Zero Markets is an international broker, operating as a licensed broker in Australia, and globally as an offshore broker.
Officially owned and operated by Zero Financial Pty Ltd, they are located at; Level 5, Exchange House, 10 Bridge St, Sydney NSW 2000 Australia. Their contact phone number is: +448009174388 or +61282526866. Customer support email address is: [email protected].
If you have a broker complaint or problems making a withdrawal, read this.
Zero Markets Review
The first thing we noticed when reviewing the CFD Forex & Stock broker Zero Markets, is that they are offering a choice of MT4 or MT5. Investors will find the mobile and desktop versions of the MetaTrader platforms available.
They offer high leverage rates of up to 500:1, which is attractive for risk taking day traders using their offshore entities. Australians will find that the highest leverage is limited to 30:1 by ASIC. Five different account types are offered, and the difference is the size of spreads and commissions. Most traders choose between the standard account or the super zero, depending on your trading style.
Zero Markets website is localized in many Asian Pacific countries including; English, Korean, Vietnamese, Thai, Mayalisan, Indonesian and Chinese. Minimum deposit for a new trading account at Zero is only $100.
Is Zero Markets a Regulated Broker?
Yes, The broker is operated by two different entities depending on your country of residence. If you are an Australian, then they are licensed by ASIC. If you live outside of Australia, you will be investing with their Saint Vincent domiciled subsidiary.
- Australia: Zero Financial Pty Ltd (ZERO Markets, ABN 72 623 051 641) is actually an Authorised Representative (No. 001273819) of First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFSL 286354. Official website: https://www.zeromarkets.com.au/. (First Prudential also owns FP Markets.)
- International clients are trading at an entity called: Zero Markets LLC, which is located at: First St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent’s and the Grenadines. Official website: https://www.zeromarkets.com/.
On June 28th 2021, the CNMV in Spain warned investors that Zero Markets is not licensed in Spain, see here.
Comparing between different brokers is actually very easy, once you know what you are looking for. The first thing to check for, is a valid license from your local government regulator. A legitimate broker is licensed and regulated locally, while a scam broker is not.
Scam Broker Investigator reviews brokers to know if they are a scam or a real legitimate broker by checking their license. Investors and Day Traders always use a regulated broker, so that their funds are safe and stored in segregated bank accounts. It’s very important for day traders and investors to double check, that they broker they are investing with, is licensed and regulated.
If you were solicited by a phone call from a broker offering to manage your money, you can be sure that they are a scam.
Compare Popular Brokers
Fusion Markets is an ASIC Australia regulated broker, offering a fresh new approach to commission pricing. Fusion offers you a full list of assets for trading including; US Shares, Oil, Gold, Crypto and Forex. You can use either MT4 or MT5 trading apps, see here.
What was your experience trading with Zero Markets? Please write your review in the comment section below.