ZYZ Capital

ZYZ Capital Information

Founded in Mauritius in 2023, ZYZ Capital provides varied trading tools like forex, metal energies, CFDs, and cash indices. The website offers several account kinds, so fitting for both novices and experts. But the broker does not have regulatory control, thus kindly be advised of the risk.

Pros and Cons

Is ZYZ Capital Legit?

Unregulated and lacking any legitimate licenses either in Mauritius, the registered nation, or with major worldwide regulatory authorities like the UK Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC), ZYZ Capital is uncontrolled.

The WHOIS domain information states that the domain zyzcapital.com was registered on January 31, 2023 and has set expiration date of January 31, 2025. Last updated on February 1, 2024, the domain is under administrative protection with clientDelete Prohibited, clientRenew Prohibited, clientTransfer Prohibited, clientUpdate Prohibited.

What Can I Trade on ZYZ Capital?

Forex, metal energy, CFDs, and cash indices are among the several asset classes ZYZ Capital provides for trading.

Account Types

Four live trading accounts— Standard, ECN, Pro, and Islamic—are offered by ZYZ Capital. Every account provides varied tools including leverage, spreads, and commissions and is customised for certain trading needs. Though an Islamic account is offered, a demo account is not stated specifically.

Leverage

With a maximum of 1:1000 for the Standard account, ZYZ Capital provides variable leverage over its several account forms. Other accounts, such ECN and Islamic, offer leverage of up to 1:500; the Pro account stops leverage at 1:100.

ZYZ Capital Fees

Particularly for ECN and Pro accounts with spreads starting from 0.6 pips and 0.0 pips respectively, ZYZ Capital provides inexpensive fees + commissions. Starting with 1.6 pips without commission, standard account spreads are greater. Swap rates vary depending on the currency pair; for EUR/USD (1.5 short, -11.0 long), for instance.

Trading Platform

Deposit and Withdrawal

ZYZ Capital does not state specifically whether withdrawal or deposit fees are paid. The minimum necessary deposit is $10.