ZERO Markets

Evaluating broker safety requires assessing the licensing status of operating legal entities, corporate governance, and client fund handling protocols. ZERO Markets delivers institutional-grade trade routing through regulated frameworks, providing legal protection governed by jurisdictional parameters.

Regulatory Licenses and Legal Entities

ZERO Markets serves international clients via distinct legal entities established across multiple regulatory environments. Operating under a multi-tier structure, the broker balances the rigorous consumer protection framework of Australia with the higher operational flexibility offered by its offshore subsidiaries.

Client Fund Protection

ZERO Markets segregates all client capital from company operational funds. Client money is deposited with reputable top-tier banking institutions and is not utilized for corporate operational expenses or institutional counterparty hedging. However, retail clients must note that ZERO Markets does not participate in a statutory investor compensation scheme under any of its jurisdictions. In the event of broker insolvency, clients do not have recourse to statutory compensation funds.

Negative balance protection availability depends directly on the legal entity and account tier. Pro Trader account holders operating on MT4 and MT5 are explicitly granted contractual negative balance protection, preventing liabilities from exceeding deposited balances. For general retail accounts, the broker aims to assist clients in recovering from unexpected market gaps, but guaranteed negative balance protection is not universally assured across standard offshore retail agreements.

Company History and Transparency

ZERO Markets was established in 2017 and is a privately held brokerage headquartered at Level 3, Exchange House, 10 Bridge Street, Sydney, NSW 2000, Australia. The broker maintains international administrative and corporate offices in Ebene (Mauritius), Kingstown (Saint Vincent and the Grenadines), and Auckland (New Zealand). The firm operates as a non-publicly traded entity and adheres to standard institutional reporting and Know Your Customer compliance standards across its operational footprint.

What Traders Say About ZERO Markets Safety

be attention scam broker no trading in live no withrawl

Other Options

For a like-for-like regulatory comparison, TMGM and Eightcap are the most relevant alternatives to ZERO Markets. All three carry the same tier-1 classification. Both alternatives also overlap with ZERO Markets under ASIC and FSC oversight. None of the three lists an investor compensation scheme.

Account onboarding at ZERO Markets is fully digitized, allowing traders to register, verify their identities, and fund accounts via an integrated Client Portal.

Who Can Open an Account?

ZERO Markets accepts retail and institutional clients from numerous global jurisdictions, allocating applicants to specific entities based on residency and regulatory requirements. However, strict international compliance precludes individuals residing in specific restricted countries from opening an account. Notable restricted jurisdictions include the United States, Japan, Canada, New Zealand, the European Union (including Denmark, Italy, Slovenia, Sweden, Spain, Bulgaria, and Croatia), the United Kingdom, Malaysia, Indonesia, Vietnam, Thailand, South Africa, Russia, Iran, Iraq, Cuba, North Korea, and Syria, among others.

Registration and Verification

To adhere to international Anti-Money Laundering (AML) and Know Your Customer (KYC) standards, all new clients must complete mandatory identity verification before gaining unrestricted live trading access. The onboarding workflow requires providing:

1. Proof of Identity (POI): A clear copy of a valid government-issued photo ID, such as an international passport, national identification card, or driver's license.
2. Proof of Address (POA): A recent utility bill, municipal tax bill, or bank statement issued within the last 3 to 6 months confirming full legal name and residential address.

Document submissions are processed through the online portal, with compliance reviews typically concluded within one business day.

Base Currencies and Initial Funding

Clients can configure live trading accounts in four major base currencies: USD, AUD, EUR, and GBP. Setting an account in the primary funding currency helps traders bypass ongoing currency exchange deductions during routine deposits and withdrawals. The minimum initial funding threshold is established uniformly at $100 (or equivalent base currency value) across standard account structures.

What Traders Say About Their Account Opening

They didn't verify my account in 2 months.

Which Account Should You Choose?

ZERO Markets provides two primary retail trading account structures designed around distinct cost-allocation preferences, alongside Sharia-compliant variants. Below is an overview comparing their trading conditions:

The Standard Account uses an all-inclusive pricing model with floating spreads starting at 1 pips and zero commissions, eliminating separate transaction calculations. In contrast, the Super Zero Account is engineered for high-volume trading, scalping, and automated Expert Advisors, delivering direct market access pricing with raw spreads from 0 pips paired with a competitive standard lot commission. Both accounts share identical access to trading terminals, base currencies, and execution servers.

Islamic / Swap-Free Account

Muslim traders who require compliance with Sharia law can convert either their Standard or Super Zero account into an Islamic swap-free profile. In an Islamic account, standard overnight rollover interest (swaps) is eliminated completely. Instead, open positions held overnight past standard rollover cut-offs are subject to a flat administrative fee. Traders must first establish a verified standard live account and formally apply for Islamic conversion via customer support.

What Traders Say About Their Account Types

love this broker with good service staff and good spread on ECN account

Trading costs at ZERO Markets are centered around variable floating spreads, with fee schedules determined by whether the client operates on a markup-inclusive Standard profile or an ECN-style Super Zero account.

Spreads and Commissions

The Standard account incorporates broker remuneration entirely into the bid-ask spread, producing typical baseline spreads starting at 1 pips on major currencies without standalone trade surcharges. The Super Zero account delivers direct raw institutional quotes from 0 pips, charging a dedicated commission starting at $2.50 per side ($5.00 round turn) or up to $3.50 per side ($7.00 round turn) depending on the regional entity and instrument traded.

Spreads fluctuate in real-time according to interbank liquidity, widening during major economic news and overnight rollover windows.

Other Charges

Deposits

ZERO Markets charges $0 in internal deposit processing fees across all supported funding pathways. Any incidental charges incurred during account top-ups originate from intermediary banking networks or independent third-party e-wallet providers.

Withdrawals

The broker does not assess internal withdrawal fees for the majority of standard payout gateways. However, international bank wire withdrawals are subject to a flat $10 processing charge imposed by routing facilities, while third-party payment gateways or domestic banking partners may deduct transfer fees typically varying between $20 and $50 for international wire, or 1% to 4% on payment card services.

Inactivity

ZERO Markets does not charge an account inactivity fee. Dormant accounts with remaining positive balances are not eroded by ongoing non-trading maintenance penalties.

Overnight Positions

Holding CFD contracts overnight past standard platform rollover (GMT+2 / GMT+3 DST) incurs overnight financing charges (swaps), which reflect interbank lending differentials. Positions held across Wednesday night traditionally incur triple-swap rates to account for weekend settlement. Clients holding swap-free Islamic accounts pay a flat administrative fee instead of variable interest rollovers.

Currency Conversion

The broker does not charge explicit currency conversion fees on trade execution when trading non-base assets. However, funding or withdrawing in a currency different from the account's designated base currency triggers third-party exchange conversions administered by the processing bank or payment processor. Certain specialized payment gateways may assess up to a 1% processing fee plus a 1% country surcharge on non-matched currency routings.

What Traders Say About Their Costs

good broker with good spread and surely good spread

Other Options

ADSS and CPT Markets both sit close to ZERO Markets on pricing, using floating-spread pricing with commissions. ADSS is compared at 1.2/1.7 vs 1.1/1.75 on EUR/USD and GBP/USD, while CPT Markets is compared at 1.2/1.7 vs 1.2/1.8 on EUR/USD and GBP/USD.

ZERO Markets occasionally provides promotional incentives, such as its 50% "Power Up" deposit bonus, which awards eligible non-ASIC international traders up to $10,000 in promotional trading credit to expand usable margin. In addition to deposit incentives, the broker coordinates a 9-month global trading contest known as the World Trading Competition (WTC), featuring a total cash prize pool of $150,000 across three qualification rounds and a $100,000 Final Cup with a $50,000 champion award. Because qualifiers take place on demo accounts, participation involves no direct capital risk. The broker also maintains structured partner channels, including an Affiliate Introducing Broker (IB) model, a Refer-a-Friend program offering up to $1,000 in milestone bonuses, and a dedicated wholesale VIP program offering tailored volume rebates. Promotional availability is contingent upon jurisdictional compliance and is not accessible to retail clients registered under ASIC regulation.

What Traders Say About Their Promotions

My rebate of 530 usd has not been credited to my wallet after one week.

Other Options

easyMarkets and Octa are both relevant promotion alternatives to ZERO Markets, although the exact overlap differs between them. For easyMarkets, the percentage-based deposit comparison is 50% deposit bonus vs 50% tradable bonus up to $2000. For Octa, the percentage-based deposit comparison is 50% deposit bonus vs 50% deposit bonus on each deposit.

ZERO Markets organizes its technology infrastructure around the established MetaTrader terminal network, complementing core trading suites with cross-platform web capabilities and an in-house mobile application.

MetaTrader 4

MetaTrader 4 (MT4) remains the core environment for forex traders at ZERO Markets. Supported on Windows, macOS, and web browsers, MT4 provides responsive charting capabilities, numerous pre-installed technical indicators, multiple order execution types, and full support for automated Expert Advisors (EAs). The terminal also functions as the host infrastructure for the broker's integrated copy trading and social signal services.

MetaTrader 5

MetaTrader 5 (MT5) serves as the advanced multi-asset platform, providing expanded market depth (DOM), an integrated economic calendar, 21 distinct charting timeframes, and native 64-bit multi-threaded processing. MT5 accommodates programmatic trading via the MQL5 programming framework, allowing clients to develop custom indicators and backtest complex algorithmic strategies across all available equity and CFD instruments.

WebTrader

WebTrader allows traders to access their accounts directly through modern web browsers without installing desktop software. Operating across both MT4 and MT5 account architectures, WebTrader retains essential charting tools, technical indicators, and one-click order placement functionality while maintaining platform mobility across various operating systems.

Mobile App Experience

In addition to standard mobile MetaTrader applications, the broker delivers a dedicated proprietary application entitled "ZERO Markets – Trade & Invest" for iOS and Android environments. Key technical specifications of the app are detailed below:

Trading Tools

ZERO Markets enriches standard MetaTrader environments with downloadable Autochartist plugins, providing automated technical pattern recognition, key support and resistance mapping, and volatility alerts. Clients also have access to dedicated MAM/PAMM account management interfaces designed for professional money managers allocating volume across multiple sub-accounts.

Order Execution

The broker operates an ECN/STP execution model, clearing orders at the first available market price with no dealer requotes. This market-execution framework minimizes artificial order distance constraints, enabling high-frequency market entry and exit during normal trading hours.

Automated and Copy Trading

Algorithmic trading is fully integrated into the broker's MetaTrader infrastructure. Rather than supplying proprietary direct FIX APIs, ZERO Markets supports programmatic execution through native MQL4 and MQL5 scripts and Expert Advisors. The broker places no operational restrictions on hedging, scalping, or high-frequency strategies. Traders maintaining qualified trading volumes can receive complimentary Virtual Private Server (VPS) hosting through third-party hosting partners to ensure low-latency, uninterrupted automated execution.

Copy and social trading are natively integrated via partnerships with Brokeree and Signal Start on MT4. Starting with an initial allocation of $100, followers can review historical performance metrics, select strategy providers, configure fixed or proportional trade sizing multipliers, and replicate positions in real time directly from their Client Portal.

What Traders Say About Their Trading Platforms

Good spread in the MT4, and customer service also give a good service to us.

Other Options

FXCC and FXChoice both overlap closely with ZERO Markets on platform choice, with MT4, MT5, and Web shared in each comparison. Copy trading is available across all three. API trading is available across all three.

ZERO Markets features a multi-asset CFD catalog comprising over 900 tradeable instruments. The brokerage offering covers major financial asset classes, with deep coverage in global share CFDs alongside specialized commodities, bonds, and digital assets.

All instruments are traded exclusively as contracts for difference (CFDs), meaning traders speculate on price movements without taking physical ownership of underlying assets. The selection's primary strength lies in its equity CFD coverage, while fixed income and cryptocurrency offerings remain concentrated on core benchmark instruments.

Other Options

ADSS and OANDA both match ZERO Markets on overall market breadth (7 of 7 categories). ADSS is particularly close on forex (60 vs 60+) and stocks (813 vs ≈900). OANDA is particularly close on forex (60 vs 70) and commodities (15 vs 14).

Trading conditions at ZERO Markets reflect an institutional direct-market structure balanced by regulatory risk management safeguards.

Leverage by Asset Class

Maximum available leverage varies fundamentally between regulatory jurisdictions and asset classes. International clients registered under FSC Mauritius or the SVG entity can access maximum leverage up to 1:500. Conversely, retail accounts under the Australian ASIC entity are restricted by statutory limits to protect against excessive capital exposure:

• Major Forex Pairs: Up to 1:500 (Offshore / Wholesale); capped at 1:30 (ASIC Retail)
• Indices & Commodities: Up to 1:100
• Share CFDs: Up to 1:20
• Cryptocurrency CFDs: Up to 1:5

Eligible wholesale and professional clients who qualify under Australian regulatory standards may apply to trade with leverage up to 1:500.

Margin Requirements and Stop-Out Levels

ZERO Markets establishes clear margin monitoring thresholds across all standard accounts. The margin call level is set at 100%, alerting clients when account equity equals the required margin. The automatic stop-out margin level is set at 50%. If market movements push total equity down to 50% of required margin, the broker's automated liquidation system begins closing open positions systematically, starting with the largest losing position, to mitigate further balance erosion.

Position Limits and Trading Restrictions

The minimum order volume across forex and precious metals is 0.01 standard lots (1,000 units of base currency), allowing granular risk control. The broker maintains a permissive trading policy with zero minimum stop distances: hedging and scalping strategies are fully permitted. News trading is also permitted, allowing traders to execute around major macroeconomic events such as Non-Farm Payrolls (NFP) and central bank rate announcements, though clients should anticipate natural market spread widening and slippage during severe volatility spikes.

Risk Protection Features

Risk management relies primarily on standard MetaTrader stop-loss and take-profit mechanisms, which execute at prevailing market prices and do not guarantee protection against pricing gaps. Contractual negative balance protection is confirmed specifically for MT4 and MT5 Pro Trader account holders. Standard retail contracts do not guarantee universal negative balance liability across all offshore structures, meaning retail traders should maintain disciplined stop-loss risk controls.

Regional and Regulatory Differences

The operational divide between ASIC-regulated Australian accounts and offshore accounts forms the most material difference for traders. ASIC clients benefit from stringent local oversight, capital custody standards, and strict leverage caps of 1:30. Offshore accounts under FSC Mauritius and SVG FSA facilitate higher trading leverage up to 1:500 and participation in promotional bonus programs, but operate without statutory investor compensation arrangements.

ZERO Markets supports an extensive selection of funding gateways, incorporating international credit cards, standard bank wires, established e-wallets, and modern cryptocurrency rails.

Making a Deposit

Deposits can be executed directly within the secure Client Portal. ZERO Markets does not assess internal deposit fees, and the minimum deposit across all accepted methods is $100.

Card payments, electronic wallets, and cryptocurrency networks reflect instantly or upon blockchain confirmation, whereas traditional bank wires and SEPA transfers require up to 3 business hours or 1–3 business days depending on interbank settlement.

Withdrawing Funds

Withdrawals must adhere to anti-money laundering regulations, requiring funds to be repatriated via the originating payment method up to the initial deposited amount before alternative avenues can be used. Supported withdrawal channels and estimated timeframes include:

While the broker aims to process redemption requests within one business day, international bank transfers require 3 to 7 business days to clear intermediary banking rails and incur a flat $10 routing fee.

What Traders Say About Their Payment Methods

My shows a withdrawable balance of $21,101.36 USD, yet when I attempted to withdraw my funds, the system suddenly displayed the message: Restricting withdrawal access at the exact moment a client requests funds is extremely concerning and raises serious questions about fund security and transparency.

Other Options

BlackBull Markets and JustMarkets are both close funding alternatives to ZERO Markets. Shared deposit methods include Mastercard, Visa, Wire Transfer, while shared withdrawal methods include Mastercard, Visa, Wire Transfer.

ZERO Markets offers multilingual customer service structured to support active international trading hours.

How to Contact ZERO Markets

Clients can contact the support desk through digital and telephone channels during the financial trading week:

Support is delivered in multiple languages, including English, Korean, Vietnamese, Thai, Malaysian, Indonesian, and Chinese. Operating hours cover 24 hours a day, 5 days a week, aligning with global currency market trading from Monday morning through Friday evening.

What Traders Say About Their Support

Good support from customer service on live chat.

Other Options

ATC Brokers and N1CM: Number One Capital Markets both sit close to ZERO Markets on customer support, with feedback in each comparison described as mixed. With ATC Brokers, feedback highlights helpful guidance as a shared strength and unclear communication as a shared concern. With N1CM: Number One Capital Markets, feedback highlights helpful guidance as a shared strength and withdrawal resolution issues as a shared concern.

ZERO Markets equips traders with supplementary market analysis and learning materials, utilizing a combination of integrated portal content and third-party analytical software.

Research Tools

The broker's research suite features an integrated economic calendar tracking major global macroeconomic releases, consensus projections, and historical outcomes. To assist technical traders, ZERO Markets integrates Autochartist charting tools directly into the MetaTrader infrastructure, providing real-time pattern identification, key support and resistance levels, and probability-weighted trade setups. Additionally, the broker publishes regular market commentary and blog articles covering major market movements across forex, commodities, and benchmark indices.

Education

Educational materials cater predominantly to beginner and intermediate traders. The learning repository includes video tutorials that guide new users through MetaTrader software navigation, basic order placement, indicator configuration, and account management fundamentals. Supplementary educational blog posts introduce fundamental market concepts, risk management practices, and basic technical analysis methods. While practical for foundational onboarding, the educational offering lacks advanced institutional training courses or interactive daily live webinars.

ZERO Markets presents a capable trading environment tailored specifically for cost-conscious, active traders who prioritize execution reliability and direct-market platform integration. Founded in 2017 and anchored by tier-1 regulation from ASIC in Australia alongside regional licensing in Mauritius and registration in Saint Vincent and the Grenadines, the broker balances institutional oversight with flexible trading parameters. The $100 minimum deposit across all account tiers lowers entry barriers, granting accessible entry to institutional-grade pricing. The Super Zero account stands out as the broker's most compelling feature, delivering raw spreads from 0 pips paired with a competitive per-lot commission structure that directly benefits scalpers, day traders, and automated Expert Advisors.

However, prospective clients must weigh practical trade-offs. The broker relies entirely on the third-party MetaTrader suite (MT4 and MT5) alongside its proprietary mobile app, meaning traders seeking alternatives like cTrader or TradingView integration will not find them here. Furthermore, regulatory safeguards are divided: retail leverage under ASIC is strictly capped at 1:30, whereas international accounts enjoy leverage up to 1:500 but operate without statutory investor compensation schemes and with conditional negative balance protection. For algorithmic developers, active scalpers, and MetaTrader users seeking competitive ECN pricing and reliable funding channels, ZERO Markets provides an efficient and functional trading venue.

Our assessment considers relevant broker specifications, official documentation, regulatory records, pricing information, account and platform information, and third-party trader feedback where specifically required by the review methodology. Descriptive terms and classifications used throughout our reviews, including those relating to leverage and tradable instruments, are based on the criteria and definitions established in our review methodology. Broker conditions can change over time, and reviews reflect the verified operational parameters and regulatory frameworks applicable at the review date.