Score

1.53 /10
Danger

ZEDFX

Mauritius

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Regulatory Index0.00

Business Index7.14

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-12-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ZEDFX · Company summary
Aspect Information
Company Name ZEDFX
Registered Country/Area United Arab Emirates
Founded Year 2018
Regulation Unregulated
Products & Services Forex, Cryptocurrencies, Indices, Commodities, Shares
Account Types Zero Spread, ECN, Standard
Leverage Zero Spread:Up to 1:200ECN and Standard:Up to 1:400
Commissions & Spreads ECN and Standard:No CommissionsSpreads:from 0.2pips
Demo Account Available
Trading Platform MT5(WebTrader,Andriod,IOS)
Customer Support Email:support@zedforex.com,Phone:+971 505262933
Payment Methods Credit/Debit card(Mastercard,VISA.etc),Electronic Payment(Skrill,Neteller.etc),Bank Wire Transfer
Tools Trader's Caculator, Economic Calendar

Overview of ZEDFX

ZEDFX is a forex brokerage established in 2018, based in the United Arab Emirates, and currently unregulated.

The company specializes in forex trading, offering a variety of currency pairs including USD, GBP, and EUR. ZEDFX provides different account types: Zero Spread, ECN, and Standard, with leverage options up to 1:200 for Zero Spread and up to 1:400 for ECN and Standard accounts.

The ECN and Standard accounts feature no commissions and spreads starting from 0.2 pips. ZEDFX supports trading via the MT5 platform, which is accessible on WebTrader, Android, and iOS. Clients can practice trading with a demo account.

Customer support is reachable via email at support@zedforex.com and phone at +971 505262933. Payment methods includecredit/debit cards (Mastercard, VISA, etc.), electronic payments (Skrill, Neteller, etc.), and bank wire transfers.

Additional tools offered by ZEDFX include a Trader's Calculator and an Economic Calendar, enhancing the trading experience.

Overview of ZEDFX

Regulatory Status

ZEDFX is currently unregulated, which means it operates without formal oversight from any financial regulatory authority.

This status may impact the level of trust and security perceived by potential clients, as regulatory oversight typically provides a measure of protection for investors, ensuring transparency and fairness in trading practices.

Pros and Cons

Pros Cons
Diverse Trading Platforms Versions Unregulated Status
Variety of Financial Instruments High Minimum Deposit for Some Accounts
Multiple Account Types No Live Chat
High Leverage Options

Pros of ZED International LTD

  1. Diverse Trading Platforms Versions: ZED International offers the MetaTrader 5 platform, available on multiple devices including desktop, Android, iOS, and via WebTrader, providing a versatile and powerful trading environment for all types of traders.

  2. Variety of Financial Instruments: The company provides a wide range of trading options, including forex, cryptocurrencies, indices, commodities, and shares. This variety allows traders to diversify their investment portfolio across multiple asset classes.

  3. Multiple Account Types: ZED International meets various trader needs with three distinct account types: Zero Spread, ECN, and Standard. Each account type offers different conditions regarding spreads, leverage, and minimum deposits to suit different trading strategies and risk appetites.

  4. High Leverage Options: The leverage offered goes up to 1:500 for the Zero Spread account and up to 1:400 for ECN and Standard accounts, enabling traders to take significant positions with a smaller capital outlay.

  5. Various Support and Tools: The brokerage provides 24/5 customer support and useful trading tools like Traders Calculator and Economic Calendar, enhancing trading effectiveness and providing necessary support.

Cons of ZED International LTD

  1. Unregulated Status: ZED International LTD is unregulated, which can be a major concern for traders looking for security and reliability, as it lacks oversight from financial authorities that can provide investor protection.

  2. High Minimum Deposit for Some Accounts: The Zero Spread account requires a minimum deposit of $10,000, which might be prohibitively high for retail traders just starting out or with limited capital.

  3. No Live Chat: The brokerage provides 24/5 customer support,not all day, which makes users inconvenient at some special time.

Products & Services

ZED International LTD offers a broad range of financial products for trading across several major asset classes. Heres an overview of each:

  1. Forex: ZED International provides the opportunity to trade various major, minor, and exotic currency pairs. This includes popular pairs involving the USD, GBP, and EUR, offering traders the chance to engage in the dynamic forex market with competitive trading conditions.

  2. Cryptocurrencies: The brokerage also meets the growing demand for digital assets by offering trading in various cryptocurrencies. This allows traders to participate in the volatile crypto markets, which can provide substantial opportunities for profit.

  3. Indices: Trading in major global indices is available, giving traders access to a diversified portfolio of the world's leading stock indices. This can include indices from the US, Europe, Asia, and more, reflecting the overall performance of the stocks listed on those indices.

  4. Commodities: ZED International provides the means to trade in a variety of commodities, including but not limited to, precious metals like gold and silver, energy commodities like oil, and other soft commodities. This diversifies trading options and can serve as a hedge against inflation or currency devaluation.

  5. Shares: The platform offers trading in shares of various blue-chip and major companies globally. This allows traders to take positions on the performance of these companies, potentially capitalizing on market movements and corporate developments.

Products & Services

Account Types

Zero Spread Account

The Zero Spread account from ZED International LTD attracts experienced traders with its requirement for a higher minimum deposit. This account type features very low spreads, starting at 0.2 pips, which is particularly beneficial for traders who engage in high-volume, short-term trading strategies.

It offers leverage of up to 200, allowing traders to maximize their trading potential while managing risk. The account is appealing for traders who hold positions overnight without wanting to incur swap fees. Its ideal for those looking for precise cost control in trading.

ECN Account

ZED International's ECN account is designed for traders who seek quick execution and access to deep liquidity pools, facilitated by direct connections with global banks and financial institutions. This account requires a moderate minimum deposit and provides competitive spreads as low as 1.0 pip.

With leverage up to 400, it offers substantial trading power, suitable for aggressive trading strategies. Like the Zero Spread account, the ECN account supports minimal lot sizes, providing flexibility and cost-efficiency for managing trades.

Standard Account

Aimed at beginners and those with smaller capital, the Standard account from ZED International LTD has a low minimum deposit requirement. It features slightly higher spreads, starting at 1.5 pips, and offers the same high leverage of up to 400 as the ECN account.

This setup is ideal for new traders learning the ropes of forex trading without committing a substantial initial investment. The account support careful risk management, such as minimal lot sizes and protective measures like margin calls and stop outs.

Account Types
Account Type Minimum Deposit Spreads Leverage Ideal for
Zero Spread High 0.2 pips Up to 200 Experienced traders seeking low trading costs
ECN Moderate 1.0 pips Up to 400 Traders needing quick execution & high leverage
Standard Low 1.5 pips Up to 400 Beginners and small capital traders

How To Open An Account?

Opening an account with ZED International LTD is a straightforward process designed to get traders set up and trade quickly. Here are the three simple steps involved:

  1. Open an Account: Start by registering on the ZED International LTD website. Navigate to the Traders Room and fill out the 'Open an Account' form with the required personal and financial information. Once completed, submit the form to create your trading account.

  2. Make a Deposit: After your account is set up, you will need to fund it to start trading. Choose a payment method that suits your convenience from the options available, which may include credit/debit cards, electronic payments, or bank wire transfers. Complete the 'Deposit Funds' form to add funds to your account, which will reflect in your account balance shortly after the deposit is processed.

  3. Begin Trading: With your account funded, the final step is to begin trading. Download and install the preferred trading platform supported by ZED International LTD, such as MetaTrader 5, available for various devices including desktop and mobile. Log in using your account credentials to access the trading interface, where you can start executing trades in the markets.

How To Open An Account?

Leverage

ZED International LTD provides varying levels of leverage across its different account types, tailored to suit the needs and trading strategies of its users.

For traders opting for the Zero Spread Account, leverage can go up to 200, which offers a balanced approach for those seeking lower risk associated with lower leverage.

Both the ECN and Standard Accounts offer higher leverage, reaching up to 400, allowing traders to potentially increase their exposure and profitability on successful trades.

Leverage

Commissions & Spreads

ZED International LTD offers a variety of account types with different commission and spread structures tailored to meet the needs of different traders:

  1. Zero Spread Account: This account type is designed to provide very low spreads, starting from 0.2 pips. It primarily attracts traders who perform high-volume trades and prefer minimal trading costs on their transactions. The account is labeled “Zero Spread” but maintains a minimal spread to cover some costs implicitly.

  2. ECN Account: The ECN account offers spreads starting from 1.0 pip. This account is suitable for traders looking for faster execution through direct access to market liquidity, which generally results in slightly higher spreads but no commissions on trades.

  3. Standard Account: Aimed at more general trading needs, the Standard account features spreads that begin at 1.5 pips. This account does not have any commission on trades, making it suitable for entry-level traders who prefer a simple cost structure.

Trading Platform

ZED International LTD provides access to the MetaTrader 5 (MT5) trading platform, which offers a Various and versatile trading experience for traders of all levels.

The MT5 platform is available across various devices, including desktop, Android, and iOS, as well as via WebTrader for convenient access from any internet-connected device.

With MT5, traders can benefit from advanced charting tools, technical indicators, and analytical resources to make informed trading decisions.

Trading Platform

Payment Methods

ZED International LTD offers multiple convenient payment methods for depositing funds into trading accounts. These methods include:

  1. Credit / Debit Cards: Traders can deposit funds using major credit and debit cards such as Visa and Mastercard. The supported currencies include USD, GBP, and EUR, with a minimum deposit of 100 USD. Deposits made via credit/debit cards are processed instantly, providing traders with immediate access to their funds.

  2. Electronic Payment: Electronic payment methods, such as Skrill and Neteller, are also accepted by ZED International LTD.

Payment Methods
  1. Bank Wire Transfer: For those preferring traditional banking methods, bank wire transfers are available, with a minimum deposit requirement of 100 USD. However, bank wire transfers typically take 2-5 business days to process due to bank processing times.

Payment Methods

Customer Support

ZED International LTD offers various customer support services to assist traders with their inquiries and concerns.

For assistance, traders can reach out to the company's UAE office located at 1901, 19th Floor, Fahidi Heights Tower, near Sharaf DG Metro Station Exit-4, Bur Dubai, Dubai.

Alternatively, traders can contact the support team via phone at +971 505262933 or through email at support@zedforex.com.

Customer Support

Tools

ZED International LTD equips its traders with a suite of powerful tools to enhance their trading experience and decision-making process. These tools include a Trader's Calculator and an Economic Calendar.

The Trader's Calculator enables traders to quickly calculate important parameters such as pip value, margin, and profit potential, facilitating informed trading decisions.

Additionally, the Economic Calendar provides traders with real-time updates on key economic events and announcements, helping them stay informed about potential market-moving events and plan their trading strategies accordingly.

Tools

Conclusion

ZED International LTD stands as a reliable and various trading partner, committed to delivering quality service and keeping pace with market demands.

With its effective execution, fund protection measures, 24/5 assistance, and focus on customer satisfaction, ZED International LTD offers traders a conducive environment for pursuing their financial goals.

Whether you are an experienced trader or just starting out, ZED International LTD provides the tools, support, and resources needed to navigate the dynamic world of trading with confidence and success.

FAQs

Question: What is the minimum deposit required to start trading with ZED International LTD?

Answer: The minimum deposit amount required to begin live trading with ZED International LTD is $100 (USD) or equivalent in any other currency.

Question: What payment methods are accepted for depositing funds into my trading account?

Answer: ZED International LTD accepts various payment methods including credit/debit cards (Visa, Mastercard), electronic payments (Skrill, Neteller), and bank wire transfer.

Question: How can I contact customer support if I have questions or need assistance?

Answer: Traders can reach out to ZED International LTD's customer support team via phone at +971 505262933 or through email at support@zedforex.com. Additionally, traders can visit the company's UAE office located in Dubai.

Question: Does ZED International LTD provide educational resources for traders?

Answer: Yes, ZED International LTD offers resources such as forex basics and trading guides to help traders enhance their knowledge and skills in the financial markets.

Question: Is ZED International LTD regulated?

Answer: ZED International LTD operates as an unregulated broker, providing traders with the flexibility to access global financial markets.

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