ZERO TRADE

Zero Trade is a forex and CFD broker that claims to offer trading services through its website at zerofx.trade. According to official records, the entity is registered in New Zealand and was founded in July 2025. However, our review found that the broker provides no verifiable regulatory oversight, and public information about its operations is extremely limited. The broker's website appears to feature content that is otherwise associated with BlackBull Markets, a separate regulated broker, raising questions about the authenticity of Zero Trade's own branding.

This lack of transparency and the recent incorporation date make it difficult for traders to assess the broker's reliability. Zero Trade's registration in New Zealand does not imply financial regulation, as the country's Companies Office does not oversee brokerage activities in the same manner as financial conduct authorities. As such, potential clients should approach with significant caution.

Zero Trade is not regulated by any known financial authority. Our records confirm that no regulators are listed for this broker. While the broker's website mentions being "Multi-Regulated" in one section, further inspection reveals that this claim appears to be inherited from the BlackBull Markets template and does not apply to Zero Trade itself.

The absence of regulation means that traders have no recourse to any compensation scheme or independent dispute resolution body. This is a major red flag, especially for retail traders who rely on regulatory safeguards to protect their funds and ensure fair trading practices. We strongly advise traders to verify any regulatory claims independently before depositing funds.

Zero Trade offers three ECN account types, which are detailed in the data table below. The ECN Standard account requires no minimum deposit, while the ECN Prime requires $2,000 and the ECN Institutional requires $20,000. All accounts offer a maximum leverage of 1:500. The broker does not publish specific spreads or commissions in its known facts, but industry databases suggest spreads may start from 0.0 pips on higher-tier accounts, with commissions applicable.

These account tiers are designed to cater to different trader segments, from beginners to high-volume professionals. However, without independent verification of trading conditions, it is impossible to confirm whether these terms are consistently applied. The lack of historical performance data or audited statements further obscures the true cost of trading.

Zero Trade's website lists MetaTrader 4 and MetaTrader 5 as available platforms, along with TradingView. The broker claims to offer over 26,000 tradable instruments, including forex pairs, commodities, equities, indices, and cryptocurrencies. These figures are typical of multi-asset brokers, but they appear to be copied from BlackBull Markets' materials.

We were unable to verify the actual range of instruments available under Zero Trade. Given the confusion with BlackBull Markets' branding, it is possible that Zero Trade does not yet have its own liquidity providers or execution infrastructure. Traders should exercise extreme caution and test any demo account thoroughly before committing real funds.

Based solely on the known facts, Zero Trade appears to target both retail and institutional traders, given the wide range of minimum deposits from $0 to $20,000. The high leverage of 1:500 may appeal to aggressive traders seeking maximum exposure, but it also amplifies risk. The broker's suitability is severely undermined by its lack of regulation and the questionable origin of its website content.

For conservative or regulation-focused traders, Zero Trade is entirely unsuitable. Even for experienced traders comfortable with offshore brokers, the lack of transparency and the apparent repurposing of another broker's site create an unacceptable level of uncertainty. We cannot recommend this broker to any category of trader without substantial regulatory information.