The ZFX is a London-based NDD, STP, and ECN High leverage Forex broker. Since 2016, it has offered online FX and CFD trading services. The British FCA and the FSA of Seychelles oversee regulating it. The ZFX platform allows traders from Europe, Asia, and Africa to trade currency pairings, indices, equities, and commodities. The broker is a member of the Zeal Group, a group of fintech firms focusing on liquidity solutions for regulated markets in important global regions.
Pros of using ZFX Broker for trading:
- Without a dealing center, deals can be completed, and liquidity from important financial institutions is available.
- FCA and FSA regulations in the UK (Seychelles).
- A massive range of accounts for both retail and business clientele.
- Tighter spreads for ECN accounts (starting at 0.2 pips).
- Ability to trade over 100 different assets, including equities, commodities (such as precious metals and crude oil), stock indexes, and Forex.
- High leverage on regular and ECN accounts (up to 1:500).
ZFX Broker’s Cons
- Absence of a web-based trading platform.
- Retail traders on ECN accounts must make a sizable $1,000 deposit.
- Standard and ECN accounts have a limit of 200 open positions per account.
ZFX is upfront about the fact that it supports traders of all levels of experience. Examples include the “basic,” “intermediate,” and “advanced” sections of its A-to-Z Trading Academy.
ZFX appears to be effective for traders with varying degrees of experience. Additionally, it makes use of the user-friendly and accessible MetaTrader 4. Don’t let your lack of experience stop you from researching this broker.
ZFX’s Top Features
Fx is one of the best brokers in the world. Save your money. ZFX deposits your money into an exclusive bank account that the corporation cannot access when you deposit money. This is a separate account from the business where you keep your money.
Market-neutral pricing ZFX enables its dealers to get pricing for their goods independent of the market. Even while there is always some risk involved in trading, and profits are never guaranteed, it is still advantageous if brokers can at least maintain a neutral position.
. ZFX appears to be effective for traders with varying degrees of experience. Additionally, it makes use of the user-friendly and accessible MetaTrader 4. Don’t let your lack of experience stop you from researching this broker.
MetaTrader 4 platforms
ZFX is the best brokers in the world offers the MetaTrader 4 trading platform, an innovative trading platform created in 2005 by the software company MetaQuotes, which enables you to trade the numerous financial assets that are readily available. Whether a newbie or a seasoned trader, the platform is made to meet your demands. One-click executions, stop and limit orders, technical indicators, live analytics, and support for trade automation utilizing expert advisors are just a few of the advanced trading features that MT4 is loaded with (EAs). The majority of traders will never require all the tools it contains. The MQL editor also allows you to create tools, and the MQL marketplace offers various add-ons.
Whether you need to perform complicated analysis over numerous charts or want to apply a simple trading technique, MT4 has you covered.
A mobile trading app for Android and iOS devices and a desktop version of the MT4 platform can be downloaded for Windows and Mac computers. Additionally, an online version can be used with most current web browsers, such as Chrome, Safari, Firefox, and Edge. The web version is great because it’s constantly current, but I find the MT4 app to be the best for trading whenever I feel like it. You may maintain your account and keep an eye on the markets anytime, anywhere.
You must choose the desktop platform if you intend to deploy automated tactics because it still maintains the most capabilities.Various order types are available, including trailing stops, limit orders, instant execution, and pending orders.Advanced analytical tools and indicators: assist you in the in-depth investigation to get important market insight.
Scalability: Future work based on API protocols may allow Zeal MT4 to integrate smoothly with your current trading infrastructure.
Automated trading: utilizing Expert Advisors (EA), you can use either your automated methods or those supplied by third parties.