ZERO Markets Review 2026

Our Overall Verdict

Founded in 2017 and headquartered in Australia, Zero Markets is an ECN broker catering to traders seeking tight raw spreads and rapid trade execution. Operating under regulatory oversight from bodies including the Australian Securities and Investments Commission (ASIC), the Financial Markets Authority (FMA) in New Zealand, the Financial Services Commission (FSC) in Mauritius, and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, the brokerage provides access to global markets via MetaTrader 4, MetaTrader 5, and WebTrader. With an accessible minimum deposit of $100, segregation of client funds, and support for automated, copy, and scalping strategies, Zero Markets delivers a functional environment for active and algorithmic trading styles.

Who Should Use Zero Markets?

• Scalpers and day traders who benefit from raw spreads starting at 0 pips via the Super Zero account.
• Algorithmic traders utilizing Expert Advisors (EAs) on MT4 and MT5 alongside VPS hosting capabilities.
• Copy and social trading followers looking to leverage integrations with Signal Start and Brokeree.
• Traders seeking diverse funding methods, including credit cards, e-wallets, bank transfers, and cryptocurrencies.

Who Should Avoid Zero Markets?

• Traders located in restricted jurisdictions, such as the United States, Japan, Canada, and parts of Europe.
• Investors requiring a proprietary desktop trading terminal rather than MetaTrader software.
• Traders seeking coverage under a formal statutory investor compensation scheme.
• Retail clients who require universally guaranteed negative balance protection across all offshore entities.

Regulation and Licenses

Zero Markets was established in 2017 and operates through multiple corporate entities to serve global clients. The broker holds regulatory licenses and registrations across several jurisdictions, including the Australian Securities and Investments Commission (ASIC) in Australia and the Financial Markets Authority (FMA) in New Zealand. Additionally, international operations are conducted under the supervision of the Financial Services Commission (FSC) in Mauritius and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines under registration number 503 LLC 2020. Our internal scoring awards Zero Markets a 9.2 out of 10 for Trust & Safety, reflecting its established presence and tier-1 oversight in Australia.

Client Protection

Client fund safety at Zero Markets is reinforced by segregating client capital from corporate funds in accounts held with reputable banking institutions. Retail deposits are not utilized for company operational expenses or internal hedging purposes. While negative balance protection is provided for eligible Pro Trader accounts on MT4 and MT5, it is not universally guaranteed for every retail account across all operating entities. Traders should also note that the broker does not participate in a statutory investor compensation scheme.

Regulatory History

Since its founding in 2017, Zero Markets has expanded its licensing across Australasia and offshore hubs to accommodate a worldwide clientele. The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) standards, requiring identity and residential documentation prior to enabling full live account access.

Zero Markets operates as an ECN broker providing floating spreads across a diverse asset catalog that includes forex pairs, shares, indices, commodities, and cryptocurrencies. Trading is delivered primarily through the MetaTrader 4 and MetaTrader 5 ecosystems across desktop, web, and mobile environments. Accounts can be opened with a minimum deposit of $100 across base currencies including AUD, USD, EUR, and GBP. Maximum leverage reaches 1:500 for major currency pairs on offshore and professional accounts, while retail clients under Australian ASIC regulation operate under a 1:30 leverage cap. Active strategies such as scalping, hedging, news trading, and automated Expert Advisors are fully supported without restrictions on minimum order distances.

Spreads and Commissions

Zero Markets utilizes two distinct account structures tailored to different cost preferences. The Standard Account operates on a spread-only model with no added commission fees, where variable spreads start at 1 pip. The Super Zero Account is an ECN-style model offering raw spreads from 0 pips alongside a commission starting between $2.50 and $3.50 per side per standard lot (approximately $5.00 to $7.00 per round turn).

Average floating spreads across key benchmark instruments include 1.2 pips on EUR/USD, 1.7 pips on GBP/USD, 0.21 on Gold (XAU/USD), and 0.5 points on the S&P 500 CFD index. Our internal review scores Zero Markets at 7.6 out of 10 for Fees & Commissions.

Other Trading and Non-Trading Fees

Zero Markets imposes no account inactivity fees and charges no internal fees on deposits or withdrawals. Overnight positions are subject to standard swap (rollover) fees, while Islamic accounts replace interest-based swaps with a flat administrative fee for trades held overnight. In terms of non-trading costs, international bank wire withdrawals incur a flat $10 processing charge from payment gateways, and third-party payment providers or intermediary banks may apply their own transfer charges ranging from $20 to $50, or currency conversion fees when funding an account in a currency different from its base denomination.

Trading Platforms

Zero Markets provides trading access through MetaQuotes software suites, supporting both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These terminals are available as desktop applications for Windows and macOS, through WebTrader for direct browser access, and via dedicated mobile applications for iOS and Android devices. On mobile storefronts, the broker-branded application holds a rating of 4.33 on Google Play and 4.6 on the Apple App Store. The broker does not offer an in-house proprietary desktop software terminal.

• MetaTrader 4 (MT4): Robust charting, extensive technical indicators, and legacy Expert Advisor support.
• MetaTrader 5 (MT5): Advanced multi-asset trading tools, additional timeframes, and built-in economic calendars.
• WebTrader: Browser-based market access without requiring local software installation.

Execution and Trading Tools

Operating on an ECN execution model, Zero Markets routes orders directly to market pricing without requotes, executing trades at the first available market price once triggered. Slippage can occur during extreme volatility, but the absence of minimum stop distances makes the execution environment practical for short-term traders. The broker enhances the MetaTrader suite with integrated Autochartist plugins to help identify technical chart patterns.

Automated and Copy Trading

Automated trading is supported via MQL4 and MQL5 scripts and Expert Advisors running inside MT4 and MT5. While Zero Markets does not issue standalone FIX or direct custom API keys, traders can utilize native platform scripting and internal APIs. Traders meeting specific volume criteria are eligible for complimentary Virtual Private Server (VPS) hosting to maintain low-latency trade execution. For social investing, Zero Markets integrates with copy trading networks including Signal Start and Brokeree on MT4, enabling clients to follow signal providers with customized trade scaling or publish their own strategies.

Forex and CFDs

Zero Markets offers trading across five core asset classes: foreign exchange, stocks, indices, commodities, and cryptocurrencies. Currency traders have access to major, minor, and exotic currency pairs with leverage up to 1:500 on offshore accounts and up to 1:30 under ASIC retail limits. Trading is executed in contract sizes starting from micro-lots (0.01 lots).

Stocks, Indices, Commodities and Other Markets

Beyond foreign exchange, the broker provides derivative access to equity shares, global equity indices, and primary commodities such as energies and metals (including Gold, with an average spread of 0.21). Leverage limits vary by asset class: indices and commodities can be traded with leverage up to 1:100, share CFDs are capped at 1:20, and cryptocurrency derivatives can be leveraged up to 1:5. Our internal score for Tradable Instruments is 7.9 out of 10.

Available Account Types

Zero Markets provides three primary account options suited to various trading preferences, with base currency choices including AUD, USD, EUR, and GBP:

• Standard Account: Designed for straightforward cost management with zero commissions and spreads starting from 1 pip.
• Super Zero Account: Tailored for active traders and scalpers, featuring raw spreads from 0 pips and commission starting from $2.50 to $3.50 per side per standard lot.
• Islamic Account: Swap-free trading compliant with Sharia law, available across both Standard and Super Zero pricing structures with flat administrative fees replacing interest.

Minimum Deposit

The minimum deposit across both the Standard and Super Zero accounts is $100 USD (or equivalent in AUD, EUR, or GBP). Free demo accounts are also available for traders who want to practice strategies or test the MetaTrader environment under simulated market conditions. Our internal evaluation rates the Account Opening process at 8.7 out of 10.

Leverage and Margin

Maximum available leverage reaches up to 1:500 for major currency pairs on offshore and eligible wholesale accounts. For Australian retail accounts subject to ASIC regulatory rules, forex leverage is limited to 1:30. Across non-forex asset classes, maximum leverage is set at 1:100 for indices and commodities, 1:20 for shares, and 1:5 for cryptocurrencies. The margin call level is set at 100%, and the stop-out level triggers at a 50% margin level.

Deposit Options

Zero Markets supports a wide range of account funding channels, including credit/debit cards (Visa, Mastercard), mobile payment methods (Apple Pay, Google Pay), bank wire transfer, SEPA, and online banking (POLi, Interac). E-wallet options include Skrill, Neteller, Airtm, Epay, and Sticpay. In addition, the broker supports digital asset deposits through Finrax and direct cryptocurrencies, including Bitcoin, Ethereum, Tether, Litecoin, Ripple, Bitcoin Cash, and USD Coin. Deposits made via cards, e-wallets, and crypto are processed instantly, while bank transfers typically take up to 3 hours. Zero Markets levies no internal deposit fees.

Withdrawal Options

Withdrawals can be processed back through the same methods used for funding, including cards, bank wire, e-wallets, and supported cryptocurrencies. The broker does not charge internal withdrawal fees; however, third-party processing costs can apply, including a $10 fee on international wire transfers or standard bank intermediary charges between $20 and $50. Processing timelines vary by method: e-wallet payouts typically complete within 1 business day, card transactions take 3 to 5 business days, and bank wire transfers generally require 3 to 7 business days to settle. Deposits & Withdrawals receive an internal score of 8.2 out of 10.

Support Channels and Availability

Customer service at Zero Markets is available 24 hours a day, 5 days a week (24/5). Assistance can be reached through three primary channels: live chat on the website, email support at [email protected], and phone support via an Australian contact number (+61 (0)2 7908 3133). The support department accommodates multiple languages, including English, Korean, Vietnamese, Thai, Malaysian, Indonesian, and Chinese.

Our Support Experience

The customer support operation demonstrates solid responsiveness across digital messaging and live chat, answering basic account, funding, and platform inquiries effectively. Our internal rating scores Zero Markets customer support at 7.1 out of 10, reflecting functional availability during market hours, although continuous 24/7 weekend coverage is absent.

Zero Markets provides educational and market analysis resources aimed at assisting clients in tracking financial markets. Research materials primarily include blog articles covering market overviews and educational video tutorials designed to guide users through platform features and core trading concepts. Additionally, clients have access to Autochartist plugin tools integrated into the MetaTrader platform to assist in scanning charts and identifying potential trading patterns. The broker also hosts demo-based trading contests, including the multi-round World Trading Competition featuring a cumulative $150,000 prize pool. Internal evaluation rates the broker's research and education tools at 8.9 out of 10.

Zero Markets for Beginners

Beginners will find an accessible entry barrier due to the modest $100 minimum deposit, fee-free deposits, and the availability of risk-free demo accounts. However, the educational resources are largely limited to basic video tutorials and blog posts, meaning new traders may need to seek comprehensive foundational market education elsewhere.

Zero Markets for Day Traders and Scalpers

Day traders and scalpers are well accommodated by Zero Markets. The Super Zero account provides raw spreads from 0 pips, supported by an ECN execution model that does not place minimum order distance restrictions. Rapid entry and exit strategies are permitted, and the broker allows full scalping and news trading without administrative penalties.

Zero Markets for Algorithmic Traders

Algorithmic traders can execute automated strategies via Expert Advisors on MetaTrader 4 and MetaTrader 5 using native MQL scripting. Low-latency execution is aided by complimentary VPS hosting for clients who satisfy specified trading volume thresholds, and strategies such as hedging and grid trading are fully supported.

Zero Markets for Experienced Traders

Experienced and wholesale traders can access flexible account features, competitive commission rates, and high leverage up to 1:500 on offshore or professional accounts. Fund managers can take advantage of MAM and PAMM allocation setups, while active partners can participate in Introducing Broker and affiliate rebate structures.

Common Positive Feedback

Traders who leave positive reviews frequently commend Zero Markets for its competitive pricing structure, specifically highlighting the raw spreads on the Super Zero account and transparent commission rates. Clients regularly report satisfactory experiences with platform stability on MetaTrader 4 and 5, rapid execution without requotes, and swift deposit processing across varied local payment methods and cryptocurrency options. Additionally, numerous users express satisfaction with customer support representatives resolving inquiries promptly through live chat.

Common Complaints

Conversely, critical trader feedback centers primarily on delays experienced during the account onboarding and identity verification (KYC) stages, with some users reporting waiting multiple weeks for compliance review. Other traders express frustration over withdrawal processing times, specifically pointing to standard delays associated with international bank wire transfers or third-party banking charges. Additional criticisms mention geographic access restrictions that prevent traders from certain countries from opening an account.

Trustpilot and App Store Ratings