• Mon. Nov 29th, 2021

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Zero Markets reviews

Overview of Zero Markets Broker

The company was established on the Australian continent in 2016 and is regulated by the ASIC Securities Commission there.  The owner of the company is Zero financial Pty LTD.  This broker works only online. The number of assets for trade is about 10,000, these are commodities and digital currencies and CFDs. Of course, the arsenal of the company is currency pairs trading. Offer to work through the development platform MetaTrader, the company periodically offers bonus programs and promotions.

Trading platforms

To trade, the broker offers the use of software development company MetaTrader, in particular MT4 and MT5 is also available and IRESS, a web version is also present.

Trading Assets

You can trade over 10,000 items on Zero Markets:

  • Forex – Trade over 70 major, minor and exotic currency pairs from around the world.
  • CFDs – Trade 2000 stock CFDs using high leverage rates to maximize profits.
  • Indexes – Trade the world’s leading indexes including NASDAQ, JPN225 and FTSE.
  • Commodities – Enjoy high liquidity when trading energies and precious metals.
  • Cryptocurrency – Trade the best cryptocurrency pairs including Bitcoin, Ripple, and Ethereum.

ETF trading is also available

Fees, commissions, spreads

The company is positioning itself as a broker with low spreads, for example on popular pairs EUR/BBL and GBP/USD – only 0.1-0.2 pips, spreads on gold have rather low value-0.16. There is also a commission fee, for each sold lot is taken 3.5 dollars. We could not find information about any additional fees on the website, but I assume that there is a fee for inactivity of the account and for the transfer of transactions to the next day.

Mobile app

Zero Markets provides an opportunity for mobile trading through smartphones and tablets absolutely all platforms offered by the company for trading have a mobile version. As a rule the applications are not particularly different in functionality and have a customizable appearance and the possibility of making charts.

Demo account

Available on MT4 MT5 platforms, and, literally, you can switch between accounts. For my account to present on a free basis and with virtual money point for beginners this is a great opportunity to get acquainted with the peculiarities of trading in the market, for clients with experience this is an opportunity to test their strategy before real trading.

Control over broker’s activity

As mentioned above, the broker was registered in Australia and the Australian Securities Company and is regulated. Along with ASIC, the company has fairly reputable regulators in Cyprus and the UK. This means that the company follows strict rules established in several jurisdictions at the same time, and the trader gets the security that the company does not disappear with his money.

Advantages

Advantages of trading with Zero Markets:

  • Trading platforms MT4 and MT5
  • Good customer reviews
  • Leverage up to 1: 500
  • Zero spreads
  • ASIC is regulated

Disadvantages

Disadvantages of trading with Zero Markets include:

  • Limited additional resources
  • Lack of transparency regarding fees due

Support

The team of experts is ready to help at any time of the day or night, both on weekdays, for this and the following opportunities: use the built-in cheat, the ability to leave contacts for a call back, it is very convenient in case you are abroad. Moreover, can always send an e-mail, however, in some cases, this may take extra time. based on customer feedback, I assume that the waiting time for a specialist response can take up to several hours, which will certainly be a minus for new customers without any experience.

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