- High leverage available (up to 1000:1)
- Offers MT5 and cTrader platforms
- Focuses heavily on Crypto/E-wallet funding.
Thinking about trading with zForex in 2025? One thing that stands out is their offer of both MT5 and cTrader platforms, which isn't something you see everywhere. Let's take a look at what we know about their accounts, costs, and how they're set up regulation-wise.
Live Spreads: Standard and ECN Accounts Compared
A basic trading cost is the spread, that is the difference between the buy and sell price for an asset. zForex has a few account choices; the Standard account, which includes costs within the spread, and an ECN account that aims for lower spreads but adds a commission for each trade.
The table above shows live spread data for both zForex account types, pulled from real accounts and averaged over time. You can use this to directly compare their costs against other popular brokers for instruments like EURUSD, GBPJPY, Gold, and Silver. This allows you to see how their pricing stacks up based on real market conditions. Use the orange "Edit" button if you want to compare different instruments or brokers not currently shown.
zForex User reviews
Currently, we don't have any user reviews for zForex posted on FxVerify. Usually, reviews from fellow traders offer great insights into things like how fast trades go through, withdrawal experiences, and customer service. We'll keep an eye out and update this section if zForex users start sharing their feedback here.
Since there are no user reviews yet, FxVerify doesn't have a user rating for zForex. Their regulatory score reflects their registration under the Comoros MISA, which is an offshore authority operating under different standards than regulators in major financial hubs.
Regulation: Offshore License (Comoros MISA)
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
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Z Forex Capital Markets LLC |
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zForex, operating as Z Forex Capital Markets LLC, is registered and regulated by the Mwali International Services Authority (MISA) in Comoros. It's helpful to know that Comoros is an offshore jurisdiction.
Regulatory standards under MISA differ from those applied by regulators in major financial centres like the UK (FCA), Australia (ASIC), or Cyprus (CySEC). These differences often relate to requirements for handling client funds, providing negative balance protection, and the availability of investor compensation schemes if a broker encounters financial difficulties. Potential clients should be aware of these differences when choosing a broker.
Available Assets: Forex, Indices, Shares, Crypto, Bonds
From what's listed on their site, zForex offers trading across several markets. This seems to cover forex pairs, popular stock indices, some individual company shares, bonds, and a selection of cryptocurrencies.
It's always best to confirm the full list of available instruments directly with the broker. Keep in mind these are typically traded as CFDs (Contracts for Difference), which means you're trading on price movements with leverage, and that involves financial risk.
Live Swap Rates: Swap-Free Option Available
If you keep a trade open overnight, your broker will usually apply a swap fee (also called rollover or financing cost). Swaps fees are charges or credits to your trading account based on the currency pair and whether you're buying or selling. zForex offers standard accounts with these variable swap rates, but also provides a "Swap-Free" account option, often used by traders adhering to Sharia principles.
The table above shows zForex's live swap rates, letting you compare their overnight costs against other brokers. As is typical, expect triple swaps around mid-week (often Wednesday) on standard accounts to cover for the weekend swap fees. You can also use the orange "Edit" button to change the comparison for other symbols and brokers.
Trading Platforms: MT5 and cTrader Offered
Platform | Pros | Cons |
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MetaTrader 5 (MT5) |
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cTrader |
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Mobile Apps (MT5 / cTrader) |
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A notable plus for zForex is offering both MetaTrader 5 (MT5) and cTrader. These are respected platforms available on desktop and mobile, catering to different trader preferences. The table gives a quick overview of what each offers.
Deposits/Withdrawals: Strong Crypto & E-Wallet Focus
Method | Processing Time (Deposits) | Fees (Charged by zForex) | Available Currencies (Common Base) |
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Credit Card | Reported as Instant | Not specified (Assume $0 unless stated) | USD (likely converted) |
Cryptocurrencies (BTC, ETH, LTC, USDT) | Network dependent (Varies) | Not specified (Assume $0 from broker) | Crypto (Converted to USD) |
FasaPay | Reported as Instant | Not specified (Assume $0 unless stated) | USD |
SticPay | Reported as Instant | Not specified (Assume $0 unless stated) | USD |
Jeton Wallet | Reported as Instant | Not specified (Assume $0 unless stated) | USD |
Promptpay (Local Thai method) | Reported as Instant | Not specified (Assume $0 unless stated) | USD (likely converted) |
zForex seems well-equipped for modern payment methods. They list options including Credit Cards, several major cryptocurrencies (like Bitcoin, Ethereum, Tether), various e-wallets (FasaPay, SticPay, Jeton), and even local options like Promptpay for Thailand.
While zForex might not charge fees themselves, remember that third-party providers often do. Your credit card company, the crypto network, or the e-wallet service might have transaction fees. It's always wise to check the details, like processing times and potential costs, on the official zForex website before making a deposit or withdrawal.
Leverage: High Leverage up to 1:1000
Operating under its Comoros licence allows zForex to offer high leverage, up to 1:1000. This means traders can control larger position sizes with less initial capital. However, higher leverage also increases market exposure and requires careful attention to risk management strategies.
zForex Profile
Company Name | Z Forex Capital Market LLC |
Categories | Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Headquarters | Bulgaria |
Office Locations | Bulgaria |
Account Currency | USD |
Support Languages | Arabic, Chinese, English, Hindi, Indonesian, Russian, Spanish, Persian |
Funding Methods | Bitcoin, Credit Card, FasaPay, Litecoin, SticPay, Ethereum, Tether (USDT), Jeton Wallet, Promptpay |
Financial Instruments | Forex, Shares, Indices, Bonds, Cryptocurrencies |
The zForex profile on FxVerify lists the key available information: their company name (Z Forex Capital Market LLC), listed headquarters in Bulgaria, the main account currency (USD), languages supported, and the various funding methods focused on crypto and e-wallets. You can also see the types of financial instruments they offer.
Promotions: Deposit Bonus Offered
The zForex website mentions promotions like a 20% Bonus and a 30% Bonus. Like with any broker bonus, it's always important to read the fine print. Make sure you understand the terms and conditions – such as required trading volume or rules about withdrawing the bonus – before you decide to participate. Check the official zForex website for the current details.
zForex User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
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zForex Cashback rebates
Standard | ECN | Swap Free | |
Forex | $3.00 Per Lot | $3.60 Per Lot | |
Oil / Energies | $1.20 Per Lot | ||
Metals | $3.00 Per Lot | $3.60 Per Lot | |
Shares / Equities | $0.60 Per Lot | ||
Indices | $1.00 Per Lot | $1.20 Per Lot | |
Cryptocurrencies | $2.50 Per Lot | $3.00 Per Lot | |
Payment Options |
Monthly Cash Back
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Standard | |
Forex | $3.00 Per Lot |
Oil / Energies | $1.20 Per Lot |
Metals | $3.00 Per Lot |
Shares / Equities | $0.60 Per Lot |
Indices | $1.00 Per Lot |
Cryptocurrencies | $2.50 Per Lot |
Payment Options |
Monthly Cash Back
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ECN | |
Forex | $3.60 Per Lot |
Oil / Energies | $1.20 Per Lot |
Metals | $3.60 Per Lot |
Shares / Equities | $0.60 Per Lot |
Indices | $1.20 Per Lot |
Cryptocurrencies | $3.00 Per Lot |
Payment Options |
Monthly Cash Back
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Swap Free | |
Forex | $3.60 Per Lot |
Oil / Energies | $1.20 Per Lot |
Metals | $3.60 Per Lot |
Shares / Equities | $0.60 Per Lot |
Indices | $1.20 Per Lot |
Cryptocurrencies | $3.00 Per Lot |
Payment Options |
Monthly Cash Back
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What are zForex rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do zForex rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.