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Zenfinex Review and Tutorial


Zenfinex Facts & Figures

Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4.




Premija N/A
Instrumentai Forex, CFDs, indices, commodities
Demonstracinė sąskaita Yes
Min. Indėlis $50
Mokėjimo būdai Credit Card, Mastercard, Neteller, Skrill, Swift, Visa, Wire Transfer
Min. Prekyba 0.01 lots
Reguliuoja FCA, SVGFSA
„MetaTrader 4“ Yes
„MetaTrader 5“ Yes
„cTrader“ No
ECN sąskaita No
DMA paskyra No
Programos mobiliesiems Yes
Auto prekyba Yes
Socialinė prekyba Yes
Kopijavimo prekyba Yes
Prekybiniai signalai Yes
„Islamo sąskaita“ No
FTSE sklaida 2.0
GBPUSD sklaida 0.3
Naftos sklaida 0.05
Atsargos paskirstytos N/A
Svertas 1:30 UK, 1:400

Ultra competitive spreads are available on forex pairs at Zenfinex.


GBPUSD sklaida 0.3
EURUSD sklaida 0.1
EURGBP sklaida 0.3
Turtas 50+
Įspėjimas apie riziką - rizikuojate savo kapitalu

This survey looks at Zenfinex, a London-based forex, metals, commodities, and indices brokerage. With super low spreads, social trading, and MT4 examination tools, the broker has a great deal to bring to the table. We separate the MT4 stage, its item reach, and that’s just the beginning to assist you with concluding whether to open a live account with Zenfinex.

Zenfinex Details

Zenfinex is an around the world perceived brokerage settled in Mayfair, London. Nick Cooke established the organization in 2017, which is managed by the FCA. The customer base has developed quickly, presently traversing Europe, Asia, Australasia, South America, and Africa.

The FX and CFD supplier’s ethos is to be a brokerage for dealers by merchants – “Our point is to convey an ideal trading climate that offers dealers the most obvious opportunity to succeed.”

Trading Platforms

MetaTrader 4

Generally viewed as the main forex trading stage, MT4 is open to merchants of shifting capability. With more than 15 years of involvement and a large number of customers, MT4’s standing is grounded on key highlights, which include:

  • Trading history
  • One-click trading
  • Various execution modes
  • Automated trading through APIs
  • Pioneering interactive charts
  • Complex analytical capacities
  • 30 customizable specialized measures
  • Several timeframes, from minute to a month


FIX is a messaging standard utilized worldwide, pointed toward interfacing market members. The arrangement makes high-recurrence systems conceivable, with real-time worldwide exchanges. The terminal offers:

  • FIX version 4.4
  • Equity CFD liquidity
  • Institutional STP FX liquidity
  • Rates pushed and not pulled
  • Real-time worldwide transactions
  • Interconnectivity between FX liquidity providers


A wide scope of instruments are offered by Zenfinex:

  • Forex – 50+ cash pairs
  • Metals – Gold, silver, palladium, and platinum
  • Commodities – Brent and WTI oil
  • Indices – Major worldwide indices, including the FTSE 100 and S&P 500

It is important that contrasted with major contenders. There is definitely not a colossal number of instruments to trade with.

Spreads and Commission

Zenfinex offers sensible trading expenses which vary between accounts. All expenses are incorporated into spreads on the Standard account, which means no additional commission costs. The Pro alternative offers cutthroat spreads with $8/€7/£6 commission per lot. At last, VIP boasts serious spreads with a commission of $6/€5/£4.5 per lot.

Normal spreads over FX pairs which are prime:

  • EUR/USD – Standard: 1.1, Pro: 0.1
  • GBP/USD – Standard: 1.3, Pro: 0.3
  • USD/CHF – Standard: 1.1, Pro: 0.4
  • USD/JPY – Standard: 1.1, Pro: 0.2

Common spreads across indices:

  • FTSE 100 – 2.0 points
  • Dow Jones – 2.5 points
  • S&P – 0.6 points

Zenfinex Leverage

As an FCA-controlled brokerage, leverage is covered at 1:30. Rates change across accounts, and outside Europe, the greatest leverage ascends to 1:400.

  • Mini –CFD and Forex leverage up to 1:30
  • Standard –CFD and Forex leverage up to 1:30
  • Pro –CFD and Forex leverage up to 1:100

Mobile Trading

On Apple and Android gadgets, a completely working ZenConnect application is accessible. The application is not difficult to explore, empowering the client to socialize and to copy trades easily. Registration is easy, and the actual application is reasonable for traders of varying ability levels. The Zenfinex group additionally check-in to guarantee you are happy with it, exhorting you to rely upon your trading capacity.

This application is a social trading terminal, joining the MT4 platform with Zenfinex’s own Straight Through Processing (STP) execution model. We tried the application, which was well designed, had a quick login process, and was easy to utilize.

Key features include:

  • Inside and out market investigation
  • Spotless and functional design
  • Profit from individuals duplicating your trades
  • Discuss and copy trades with the Zenfinex people group

Deposits and Withdrawals

There are a few methods for payment that can be found on the Zenfinex site. There are no expenses for making deposits, and the minimum payment is $50.

Deposits can be made through the following alternatives:

  • Bank wire transfer (Quick, CHAPS, BACS, SEPA)
  • Mastercard
  • Neteller
  • Skrill
  • Visa
  • ACH

Withdrawals can be made by means of the myZen client portal. There is no charge for debit and credit cards; however, there might be an additional expense for bank transfer/wires. Withdrawal speeds differ, with demands processed by 1-2 days. It can return a few days to make it return to your bank account and up to five for global transfers. The withdrawal alternatives are as per the following:

  • Bank wires
  • Credit or debit card
  • SEPA (EU accounts)
  • BACS (GBP denominated account)

Demo Account Review

Zenfinex offers a demo account that accompanies a $10,000 virtual opening balance. This simulates genuine market conditions and can be utilized on all platforms, including the ZenConnect application. Combined with the scope of educational features, this is an ideal device to work on trading and trial procedures with zero risks.

Zenfinex Bonuses

There are right now no bonuses in action on the Zenfinex site. All things considered, they have been known to run promotional deals, including zero commission plans. Check their site for impending offers and agreements.


Zenfinex Limited holds authorization with the FCA, and Zenfinex Worldwide is enrolled with the SVGFSA. The Financial Conduct Authority is generally viewed as one of the more stringent financial controllers. This is a decent pointer that they are focused on keeping client cash protected and not controlling market costs.

Different features incorporate account isolation. This implies client accounts are kept separate from Zenfinex’s working capital. Outside and inward auditors routinely review and screen movement. As an FCA-managed association, client funds are likewise protected by the FSCS. This protects capital up to £85,000.

Additional Features

Zenfinex has a strong educational presence. The organization has partnered with Everything Trading. They offer a free, 37 lesson, amateurs forex course as a component of the partnership. Further to this, three progressed courses can be gotten to once you start live trading.

A second partnership with KenFXFreak was as of late started, offering induction to a local area of traders, courses, online classes, and that’s only the tip of the iceberg. A substance plan is accessible on the Zenfinex site to keep you educated.

Numerous things are distributed on their site each week, incorporating breaking news and normal market investigation—these incorporate articles from the representative’s business support executive, Connor Woods, Ken Chigbo, and MacroZen. Different regions incorporate useful instructional exercises, helping the client in exploring their administrations.

Trading Accounts

There are three account levels that oblige traders, all things considered, and necessities. All accounts open with admittance to 50+ forex pairs, commodities, and indices:

  • Standard – The account starts with a minimum deposit of just £50/$50/€50. The account is perfect for new traders with zero commissions on trades and charges remembered for retail spreads.
  • Pro – Standard account’s minimum deposits are £2,500/$2,500/€2,500. Low commission forex pricing is conceivable through Zenfinex’s STP model at $8 per parcel. The decreased commission is accessible for high-volume traders.
  • VIP – The VIP account requisites a minimum deposit of £10,000/$10,000/€10,000. Institutional spreads are offered, and the commission comes in lower at $6 per parcel.


  • FIX Programming interface account
  • STP and NDD trading
  • Low withdrawal charges
  • Great educational materials
  • $50 minimum deposit with no additional expenses
  • Social trading by means of ZenConnect’s well-designed application


  • No crypto trading
  • Moderately new organization

Trading Hours

Zenfinex works during standard market hours. The representative’s site provides definite trading hours for each instrument.

Customer Support

Customer support is a strength of Zenfinex. A follow-up came not long after downloading the ZenConnect app, offering specialized support and guidance dependent on trading experience. Instructive assets were sent through email before long the call.

The support group is accessible 24/5 through telephone, email, and live chat. The live chat can be available on the Zenfinex site. The staff are multilingual and can deal with issues in real-time. On the other hand, a support ticket can be left outside of hours.

  • +44 (0) 20 3983 8250
  • support@zenfinex.co.uk
  • Zenfinex Ltd, One Mayfair Place, Mayfair, London, W1J 8AJ

It’s likewise worth checking the FAQ area on the organization site as they exhaustively cover a wide scope of issues.


We are certain Zenfinex is a dependable broker. Full site terms and conditions are accessible on the authoritative records space of the site. These incorporate a nitty-gritty privacy policy, treat policy, and more. Severe regulatory oversight and straightforwardness secure the client. The MetaTrader 4 platform additionally offers industry-standard login protocols.

Zenfinex Verdict

In spite of Zenfinex’s genuinely ongoing foundation, they are a fast-growing organization. Working with a strong assortment of tools to trade, the firm is rapidly becoming a trustworthy brokerage. Differing account types make it conceivable to trade, paying little heed to the client’s capacity, from amateur through to master traders. Instructive assets and social trading reinforce their ethos as an organization for traders by traders.

Accepted Countries

Zenfinex acknowledges traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most different countries.

Traders cannot utilize Zenfinex from the United States.

Alternatives to Zenfinex

In case you are searching for alternatives to Zenfinex, we have arranged a rundown of the top 5 brokers that are like Zenfinex underneath. This rundown of brokers like Zenfinex is arranged by closeness and just incorporates organizations that acknowledge traders from your area.

OctaFX – OctaFX offers multi-asset trading on a scope of platforms and portable arrangements.

VantageFX – Solid and reasonable trading since 2009. Join more than 400,000 others trading on 300+ CFD items over assets like forex, gold, indices, and shares from 0.0 spreads through TradingView, MT4, or MT5. Vantage FX is ASIC managed, and client funds are isolated. Open an account within 5 minutes.

RoboForex – RoboForex is a multi-asset online broker contributing incredible trading aides.

FP Markets – FP Markets is a multi-asset broker contributing a decision of trading platforms.

FBS – FBS is a top online broker contributing MT4 and MT5 trading across a scope of instruments.


Where is Zenfinex controlled?

Zenfinex Limited is a UK-enrolled organization managed by the Financial Conduct Authority. Zenfinex Worldwide is enrolled with the Financial Services Authority in Saint Vincent and the Grenadines.

Does Zenfinex offer a demo account?

A demo account is accessible with Zenfinex, a chance to work on trading in real-life conditions on the ZenConnect app and MT4 platforms. The account is easy to open and accompanies a $10,000 opening balance.

What amount of capital do I have to trade with this broker?

The base store at Zenfinex is $50/£50/€50. Low store choices make the broker open for all types of traders.

Does Zenfinex offer versatile trading?

Zenfinex offers portable trading by means of the MetaTrader terminal and the ZenConnect platform. ZenConnect is an all-around planned social trading app, joining the Zenfinex STP model and MetaTrader 4.

Is Zenfinex a good broker?

Zenfinex is a strong up-and-coming organization. The brokerage flaunts serious expenses, well-working platforms and is managed by the FCA, a main financial regulator.

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