Abstract:ZMarket is an unregulated brokerage firm based in Luxembourg. With an operational history of 2-5 years, they offer three account types: Start, Basic, and Premium. ZMarket facilitates trading in various financial markets, including forex, commodities, indices, cryptocurrencies, and stocks. The company's address is listed as 1 Rue Hildegard Von Bingen, 1882 Luxembourg. It is important to note that ZMarket operates without regulatory oversight, posing potential risks to traders. The absence of essential details, such as leverage and specific deposit/withdrawal methods, raises concerns about the company's transparency and customer protection measures. While ZMarket does provide contact information, such as an English phone number and email addresses, their website's unavailability and limited provided information raise questions about the extent and reliability of their customer support.
Information | Details |
Company Name | ZMarket |
Years of Establishment | 2-5 years |
Headquarters | Luxembourg |
Office Locations | 1 Rue Hildegard Von Bingen, 1882 Luxembourg |
Regulations/Licenses | Unregulated |
Tradable Assets | Forex, Commodities, Indices, Cryptocurrencies, Stocks |
Account Types | Start, Basic, Premium |
Minimum Deposit | $200 |
Leverage | Up to 1:200 |
Spread | From 0.1 |
Deposit/Withdrawal Methods | N/A |
Trading Platforms | N/A |
Customer Support Options | Phone, Email |
ZMarket is an unregulated brokerage firm based in Luxembourg. With an operational history of 2-5 years, they offer three account types: Start, Basic, and Premium. ZMarket facilitates trading in various financial markets, including forex, commodities, indices, cryptocurrencies, and stocks. The company's address is listed as 1 Rue Hildegard Von Bingen, 1882 Luxembourg.
It is important to note that ZMarket operates without regulatory oversight, posing potential risks to traders. The absence of essential details, such as leverage and specific deposit/withdrawal methods, raises concerns about the company's transparency and customer protection measures. While ZMarket does provide contact information, such as an English phone number and email addresses, their website's unavailability and limited provided information raise questions about the extent and reliability of their customer support.
ZMarket appears to operate without regulation. Without regulation, there is no oversight or supervision from a regulatory authority to ensure compliance with industry standards and protect the interests of clients.
The absence of proper licenses implies that the company may not comply with established regulations or possess sufficient measures to protect client funds or address disputes. This exposes clients to heightened risks of potential fraudulent activities, financial mismanagement, or unethical business practices. Furthermore, the absence of regulatory oversight and licensing limits clients' legal avenues and protection in the event of conflicts or issues with ZMarket. In addition, ZMarkets absent website makes it impossible to check their policies for deposits and withdrawals.
ZMarket offers a wide range of tradable assets, including forex, commodities, indices, cryptocurrencies, and stocks. This allows clients to access various markets and diversify their investment portfolios. Additionally, the company supports the use of Expert Advisors (EAs), enabling traders to automate their strategies and potentially enhance trading efficiency. The availability of multiple account types, such as Start, Basic, and Premium, caters to different trading preferences and investment levels. Furthermore, ZMarket's maximum leverage options, reaching up to 1:200 for Start accounts, provide traders with the potential for amplified profits.
Drawbacks of ZMarket include its lack of regulation and licensing. This absence of oversight raises concerns about the company's transparency, client protection, and adherence to industry standards. Clients may face increased risks related to fraudulent activities, financial mismanagement, or inadequate resolution of disputes. Additionally, the company's website being inaccessible since February 2023 suggests potential issues with reliability and consistent service. The absence of specific information about deposit/withdrawal methods, trading platforms, customer support options, educational content, and bonus offerings limits transparency and may impact the overall trading experience.
Pros | Cons |
Wide range of tradable assets | Lack of regulation and licensing |
Support for Expert Advisors (EAs) | Inaccessible website |
Multiple account types and leverage options | Limited information on important aspects |
ZMarket provides a range of market instruments for traders to engage in different financial markets. Here's a description of each market instrument type:
Forex: ZMarket enables traders to participate in the forex market, allowing them to trade various currency pairs. This provides opportunities to speculate on exchange rate fluctuations and potentially benefit from currency movements.
Commodities: ZMarket offers access to the commodities market, allowing traders to trade commodities such as gold, silver, oil, and other popular commodities. This provides exposure to the price movements of these physical assets.
Indices: ZMarket allows traders to trade indices, representing a basket of stocks that represent a specific market or sector. Trading indices provide exposure to the performance of a broader market or sector rather than individual stocks.
Cryptocurrencies: ZMarket facilitates trading in cryptocurrencies, enabling clients to engage in the dynamic and volatile cryptocurrency market. Traders can speculate on the price movements of popular cryptocurrencies like Bitcoin, Ethereum, and others.
Stocks: ZMarket provides the opportunity to trade stocks, allowing traders to participate in the equity markets and potentially profit from the price fluctuations of individual stocks.
Here is a table comparing the available market instruments of ZMarket with those of other brokers:
Broker | Market Instruments |
ZMarket | Forex, Commodities, Indices, Cryptocurrencies, Stocks |
Alpari | Forex, Cryptocurrencies, Metals, Commodities, CFDs |
HotForex | Forex, Cryptocurrencies, Metals, Energies, Indices |
IC Markets | Forex, Metals, Commodities, Indices, Cryptocurrencies |
RoboForex | Forex, Cryptocurrencies, Metals, Commodities, Stocks |
Zmarket provides three different accounts based on the needs of their customers. The accounts are as follows:
Start Account: The Start account offered by ZMarket is designed for traders starting their journey in the financial markets. It requires a minimum deposit of $200 and provides a maximum leverage of 1:200. The minimum spread is from 0.8. The Start account supports the use of Expert Advisors (EAs) and offers a minimum position size of 0.1.
Basic Account: ZMarket's Basic account is suitable for traders with a higher level of experience and capital. It requires a minimum deposit of $1000 and offers a maximum leverage of 1:100. Similar to the Start account, the Basic account provides access to a minimum spread of 0.8, and traders can utilize Expert Advisors (EAs) for automated trading. The minimum position size is 0.1.
Premium Account: ZMarket's Premium account is designed for experienced traders with a higher level of capital. It requires a minimum deposit of $5000 and offers a maximum leverage of 1:30. The Premium account provides the lowest minimum spread starting from 0.1. Traders can utilize Expert Advisors (EAs) and the minimum position size is 0.1.
Here is a table comparing the features of the different account types:
Account | Minimum Deposit | Maximum Leverage | Minimum Spread | Minimum Position |
Start Account | $200 | 1:200 | From 0.8 | 0.1 |
Basic Account | $1,000 | 1:100 | From 0.8 | 0.1 |
Premium Account | $5,000 | 1:30 | From 0.1 | 0.1 |
Due to the current unavailability of the ZMarket website, it is impossible to provide a comprehensive guide on the account creation process. The lack of access to the website means that potential clients are unable to access the necessary information, forms, or steps required to open an account with the company.
ZMarket offers different minimum deposit rates for its various account types. The Start account requires a minimum deposit of $200, making it suitable for traders who wish to start with a relatively lower investment. The Basic account has a higher minimum deposit of $1000, indicating a greater level of commitment and capital. For traders with more experience and substantial capital, the Premium account requires a minimum deposit of $5000. These varying minimum deposit rates provide options for traders with different levels of investment readiness, allowing them to choose an account that aligns with their financial capabilities and trading goals.
ZMarket offers different maximum leverage options for its account types. The Start account provides a maximum leverage of 1:200, allowing traders to potentially amplify their positions and trading outcomes. The Basic account offers a maximum leverage of 1:100, providing a slightly lower leverage option for traders. The Premium account, on the other hand, offers a maximum leverage of 1:30, indicating a more conservative leverage level.
Below is a table comparing the maximum leverage offered by ZMarket with the mentioned brokers:
Broker | Maximum Leverage |
ZMarket | Up to 1:200 |
Alpari | Up to 1:1000 |
HotForex | Up to 1:1000 |
IC Markets | Up to 1:500 |
RoboForex | Up to 1:2000 |
ZMarket offers different spreads for its account types, indicating the difference between the buying and selling prices of tradable assets. The specific spread values are not provided, but it is mentioned that the minimum spread starts from 0.8 for both the Start and Basic accounts. The Premium account offers an even lower minimum spread starting from 0.1. The spread value plays a role in the overall trading costs and can impact profitability.
Due to Zmarket‘s website’s inaccessibility, information in regards to the trading platform is unavailable. This lack of availability and transparency regarding the trading platform has significant implications for traders. Without knowledge of the trading platform, potential clients are unable to assess its features, functionalities, user interface, and overall performance. Traders may face uncertainty regarding the platform's reliability, stability, and suitability for their trading needs. Lack of information about the trading platform can hinder traders' ability to make informed decisions and may affect the overall trading experience.
ZMarket lists various customer support options to assist its clients. The following are the available customer support channels:
General Customer Inquiries: To reach the customer support team for general inquiries, clients can contact ZMarket via email at compliance@zmarket.global. This allows clients to seek information or assistance related to their accounts, trading, or any other non-technical matters.
Technical Support: For technical issues or concerns, clients can reach out to ZMarket's technical support team via email at zmsupport@zmarket.global. This dedicated email address allows clients to address any technical difficulties they may encounter with their trading platforms or other technical aspects of their accounts.
Telephone Support: Clients can reach the customer support team by calling the English contact number at +44 2039663733. This phone number allows direct communication with the support staff to address any inquiries, concerns, or assistance needed.
ZMarket is an unregulated brokerage firm headquartered in Luxembourg with an operational history of 2-5 years. The company offers trading services in various financial markets, including forex, commodities, indices, cryptocurrencies, and stocks. While information regarding specific account types, and leverage is available, the website's current inaccessibility raises concerns about the transparency and reliability of the company.
It is important to note that ZMarket operates without regulatory oversight, which can pose potential risks to traders, such as potential fraudulent activities or financial mismanagement. The lack of specific details and the absence of a clear trading platform description further impact the clarity and reputation of the company.
Q: What types of assets can I trade with ZMarket?
A: ZMarket allows trading in forex, commodities, indices, cryptocurrencies, and stocks.
Q: Are there different account types available?
A: Yes, ZMarket offers Start, Basic, and Premium account types.
Q: What is the minimum deposit required to open an account?
A: The minimum deposit for the Start account is $200, for the Basic account is $1000, and for the Premium account is $5000.
Q: Is ZMarket a regulated broker?
A: No, ZMarket operates without regulatory oversight.
Q: How can I contact ZMarket's customer support?
A: You can reach ZMarket's customer support team via email at compliance@zmarket.global or zmsupport@zmarket.global, or by calling the English contact number at +44 2039663733.
Q: What trading platform does ZMarket use?
A: Unfortunately, the information about the specific trading platform used by ZMarket is not available.