A solid choice for ECN traders with competitive ECN pricing.
ZERO Markets suits traders looking for competitive ECN pricing on popular platforms like MT4 and MT5. Its strongest advantage is the Super Zero account, offering spreads from 0.0 pips with a low commission. The main compromise is the varied regulatory landscape, where some entities offer less robust oversight than others. We recommend ZERO Markets for experienced traders who understand how to navigate different regulatory environments.
| Regulation | ASIC, FSC Mauritius |
| Founded | 2007 |
| Headquarters | Australia, Mauritius, St. Vincent and the Grenadines |
| Minimum Deposit | $100 USD |
| Maximum Leverage | 1:500 |
| US Clients | Not accepted |
| EUR/USD Spread | 1.2 pips (Standard) |
| Trading Platforms | MT4, MT5, WebTrader, Mobile |
| Instruments | Forex, CFDs, Crypto, Shares, Indices, Commodities |
| Deposit Methods | Credit & debit cards, Apple Pay, Google Pay, Neteller, Skrill, and crypto |
| Withdrawal Time | 1 business day |
| Customer Support | 24/7 Live Chat & Email |
| Website | zeromarkets.com |
Capital at risk. CFD trading involves significant risk. This may be an affiliate link.
Our Full Rating Breakdown
Our scoring system evaluates brokers across key areas like regulation, fees, platforms, and tradable assets. We aim to provide a clear, unbiased assessment to help traders make informed decisions.
Is ZERO Markets Regulated & Safe?
ZERO Markets operates through several legal entities, each under different regulatory bodies. While its Australian entity, ZERO MARKETS AUSTRALIA PTY LTD, holds a strong ASIC license, other entities like Zero Financial Ltd (Mauritius FSC) and Zero Markets LLC (SVG FSA) offer varying levels of oversight. Traders should understand which entity they are trading with, as regulatory protections differ significantly.
- Regulator
- ASIC, FSC Mauritius, FMA (FSPR), SVG FSA
- License Number
- 313016, GB21026308, FSP 569807, 503 LLC 2020
- Tier
- Tier 1 (ASIC), Tier 3 (FSC, FMA, SVG FSA)
- Client Fund Segregation
- Yes
- Compensation Scheme
- No
- Negative Balance Protection
- No
- Founded
- 2007
- Headquarters
- Australia, Mauritius, St. Vincent and the Grenadines
ASIC imposed leverage limitations on the AU company since March 2021. Additionally, the FMA registration in New Zealand is for 'Client money or property service,' not a licensed forex service, and the SVG FSA only registers companies, it does not license forex/CFD brokers. This means some entities offer significantly less regulatory protection.
Always verify which legal entity you are opening an account with and understand the specific regulatory protections that apply to that entity.
ZERO Markets does not accept clients from the United States.
Fees, Spreads & Commissions
ZERO Markets offers two main account types, each with a distinct fee structure. The Super Zero account provides raw spreads with a per-side commission, aiming for highly competitive pricing. The Standard account, on the other hand, includes the broker’s markup in the spread, resulting in zero commission on forex trades. This setup allows traders to choose between a commission-based model for tighter spreads or a simpler spread-only model.
| Instrument | Super Zero Account | Standard Account |
|---|---|---|
| EUR/USD | 0.1 pips | 1.2 pips |
| GBP/USD | 0.1 pips | 1.2 pips |
| USD/JPY | 0.1 pips | 1.2 pips |
| Gold XAUUSD | 5 pips | 25 pips |
| Oil USOIL | 2 pips | 2 pips |
ZERO Markets publishes typical spreads and commissions clearly on its website, which helps traders understand their potential costs.
Swap fees are charged on leveraged overnight Forex and CFD positions; rates are listed on the website.
Account Types Explained
ZERO Markets provides two primary account types: Standard and Super Zero, both requiring a minimum deposit of $100 USD. Each account is designed to cater to different trading preferences, mainly differing in their spread and commission structure. Both account types offer ECN pricing, aiming for direct market access and fast execution. Opening an account is straightforward, with options for both live and demo trading.
- ECN-Pricing
- No commission on forex
- Low minimum deposit
- ECN-Pricing / RAW-Pricing
- Very tight spreads
- Commission-based trading
Account Comparison
| Feature | Standard Account | Super Zero Account |
|---|---|---|
| Min Deposit | $100 USD | $100 USD |
| Spread From | 1.0 pips | 0.0 pips |
| Commission | $0 on forex trades | $2.5 per side for forex trades |
| Max Leverage | Up to 1:500 (varies by entity) | Up to 1:500 (varies by entity) |
| Instruments | Forex, CFDs, Crypto, Shares, Indices, Commodities | Forex, CFDs, Crypto, Shares, Indices, Commodities |
| Account Currency | USD, EUR, GBP, AUD, CAD, and NZD | USD, EUR, GBP, AUD, CAD, and NZD |
Both Standard and Super Zero accounts are available as swap-free Islamic accounts for eligible traders.
Trading Platforms & Tools
ZERO Markets offers the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, catering to a broad range of traders. These platforms are known for their robust charting tools, analytical capabilities, and support for automated trading via Expert Advisors (EAs). In addition to the desktop versions, traders can access their accounts through a WebTrader and dedicated iOS and Android mobile apps, ensuring flexibility and connectivity across devices. The platforms also include features like one-click trading and copy trading.
Platform Feature Comparison
| Feature | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
|---|---|---|
| Platform Type | Desktop, Web, Mobile | Desktop, Web, Mobile |
| Expert Advisors | Yes | Yes |
| Copy Trading | Yes | Yes |
| Chart Types | Multiple chart windows | Multiple chart windows |
| One-Click Trading | Yes | Yes |
Deposits & Withdrawals
ZERO Markets sets an accessible minimum deposit of $100 USD for both its Standard and Super Zero accounts. While swap fees are levied on overnight positions, and an inactivity fee applies under specific conditions, general deposit and withdrawal fees are not clearly detailed in our research. Information regarding specific payment methods, processing speeds, and minimum withdrawal amounts remains largely undisclosed, which can be a drawback for traders planning their funding logistics.
| Payment Method | Deposit Speed | Withdrawal Speed | Broker Fee |
|---|---|---|---|
| Credit & Debit Card | Varies | 1-2 days | USD 1.5 per transaction |
| ApplePay | Varies | 3-5 days | No fees |
| GooglePay | Varies | 3-5 days | No fees |
| Domestic Bank Wire (AUD) | Varies | 1 business days | No fees |
| International Bank Wire | Varies | 1 business days | 10 AUD |
| Bank Wire (EUR / SEPA) | Varies | 1 business days | 0.2% (min €8) |
| Neteller, Skrill | Varies | 1 business days | 1% + 1% Country Fee |
Be aware of the USD 30 monthly maintenance fee if your balance is under USD 500 with no trading activity for 6 months.
Education, Research & Analysis
Our research did not uncover specific educational resources or comprehensive research tools offered by ZERO Markets. While many brokers provide articles, webinars, or market analysis, we could not verify such offerings for this broker. This might mean traders need to rely on external resources for their market insights and learning. The focus appears to be more on direct trading functionality rather than extensive educational support.
ZERO Markets does not appear to prioritize educational or research content, which might not suit beginner traders or those seeking in-depth market analysis directly from their broker.
Frequently Asked Questions
Is ZERO Markets a regulated broker, and is it safe to trade with them?
ZERO Markets operates under multiple regulatory licenses. Its Australian entity is regulated by ASIC, which is a strong Tier-1 authority. Other entities are regulated by FSC Mauritius and registered with FMA (FSPR) New Zealand and SVG FSA, which offer less stringent oversight. Traders should understand which entity governs their account for specific protections.
What is the minimum deposit required to open an account with ZERO Markets?
You can open either a Standard or Super Zero account with ZERO Markets with a minimum deposit of $100 USD or its equivalent in other currencies.
What are the typical spreads and commissions offered by ZERO Markets?
ZERO Markets’ Super Zero account offers spreads from 0.0 pips with a commission of $2.5 per side for forex trades. The Standard account has average spreads around 1.2 pips for major pairs like EUR/USD, GBP/USD, and USD/JPY, with no commission on forex trades.
What is the maximum leverage available at ZERO Markets?
The maximum leverage offered by ZERO Markets varies depending on the regulatory entity and client classification. Retail clients under ASIC and FSC typically have leverage up to 1:30 on major forex pairs, while less restrictive entities can offer up to 1:500 on eligible instruments.
Which trading platforms does ZERO Markets provide to its clients?
ZERO Markets provides the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These are available across desktop, WebTrader, and mobile applications for iOS and Android devices.
Does ZERO Markets charge any inactivity fees?
Yes, ZERO Markets charges a USD 30 monthly maintenance fee. This fee applies if your account balance is under USD 500 and there has been no trading activity for six consecutive months.
Can I open an Islamic (swap-free) account with ZERO Markets?
Yes, ZERO Markets offers Islamic account options. Both the Standard and Super Zero account types are available in swap-free versions for traders who require Sharia-compliant trading conditions.
Are US clients accepted by ZERO Markets?
No, ZERO Markets does not accept clients from the United States. Traders from the US will need to seek brokers regulated within their jurisdiction.
Why Choose ZERO Markets?
ZERO Markets suits traders looking for competitive ECN pricing on popular platforms like MT4 and MT5. Its strongest advantage is the Super Zero account, offering spreads from 0.0 pips with a low commission. The main compromise is the…
- Very low spreads on Super Zero account
- Strong ASIC regulation for Australian clients
- Offers MT4, MT5, WebTrader, and mobile apps
Capital at risk. CFD trading involves significant risk.
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