Overview


ZERO Markets Review

ZERO Markets is a regulated multi-asset broker that provides access to a manipulation-free trading environment. It is one of the most reputable forex brokers in the business owing to its great trading services for both individual and institutional investors. Headquartered in First St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent’s, and the Grenadines, ZERO Markets has been offering trading services since 2017. 

For traders of all skill levels, ZERO Markets offers more than 10,000 trading instruments and the most widely traded platforms—MT4 and MT5 trading platforms. Clients can enjoy a world-class trading experience without facing any price manipulation and spreads are as low as 0.0 pips on popular currency pairings. Today, ZERO Markets holds a dominant position in the market because of their Real Raw Pricing on the MT4 and MT5 platforms and other excellent trading conditions. The broker’s biggest feature is that you don’t have to worry about requotes or other hidden fees.

Licensing & Regulation

  • Regulated by the Financial Services Commission (FSC) in Mauritius under License number: GB21026308 
  •  Australian Securities and Investments Commission (ASIC) under license number 286354.
  • Registered company of St. Vincent & the Grenadines (Limited Liability Company Authorisation No. 503 LLC 2020). 

Features of ZERO Markets

  1. Safety & Security– ZERO Markets is a regulated broker hence your money is in safe hands. They use top-tier segregated accounts opened with the Commonwealth Bank of Australia to hold client funds. Further, all payments are processed in compliance with the Corporations Act’s Australian Client Money regulations.  
  2. Education– ZERO Markets provides education for beginners, intermediates, and advanced traders as well. A complete dictionary is provided for beginners and comprises definitions of key terms that every trader must get familiar with. Furthermore, ZERO Markets provide knowledge of technical Indicators using a standard glossary-style structure. This section contains a thorough description of each type of indicator, including an introduction, the construction of the indicator, and the strengths and shortcomings of each.
  3. Assets– ZERO Markets allows access to trade in financial markets such as Forex, Commodities, Metals, Indices, Cryptocurrency, ETFs, and Share CFDs. 
  • Forex –  70+ major, minor, and exotic currency pairs from around the world
  • CFDs – 2,000 equity CFDs utilizing high leverage rates to maximize returns
  • Indices – NASDAQ, JPN225, FTSE, and other leading Indices
  • Commodities – Energies and precious metals
  • Cryptocurrency – Bitcoin, Ripple, and Ethereum, and 19 other top crypto coins
  1. Platforms– For traders of all skill levels, ZERO Markets offers the most technologically sophisticated platforms i.e., The MetaTrader 4 and 5 platform. You can trade forex using Raw pricing or take advantage of multiple trading products, cutting-edge charting features, and technical indicators. Both MT4 and MT5 platform is available on Windows, Mac, Android, and Web Trader.
  • IRESS ViewPoint– This is an additional platform provided by ZERO Markets. This platform is designed to be compatible with a wide range of internet browsers. IRESS ViewPoint offers automatic data syncing, 50+ drawing tools, 59 technical indicators, in-depth market analysis, and a competitive pricing range.
  1. Trading Accounts– ZERO Markets provides all clients with Super ZERO Accounts, Standard Accounts, and Islamic Accounts. From beginner to advanced, you can choose the account that suits you the best. Standard accounts provide low deposits and no trading commissions.
  2. Payment Methods– Customers can trade more quickly because of the numerous funding alternatives provided by ZERO Markets. Credit/debit cards, Skrill, wire transfers, Neteller, FasaPay, China Union Pay, Webmoney, Bpay, broker-to-broker transfers, branch deposits, etc. Processing withdrawals takes 3-5 business days. Bank wire payments may include international costs and require one business day to be credited. Withdrawals from Skrill, PayPal, and Neteller must be made from the same account that sent the money.
  3. Customer Service– ZERO Markets provides 24/5 multilingual customer service via live chat, phone call, email, and callback services. The service team will help you in English, Korean, Vietnamese, Thai, Malaysian, Indonesian, and Chinese. However, the live chat feature is slow sometimes which can put the broker at a disadvantage.

Email– support@ZEROmarkets.com

Phone– +61 (0)2 7908 3133

  1. Additional Tools– Clients of ZERO Markets can access a sentiment trader, an economic calendar, Forex VPS, and market data via the MT4 trader toolbox. However, if you want this feature, you’ll have to pay 1000$ to the broker. 

Trading Conditions

The broker provides two main accounts– Standard Account and Super ZERO Account. Also, they provide Islamic accounts for Muslim traders who adhere to the laws of Shariah. Swaps and interest fees on overnight positions are not incurred in the Islamic Account. Instead, an administration fee is applied to their positions. Traders must first open an MT4 or MT5 account and then submit a request to convert it to an Islamic Account in order to open an Islamic Account. Further, managed accounts such as multi-account manager (MAM) and percent allocation management module (PAMM) accounts are also available. For MAM/PAMM accounts, the minimum initial balance is $20,000 AUD or its equivalent. 

Let us see some more trading conditions between the main accounts

Standard Account

  • Minimum Deposit:  $100
  • Leverage:  Up to 1:500 
  • Spread:  From 1.0 pips
  • Commission:  0$

Commissions may apply for trading Shares CFDs

Super ZERO Account

  • Minimum Deposit:  $100
  • Leverage: Up to 1:500 
  • Spread:  From 0.0 pips
  • Commission:  $2.5 per side

Commissions for trading Share CFDs are variable

Pros of Trading with ZERO Markets

  • Provides decent leverage
  • Spreads from 0 pips
  • It is regulated and licensed
  • Customer service is satisfactory
  • Provides broad payment options
  • Educational materials are top-notch
  • Allows access to trade a variety of instruments
  • For Muslim traders, Swap-free accounts are available
  • Provides free demo accounts to all the clients

Cons of Trading with ZERO Markets

  • Live chat is slow
  • Customer service is not available on weekends
  • The fee structure is complex

Conclusion

Overall, ZERO Markets is a reliable and secure broker for traders of all skill levels. The educational materials, trading platforms, and trading accounts all are very compatible and hassle-free to navigate. A large number of trading instruments is the cherry on the cake! Although ZERO Markets is a great broker for both beginners and experienced traders, It emphasizes more on the offering rather than education so it is more suitable for a seasoned trader. If you’re one such trader who moves readily across products in pursuit of volatility and actively looks for chances across numerous markets the ZERO Markets is the best fit for you.

Author lerin