ZF MARKETS

ZF Markets is an online forex and CFD broker that launched in July 2025, headquartered in Mauritius. The broker operates under the entity ZEN Capital Markets LTD, which it claims is regulated by the Financial Services Commission of Mauritius (FSC) under license number GB24202819. However, as of the time of this review, FXCanary has not independently verified this regulatory status in its public records, and traders are advised to exercise caution.

The broker offers a multi-asset trading platform with access to over 500 cash CFDs across forex, indices, commodities, stocks, and ETFs. It highlights the use of MetaTrader 4 (MT4) as its trading platform and promotes features such as tight spreads, fast execution, and segregated client funds. Security measures include SSL encryption and PCI compliance.

ZF Markets claims regulation by the FSC Mauritius, a common offshore regulator. While the FSC is a legitimate authority, it is not as stringent as top-tier regulators like the FCA or ASIC. The broker's registered address is in Ebene, Mauritius. Traders should note that brokers regulated by the FSC may not offer the same level of investor protection, such as compensation schemes, as those under stricter jurisdictions.

Given that FXCanary's records currently list no regulators on file, this discrepancy between known facts and the broker's own claims warrants careful consideration. Potential clients should verify the license directly with the FSC before depositing funds.

ZF Markets provides four live account tiers designed to cater to different trader profiles. The Basic account requires a €250 minimum deposit and offers floating spreads starting from 1.5 pips on EUR/USD with leverage up to 1:100. The Bronze account, with a €5,000 minimum, reduces spreads to 1.2 pips and increases leverage to 1:200. The Platinum account demands a €10,000 minimum for spreads as low as 0.8 pips and leverage up to 1:400. A VIP account is available on request.

The broker states that there are no minimum deposit requirements in certain promotional contexts, which contradicts the account table. Leverage is variable across accounts, with higher levels for larger deposits. All accounts use floating spreads, implying that costs can vary with market conditions.

The broker claims to offer over 500 CFD instruments spanning major asset classes: forex majors, minors, and exotics; stock indices like the AUS200; commodities including gold and silver; individual stocks; and ETFs. Trading is conducted on the MetaTrader 4 platform, a widely used third-party platform known for its advanced charting and automated trading capabilities.

ZF Markets does not mention any proprietary platform or additional tools. The availability of specific instruments may depend on the account type and region. The broker also provides a demo account with €100,000 in virtual funds for practice.

With relatively high minimum deposits (€250 for Basic, €5,000 for Bronze, €10,000 for Platinum), ZF Markets appears to target committed retail traders with some capital rather than absolute beginners. The tiered account structure is typical of brokers aiming to attract volume-based traders through tighter spreads and higher leverage at higher tiers.

The unverified regulatory status and offshore licensing may appeal to traders who prioritize flexibility over strict oversight, but it also raises red flags for those seeking top-tier regulatory protection. The broker explicitly excludes residents of the US, Canada, North Korea, Iran, Japan, Singapore, and Myanmar.

The broker states that it offers a range of funding methods, though specifics are not detailed on the website. Support is claimed to be available 24/7 via phone and email, with a contact number provided (+23052971940). The broker also has a presence on Facebook, Instagram, and LinkedIn.

Clients are reportedly assigned dedicated account managers with over 15 years of experience. However, given the broker's recent inception (2025), these claims cannot be independently verified.