ZX Markets Review

Country : Seychelles

Max. Leverage : 1:400

Demo account :

Foundation : 2017

Min. Deposit : $200

US Clients :

ZX Markets is offering three kinds that live accounts for trading: X-standard X-premium, Xpro, along with a no-cost demo account. The information on the trading accounts is a bit inadequate. We couldn't access our demo account but we discovered there was a clause that it will be available when we have deposited funds into your real account. We find this to be quite strange and makes us believe there's something wrong with this broker.

The broker allows the trading of forex and CFD

ZX Markets Advandage and Disadvandage

Advandage
    Disadvandage
    • Offshore
    • No MT4

    ZX Markets is part of the company Global Investment House Limited based in the Seychelles that is an offshore region. ZX Markets claims that it is controlled under the Financial Services Authority (FSA) of the country. The regulation is more or less symbolic , as offshore zones are known for their lack of control over companies, usually with full secrecy regarding the ownership of companies and the absence of taxation of corporations. This can make the offshore zone the most popular option for businesses with a bad reputation as well as those with something to hide.

    Incredibly, Global Investment House Limited is the name of an Kuwaiti asset and investment management company which is operating in the Persian Gulf region.

    In general, it is best to stay clear of brokers that have weak regulations like this one, and instead look for ones with stronger oversight such as the one offered by the the UK’s FCA as well as the Australian Securities and Investments Commission.

    Platforms for trading

    ZX Markets offers trading on the platform xWeb and xMobile. These are the mobile and web version of the trading platform that is proprietary to xStation that is operated by ZX Markets, the Poland that is regulated by FCA. European Forex broker XTB. It also offers its services to other brokers via an option for white label.

    The xStation platform was named “Best Trading Platform 2016” by Online Personal Wealth Awards and provides quick execution, super rapid execution speeds, advanced charts and analysis tools, and numerous different options.

    Unfortunately, ZX Markets does not provide the highly regarded MetaTrader 4. platform.

    Payment methods

    ZX Markets accepts client deposits via bank transfers credit or debit cards as well as Neteller, an electronic payment system. Neteller.

    Conclusion

    As with most offshore brokers there’s a hint of doubt about ZX Markets. It doesn’t necessarily mean that it’s an enigma, but it is recommended to be extra cautious when dealing with these brokers because their customers are generally left with their goodwill and trustworthiness.

    Furthermore, it’s not like ZX Markets is offering outstanding trading conditions that could offset the risks of working with it rather than an appropriately regulated broker. Even more troubling, it’s not offering the well-known market-leading trading system MT4.

     

    ZX Markets Summary
    ZX Markets Details Information
    Regulators
    Country Seychelles
    Base Currencies USD
    Type Of Brokers ECN, STP
    Trading Platform Desktop, Mobile, MT4
    Established Year 2017
    Website Language English
    US Clients
    ZX Markets Spreads
    Option Information
    Minimum Spreads 0.1
    Commission
    Fixed Spreads
    ZX Markets Payment & Withdrawal Option
    Option Information
    Acc Funding Methods Skrill
    Acc Withdrawal Methods Skrill
    ZX Markets Suitable For
    Option Information
    Publicly Traded
    Beginners
    Day Trading
    Weekly Trading
    Professionals
    Swing Trading
    ZX Markets Trading Account Options
    Option Information
    Maximum Leverage 1:400
    Mini Account
    VIP Accounts
    Segregated Accounts
    Free Demo Accounts
    Managed Accounts
    Pro Account
    Minimum Deposit $200
    Islamic Account
    ZX Markets Trading Services
    Option Information
    Hedging
    News Trading
    Scalping
    Automated Trading
    Indices
    Commodities
    Forex instruments
    CFDs
    ETFs
    Stocks
    Bonds
    Cryptocurrencey
    Trading Signals
    Educational Service
    Copy Tradings
    ZX Markets Contact & Support
    Option Information
    Telephone No +442032899941
    Email support@zxmarkets.com
    24 Hours Support
    Support During Weekends
    Address Global Investment House Limited. Kemp House, 160 City Road, London, EC1V 2NX. The United Kingdom.

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