Home -

Main body -

WikiFX Express

Exness

Z Forex

WikiFX | 2025-05-29 17:51

Abstract：　　Registered in 2006, Z Forex is an unregulated online broker based in Bulgaria, offering trading in market instruments such as forex, metals, indices, commodities, and stocks. With a minimum deposit of $10, Z Forex offers one demo account and three types of live accounts. The leverage is up to 1:1000 on this platform. Z Forex does not accept clients from the Democratic People's Republic of Korea, Iran, Myanmar, the United States of America, or Turkey.

Z Forex Review Summary
Founded	2006
Registered Country/Region	Bulgaria
Regulation	Unregulated
Market Instruments	Forex, Stocks, Indiices, Commodities, Metals,
Demo Account	✅
Islamic Account	✅
Leverage	Up to 1:1000
Spread	From 0 pips
Trading Platform	cTrader, MT5
Minimum Deposit	$10
Customer Support	Live Chat, Contact Form
	Phone: +44 744 147 7121,
	Email: info@zforex.com
	Company Address: Sofia, Olimpiyska str., SiteGround, Sofia Park, fl. 4, No: 2, post code: 1756, Bulgaria
	Social Media: Telegram, Twitter, YouTube, WhatsApp, Instagram
Regional Restriction	Democratic People's Republic of Korea, Iran, Myanmar, United States of America, Turkey

Z Forex Information

Registered in 2006, Z Forex is an unregulated online broker based in Bulgaria, offering trading in market instruments such as forex, metals, indices, commodities, and stocks. With a minimum deposit of $10, Z Forex offers one demo account and three types of live accounts. The leverage is up to 1:1000 on this platform. Z Forex does not accept clients from the Democratic People's Republic of Korea, Iran, Myanmar, the United States of America, or Turkey.

Pros and Cons

Pros	Cons
Three account types	Commission charged
MT5 supported	No regulation
Multiple contact channels	Regional Restrictions
Low minimum deposit requirement
Demo accounts available
Various payment methods

Is Z Forex Legit?

Z Forex has not been regulated, which means activities on this platform are operated without regulatory oversight.

What Can I Trade on Z Forex?

Traders on Z Forex get access to tradable instruments, including forex, stocks, indices, commodities, and metals.

Trading Asset	Available
forex	✔
metals	✔
commodities	✔
indices	✔
stocks	✔
cryptocurrencies	❌
bonds	❌
options	❌
funds	❌
ETFs	❌

Account Type

Z Forex offers a demo account for traders to test this platform without risking real money.

Apart from the demo account, ZForex offers three types of live accounts: Standard, ECN, and Swap Free (Islamic).

Trading Platform	Standard	ECN	Swap Free
Minimum Deposit	$10	$10	$2,500
Maximum Leverage	1:1000		1:500
Commission	$0	$7 Forex, $15 Metals	$10 Forex, $15 Metals
Spread	1.2 pips	from 0 pips	0.7 pips
Minimum Trade	0.01 lot
Margin Call	100%
Stop Out	30%

Leverage

This platform offers leverage up to 1:1000. However, higher leverage significantly increases risk exposure. Traders should exercise caution.

ZForex also offers dynamic leverage, which is a feature that automatically adjusts traders' maximum leverage based on their account equity. zForex claims to employ transparent equity tiers to set your maximum leverage. The table below outlines how leverage adjusts automatically based on traders' account equity:

Account Equity	Maximum Leverage
$0 – 999	1:1000
$1,000 – 2,499	1:800
$1,500 – 7,999	1:500
$8,000 – 19,000	1:400
$20,000 – 39,999	1:300
$40,000 – 74 999	1:200
$75,000 and above	1:100

Z Forex Fees

Z Forex provides distinct spreads for each account: For the Standard account, the spread is 1.2 pips; for the ECN account, the spread can be as low as 0 pips; when it comes to the Swap Free account, it's 0.7 pips.

In terms of commission, Z Forex charges 0 commission for Standard accounts. However, when it comes to ECN account users, Z Forex does charge $7 for forex trading and $15 for metals trading. For Swap Free account users, the commission is $10 for forex trading, $15 for metal trading.

Trading Platform	Standard	ECN	Swap Free
Maximum Leverage	1:1000		1:500
Commission	$0	$7 Forex, $15 Metals	$10 Forex, $15 Metals

Trading Platform

Z Forex provides access to two popular trading platforms for traders to choose from: cTrader and MT5.

cTrader: A popular multi-asset trading platform developed by Spotware, designed primarily for forex and CFD trading.
MT5: The successor to MT4, developed by MetaQuotes, is a widely used platform for trading forex, stocks, commodities, indices, and cryptocurrencies.

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	Desktop, Mobile, Web	/
MT5	✔	Desktop, Mobile, Web	Experienced traders
MT4	❌	Desktop, Mobile, Web	Beginners

Deposit and Withdrawal

Credit Card, Wire Transfer, e-Wallets, and Crypto are available payment types on Z Forex, each has distinct methods and conditions.

Payment Types	Methods
Credit Card	Visa, MasterCard
Wire Transfer	Help2Pay, Payment Asia, Transact 365
e-Wallets	SticPay, Jeton, Fasapay, MOMO, Promptpay, True Money, Duitnow
Crypto	Bitcoin, Ethereum, Litecoin, Tether (TRC20), Tether (ERC20), USD Coin

Deposit Options

Deposit Options	Minimum Deposit	Deposit Fees	Deposit Time
Credit Card	$10	0	Instant
Wire Transfer			Same Day
e-Wallets			Within 1 working day
Cryptos			Within 1 working day

Withdrawal Options:

Withdrawal Options	Minimum Withdrawal	Withdrawal Fees	Withdrawal Time
Credit Card	$10	4.2+$1	Instant
Wire Transfer		1.5%	Same Day
e-Wallets		1.5%	Within 1 working day
		SticPay: 2.5+$0.3
		Jeton: $1+0.5
		Fasapay: 0.5%
Cryptos		Network Fee

Leverage Broker Currency Pair Dealer

Related broker

No Regulation

Z FOREX

Company name：Z Forex Capital Market LLC

Score

2.12

Website：https://zforex.com/

2-5 years | Suspicious Regulatory License | White label MT5 | cTrader

Score

2.12

OspreyFX Review: Do Traders Face High Slippage and Wide Spreads?

Are your funds stuck with OspreyFX, a Saint Vincent and the Grenadines-based forex broker? Does your trade execution price always remain far away from the requested price due to heavy slippage? Does the broker, contrary to its claims of low-cost trading experience, widen spreads to inflate your costs? Like others, do you always witness constant fund withdrawal denials by the broker? In this OspreyFX review article, we have investigated complaints against the forex broker. Read on!

Original 2026-03-09 20:25

Xlibre Deposit and Withdrawal Methods: A Complete 2026 Review

When choosing a broker, how you move capital in and out of your account is extremely important. Investing funds and withdrawing them out are not just simple tasks - they show whether a broker is trustworthy and works properly. It doesn't matter if putting money in is easy if you can't get your money back out. This guide explains Xlibre deposit and withdrawal methods, but we also talk about managing risks and being careful. Sometimes it's easy to deposit funds in an account, but very hard to take out your profits and original capital. Our main goal is to keep your funds safe by giving you a clear analysis of how these processes work and, more importantly, what risks they involve.

Original 2026-03-09 18:02

Xlibre User Reputation: Looking at Real User Feedback and Common Complaints to Check Trust

When traders want to know if a broker is safe or a scam, they want a clear answer based on facts. After carefully studying regulation data and reports from users, Xlibre appears to be a high-risk brokerage. The direct answer to "Is Xlibre Safe or Scam?" is clearly no - it's not safe. The platform works without any proper financial regulation from a trusted authority, which is absolutely necessary to keep traders’ finances safe. This lack of oversight gets worse when you add the serious user complaints saying they cannot withdraw large amounts. These two problems - no regulation and believable claims about blocked withdrawals - are major warning signs. While "scam" is a legal term, Xlibre shows a pattern that puts it clearly in the unsafe and untrustworthy category. This article will break down the evidence step by step, giving you the information you need to make a smart decision and protect your capital.

Original 2026-03-09 17:53

HeroFx Review: Withdrawal Problems, Scam Alert & Risks

Is HeroFx safe? Uncover withdrawal problems, payout issues, and scam risks before depositing. Download the WikiFX App now for regulation checks and trader complaints.

Original 2026-03-09 15:27