Zenfinex Review and Detailled Analysis 2021
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Zenfinex Review and Detailled Analysis 2021

Home » Zenfinex Review and Detailled Analysis 2021

Zenfinex Overview:

    • Regulated: N/A
    • Head Country: United Kingdom
    • Min $200 Deposit
    • Operating Since: 2015
    • Type: STP, ECN
    • Spread: Variable
    • Commission: N/A
    • Platforms: ZenConnect, FIX API, MetaTrader 4, Web, Mobile
    • Funding: Wire Transfer, Credit/Debit Cards
    • Spread: Variable

Zenfinex Review

With its registered office in London, United Kingdom, Zenfinex is a globally recognized retail and institutional brokerage firm formed by traders for traders. They provide traders with sophisticated trading platforms, including the MT4 platform, for trading many financial products, including forex, indices, metals, stocks, energies, and commodities.

In this detailed Zenfinex review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Zenfinex Overview

Zenfinex is an online trading broker that operates the STP execution model with no dealing desk intervention. The broker is based in the United Kingdom and boasts of a global clientele. They offer a multitude of trading instruments via the MT4 trading platform. In addition to a multilingual client support team, traders also benefit from educational resources and trading tools.

Zenfinex Regulation

Zenfinex Limited is a company registered in England and Wales under registered number: 11077380. The firm is regulated and authorized by the Financial Conduct Authority (FCA) under firm reference number [FRN]: 816055.

Zenfinex Countries

The information on the broker’s website is not directed at residents of the United States or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Some Zenfinex features and products mentioned within this Zenfinex review may not be available to traders from certain countries because of legal restrictions.

If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada, or our best brokers for all other countries.

Zenfinex Platforms

Zenfinex provides traders with multiple cutting-edge platforms to cater to the need of every individual trader. They include the following:

MetaTrader 4

This is one of the most popular and robust trading platforms within the industry; it integrates seamlessly with the broker’s STP/NDD matching engine execution, and it features advanced charting with customizable indicators, scripts, and the ability to automate trades using expert advisors. The MT4 platform is available in desktop, web, and mobile versions.

ZenConnect

This is an app that has been built with a transparent STP execution model. It allows both beginners and expert traders to chat amongst a community 24 hours a day from anywhere in the world without missing a market move. The platform has a slick, easy-to-navigate interface with a built-in charting package that allows traders to plot indicators and trend lines with relative ease.

FIX API

The financial information Exchange (FIX) protocol is developed specifically for the real-time electronic exchange of global trading transactions, including equities, futures, and forex. Zenfinex supports the FIX messaging version 4:4.

Zenfinex Trading Tools

There are no standalone trading tools on the broker’s website presently.

Zenfinex Education

The broker’s website has an FAQ section that is designed to offer a quick and knowledgeable answer to some of the most common questions traders may have.

Zenfinex Instruments

Zenfinex offers the following trading instruments: forex, indices, metals, stocks, energies, and commodities.

Zenfinex Accounts & Fees

Zenfinex offers multiple live trading account options to suit the trading needs of clients. They have different required minimum deposits as follows: Mini ($50), Standard ($5,000), and Pro ($25,000) Accounts. There is also the demo account which enables beginner traders to try out the broker’s platforms and practice risk-free trading with virtual funds.

As broker fees can vary and change, there may be additional fees that are not listed in this Zenfinex review. It is imperative to ensure that you check and understand all of the latest information before you open a Zenfinex broker account for online trading.

Zenfinex Support

The broker’s customer support team is available 24/5 to interact with traders via telephone, Live Chat, support ticket, email, and social media.

Zenfinex Deposit & Withdrawal

Traders are allowed to deposit and withdraw funds to and from their trading accounts using any of the following payment methods:

  • Bank wire transfer
  • Credit /Debit card
  • ACH
  • Paper cheque

Zenfinex Account Opening

There is a ‘Live Trading’ button on the broker’s website. Prospective traders are required to click on the button, fill the displayed form, and then submit.

It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.

Zenfinex Summary

Zenfinex is a regulated trading broker that provides the trader with multiple intuitive platforms for trading a range of financial instruments online. There are multiple account options to suit all types of traders.

Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Zenfinex Review and Detailled Analysis 2021 Details

Comissions
Min Deposit
Restricted Countries
Regulation
trading-instrument
Head Country
Broker Type
Leverage
Spread
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Price & Leverage
5.0
Trading Options & Tools
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Comisions & Payment options
5.0
Customer Support
5.0 Overall Rating
Zenfinex Review and Detailled Analysis 2021
5.0/5
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