“Zero Markets is a Forex and CFD broker offering to trade on more than 10,000+ different markets covering Forex, Indices, Commodities, Cryptocurrencies and Equities. Users can trade on the MetaTrader 4, MetaTrader 5 or Iress trading platforms across two account types offering raw spreads.”
Zero Markets is authorised and regulated by the Australian Securities and Investments Commission (ASIC). The broker offers strong safety and transparency through the segregation of client funds which are held with the Commonwealth Bank of Australia, as well as top tier liquidity.
Users are offered more than 10,000+ different CFD instruments to trade on covering Forex, Indices, Commodities, Cryptocurrencies and Equities across 4 different continents from two core trading accounts called the Standard Account (commission-free) and the Super Zero Account which offers raw pricing with $3.50 commission per lot per side for FX.
The broker offers the ability to trade on the MetaTrader 4, MetaTrader 5 and Iress trading platforms for desktop, web and mobile, with access to a maximum 500:1 leverage. They also offer 24 hours a day, 5 days a week customer support in a variety of languages including English, Chinese, Korean, French, Spanish, Turkish, Arabic, German, Italian, Polish, Indian, Malaysian but with limited trader education and research.
Pros: | Cons: |
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☑️ Regulations | ASIC (Australia) |
🗺 Supported Languages | Arabic, Chinese, English, French, German, Hindi, Italian, Korean, Malaysian, Polish, Spanish, Turkish |
💰 Products | Crypto, Futures, Currencies, Indices, Commodities |
💵 Min Deposit | $200 |
💹 Max Leverage | 1:500 (ASIC) |
🖥 Trading Desk Type | DMA |
📊 Trading Platforms | MT5 |
💳 Deposit Options | Bpay, Broker to Broker, Credit Card, Neteller, PayPal, Skrill, Wire Transfer |
💳 Withdrawal Options | Credit Card, Neteller, PayPal, Skrill, Wire Transfer |
🤴 Demo Account | Yes |
🗓 Foundation Year | 2017 |
🌎 Headquarters Country | Australia |
“Zero Markets is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under the name Zero Financial Pty Ltd and offers segregated client funds and top-tier liquidity.”
Zero Markets is a brand name of Zero Financial Pty Ltd which is authorised and regulated by the Australian Securities and Investments Commission (ASIC), as confirmed on the Australian register below:
Zero Markets offers a high level of safety and transparency of funds by stating on their website that they segregate client funds from company funds and hold the funds with one of the big four banks in Australia, the Commonwealth Bank of Australia.
“Zero Markets offers users the ability to trade on more than 10,000+ financial CFD instruments covering Forex, Indices, Commodities, Cryptocurrencies and Equities from four different continents.”
Zero Markets offers a wide range of CFD instruments to trade on covering all major asset classes. This includes Forex (70+), Indices (12), Energies (3), Metals (12), Cryptocurrencies (5) and Equities (10,000+) from four different continents.
Below is a list of just some of the available markets for trading:
Forex | Equities | Indices |
EURUSD | ASX (2,165) | AUS200 |
GBPSEK | NYSE (1,885) | US30 |
CADJPY | LSE (1,674) | UK100 |
USDCHF | HKE (2,149) | CHINA50 |
AUDNZD | Commodities | Cryptocurrency |
USDTHB | WTI | BTCUSD |
GBPDKK | XAUUSD | BCHUSD |
USDRUB | XAGAUD | LTCUSD |
USDMXN | XAUAUD | RPLUSD |
* Details regarding the available assets are taken from the Zero Markets website and trading platform and are correct at the time of this review.
Trading costs such as spreads, commissions and overnight funding (swap) rates vary depending on the instrument being traded and account type opened are covered further down this review.
“Zero Markets offers two core trading accounts called the Standard Account and Super Zero Account. They also offer access to MAM/PAMM accounts and demo trading accounts.”
Zero Markets offers two core trading accounts called the Standard Account and Super Zero Account.
The Standard Account has the lowest minimum deposit of just 200 AUD and offers commission-free trading with spreads starting from 1 pip. The Super Zero Account has a higher minimum deposit of 1,000 AUD or equivalent with raw spread pricing starting from 0 pips and commission of $3.50 per lot, per side. Users can also fund accounts in a variety of currencies including AUD, USD, EUR, GBP, SGD, HKD, JPY, NZD, CHF or CAD.
The broker prides themself on providing clients with true raw-pricing with liquidity from over 50 different banks and dark pool liquidity sources. To open an account users simply need to click on the Open Account button on the broker’s homepage which will redirect to a trading application form, as shown below:
The application process consists of five steps but to activate an account users will need to provide proof of identity and proof of address. This can be done by logging into the broker’s Client Portal area once registered. This area allows users to open and manage live and demo trading accounts and access other features such as deposit and withdrawal methods.
The broker also provides access to Multi Manager/PAMM accounts and does not accept clients from the United States, Japan, Singapore, New Zealand and other countries.
“Zero Markets offers a wide variety of deposit and withdrawal methods such as credit and debit cards, bank wire transfer, Neteller, Skrill, Paypal, BPay and Broker-to-Broker.”
Zero Markets offers a wide variety of deposit methods which can be found on their website and include credit and debit cards, bank wire transfer, Neteller, Skrill, Paypal, Bpay and Broker to Broker. Deposits are fee-free when funding MetaTrader 4 and MetaTrader 5 trading accounts via credit and debit card, Neteller, Paypal, Skrill and Bpay.
Withdrawal of funds need to be requested from the client portal area and are also fee-free. However, the broker will pass on any international bank wire transfer fees which are approximately 20 USD. Domestic withdrawals within Australia are fee-free as are credit and debit cards and the e-wallets available to fund with.
“Zero Markets offers users the ability to trade on the globally recognised MetaTrader 4 and MetaTrader 5 trading platform, as well as the advanced Iress platform for desktop and web.”
Zero Markets offers a wide variety of trading platforms suitable for both beginner and advanced traders to trade on multiple asset classes.
Zero Markets MetaTrader 4
The Zero Markets MetaTrader 4 trading platform is available for desktop download and offers features such as:
Zero Markets MetaTrader 5
The Zero Markets MetaTrader 5 trading platform is available for desktop download and offers features such as:
Zero Markets MetaTrader Web Trader
Zero Markets offers the ability to trade on the MetaTrader 4 and MetaTrader 5 Web Trader platform. This requires no download and the ability to trade on multiple asset classes with access to one click trading options and raw-spread pricing.
Zero Markets Iress Trading Platform
The broker also provides access to the active trader platform called Iress ViewPoint. This platform offers features such as:
The Zero Markets MetaTrader platform is covered in more detail in the video review. A screenshot of the Zero Markets MetaTrader 4 trading platform for Windows desktop download is shown below:
“Zero Markets offers users the ability to access mobile trading on the go from the MetaTrader 4, MetaTrader 5 and Iress trading platforms for Android and iOS systems.”
Zero Markets offers users the ability to access mobile trading on the go from the MetaTrader 4, MetaTrader 5 and Iress mobile trading apps for both Android and iOS systems. The app download links can be found on the broker’s website, the client portal area or in the Google PlayStore or Apple AppStore.
The MetaTrader mobile trading app offers the same manual trading features and real-time technical analysis tools as the desktop and web versions, such as the ability to:
The Zero Markets MetaTrader 4 mobile trading app is covered in more detail in the video review.
“Zero Markets does not offer any additional trading features beyond what is available in the MetaTrader Marketplace such as Signal services and custom programming for indicators and automated trading strategies.”
Zero Markets does not offer any additional trading features beyond what is available in the MetaTrader Marketplace such as Signal services and custom programming for indicators and automated trading strategies. This can be accessed from the Zero Markets MetaTrader 4 or MetaTrader 5 trading platforms once downloaded.
“Trading costs with Zero Markets vary depending on the market being traded and the account type opened. The Standard Account offers commission-free trading with spreads starting from 1 pip and the Super Zero Account offers commission-based trading with access to raw-spreads from 0 pips.”
Trading costs with Zero Markets vary depending on the market being traded and the account type opened.
The Standard Account offers commission-free trading with spreads starting from 1 pip and swap (overnight) charges payable.
The Super Zero Account offers access to raw-spreads starting from 0 pips with commissions of $3.50 per lot, per side and swap (overnight) charges payable.
Fortunately, the broker does provide a comparison of spreads on each of the accounts as the example for the Forex market shows below:
Zero Markets Forex Spreads
The broker also provides detailed information regarding swap (overnight) fees on their website. A sample is shown below:
Zero Markets Forex Swaps
The fees for Equity CFDs on the Iress trading platform are not listed on the broker’s website.
“In accordance with regulatory restrictions, Zero Markets does not offer any bonuses or promotions.’’
“Zero Markets offers customer support 24 hours a day, 5 days a week via Live Chat, Telephone and Email in a variety of different languages including English, Chinese, Korean, French, Spanish, Turkish, Arabic, German, Italian, Polish, Indian, Malaysian. They also offer a Support FAQ section.”
Zero Markets offers customer support 24 hours a day, 5 days a week via Live Chat, Telephone and Email in a variety of different languages including English, Chinese, Korean, French, Spanish, Turkish, Arabic, German, Italian, Polish, Indian, Malaysian.
They also offer a Support FAQ section which covers questions regarding Account Opening, Company Information, Funding & Withdrawals, Trading and Partners.
After logging into the Live Chat function we were greeted by an agent promptly who answered our question, as shown below:
Contact Information:
“Zero Markets does not provide any trader research tools or articles on its website but does provide access to an economic calendar.’’
Zero Markets does not provide any trader research tools or articles on its website but does provide access to an economic calendar, as shown below:
“Zero Markets provides access to educational resources covering a wide amount of topics in article format, as well as via a glossary and e-book section.’’
Zero Markets provides access to educational resources in the form of written technical and fundamental analysis articles, E-books and guides.
“Zero Markets provides a very competitive Forex trading offering for both beginner and advanced traders, with the ability to trade commission-free or commission-based with access to raw spreads starting from 0 pips.”
From our observations, Zero Markets provides a competitive Forex trading offering suitable for both beginner and advanced traders. The broker offers the simplicity of two accounts, the commission-free Standard Account and commission-based Super Zero Account which provides access to raw spreads.
Through both accounts users can access other CFD instruments such as Indices, Commodities and Cryptocurrencies. The broker also offers access to the MetaTrader 4, MetaTrader 5 and Iress trading platforms although not much information is provided on the latter and how to access the 10,000 Equity CFDs that are potentially available to trade on.
Is Zero Markets regulated?
Yes, by the Australian Securities and Investments Commission (ASIC).
Where is Zero Markets based?
Zero Markets is based at Level 5, Exchange House, 10 Bridge St, Sydney NSW 2000.
How does Zero Markets make money?
Zero Markets makes money mainly through spreads, swaps and commissions on certain trading accounts and asset classes.
How do I deposit in Zero Markets account?
Funds can be deposited into a trading account via credit and debit cards, bank wire transfer, Neteller, Skrill, Paypal and Bpay.
What is the min. deposit for Zero Markets?
The minimum deposit is 200 AUD, or equivalent.
How do I withdraw money from Zero Markets?
Withdrawals can be made from Zero Markets via credit and debit cards, bank wire transfer, Neteller, Skrill, Paypal and Bpay.
What is the max leverage in Zero Markets?
The maximum leverage offered by Zero Markets is 500:1.
How do I open an account with Zero Markets?
An account can be opened at the click of a button on the Zero Markets website and can be done in just a few steps.
Does Zero Markets use MetaTrader?
Yes, MetaTrader 4 and MetaTrader 5.
“Zero Markets is a Forex and CFD broker offering to trade on more than 10,000+ different markets covering Forex, Indices, Commodities, Cryptocurrencies and Equities. Users can trade on the MetaTrader 4, MetaTrader 5 or Iress trading platforms across two account types offering raw spreads.”
Zero Markets is a brand name of Zero Financial Pty Ltd which is an authorised representative of First Prudential Markets Pty Ltd. Both entities are authorised and regulated by the Australian Securities and Investments Commission (ASIC). The broker offers strong safety and transparency through the segregation of client funds which are held with the Commonwealth Bank of Australia, as well as top tier liquidity.
Users are offered more than 10,000+ different CFD instruments to trade on covering Forex, Indices, Commodities, Cryptocurrencies and Equities across 4 different continents from two core trading accounts called the Standard Account (commission-free) and the Super Zero Account which offers raw pricing with $3.50 commission per lot per side for FX.
The broker offers the ability to trade on the MetaTrader 4, MetaTrader 5 and Iress trading platforms for desktop, web and mobile, with access to a maximum 500:1 leverage. They also offer 24 hours a day, 5 days a week customer support in a variety of languages including English, Chinese, Korean, French, Spanish, Turkish, Arabic, German, Italian, Polish, Indian, Malaysian but with limited trader education and research.
Headquarters Country | Australia |
Foundation Year | 2017 |
Regulations | ASIC (Australia) |
Publicly Traded | No |
Number Of Employees | 0-50 |
Trading Desk Type | DMA |
Trading Platforms | MT5 |
Restricted Countries | Afghanistan, Albania, Algeria, Andorra, Angola, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan, Bahamas, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Chad, Chile, Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote dIvoire, Cuba, Curacao, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Faroe Islands, Fiji, French Polynesia, Gabon, Gambia, Georgia, Ghana, Gibraltar, Greenland, Grenada, Guam, Guatemala, Guernsey, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, India, Iran |
Supported Languages | Arabic, Chinese, English, French, German, Hindi, Italian, Korean, Malaysian, Polish, Spanish, Turkish |
Min Deposit | $200 |
Max Leverage | 1:500 (ASIC) |
Deposit Options | Bpay, Broker to Broker, Credit Card, Neteller, PayPal, Skrill, Wire Transfer |
Withdrawal Options | Credit Card, Neteller, PayPal, Skrill, Wire Transfer |
Crypto | Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple |
Products | Crypto, Futures, Currencies, Indices, Commodities |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | Yes |
Automated Trading | Yes |
API Trading | Yes |
Guaranteed Stop Loss | No |
Guaranteed Limit Orders | Yes |
Guaranteed Fills / Liquidity | Yes |
Economic calendar | Yes |
Trading From Chart | Yes |
One-Click Trading | Yes |
Expert Advisor | Yes |
Social Trading | No |
Autochartist | Yes |
Trading Signals | Yes |
Platform Languages | Arabic, English, French, German, Hindi, Italian, Korean, Malaysian, Polish, Russian, Spanish, Turkish, Vietnamese |
24 Hours Support | Yes |
Support During Weekends | No |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | No |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | No |
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
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