ZERO

Zero is a China-based trading services provider founded on 27 May 2021. The company operates exclusively under the domain zerorefine.com and caters primarily to the Chinese market, as evidenced by its minimum deposit requirement in yuan. Its service offering includes retail forex and CFD trading, along with commodities and share stocks.

Despite its relatively recent establishment, Zero has not yet built a public track record or independent user reviews, which limits the available information for traders seeking verification. The broker's operational history is short, and its presence in the industry remains niche.

Zero is not regulated by any known financial authority. Our records confirm that no regulatory licences are on file, and the broker does not claim supervision from any major regulator such as the FCA, CySEC, or ASIC. This absence of regulatory oversight is a significant risk factor.

Trading with an unregulated broker means there is no formal investor protection scheme, no external dispute resolution, and no mandatory segregation of client funds. Traders should be aware that in the event of a dispute or broker failure, they have limited recourse. FXCanary's Scam Risk Score of 75/100 reflects these severe concerns.

The broker offers a single standard personal account with a minimum deposit of 1,000 yuan. A demo account is also available for practice, which is a common feature among retail brokers. The lack of multiple account tiers, such as Islamic or premium accounts, may limit options for certain traders.

According to the broker's website, spreads can be as low as 0, suggesting a raw spread model possibly with a commission. However, no specific spread tables or commission rates are provided publicly, making it difficult to assess the true cost of trading.

Zero provides the MetaTrader 4 (MT4) platform, a staple in the retail forex industry. MT4 is known for its reliability, extensive charting tools, and support for automated trading through Expert Advisors (EAs). The broker does not mention any proprietary platform or mobile app beyond the standard MT4 offerings.

Given that MT4 is a third-party platform, traders should verify that the broker offers a stable connection and adequate server infrastructure. No information is available on execution policies, order types, or slippage tolerance.

The broker lists Forex, commodities, and share stocks as tradeable instruments. This multi-asset offering allows traders to diversify within a single account. However, the specific number of currency pairs, commodity instruments, or stock CFDs is not disclosed.

Without a detailed instrument list, traders cannot evaluate whether the broker covers major, minor, or exotic pairs, or which commodity products are available. The absence of indices or cryptocurrency CFDs may be a limitation for some traders.

The minimum deposit of 1,000 yuan indicates a focus on retail clients in China. The broker does not publicly list accepted payment methods, such as bank transfers, credit cards, or e-wallets. Withdrawal policies, processing times, and fees are also not specified.

This lack of transparency around funding is a red flag. Traders should expect clear information on deposit and withdrawal procedures before committing funds. In an unregulated environment, there is additional risk of delays or difficulties in accessing funds.