Zero Markets Review 2024

2.5 / 5
Zero Markets is #108 in our CFD broker rankings.

Zero Markets will serve traders looking for the well-known MetaTrader platforms, algo trading features and MAM/PAMM accounts. On the downside, the broker falls short when it comes to education for beginners.

- Daytrading Review Team

Zero Markets is an Australian broker offering 2000+ forex, CFDs and ETFs on the MetaTrader platforms. Aimed at both retail and institutional investors, Zero Markets is regulated in Australia, Mauritius and St Vincent and the Grenadines. The brokerage aims to provide top-tier liquidity, with transparent ECN pricing and 24/5 customer support.

MT4, MT5
Forex, CFDs, indices, commodities, cryptocurrencies, ETFs
$100 refer a friend
Neteller, Skrill, Visa

Forex Trading

Zero Markets offers a good range of 70+ currency pairs with spreads from 1 pip and high leverage up to 1:500. Traders can utilize the customisable MetaTrader platforms and advanced charts to develop forex strategies.

Stock Trading

Zero Markets offers over 2000 equities and an economic calendar to stay ahead of stock market news. The broker also offers extended hours trading on major US shares, which is not available at many alternatives.

CFD Trading

Zero Markets offers thousands of CFDs across multiple markets including indices and commodities. CFD traders can also test the broker's features in MT4 or MT5 demo accounts.

Crypto Trading

Zero Markets offers a small selection of 12 cryptocurrencies with margins from 2%. Crypto deposits are also available with no fees charged by the broker.


  • Highest Client Satisfaction 2016 - Investment Trends Australia CFD Report

✓ Pros

  • Market-leading MT4 and MT5 platforms available via web browser, desktop and mobile
  • Instant funding methods with no fees, plus a range of Asian currencies supported
  • Social/copy trading features, plus MAM/PAMM accounts for those who want a hands-off approach
  • Low commissions from $2.5 per side in the Super ZERO account and no commissions in the Standard account
  • Popular ETFs provided by Vanguard and BlackRock
  • A VPS service and AI-powered trading tools

✗ Cons

  • Limited educational resources and tools compared to many brokers
  • Lack of transparency around account fees
  • Slow response times via live chat

Zero Markets is an online broker offering 10,000+ tradeable products, including forex, CFDs, cryptocurrency and commodities. This review covers the MT4 trading app, how to login to the client portal, welcome bonuses and withdrawals. Find out whether Zero Markets is the right broker for you.

Zero Markets Overview

Zero Markets is an Australian broker regulated by the Australian Securities and Investments Commission (ASIC) since 2016. The global company is owned by ZERO Financial Pty Ltd and is an authorised representative of First Prudential Pty Markets Ltd.

Trading Platforms

Zero Markets offers the MT4 and MT5 trading platforms in addition to the IRESS platform and a web-based alternative.

MetaTrader 4

The MetaTrader 4 (MT4) platform, touted as the world’s most popular trading platform, offers fast execution, one-click trading, advanced charting and live pricing streams. Users can also fully customise the interface and access support in several languages.

The MT4 platform can be downloaded directly from the Zero Markets website and is a great option for forex trading. Alternatively, the web trader platform can be accessed from an internet browser.

Zero Markets trading platform
Zero Markets trading platform

MetaTrader 5

Alternatively, clients can trade on the MetaTrader 5 (MT5) platform. This is a multi-asset platform that offers tools for comprehensive analysis, EA trading and copy trading. The MT5 platform offers 80+ indicators, graphical objects and multiple order types. The platform was built to facilitate the trade of CFDs, stocks and futures.

MT5 is also available through an internet browser, with no download required.

IRESS ViewPoint

Zero Markets offers access to the IRESS ViewPoint platform. This platform is designed to be compatible with a wide range of internet browsers. IRESS ViewPoint offers automatic data syncing, 50+ drawing tools, 59 technical indicators and access to exchange pricing and market depth analysis.


You can trade over 10,000 products at Zero Markets:

ETF trading is also available.

Spreads & Commission

Zero Markets promises tight spreads. On the EUR/GBP and GBP/USD pairs, spreads start from 0.1 and 0.2 pips respectively, and average around 1.67 and 1.85 pips. Spreads on the XAU/USD start from 0.16. Commission is payable at $3.5 per lot.

Unfortunately, the broker could be more transparent about additional fees. It’s unclear whether there are account inactivity charges and the extent of swap fees.


Leverage is available from 1:1 up to a maximum of 1:500. Although high leverage can facilitate larger returns, it can also significantly increase risk.

Users can make a request to change leverage rates from the client portal in the MetaTrader platforms. To switch between a leveraged or non-leveraged account on the IRESS platform, email

Mobile App

Zero Markets offers an option to trade on-the-go with their mobile app. MT4, MT5 and IRESS trading platforms are supported on the mobile platform. To download, search for MT4 or MT5 in the App Store or Google Play store. The app offers customisable trading layouts, access to charts, one-click trading and a user-friendly interface.

Zero Markets mobile trading
Zero Markets mobile trading

Payment Methods

Payment methods accepted by Zero Markets include credit/debit cards, bank wire transfer, Neteller, Paypal, Skrill, Paytrust, Poli and Bpay. The minimum deposit requirement is $200. Payments by credit/debit cards provide instant funding and there are no fees.

Withdrawals take 3-5 business days to be processed. Payment by bank wire will take one business day to be credited and international fees may apply. Paypal, Neteller and Skrill withdrawals must be made from the same account from which the funds were sent.

Demo Account

Traders can sign up for a free demo account with Zero Markets. Users can trial both the MT4 and MT5 platforms and choose between a raw, standard or leveraged account. Demo accounts are loaded with virtual funds, are suitable for novice and experienced traders alike, and offer a great opportunity to practice trading.

Deals & Promotions

Zero Markets routinely runs promotional offers. Clients can refer a friend for a chance to earn a cash bonus of $100. The broker also offers a VPS reimbursement bonus. For details, contact It’s worth checking the broker’s website when you open an account for the latest no deposit welcome bonus offers.

Regulation & Licensing

Zero Markets is regulated by the Australian Securities and Investments Commission (ASIC) under license number 286354. ASIC is one of the most reputable regulatory bodies, along with the UK FCA and the CySEC. Regulatory oversight ensures clients have a complaints channel should the broker refuse to pay out profits, for example. An ASIC license is also a promising sign that the broker is trustworthy and not a scam.

Additional Features

Clients can access an economic calendar, plus a sentiment trader and market information from the MT4 trader toolbox, however, clients will have to deposit A$1,000 to receive this function. There is also a glossary and a list of e-book recommendations.

Zero Markets economic calendar
Zero Markets economic calendar

Unfortunately, some of the broker’s resources appear to be outdated, including the Market News tab. Overall, compared to the useful extras provided by other brokers, Zero Markets’ offering is basic.

Account Types

Zero Markets offers the Standard account and the Super Zero account.

The Standard account is suitable for novice and experienced traders. Standard accounts have a minimum deposit of A$200 and spreads begin at 1 pip. The maximum leverage available is 1:500 and clients enjoy commission-free trading.

The Super Zero account is suitable for more experienced traders. The minimum deposit required is A$1,000 and the commission payable is $3.5 per lot. Spreads begin at zero pips.

Both the MT4 and MT5 platforms are available with either account type. Traders can access the client portal via the login tab found to the top right of the homepage.

Zero Markets also offers Multi Account Manager (MAM) and a Percentage Allocation Management Module (PAMM).

Trading Hours

Trading hours are specific to the instrument and market. Detailed information for each instrument can be found under the ‘trading hours’ tab on the Zero Markets website. Any changes to the standard trading hours are also communicated to clients.

Customer Support

Zero Markets offers customer support 24/5. Clients can get in contact via live chat or they can request a call back via the customer support tab on the website. Alternatively, support can be accessed by email at

Unfortunately, wait times for the online chat channel can be several hours, which falls way below the industry average. Beginners, in particular, will be disappointed by the lack of reliable customer support available.

Trading Security

Client funds are held in segregated accounts opened with the Commonwealth Bank of Australia. All payments are handled in accordance with the Australian Client Money rules under the Corporations Act. The MetaTrader platforms are also secured with encryption and dual-factor authentication.

Zero Markets Verdict

Zero Markets offers a good range of tradeable assets, varied account options and both the MT4 and MT5 trading platforms. And with generous leverage and zero pip spreads, the broker is a strong contender. To improve its offering further, we’d like to see a more reliable customer support service and learning resources kept up to date.

Top 3 Alternatives to Zero Markets

Compare Zero Markets with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.
    Go to AvaTrade
  3. IC Markets – IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
    Go to IC Markets

Zero Markets Comparison Table

Compare Zero Markets With Similar Brokers
Zero Markets IG AvaTrade IC Markets
Rating 2.5 4.4 4.9 4.8
Markets Forex, CFDs, indices, commodities, cryptocurrencies, ETFs CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $200 $0 $200
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Bonus $100 refer a friend
Education No Yes Yes Yes
Platforms MT4, MT5 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
Leverage 1:500 1:30 (Retail), 1:250 (Pro) 1:30 (Retail) 1:400 (Pro) 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
Payment Methods 3 6 13 14
Visit Visit Visit Visit Visit
Review IG
IC Markets

Compare Trading Instruments

Compare the markets and instruments offered by Zero Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Zero Markets Trading Instruments
Zero Markets IG AvaTrade IC Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes No
Silver Yes Yes Yes Yes
Corn No No Yes Yes
Crypto Yes Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes No
ETFs No Yes Yes Yes
Bonds No Yes Yes Yes
Warrants No Yes No No
Spreadbetting No Yes Yes No
Volatility Index No Yes Yes Yes

Zero Markets vs Other Brokers

Compare Zero Markets with any other broker by selecting the other broker below.


Customer Reviews

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Zero Markets is an Australian broker offering 2000+ forex, CFDs and ETFs on the MetaTrader platforms. Aimed at both retail and institutional investors, Zero Markets is regulated in Australia, Mauritius and St Vincent and the Grenadines. The brokerage aims to provide top-tier liquidity, with transparent ECN pricing and 24/5 customer support.


Is Zero Markets a trustworthy broker?

Zero Markets is licensed and regulated by the Australian Securities & Investments Commission (ASIC). The broker also receives positive customer reviews online.

What trading platforms does Zero Markets offer?

Zero Markets offers the popular MT4 and MT5 trading platforms, in addition to IRESS and a WebTrader interface.

Does Zero Markets offer a swap-free account?

No, Zero Markets does not offer a swap-free account. As a RAW broker, they do not have control over financing fees.

What is the maximum leverage available with Zero Markets?

Leverage is flexible and available from 1:1 up to 1:500. Leverage rates are negotiable with Zero Markets. Speak to the customer support team for details.

Can I manage multiple accounts with Zero Markets?

Yes, Zero Markets offer MAM and PAMM account options. For more information, head to the accounts tab on the Zero Markets website.