ZFX Review
ZFX in a nutshell
ZFX demonstrates a low-risk profile (FXCanary Scam Risk Score: 14/100) due to its dual regulation, transparent account structures, and established presence since 2018. However, the offshore Seychelles license and high leverage up to 1:2000 introduce elevated risk for conservative traders. We recommend verifying regulatory status and understanding the implications of trading under the Seychelles entity before committing funds.
FXCanary rates ZFX at 14/100 scam risk (Low risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Beginner traders with low capital (Mini account)
- Traders seeking high leverage up to 1:2000
- International clients outside restrictive EU regulations
Cons
- Traders requiring strict regulatory protection (e.g., EU clients under ESMA rules)
- Risk-averse investors uncomfortable with offshore regulation
- U.S. residents (CFD trading is restricted)
Regulation & licenses
Every licence on file for ZFX, as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| FCA | Inst Forex Execution (STP) | 768451 | Regulated | United Kingdom |
| FSA | Derivatives Trading License (EP) | SD027 | Offshore Regulation | Seychelles |
Account types & conditions
Account tiers and trading conditions on record for ZFX.
| Account | Min. deposit | Max. leverage | Min. spread | Commission |
|---|---|---|---|---|
| ECN | ≥ $ 1000 | 1 : 2000 | From 0.2 | -- |
| Standard STP | ≥ $200 | 1 : 2000 | 1.3 | -- |
| Mini | ≥ $ 50 | 1 : 2000 | 1.5 | -- |
ZFX is a forex and CFD broker based in Seychelles, with records dating to 2018-03-29. It reports oversight from FCA, FSA.
FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.
On Trustpilot, ZFX holds a real-user score of 3.0/5 across 65 reviews.
Finally, beware of impersonation: we tracked 6 clone website(s) copying ZFX. Always reach the broker through its verified official domain, never via links in ads or messages.
Scam-risk findings
- Authorised by Tier-1 regulator(s): FCA, FSA
- Registered in Seychelles (offshore, light oversight)
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.