobile, Web	Beginners

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 Types	Methods
Credit Card	Visa, MasterCard
Wire Transfer	Help2Pay, Payment Asia, Transact 365
e-Wallets	SticPay, Jeton, Fasapay, MOMO, Promptpay, True Money, Duitnow
Crypto	Bitcoin, Ethereum, Litecoin, Tether (TRC20), Tether (ERC20), USD Coin

Deposit Options

Deposit Options	Minimum Deposit	Deposit Fees	Deposit Time
Credit Card	$10	0	Instant
Wire Transfer			Same Day
e-Wallets			Within 1 working day
Cryptos			Within 1 working day

Withdrawal Options:

Withdrawal Options	Minimum Withdrawal	Withdrawal Fees	Withdrawal Time
Credit Card	$10	4.2+$1	Instant
Wire Transfer		1.5%	Same Day
e-Wallets		1.5%	Within 1 working day
		SticPay: 2.5+$0.3
		Jeton: $1+0.5
		Fasapay: 0.5%
Cryptos		Network Fee

Keywords

2-5 years
Suspicious Regulatory License
White label MT5
High potential risk

News

Exposure ZForex Review Alert: 5 Red Flags About Its Regulation, Leverage & Withdrawal

ZForex Capital Market LLC (zforex.com) claims to be regulated by the Mwali International Services Authority (MISA), holding Brokerage License number T2023321. However, this level of regulation is not considered as reliable or secure as that provided by top-tier regulatory bodies such as the FCA (UK), ASIC (Australia), or SEBI (India). Therefore, traders are advised to exercise caution due to the weaker regulatory oversight.

2025-09-25 17:32

Exposure WikiFX Review: Is it okay to invest in Z Forex

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

Wiki Q&A

WoodCrusher

1-2 years

What trading platforms can I use on Z Forex?

Z Forex offers cTrader and MT5, both of which are well-known platforms. I prefer MT5 for its advanced charting and analysis tools, and it suits my trading style well. cTrader, on the other hand, is ideal for forex and CFD traders who need a streamlined interface. I’m happy to have both options available.

What’s my take on Z Forex’s fees?

Z Forex offers competitive fees depending on the account type. The Standard account has no commissions, but the spread is a bit higher at 1.2 pips. The ECN account, on the other hand, has a spread from 0 pips but charges commissions for both forex and metals trades. I think for traders like me, it’s about finding the right balance between the spread and commission that suits my trading style.

How do I feel about Z Forex’s regulation?

Z Forex is unregulated, which honestly gives me some concerns. As a trader, I prioritize security, and when there’s no official oversight, I feel more exposed to risk. Sure, Z Forex has been around since 2006, but I would rather trade with a broker that has a strong regulatory framework backing it.

How does the unregulated status affect my view of Z Forex?