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Saint Vincent and the Grenadines
5-10 yearsRegulated in New Zealand
Market Making(MM)
MT5 Full License
Suspicious Overrun
High potential risk
Influence
Add brokers
Comparison
Quantity 7
Exposure
Score
Regulatory Index6.83
Business Index7.06
Risk Management Index0.00
Software Index8.34
License Index6.54
Single Core
1G
40G
Danger
Danger
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Company Name
ZERO MARKETS
Company Abbreviation
ZERO MARKETS
Platform registered country and region
Saint Vincent and the Grenadines
Company website
X
Company summary
Pyramid scheme complaint
Expose
A friend took $300 from me and changed my transaction. It was a scam.
My account never received the withdrawal. They were scammers and cheated me of 89.000 pesos.
I invested 32,940 Colombian pesos and everything went well. Later, I wanna withdraw funds cuz I needed money BUT I can't
I saw this broker’s ad on Facebook, saying that investing in the stock market will make a lot of money. They asked me to deposit my initial $45 successfully, and then they added me to a Telegram group to receive notifications. But all the signals of the platform were lost, and the money was declining. It was a scam.
Note: ZERO MARKETS' official website: https://www.zeromarkets.com/ is currently inaccessible normally.
ZERO MARKETS Review Summary | |
Founded | 2016 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Regulated by FMA |
Market Instruments | Forex, share CFDs, indices, commodities, metals, cryptos |
Demo Account | ✅ |
Leverage | Up to 1:500 |
EUR/USD Spread | Average 1.3 pips (Standard account) |
Trading Platform | MT4, MT5 |
Social Trading | ✅ |
Min Deposit | $100 AUD |
Customer Support | Live chat |
Tel: +61 (0)2 7908 3133 / +44 800 917 4388 | |
Email: support@zeromarkets.com | |
Twitter, Facebook, Instagram, Linkedin | |
Address: First St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincents and the Grenadines | |
Regional Restrictions | The United States, Japan or New Zealand |
Zero Markets is a broker offering access to global markets. It is a group of companies which include Zero Financial Pty Ltd and Zero Markets LLC. Zero Financial Pty Ltd (ZERO Markets, ABN 72 623 051 641) is an Authorized Representative (No. 001273819) of First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFSL 286354). Zero Markets LLC is a registered company of St. Vincent and the Grenadines, Limited Liability Number 503 LLC 2020.
Pros | Cons |
Regulated by FMA | Unavailable website |
Diverse range of tradable assets | ASIC (Exceeded) |
Demo accounts | Commissions charged |
Multiple account types | Withdrawal fee charged |
MT4 and MT5 available | Regional restrictions |
Acceptable minimum requirement | |
Multiple payment options | |
No deposit fees | |
Social media presence |
Yes, ZERO MARKETS is regulated by the Financial markets Authority (FMA), holding Market Making (MM) license with No. 569807.
Regulatory Status | Regulated |
Regulated by | Financial Markets Authority (FMA) |
Licensed Institution | ZERO MARKETS (NZ) LIMITED |
Licensed Type | Market Making (MM) |
Licensed Number | 569807 |
Tradable Instruments | Supported |
Forex | ✔ |
Share CFDs | ✔ |
Indices | ✔ |
Commodities | ✔ |
Metals | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
ZERO MARKETS offers Islamic raw account, Islamic standard account, Standard account and Super Zero account with the minimum deposit of $100 AUD.
Leverage
ZERO MARKETS offers the maximum leverage of 1:500 for Islamic raw account and Islamic standard account. This high leverage setup allows traders to trade larger positions with smaller capital, leading to high returns. However, high leverage also entails high risk.
ZERO MARKETS offers a range of spread and commission options to accommodate different trading preferences. The Standard account provides a commission-free trading environment, where traders can execute trades without incurring additional fees. The spreads for this account start from 1.0 pips.
For traders seeking even tighter spreads, ZERO MARKETS offers the Super Zero account, which features spreads as low as 0 pips. However, it's important to note that the Super Zero account carries a commission charge starting from $2.50 per side. This commission fee is applied to cover the cost of trade execution.
Account Type | Spread | Commission |
Standard | From 1.0 pips | ❌ |
Islamic Standard | From 1.0 pips | ❌ |
Super Zero | From 0.0 pips | $2.5 per side |
Islamic Raw | From 0.0 pips | $2.5 per 100,000 Volume |
ZERO MARKETS provides traders with a versatile and comprehensive trading platform. Traders have the option to choose between two popular platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available for Windows, iOS, macOS, Android, and also have a web-based version.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows, iOS, macOS, Android, Web | Beginners |
MT5 | ✔ | Windows, iOS, macOS, Android, Web | Experienced traders |
Deposit Options
Deposit Option | Accepted Currencies | Deposit Fee | Deposit Time |
Neteller | USD, EUR, GBP, AUD, CAD, KRW, IDR, MYR, THB, VND, Main LATAM currencies | ❌ | Instant |
Skrill | ❌ | Instant | |
Online Banking | MYR, IDR, thb, vnd, php | ❌ | Instant |
Finrax | BTC, ETH, LTC, XRP, BAT, BNT, CVC, ENJ, FUN, LINK, MITH, MTL, OMG, REP, XXLM, BCH, USDT | ❌ | Instant |
Interac | CAD | ❌ | Instant |
Sticpay | USD, EUR, GBP, AUD, KRW, BRL | ❌ | Instant |
CryptoPay Plus (USDT) | USDT (TRC 20, ERC 20) | ❌ | 24 hours (weekend exclusive) |
Skrill LATAM | USD, EUR, GBP, AUD, CAD, Main LATAM currencies | ❌ | Instant |
Withdrawal Options
Withdrawal Option | Accepted Currencies | Withdrawal Fee | Withdrawal Time |
Neteller | AUD, EUR, GBP, USD | 1% (min USD) + 1% country fee | 1 business day |
Skrill | 1% + 1% country fee (if applicable) | 1 business day | |
EBUY | USD | Fee may apply | 1 business day |
Online Banking | VND, IDR, THB, MYR, PHP | 1.5%-2% | 1 business day |
finrax | BTC, ETH, LTC, XRP, BAT, BNT, CVC, ENJ, FUN, LINK, MITH, MTL, OMG, REP, XXLM, BCH, USDT | exchange rate | 1 business day |
Sticpay | AUD, EUR, GBP, USD | 2.5% + $0.3 | 1 business day |
Interac | CAD | Flat fee CAD 7.87 | 36 hours |
EPay | AUD, EUR, GBP, USD | No fees to EPay wallet/USD 4+ 0.38% TAX | 1 business day |
Tether | AUD, EUR, GBP, USD | Flat fee USDT | 1 business day |
pix | BRL | 2.38% (2% WDL + 0.38% VAT fee) + BRL 3 | 1 business day |
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