zForex Review
CONTENT
zForex processes over 10,000 transactions daily across global financial markets and provides personalized one-on-one customer support through live chat, email, phone, and an online query form. Additionally, they offer attractive bonuses and opportunities for Introducing Brokers to earn rebates and cashback.
 | Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
| Broker | zForex |
| Minimum Deposit | 10 USD |
| Spreads | Standard: From 1.2 pips, ECN: From 0.0 pips, Swap-Free: From 0.7 pips |
| Leverage | Up to 1:1000 |
| Currency Pairs | 80+ |
| Fees Commissions | ECN and Swap-Free: $7/lot (Forex), $15/lot (Metals); Standard: No commission, spread based |
| Regulation Licenses | Mwali International Services Authority (MISA), License T2023321 |
| Open an Account |  |
Overview
zForex is an internationally licensed broker, regulated by the 🇲🇼 Mwali International Services Authority (MISA) and registered in 🇻🇨 Saint Vincent and the Grenadines. Traders benefit from a secure, transparent environment, fast execution, tight spreads, diverse instruments, and high leverage, making it suitable for both beginners and experienced investors.
Frequently Asked Questions
Is zForex a regulated broker and safe to trade with?
Yes, zForex is regulated by 🇲🇼 MISA and registered in 🇻🇨 Saint Vincent and the Grenadines. The broker utilizes advanced technology and robust security protocols to safeguard client funds, promoting transparency and ensuring a secure and reliable trading experience.
What trading conditions and instruments does zForex offer?
zForex provides tight spreads starting from 0.0 pips, fast execution in milliseconds, leverage up to 1:1000, and access to diverse instruments including forex, stocks, energies, and precious metals. Multiple account types accommodate different trading styles and experience levels.
Our Insights
zForex delivers a robust and flexible trading environment, combining regulatory security, diverse instruments, high leverage, and competitive bonuses. Its emphasis on education and multilingual support makes it a strong choice for traders seeking both safety and growth opportunities in global financial markets.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Fees, Spreads, and Commissions
zForex offers traders highly competitive fees and spreads across its account types. Standard accounts provide commission-free trading, while ECN accounts deliver ultra-tight spreads with low commissions. The Swap-Free account ensures fair costs for traders who follow Islamic finance principles, making trading accessible and transparent for every style.
| Account Type | Spread | Commission | Swap-Free |
| Standard | From 1.2 pip | $0 | None |
| ECN | From 0 pip | $7 Forex $15 Metals | None |
| Swap-Free | From 0.7 pip | $10 Forex $15 Metals | Yes |
Frequently Asked Questions
What makes zForex spreads competitive?
zForex provides spreads starting as low as 0 pip on its ECN account, offering traders direct access to the market. The Standard account begins at 1.2 pips with no commission, making it a good option for beginners. Consequently, traders can choose based on cost preference.
Are commodity trades affordable with zForex?
Yes, commodity trading on zForex is designed to remain affordable. ECN and Swap-Free accounts charge modest commissions for metals, while spreads remain tight. This structure allows traders to manage costs effectively, whether they are trading gold, silver, or other commodities.
Our Insights
zForex successfully balances low spreads, fair commissions, and competitive trading costs across all accounts. This structure benefits both beginners seeking simplicity and advanced traders aiming for tight market pricing. The platform ensures that costs never overshadow trading opportunities, supporting long-term strategies.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Minimum Deposit and Account Types
zForex provides three account types tailored to different trading needs: Standard, ECN, and Swap-Free. With minimum deposits starting at just $10 for Standard and ECN accounts, traders can begin affordably. The Swap-Free option requires a larger deposit, reflecting its specialized features and flexibility.
| Account Type | Open an Account | Minimum Deposit | Max Leverage | Swap-Free |
| Standard | | 10 USD | 1:1000 | None |
| ECN | | 10 USD | 1:1000 | None |
| Swap-Free | | 2,500 USD | 1:500 | Yes |
Frequently Asked Questions
How can I select the right account type?
Choosing depends on your goals. Standard suits beginners with no commissions, ECN is best for advanced traders seeking market pricing, and Swap-Free serves those following Islamic principles. Reviewing spreads, commissions, and leverage options helps match the account to your strategy.
Can I switch accounts if my needs change?
Yes, traders can switch between account types when trading requirements evolve. For instance, you might start with a Standard account for simplicity, then transition to ECN for tighter spreads. zForex allows flexibility so traders can adapt as experience and strategies develop.
Our Insights
zForex offers flexible account types that fit both entry-level and advanced trading needs. With low minimum deposits on Standard and ECN accounts, accessibility is a strong feature. Meanwhile, the Swap-Free account provides specialized terms, ensuring a fair structure for those requiring swap-free trading conditions.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
How to Open a zForex Account
Opening a zForex trading account is a straightforward process that can be completed online. Whether you’re starting with a demo or upgrading to a live account, follow these steps to get started.
1. Step 1: Visit the zForex Website
Navigate to the official zForex website and click on the “Open Account” button to begin your registration.
2. Step 2: Complete the Registration Form
Fill out the required personal details, including your full name, email address, phone number, and country of residence. Choose a secure password and submit the form.
3. Step 3: Verify Your Email
Check your inbox for a verification email from zForex. Click on the activation link provided to confirm your email address.
4. Step 4: Submit KYC Documents
To upgrade to a live account, upload a valid government-issued ID and proof of residence to complete the Know Your Customer (KYC) verification process.
5. Step 5: Fund Your Account and Choose a Platform
After verification, log in to your account, select a deposit method, and fund your account. Choose between trading platforms like MetaTrader 5 or cTrader to start trading.
This process ensures a secure and efficient setup for your trading journey with zForex.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Safety and Security
zForex operates under the license of the Mwali International Services Authority (MISA), providing traders with a regulated and transparent trading environment. By adhering to strict international standards, zForex emphasizes client protection, fair trading practices, and a secure platform that inspires long-term confidence among retail and institutional traders.
| Regulator | License Number | Jurisdiction | Coverage |
| 🇾🇹 Mwali International Services Authority (MISA) | T2023321 | International | Securities Derivatives Forex |
Frequently Asked Questions
Who regulates zForex, and what does it mean for traders?
zForex Capital Market LLC is licensed by the 🇾🇹 Mwali International Services Authority (MISA) under Brokerage License number T2023321. This regulation ensures that zForex follows strict financial guidelines, giving traders security, transparency, and a reliable trading framework that meets global compliance requirements.
What financial activities is zForex authorized to provide?
Under its MISA license, zForex is authorized to deal in securities, derivatives, and foreign exchange contracts. Additionally, the broker can provide both general and personal trading advice to retail and wholesale clients, which ensures traders benefit from a broad and regulated service offering.
Our Insights
zForex strengthens trader confidence by operating under the authority of 🇾🇹 Mwali International Services Authority. The license supports a safe and transparent trading environment, covering securities, derivatives, and forex services. Traders benefit from both protection and trust, ensuring a secure foundation for long-term trading activities.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Trading Platforms and Tools
zForex gives traders access to two world-class trading platforms, MetaTrader 5 and cTrader. Both platforms deliver advanced tools, fast execution, and smooth functionality. MetaTrader 5 enhances analysis and multi-asset trading, while cTrader excels with its intuitive interface, sophisticated charting, and powerful copy trading options.
| Platform | Key Strengths | Special Features | Availability |
| MetaTrader 5 | Advanced analytics, automation | Multi-asset trading, trading signals | Desktop Web Mobile |
| cTrader | Clean, intuitive interface | Copy trading, customizable charts | Desktop Web Mobile |
Frequently Asked Questions
What are the key differences between MetaTrader 5 and cTrader?
MetaTrader 5 offers multi-asset trading, automated strategies, and advanced analytics. cTrader, however, is favored for its clean interface, customizable features, and copy trading functionality. Both deliver fast execution and reliable performance, ensuring traders can choose a platform that best fits their strategy and style.
Can I use both trading platforms with zForex?
Yes, traders can use both MetaTrader 5 and cTrader under the same broker. This flexibility allows users to test features across platforms, compare tools, and trade in a way that matches changing strategies. Consequently, zForex ensures a smooth experience across both platforms.
Our Insights
zForex strengthens its offering by supporting MetaTrader 5 and cTrader. Traders benefit from fast execution, versatile tools, and advanced features that suit both beginners and professionals. The combination of these platforms ensures flexibility, innovation, and a powerful environment for trading diverse financial instruments.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Markets available for Trade
zForex provides access to multiple market types so traders can diversify. You can trade more than 80 forex currency pairs, US and European stock CFDs, indices like S&P 500 and DAX, and commodities including precious metals, oil, and soft goods. The offering suits both beginners and experts.
| Market Type | Examples of Instruments | Ideal For | Liquidity Level |
| Forex Pairs | Majors minors exotics | Active traders seeking volatility | High |
| Stocks | Apple Tesla BMW Vodafone | Growth investors, diversification | Medium to high |
| Indices | S&P 500 DAX | Macro exposure, trend traders | High |
| Commodities | Gold Silver Oil Soft Commodities | Hedging, inflation protection | Medium |
Frequently Asked Questions
Can I trade exotic forex pairs at zForex?
Yes. zForex allows trading across major, minor, and exotic forex pairs. That means you can trade popular pairs like EUR/USD or USD/JPY, as well as less common pairs involving emerging market currencies. This variety gives you more opportunity for strategy flexibility.
Which commodities and indices are tradable on zForex?
You can trade precious metals like gold and silver, energy commodities such as Brent and WTI oil, and select soft commodities. On the indices side, zForex offers instruments like the S&P 500 and DAX, among others, giving access to global economic trends.
Our Insights
zForex supports a broad spectrum of markets, from forex to commodities and global stock CFDs. Because it offers diversified instruments, the broker enables traders to build balanced portfolios and explore different opportunities. This capability enhances risk management and potential returns under varying market conditions.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Deposit and Withdrawals
zForex ensures traders experience smooth and secure financial transactions through a variety of payment methods. With instant deposits on most options, zero internal commission fees, and flexible currencies, traders can fund or withdraw with confidence. The platform focuses on efficiency, transparency, and reliability for all clients.
| Payment Method | Type | Minimum Deposit | Execution Time |
| Visa Mastercard | Credit Card | 10 USD | Instant |
| SticPay Jeton FasaPay MOMO Promptpay True Money Duitnow | E-Wallets | 10 USD | Instant |
| Help2Pay Payment Asia Transact 365 | Wire Transfer | 10 USD | Same Day |
| Bitcoin Ethereum Litecoin Tether USD Coin | Crypto | 10 USD | Instant |
Frequently Asked Questions
How can I cancel a withdrawal request at zForex?
You can cancel a withdrawal request by logging into your account, selecting the “Withdrawal” section, and choosing the pending request you want to cancel. Follow the instructions provided, and if you need further support, the zForex team is available 24/7 to assist.
Are there commissions for deposits and withdrawals?
zForex does not charge any internal commission on deposits or withdrawals. However, network or provider fees may apply depending on the payment method used. For example, some currencies like CNY and INR include withdrawal commissions determined by the payment provider.
Our Insights
zForex offers a user-friendly deposit and withdrawal system with low barriers, instant transactions for many methods, and no internal fees. With multiple payment channels, including cards, e-wallets, and crypto, traders enjoy both flexibility and peace of mind while managing their trading funds.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
30% First Deposit Bonus
zForex rewards new traders with a 30% First Deposit Bonus, designed to enhance trading capital and increase leverage potential. With a minimum deposit of $100, clients can receive up to $250 in bonus funds, giving them greater flexibility and power in their initial trades.
| Requirement | Details |
| Minimum Deposit | 100 USD |
| Maximum Bonus | 250 USD |
| Max Leverage | 1:400 |
| Refundable | No (Non-Withdrawable) |
Frequently Asked Questions
How does the zForex 30% First Deposit Bonus work?
When you make your first deposit of at least $100, zForex credits your account with a 30% bonus. For example, a $100 deposit earns a $30 bonus. The maximum bonus is capped at $250, and the amount cannot be withdrawn as cash.
What are the trading conditions for the bonus?
To fully benefit, trades must either avoid being 70% one-sided or include at least three different symbols, with each symbol accounting for 20% of total volume. These rules ensure balanced trading activity while still allowing flexibility across different markets.
Our Insights
zForex’s 30% First Deposit Bonus is an appealing incentive for new traders who want to start strong. By offering up to $250 in bonus funds, the broker supports larger trade sizes and higher leverage, giving traders the chance to maximize opportunities from the very beginning.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
20% Re-Deposit Bonus
zForex keeps traders engaged by offering a 20% Re-Deposit Bonus on every new deposit. With a minimum deposit of $100 and a maximum bonus of $250, this promotion helps traders expand their capital, explore more strategies, and capitalize on diverse market opportunities.
| Requirement | Details |
| Minimum Deposit | 100 USD |
| Maximum Bonus | 250 USD |
| Max Leverage | 1:400 |
| Refundable | No (Non-Withdrawable) |
Frequently Asked Questions
How does the 20% Re-Deposit Bonus work at zForex?
Each time you make a new deposit of at least $100, zForex adds 20% of the deposit amount to your trading account. For example, depositing $100 gives you an extra $20 in bonus funds. The maximum bonus you can accumulate is $250.
What are the conditions for trading with this bonus?
To qualify, trades must either avoid being 70% one-sided or involve at least three different symbols, with each symbol making up 20% of the volume. These conditions encourage balanced trading, while still allowing flexibility to apply different strategies.
Our Insights
zForex’s 20% Re-Deposit Bonus is a valuable incentive for active traders who frequently fund their accounts. With the potential to add up to $250 in extra capital, this promotion supports sustained trading activity, enhances market exposure, and provides the flexibility to manage evolving strategies effectively.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Introducing Broker Program
zForex offers an Introducing Broker program that allows partners to earn rebates of up to $15 per lot and commission cashback of up to 100% of the spreads. With advanced tools, transparent reporting, and dedicated support, the program empowers individuals to build profitable partnerships.
| Feature | Details |
| Rebate Per Lot | Up to $15 |
| Commission Cashback | Up to 100% of spreads |
| Partner Resources | IB Portal Marketing Materials Support |
| Payments | Fast and flexible methods |
Frequently Asked Questions
How does the zForex IB program reward partners?
The IB program provides generous rebates, with earnings up to $15 per lot traded by referred clients. Additionally, partners can access commission cashback schemes of up to 100% of the spreads, ensuring a rewarding system that directly links performance with earnings.
What resources are available to zForex IB partners?
IBs receive access to an advanced portal with real-time reporting, professional marketing materials, and special bonuses for both themselves and their referrals. They also benefit from one-on-one support, ensuring they can grow their network and business effectively.
Our Insights
zForex’s Introducing Broker program combines attractive rebates, reliable payments, and transparent operations. With professional resources and personalized support, the program creates opportunities for long-term partnerships while allowing IBs to monetize their networks effectively. It is a strong choice for those looking to expand in financial markets.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Customer Support
zForex provides a dedicated Solution Center designed to deliver personalized, one-on-one support. Whether traders need account guidance, platform help, or technical assistance, the expert team ensures timely and professional responses. With multiple contact options, reaching support is simple and efficient.
Frequently Asked Questions
How can I contact zForex for support?
Traders can connect with the zForex support team by phone, email, or through the online message form. The Solution Center ensures inquiries are handled quickly, with expert assistance available for account management, trading platforms, and technical issues.
Where is zForex located, and what are the contact details?
zForex’s office is located in 🇧🇬 Bulgaria, Sofia, Olimpiyska str., SiteGround, Sofia Park, fl. 4, No: 2, post code: 1756. You can also contact the team by phone at +44 744 147 7121 or via email at [email protected].
Our Insights
zForex’s contact options ensure traders always have access to timely and expert assistance. By offering direct communication channels, professional support, and a clear physical presence, the company builds trust and delivers the reliability traders need to stay focused on their goals.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Customer Reviews and Trust Scores
zForex generally earns strong praise on review platforms. Users frequently highlight fast execution, tight spreads, clear fee structures, smooth withdrawals, and responsive customer service. Some complaints emerge around withdrawal denials tied to bonus misuse claims and slower verification processes. Overall, trust appears high despite a few concerns.
| Source | Trust/Rating (5) | What is praised | What is criticized |
| Trustpilot | 4.5 | Reliable execution, ease of deposits/withdrawals, transparency | Verification delays, occasional withdrawal issues |
| TradersUnion | 4.7 | Positive sentiment, low complaints | Regulatory clarity is still a concern for some |
Despite some negative feedback, sentiment remains positive overall—many users say the positives outweigh the negatives if one checks the terms carefully.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Discussions and Forums about zForex
In forums like BabyPips and EarnForex, users share both praise and warnings about zForex. Participants often appreciate transparency in trading costs (like swap rates and spreads), and the availability of MT5 and cTrader platforms.
On the other hand, there are ongoing concerns over withdrawals that are denied, “bonus abuse” claims, and what some see as ambiguous regulatory details.
| Topic | Common Views | Noted Warnings |
| Spreads Costs | Tight spreads, clean swaps; no surprises in fee structure | Swap rates differ per instrument, some account types cost more |
| Withdrawal/ Bonus Issues | Some users report smooth withdrawals | Others report denials citing “bonus misuse” or vague violation claims |
| Regulation/ Licensing | Registered in Saint Vincent and the Grenadines; mention MISA license | Some users doubt scope or strength of regulatory protections |
Forum discussions suggest that zForex works well for many, though potential users should be cautious with bonus terms and thoroughly review the withdrawal policies.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Employee Overview and Working for zForex
Limited information from employee reviews suggests mixed experiences. Some employees mention strong support, good opportunities, and fast-paced work. Others cite issues like unclear advancement, morale challenges, or gaps in internal structure. It appears to be a small but growing company with room to improve in HR and management practices.
| Aspect | What Employees Like | Common Frustrations |
| Support Team Dynamics | Helpful teams chance to learn quickly | Clarity of roles and management consistency |
| Work Environment | Fast paced exposure to different tasks | Burnout risk; unclear policies for advancement |
| Compensation Benefits | Competitive in some roles | Lack of transparency; average in others |
Employee feedback suggests zForex offers valuable experience, especially for those entering the fx/CFD sector, though internal structure and stability may vary.
| Minimum Deposit: $10 Regulated by: MISA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Low minimum deposit | Limited regulatory oversight |
| Multiple account types | Few local offices |
| Tight spreads | Limited global reputation |
| MT4 and MT5 support | No tier-1 regulation |
| 24/7 customer support | Website lacks depth |
References:
In Conclusion
zForex is registered in Saint Vincent and the Grenadines but operates a physical office in Bulgaria. Their customer support includes phone, email, live chat, and other online channels. Countries where zForex has local offices or registered presence include:
- 🇻🇨 Saint Vincent and the Grenadines
- 🇧🇬 Bulgaria
Their support reach appears global through multilingual support and many communication channels, rather than having many local offices in multiple countries.
Faq
Yes, zForex is regulated by MISA and registered in Saint Vincent and the Grenadines.
zForex offers forex, stocks, energies, precious metals, and other CFDs.
The minimum deposit starts at $50, depending on the account type.
Yes, zForex provides deposit bonuses up to $1000 and other promotional rewards.
- Overview
- Fees, Spreads, and Commissions
- Minimum Deposit and Account Types
- How to Open a zForex Account
- Safety and Security
- Trading Platforms and Tools
- Markets available for Trade
- Deposit and Withdrawals
- 30% First Deposit Bonus
- 20% Re-Deposit Bonus
- Introducing Broker Program
- Customer Support
- Customer Reviews and Trust Scores
- Discussions and Forums about zForex
- Employee Overview and Working for zForex
- Pros and Cons
- In Conclusion
