Zero Markets Review

Category: Reviews | Author: Trading Brokers | Date: January 31, 2024

Zero Markets, a trading platform established in 2017, offers a broad spectrum of financial instruments and account types. Regulated by the Australian Securities and Investments Commission (ASIC), the Financial Services Commission of Mauritius (FSC), and registered in St. Vincent and the Grenadines, it provides a secure environment for traders. The platform features popular trading tools like MT4 and MT5 and a wide range of funding methods. This article aims to provide a comprehensive review of Zero Markets, helping potential traders make an informed decision.

Pros & Cons

  • Offers popular trading platforms including MT4
  • Offers a sufficient number of deposit and withdrawal options
  • Provides a wide range of financial instruments
  • Offers limited educational resources and research support
  • Requires a minimum deposit of $100
  • Share CFD commissions are high, which is unusual in most standard accounts

Summary

Zero Markets

Zero Markets

Zero Markets is a trading platform that offers a wide range of financial instruments and a variety of account types to cater to different trading needs. They are regulated by the Australian Securities and Investments Commission (ASIC), the Financial Services Commission of Mauritius (FSC), and are a registered company of St. Vincent and the Grenadines, which adds a layer of trust and security for traders.

The platform is user-friendly and offers popular trading platforms like MT4 and MT5, along with social and copy trading options. They also provide a wealth of tools such as Autochartist, Pip Calculator, MT4/5 trader tools, Forex VPS, and an Economic Calendar to aid in trading decisions.

Zero Markets offers a broad spectrum of markets including Forex, Commodities, Metals, Indices, Share CFDs, Crypto, and ETFs. This wide range of instruments provides traders with plenty of opportunities to diversify their portfolio.

In terms of education, Zero Markets provides video tutorials and blog posts to help traders understand the market better and make informed decisions. They also offer a demo account for those who want to practice trading without risking real money.

The platform offers multiple account types including Super Zero Account, Standard Account, and Islamic Account, each with its own unique features and benefits. The minimum deposit for these accounts is $100 AUD or equivalent.

Funding an account is also made easy with a variety of methods available including Bank Wire, Skrill, CryptoPay Plus, Epay, and more. Most of these methods offer instant funding and no deposit fees.

However, while Zero Markets offers a lot of features, it’s important to note that it may not cater to every specific trading need. It’s crucial for prospective traders to consider their unique trading aspirations and risk appetite. So, keep reading to know more about the broker.

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AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulation

Zero Financial Ltd, which is part of Zero Markets, is regulated by the Financial Services Commission of Mauritius (FSC License number: GB21026308). This entity is also regulated by the Australian Securities & Investments Commission (ASIC). That’s a good thing because it means they have to follow certain rules and standards to ensure they’re operating fairly and transparently.

Now, there’s also Zero Markets LLC, which is a registered company of St. Vincent and the Grenadines, with a Limited Liability Number 503 LLC 2020. Now, this doesn’t mean they’re regulated by St. Vincent and the Grenadines, but it does mean they’re officially recognized as a company there.

Now, here’s something really important. Zero Markets claims to make sure that the money you deposit, your retail client funds, is always kept separate from the company’s funds. They’re held by leading banks and are never used to cover company expenses. This is a big deal because it means that even if something goes wrong with the company, your money is still safe and sound.

However, it’s worth noting that while Zero Markets LLC is registered, it’s not currently regulated. This means it doesn’t have the same level of oversight as a regulated broker. So, while they do have some measures in place to protect your money, they’re not subject to the same level of scrutiny and regulation as some other brokers. So, if you’re looking for a broker with a bit more oversight, you might want to check out a list of regulated brokers for some alternative options.

Platforms & Tools

When it comes to trading platforms and tools, Zero Markets has got you covered with a variety of options. Here’s a quick rundown of what they offer:

MT4 & MT5 Platforms

MT4 & MT5 Platforms

  •  MT4: This is the go-to platform for many traders, offering a solid mix of user-friendly features and advanced trading tools. It’s available on multiple devices, so you can trade on the go or from the comfort of your home.
  •  MT5: For those looking for a bit more firepower, MT5 steps up the game with more indicators, timeframes, and a few extra bells and whistles to enhance your trading experience.
  •  Copy Trading & Social Trading: If you’re into learning from others or just want to automate your trading by copying the pros, Zero Markets provides options for both copy trading and social trading.

In terms of tools, they provide;

  • Autochartist: This handy tool helps you spot trading opportunities by automatically identifying chart patterns, saving you time on market analysis.
  • Pip Calculator: A simple yet essential tool, the pip calculator helps you manage your risk by calculating the value of a pip in your trades.
  • MT4/5 Trader Tools: Enhance your MetaTrader experience with additional trader tools that offer more in-depth analysis and better trade monitoring capabilities.
  • Economic Calendar: Stay ahead of market-moving events with the economic calendar, which keeps you informed about upcoming economic reports and announcements.

Education

Zero Markets offers a couple of educational resources to help you get up to speed with trading. Let’s take a look at what they’ve got:

  •  Video Tutorials: If you’re a visual learner, you’ll appreciate the video tutorials available on Zero Markets. These videos cover a range of topics, from the basics of trading to more advanced strategies. It’s like having a trading coach right on your screen.
  • Blog Posts: Zero Markets also maintains a blog where they post articles on various trading topics. These posts can give you insights into the market, tips on trading strategies, and updates on the trading platform. It’s a great way to keep learning and stay updated on what’s happening in the trading world.

Markets

Zero Markets offers a pretty wide range of markets for you to trade in. Here’s a quick rundown:

  • Forex: If you’re into currency trading, you’re in luck. Zero Markets offers forex trading, which means you can trade currency pairs from all over the world.
  • Commodities: Fancy trading in goods like oil, gold, or wheat? Zero Markets has got you covered with a range of commodities to trade.
  • Metals: If you’re more into precious metals, you can trade in metals like gold, silver, and others at Zero Markets.
  • Indices: Want to bet on the overall direction of the market? You can do that too, with a range of indices available for trading.
  • Share CFDs: Zero Markets also offers Contract for Difference (CFD) trading on shares. This means you can speculate on the price movements of shares without actually owning them.
  • Crypto: If you’re into the crypto scene, you’ll be happy to know that Zero Markets offers trading in cryptocurrencies.
  • ETF: Last but not least, Zero Markets also offers trading in Exchange Traded Funds (ETFs), which are basically a basket of securities that you can trade in one go.

So, whether you’re into forex, commodities, indices, or something else, Zero Markets has got a market for you.

Accounts

Zero Markets offers a few different types of accounts to suit different trading styles and needs. Here’s what they’ve got:

Zero Markets Account Types

Zero Markets Account Types

  • Super Zero Account: This account is for those who want to trade with super tight spreads. With a minimum opening balance of just $100 AUD (or equivalent), you can start trading with spreads from 0.0 pip. The execution is ECN-Pricing, and the commission per lot is $2.5 per side. It’s a great option if you’re looking for low-cost trading.
  • Standard Account: If you’re more of a traditional trader, the Standard Account might be more your style. Like the Super Zero Account, the minimum opening balance is $100 AUD (or equivalent). The spreads start from 1.0 pip, and the execution is also ECN-Pricing. The best part? There’s no commission per lot.
  • Islamic Account: Zero Markets also offers an Islamic Account, which is compliant with Sharia law. This means there’s no interest charged on overnight positions, making it a great option for Muslim traders.
  • Demo Account: If you’re new to trading or just want to test out the platform, you can open a Demo Account. It’s a risk-free way to practice your trading strategies and get a feel for the platform before you start trading with real money.

Funding

Zero Markets provides its clients with a variety of flexible funding options to facilitate faster trading. The broker has made it a point to offer multiple methods to cater to the diverse needs of its global clientele. These methods include Credit/Debit Cards, Bank Wire Transfers, Neteller, PayPal, Skrill, Paytrust, Poli, and Bpay.

Zero Markets has a strict policy regarding the source of funds. The broker does not accept payments from third parties. All deposits made into a trading account must originate from a bank account registered under the client’s name. If a client possesses a Joint Bank Account or Credit Card, Zero Markets can accept payments only if the client is listed as one of the authorized parties on the Bank Account or Credit Card.

When it comes to withdrawals, Zero Markets maintains a policy of returning funds to the same card or via the same deposit method that was used for funding. This is a common practice among brokers to prevent money laundering.

Conclusion

In conclusion, Zero Markets offers a wide range of features that can be beneficial for traders. They provide a variety of trading platforms, a wide range of financial instruments, and multiple deposit and withdrawal options. However, their educational resources and research support could use some improvement.

Despite these strong features, it’s important to remember that there are other brokers with longer track records that might be worth considering as alternative options. For additional choices, we encourage you to explore our trading brokers reviews.While Zero Markets has its strengths, it’s always a good idea to consider all your options and choose a broker that best fits your trading needs and risk tolerance.

Zero Markets Logo

$100

Zero Markets is an Australia-based Forex and CFD broker established in 2017. The broker offers access to over 680 instruments and stands out with its superior research content and robust copy and automated trading features.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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