ZEDFX

ZEDFX Information

ZEDFX is a newly founded forex broker registered in Mauritius. The tradable instruments include forex, indices, commodities, stock, crypto, and metal. The broker also provides two accounts with a maximum leverage of 1:400. The minimum spread is from 0.2 pips and the minimum deposit is $100. ZEDFX is still risky due to its unregulated status.

Pros and Cons

Is ZEDFX Legit?

ZEDFX is not regulated, making it less safe than regulated brokers, although ZED CAPITAL INTERNATIONAL LIMITED claims to be authorized and regulated by the Mauritius Financial Services Commission (FSC) with the regulatory number GB24203133.

What Can I Trade on ZEDFX?

ZEDFX offers various market instruments, including forex, indices, commodities, stock, crypto, and metal.

Account Type

ZEDFX has two account types: raw spread and elite. Traders who want low spreads can choose a raw spread account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.

ZEDFX Fees

The spread starts from 0.2 pips, the commission is from 0, and the swap is free. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

ZEDFX cooperates with the authoritative MT5 trading platform, which is available on Windows, MAC, Android, and iOS. Traders with rich experience are more suitable for using MT5. MT4 and MT5 provide various trading strategies and implement EA systems.

Deposit and Withdrawal

The first deposit amount must be $100 or above. ZEDFX accepts Visa, MasterCard, Bitcoin, Neteller, Skrill, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.