Zion Spreads, leverage, minimum deposit Revealed

　　Note: Zions official site - https://www.zion-g-ltd.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

　　

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　

General Information

　　

Zion Review Summary in 10 Points
Founded	N/A
Registered Country/Region	United Kingdom
Regulation	NFA (unauthorized)
Market Instruments	forex currency pairs, commodities, futures, energy, precious metals, indexes, stocks
Demo Account	N/A
Leverage	N/A
EUR/USD Spread	From 0 pips
Trading Platforms	MT4
Minimum deposit	N/A
Customer Support	email

　　

What is Zion？

　　

　　Zion is an offshore financial services provider that offers trading services in various financial instruments such as forex currency pairs, commodities, futures, energy, precious metals, indexes, and stocks. It provides clients with access to the global financial markets through the MetaTrader4 (MT4) trading platform. However, Zion operates without regulation, and traders should carefully consider the risks associated with trading on an unregulated platform.

　　In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

　　

Pros & Cons

　　

　　Zion offers a diverse range of financial instruments and provides access to the widely used MetaTrader4 (MT4) trading platform. However, Zion operates without regulation, which raises concerns about the safety and security of clients' funds. Additionally, reports of difficulties with withdrawals and scams on the website further highlight the risks associated with trading on an unregulated platform.

Pros	Cons
• Wide range of financial instruments	• Operates without regulation
• Access to MT4	• Reports of unable to withdraw and scams on the website
	• Lack of transparency

　　

Zion Alternative Brokers

　　

　　There are many alternative brokers to Zion depending on the specific needs and preferences of the trader. Some popular options include:

• 　　Axi - a regulated broker offering a wide range of trading instruments and competitive trading conditions, making it a suitable choice for traders looking for a reliable and well-regulated broker.

• 　　IronFX - a globally recognized broker with a diverse product offering, but traders should be cautious due to past regulatory issues and client complaints.

• 　　ThinkMarkets - a reputable broker with a strong track record, offering a variety of trading instruments and platforms, making it a reliable choice for traders of all levels.

　　Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

　　

Is Zion Safe or Scam？

　　

　　Zion is unregulated and the National Futures Association (NFA, License No. 0538960) does not authorize it, it raises concerns about the safety and legitimacy of the broker. Trading with an unregulated broker carries higher risks as there may be limited oversight and protection for traders. It is advisable to exercise caution and thoroughly research and evaluate the broker's credentials and reputation before engaging in any financial transactions with them.

　　

Market Instruments

　　

　　Zion provides investors with a diverse range of financial instruments to trade. These include forex currency pairs, allowing traders to participate in the global foreign exchange market and take advantage of currency fluctuations. Additionally, Zion offers commodities, enabling traders to speculate on the price movements of various commodities such as oil, gold, and agricultural products.

　　The broker also provides futures contracts, which allow traders to speculate on the future value of underlying assets, including commodities, currencies, and stock market indexes. Moreover, Zion offers trading opportunities in energy markets, precious metals like gold and silver, a selection of global stock market indexes, and individual stocks.

　　

Spreads & Commissions

　　

　　Zion boasts competitive spreads, starting at 0 pips for certain trading instruments. The spread is the difference between the bid and ask price, and a lower spread indicates a tighter pricing and potentially lower trading costs for traders.

　　However, no information is available regarding commissions charged by Zion. Commissions are fees that brokers may charge on top of spreads, and they can vary depending on the trading instrument and account type. Without specific details about commissions, it is advisable for traders to reach out to Zion directly or consult their trading platform for more information regarding commission fees. Understanding both the spread and commission structure is crucial for traders to accurately assess the overall trading costs associated with trading on the Zion platform.

　　

Trading Platforms

　　

　　Zion offers its clients the widely recognized MetaTrader4 (MT4) platform, which is available for both desktop and mobile devices. MT4 is a popular choice among traders due to its user-friendly interface, advanced charting tools, and extensive range of trading features.

　　The platform allows traders to execute trades efficiently, access real-time market data, analyze price movements, and implement various trading strategies. With MT4, clients of Zion can benefit from its powerful and intuitive trading platform, enabling them to make informed trading decisions and participate in the global financial markets with ease and convenience.

　　See the trading platform comparison table below:

Broker	Trading Platform
Zion	MetaTrader 4 (MT4)
Axi	MetaTrader 4 (MT4), MetaTrader 5 (MT5)
IronFX	MetaTrader 4 (MT4), MetaTrader 5 (MT5)
ThinkMarkets	MetaTrader 4 (MT4), MetaTrader 5 (MT5), ThinkTrader

　　

Customer Service

　　

　　Clients can reach out to Zion's customer service team via email at support@zion-g-ltd.com or support@zion-globallimited.com for consultation regarding any questions or concerns they may have. Additionally, clients have the option to visit the company's physical address located at 4D Salisbury Road, Weston-super-Mare, Somerset, United Kingdom, BS22 8EW.

Pros	Cons
• Email support available	• No 24/7 customer support
• Physical address provided for inquiries	• Lack of live chat support
	• No social media presence

　　Note: These pros and cons are subjective and may vary depending on the individual's experience with Zion's customer service.

　　

User Exposure on WikiFX

　　

　　On our website, you can see that reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

　　

Conclusion

　　

　　Based on the available information, Zion operates as an unregulated broker, which raises significant concerns about the safety and security of client funds. While the company offers a wide range of financial instruments and utilizes the popular MetaTrader4 (MT4) trading platform, the lack of regulation and reports of withdrawal issues and scams on the website are red flags. Traders are strongly advised to exercise caution and consider the associated risks before engaging with Zion. It is recommended to seek regulated and reputable brokers that prioritize the protection of client funds and have a proven track record of reliable and transparent operations.

　　

Frequently Asked Questions (FAQs)

　　

Q 1:	Is Zion regulated？
A 1:	No. Zion National Futures Association (NFA, License No. 0538960) is unauthorized.

Q 2:	Does Zion offer the industry leading MT4 & MT5？
A 2:	Yes. It supports MT4.

Q 3:	Is Zion a good broker for beginners？
A 3:	No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.