ZERO Markets Review 2026

Founded in 2017, ZERO Markets is a multi-asset broker operating under the Australian Securities and Investments Commission (ASIC) and New Zealand's Financial Markets Authority (FMA), alongside offshore entities registered in Mauritius and St. Vincent and the Grenadines. The firm uses an ECN/STP execution model, providing direct market access across forex, indices, commodities, shares, and cryptocurrencies.

Account options are split between two models: the commission-free Standard account, which features floating spreads from 1 pips, and the Super Zero account, which delivers raw spreads from 0 pips paired with a $5.00 round-turn commission ($2.50 per side). Both account types require an initial deposit of $100. Trading takes place on MetaTrader 4 and MetaTrader 5, supported by copy trading, automated trading tools, and VPS hosting.

Trading conditions include zero internal fees on standard deposits and withdrawals, unrestricted scalping and hedging, and leverage up to 1:500 through offshore accounts. Regulatory protections vary by jurisdiction: retail leverage under ASIC is capped at 1:30, negative balance protection is explicitly guaranteed only for Pro Trader accounts, and none of the operating entities provide an investor compensation scheme. The setup is geared toward active traders, algorithmic strategies, and scalpers utilizing raw spreads and automated execution.

Pros and Cons

Who Regulates ZERO Markets?

ZERO Markets operates through multiple corporate entities spanning tier-1 and offshore jurisdictions. Its Australian entity is authorized and regulated by the Australian Securities and Investments Commission (ASIC), while New Zealand operations fall under the Financial Markets Authority (FMA). International clients are onboarded through offshore entities regulated by the Financial Services Commission (FSC) of Mauritius and registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines under registration number 503 LLC 2020. Available regulatory protections, leverage limits, and formal recourse channels depend on which entity holds the client account.

How Your Money Is Protected

Client funds are held in segregated bank accounts separate from the firm's operational balances, ensuring client capital is not used to fund business activities or internal hedging. However, ZERO Markets does not participate in any statutory investor compensation scheme, meaning there is no third-party compensation fund available in the event of broker insolvency. Negative balance protection is explicitly guaranteed on MT4 and MT5 Pro Trader accounts, but standard retail accounts operate under terms where negative balance protection is not universally guaranteed.

Company Background and Track Record

Founded in 2017, ZERO Markets is an unquoted private brokerage with regional corporate offices in Sydney (Australia), Ebene (Mauritius), Auckland (New Zealand), and Kingstown (St. Vincent and the Grenadines). Operating on an ECN/STP execution model, the firm routes orders directly to external liquidity pools without requoting. The broker primarily targets retail and wholesale traders seeking raw-spread pricing models and low-latency infrastructure.

Trading Costs

Trading costs at ZERO Markets depend on the chosen account model. The Standard account relies solely on floating spreads starting from 1 pips with $0 commission, integrating trading costs entirely into the bid-ask markup. The Super Zero account utilizes an ECN pricing structure with raw spreads originating at 0 pips, accompanied by a flat commission of $2.50 per lot per side ($5.00 per standard lot round-turn). For index CFDs such as the S&P 500, costs are absorbed directly through the variable point spread with $0 separate commissions.

Non-Trading Fees

Deposit Fees

ZERO Markets levies no internal fees on deposits. Traders may fund their balances through bank wire transfers, credit cards, digital wallets, or cryptocurrencies without incurring broker-side deductions, although intermediary banking institutions or local payment gateways may apply external handling fees.

Withdrawal Fees

The broker charges $0 internal handling fees on most routine withdrawals. However, international bank wire withdrawals are subject to a flat $10 transaction fee. Depending on the payment service provider or card issuer used, third-party processing fees of 1% to 4% or flat transfer charges on certain e-wallets may be deducted prior to settlement.

Inactivity Fees

ZERO Markets imposes an inactivity fee of $0. Accounts that remain dormant without active trading positions or transactional volume do not incur maintenance penalties or recurring balance reductions.

Overnight Financing

Positions held past daily market close incur overnight financing (swap) debits or credits based on prevailing interbank interest rate differentials. To accommodate clients observing Sharia principles, swap-free Islamic accounts are provided across both Standard and Super Zero models. Rather than charging interest, overnight holdings on Islamic accounts may be subject to a fixed administration fee.

Currency Conversion Charges

ZERO Markets does not charge conversion fees on standard trading operations within currency pairs or CFDs. However, currency conversion fees apply when making deposits or withdrawals in a currency that differs from your account's base currency (AUD, USD, EUR, or GBP). These conversion margins are applied by the servicing payment gateways or processing financial institutions.

Standard Account

The Standard Account uses a spread-only pricing framework without separate ticket commissions. It requires a minimum opening deposit of $100 and offers floating spreads starting from 1 pips across major currency pairs. Trading is executed on an STP model across both MetaTrader 4 and MetaTrader 5, with order sizes beginning at a micro-lot of 0.01. Available base currencies include AUD, USD, EUR, and GBP.

Super Zero Account

The Super Zero Account is tailored for high-volume traders, algorithmic strategies, and scalpers demanding tight spread access. It maintains the same $100 minimum deposit requirement as the Standard tier, but delivers raw spreads starting from 0 pips. A fixed commission of $2.50 per side ($5.00 per round-turn standard lot) is levied on currency transactions. This account provides access to identical execution infrastructure, base currencies, and both MT4 and MT5 platforms.

Islamic Account

The Islamic Account offers a Sharia-compliant environment free of overnight swap interest. Available on both the Standard and Super Zero pricing models across MT4 and MT5, it carries a $100 minimum deposit. Instead of conventional rollover interest, the broker applies a flat daily administrative fee for positions kept open overnight. Traders establish this configuration by opening a live account and requesting Islamic status verification through client support.

Account Comparison

MetaTrader 4

ZERO Markets offers MetaTrader 4 (MT4), accessible across Windows, macOS, and standard web browsers. The platform features native technical charting tools, multiple timeframe analyses, automated trading execution via Expert Advisors (EAs) coded in MQL4, and pre-integrated Autochartist plugins. It operates on ECN-style market execution without broker requotes, supporting order sizes down to 0.01 lots.

MetaTrader 5

For traders seeking expanded analytical tools and broader market capabilities, ZERO Markets provides MetaTrader 5 (MT5). MT5 supplies an updated multi-asset execution environment, increased chart timeframe configurations, built-in economic calendars, and enhanced algorithmic performance through MQL5. It accommodates identical order types and zero-requote execution while maintaining full compatibility with the broker's liquidity feeds.

WebTrader

WebTrader delivers platform access directly via desktop and mobile internet browsers without requiring local software installation. Supporting the functional layouts of both MT4 and MT5, WebTrader enables traders to open and manage positions, adjust stop-loss and take-profit parameters, view real-time streaming quotes, and monitor margin allocations across Windows and Mac environments.

Mobile Trading

Mobile access is facilitated through dedicated MetaTrader 4 and MetaTrader 5 applications for iOS and Android devices, alongside an in-house mobile app developed by ZERO Markets for client management and mobile oversight. Mobile users can monitor live pricing, view real-time charting with standard indicators, execute pending or market orders, and review transaction histories from smartphones or tablets.

Execution and Trading Tools

ZERO Markets routes client transactions through an ECN/STP execution network designed to fill orders at the next available market price without requotes. Order placement allows unrestricted hedging, scalping, and news trading without minimum stop distances. Additionally, the broker provides complimentary Virtual Private Server (VPS) hosting via third-party hosting partners for clients meeting defined monthly volume requirements, minimizing latency for continuous automated execution.

Algorithmic and Copy Trading

Algorithmic trading is fully supported natively through MT4 and MT5 using Expert Advisors, MQL scripting, and automated indicator setups; however, the broker does not supply standalone proprietary FIX or REST APIs. Copy trading is available through dedicated integrations with Signal Start and Brokeree, primarily supported on MT4. With a $100 minimum deposit, followers can subscribe to strategy providers using customizable allocation ratios or fixed volume settings, while experienced traders can register to distribute signals.

ZERO Markets provides CFD trading across five primary financial sectors, allowing clients to access directional price movements without taking physical ownership of underlying assets.

Information on this area is not publicly disclosed regarding additional asset classes outside of CFDs on forex pairs, stocks, indices, commodities, and cryptocurrencies.

Maximum Leverage

The maximum leverage provided by ZERO Markets is 1:500 for major currency pairs on offshore accounts and eligible wholesale/professional accounts. For retail clients registered under Australian ASIC regulation, leverage is strictly capped at 1:30 for major forex pairs in accordance with statutory requirements. Across non-forex asset classes, leverage decreases incrementally: index and commodity CFDs are capped at 1:100, equity CFDs at 1:20, and cryptocurrency CFDs at 1:5. While high leverage increases position capacity, it proportionally magnifies downside exposure during adverse market moves.

Margin Calls and Stop-Out Levels

ZERO Markets enforces a two-tier margin control framework across its trading terminals. A margin call is initiated when account equity falls to 100% of the required margin, alerting the trader to deposit additional capital or reduce exposure. If account equity drops further to 50% of the required margin, the automated stop-out mechanism triggers, systematically liquidating open positions at prevailing market prices to curb escalating losses.

Risk Management Tools

Traders can utilize native terminal risk parameters on MT4 and MT5, including stop-loss orders, take-profit limits, and trailing stops to control individual trade risk. Although the broker's execution policy fills orders at the best available market price without requotes, slippage can occur across high-volatility news releases. Negative balance protection is explicitly guaranteed on MT4 and MT5 Pro Trader accounts, but retail accounts operate under standard provisions where negative balance forgiveness is assessed on a non-guaranteed basis.

How to Fund Your Account

Account funding at ZERO Markets requires a minimum deposit of $100 across both Standard and Super Zero tiers. Clients can deposit using bank wire transfer, credit and debit cards (Visa, Mastercard), payment services (Apple Pay, Google Pay), and electronic wallets including Skrill, Neteller, Interac, Airtm, SEPA, Epay, Sticpay, and POLi, as well as local gateways like Boleto and Pix. Digital currency deposits are supported via Finrax, Bitcoin, Ethereum, Tether, Litecoin, Ripple, Bitcoin Cash, and USD Coin. ZERO Markets charges $0 internal deposit fees. Card, e-wallet, and cryptocurrency transfers are credited immediately, while standard bank transfers settle within 3 hours.

How Withdrawals Work

Withdrawals are submitted through the secure client portal using the same method used for depositing, adhering to standard anti-money laundering regulations. The broker levies $0 internal withdrawal fees on most digital gateways; however, international bank wire transfers incur a flat $10 handling charge. Processing timelines vary across channels: e-wallet requests are generally completed within 1 business day, card repayments require 3 to 5 business days, and international bank transfers settle in 3 to 7 business days. External payment providers or card issuers may also deduct handling charges between 1% and 4%.

Ways to Contact ZERO Markets

• Support Hours: 24/5 (Monday to Friday)
• Live Chat: Available on the ZERO Markets official website
• Email Support: [email protected]
• Telephone Support: +61 (0)2 7908 3133
• Supported Languages: English, Korean, Vietnamese, Thai, Malaysian, Indonesian, and Chinese

What Customers Say About ZERO Markets Support

Customer feedback regarding ZERO Markets support reflects a polarized experience. Many users praise the service for quick response times, personalized communication, and helpful assistance through live chat and direct messaging channels. Traders highlighting positive experiences frequently commend staff professionalism and swift onboarding guidance.

Conversely, critical reviews center heavily on prolonged account verification delays and account restriction issues when initiating fund withdrawals. Several traders report waiting extended periods for identity approval or experiencing communication breakdowns when complex administrative reviews occur.

"Good support from customer service on live chat. Very good!"

"Good support! I got lots of good support from here and the staff member also answer my question very clear!"

"Verification I am very disappointed with this broker’s service. There is no proper response from the support team regarding my verification process. It has already been 20 days, and my account is still not verified. If the verification process takes this long, I am concerned about how long withdrawals would take. This level of delay and lack of communication is unacceptable. Based on my experience, I do not recommend anyone to use this broker."

Market Research

ZERO Markets provides integrated technical analysis tools within its trading platform ecosystem. This includes built-in Autochartist plugins for MT4 and MT5, which automatically scan financial markets to identify chart patterns, Fibonacci setups, and key support and resistance levels. In addition, MT5 accounts incorporate real-time financial market news feeds and an interactive economic calendar to track scheduled macroeconomic announcements.

Trading Education

Educational materials hosted by ZERO Markets consist primarily of instructional video tutorials and informational blog articles. These resources explain foundational platform navigation, order placement procedures, and fundamental market principles. While useful for understanding core mechanics, the library lacks advanced structured curricula or interactive seminar formats.

Beginners

A $100 minimum deposit, free demo accounts, and a simple spread-only Standard account give newer traders an accessible entry point. However, support operates 24/5 rather than around the clock, and the broker lacks a comprehensive educational curriculum, making it less accommodating for absolute novices who require structured guidance.

Active Traders

For high-frequency trading, the Super Zero account combines raw spreads from 0 pips with a $5.00 round-turn commission ($2.50 per side). Fast ECN-style market execution without requotes and an absence of internal deposit or inactivity fees help contain overall transaction costs.

Scalpers

Scalping strategies are fully permitted across all accounts on MT4 and MT5, with no minimum stop-distance constraints enforced. When paired with raw 0 pip spreads and institutional liquidity on the Super Zero account, this setup allows short-term traders to execute rapid entries and exits.

Algorithmic Traders

Automated trading models run natively via Expert Advisors (EAs) in MQL4 and MQL5 across MT4 and MT5. The broker provides complimentary VPS hosting to maintain low-latency uptime for clients meeting trading volume thresholds, though algorithmic traders seeking direct proprietary REST or FIX APIs will find support limited to native MetaTrader scripting.

Experienced Traders

Offshore accounts with leverage up to 1:500, unrestricted hedging, and copy-trading options via Signal Start and Brokeree offer solid utility for seasoned market participants. However, the absence of a statutory investor compensation scheme and the lack of guaranteed negative balance protection across standard retail accounts represent meaningful considerations.

We assess brokers using our methodology, which combines our own data, broker documentation, regulatory records, pricing information, platform analysis, account information, and third-party customer feedback where specifically required. We evaluate areas including safety, trading costs, platforms, market range, accounts, leverage, deposits and withdrawals, customer service, research, education, and suitability for different trading styles. Where possible, important factual claims are checked against primary sources and dated because broker conditions can change.

Competitive raw pricing and unconstrained order execution make ZERO Markets a practical option for algorithmic traders, scalpers, and active market participants. The Super Zero account stands out by pairing raw spreads from 0 pips with a $5.00 round-turn commission per standard lot and a modest $100 entry requirement. Operating across MetaTrader 4 and MetaTrader 5, the environment permits scalping, hedging, news trading, copy trading, and automated Expert Advisors, supported by complimentary VPS options for clients meeting trading volume thresholds.

These technical advantages are balanced by regulatory differences across jurisdictions that prospective clients should review carefully. Legal protections depend heavily on regional entity registration: retail leverage is restricted to 1:30 under ASIC, negative balance protection is explicitly guaranteed only for Pro Trader accounts rather than general retail tiers, and no investor compensation fund exists in the event of default. Customer service feedback also indicates occasional administrative bottlenecks during identity verification. ZERO Markets is most practical for experienced and high-volume traders who prioritize raw spreads and algorithmic execution over structured educational resources and statutory compensation guarantees.