Zero Markets Review 2024

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Written By
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Written By
William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Fact Checked By
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Fact Checked By
Tobias Robinson
Tobias is a partner at, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.

2.5 / 5
Zero Markets is #110 in our CFD broker rankings.
MT4, MT5
Forex, CFDs, indices, commodities, cryptocurrencies, ETFs
Neteller, Skrill, Visa


  • Highest Client Satisfaction 2016 - Investment Trends Australia CFD Report


  • Social/copy trading features, plus MAM/PAMM accounts for those who want a hands-off approach
  • 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


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

Zero Markets Review

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-US 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.

  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.

  3. DNA Markets – DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.

Zero Markets Comparison Table

Compare Zero Markets With Similar Brokers
Zero Markets IG Interactive Brokers DNA Markets
Rating 2.5 4.4 4.3 3.5
Markets Forex, CFDs, indices, commodities, cryptocurrencies, ETFs CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies CFDs, Forex, Indices, Commodities, Stocks, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $200 $0 $0 $100
Minimum Trade 0.01 Lots 0.01 Lots $100 0.01 Lots
Bonus $100 refer a friend
Education No Yes Yes No
Platforms MT4, MT5 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral MT4, MT5
Leverage 1:500 1:30 (Retail), 1:250 (Pro) 1:50 1:500
Payment Methods 3 6 6 10
Visit Visit Visit Visit
Review IG
Interactive Brokers
DNA 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 Interactive Brokers DNA Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes No Yes
Gold Yes Yes Yes Yes
Copper No Yes No Yes
Silver Yes Yes No Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes Yes No
Spreadbetting No Yes No No
Volatility Index No Yes No Yes

Zero Markets vs Other Brokers

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


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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.