Z Market
Basic Information
Pros and Cons
Pros
- Demo accounts available
- Diverse trading products
Cons
- No regulation
- Limited info on accounts
- Limited info on trading fees
- MT4 & MT5 unavailable
- Limited customer support channels
Is Z Market Safe and Legit?
Z Market, founded in 2022 and registered in the United Kingdom, operates as an unregulated financial entity offering trading in Forex, Commodities, Stocks, and Indices via its proprietary platform. Detailed trading conditions such as leverage and spreads are not readily available, raising concerns about transparency.
Currently, Z Market lacks valid regulation, which poses significant risks to investors regarding the safety of their funds. Thus, it is considered to have a low safety profile and is not recognized as a legally compliant broker.
The broker’s reputation among users is mixed, with feedback highlighting limited customer service options and difficulties in withdrawals. While some appreciate the availability of demo accounts, complaints about transparency and slow response times from customer support have surfaced, indicating a trend of dissatisfaction within the trading community.
Is Z Market a Regulated Broker?
What Are the Regulatory Licenses Held by Z Market?
No regulated licenses are held by Z Market, which operates as an unregulated financial entity. This lack of regulation raises significant concerns regarding the safety of investors’ funds. Investors should be aware that Z Market does not hold any mainstream or offshore licenses, further emphasizing the potential risks associated with trading through this broker.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| No Regulated Licenses | No Regulated Licenses | Z Market | Unregulated | N/A |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Z Market does not hold client funds in independently regulated bank accounts, nor does it maintain any segregation of client assets from its own. As an unregulated entity, it does not participate in any investor compensation funds or insurance schemes that could provide coverage for clients’ funds.
Z Market Leverage
Z Market does not specify maximum leverage multiples for its product categories, nor distinguishes between account configurations. Consequently, it does not comply with any local regulatory requirements regarding leverage, as it lacks valid regulatory licenses.
Z Market Withdrawal Review
How to Contact Z Market?
Z Market faces a range of complaints primarily focused on withdrawal issues, reflecting a trend of dissatisfaction among users. Many traders report slow response times and difficulties in accessing their funds, with feedback indicating limited customer support options. While some users have expressed appreciation for demo accounts, the overall sentiment reveals a mixed reputation. There are no significant public complaints or regulatory penalties noted, suggesting a low volume of complaints. However, the lack of regulation further exacerbates concerns regarding the broker’s safety profile, making it essential for potential investors to proceed with caution.
Frequently Asked Questions
A1: No, Z Market operates as an unregulated financial entity and does not hold any regulated licenses. This lack of regulation raises significant concerns regarding the safety of investors’ funds.
A2: Z Market does not hold client funds in independently regulated bank accounts and does not maintain segregation of client assets. As an unregulated entity, it does not participate in any investor compensation funds or insurance schemes.
A3: Users have reported slow response times and difficulties in accessing their funds when trying to make withdrawals. Feedback indicates a trend of dissatisfaction with the limited customer support options available.
A4: Z Market offers trading in Forex, Commodities, Stocks, and Indices through its proprietary trading platform. However, detailed information about trading conditions is limited on their website.
A5: Customer support at Z Market is available only through social media channels and a contact form on their website, which has been a point of concern for users seeking assistance.
Related Forex Brokers
Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.