ZFX Review

ZFX and Zeal are trading names of Zeal Capital Market (UK) Limited. The company is authorised and regulated by the Financial Conduct Authority (FCA) under reference number 768451.

Trading assets are distributed into 20 currency pairs, 5 commodities, 9 indices and 3 cryptocurrencies.

Customers can trade through the MetaTrader 4 (MT4) terminal. It is an industry leading trading platform that offers advanced trading and technical analysis tools that can be used directly for automated trading. The terminal is available on most devices.

The company offers two types of accounts – Standard and ECN. The spread of the EUR/USD pair starts at 1.2 pips in the Standard account. The ECN account offers raw spreads at the expense of some commission.

The website warns that you can lose more money than you deposit. The Risk Disclosure document confirms this, informing that Zeal Capital Market staff are unable to guarantee a maximum loss that you may suffer. The Client Categorisation document informs that Zeal Capital Market (UK) Limited, only conducts business with Professional Clients, and Eligible Counterparties, and does not conduct business with Retail clients. So, professional clients are not covered by the negative balance protection.

The website does not provide information about the minimum deposit requirement or payment methods available.

Overall, this is the FCA-regulated company that provides service only for professional clients. There is minimal information on the website, so if you are classified as a professional client, you should communicate with the company compliance department for more details.