Zenfinex Spreads, leverage, minimum deposit Revealed

　　General Information

　　Zenfinex is a global retail and institutional brokerage formed by traders for traders, headquarted in London, Mayfair, United Kingdom. Zenfinex Limited is a company registered in England and Wales under registered number: 11077380. Zenfinex offers its clients access to a wide range of trading assets, low spread trading environment, both MT4 and MT5 trading platform available.

　　 Regulation

　　Zenfinex Limited, authorized and regulated by the Financial Conduct Authority (FCA), with Regulatory License No. 816055

　　Zenfinex Global Limited, authorized and regulated by the Seychelles Financial Services Authority (FSA) with Regulatory License No. 8428731-1

　　Market Instruments

　　Zenfinex offers investors a range of financial instruments including Forex (over 50 currency pairs), Metals, Commodities, Indices and Stocks.

　　Accounts & Leverage

　　There are 3 kinds of account types for investors to choose from at Zenfinex, namely Standard (minimum deposit of £50; $50;€50), Pro (minimum deposit of £2,500; $2,500;€2,500) and VIP (minimum deposit of £10,000; $10,000;€10,000). The maximum leverage is up to 100:1.

　　Spreads & Commissions

　　The spread for EUR/USD is as low as 0.1 pips, GBP/USD as low as 0.3 pips, USD/JPY as low as 0.2 pips, AUD/USD as low as 0.4 pips, EUR/GBP as low as 0.3 pips. No commission is charged for the Standard Account. For the Pro Account, the commission is USD $8, EUR€7, GBP £6. For the VIP Account, the commission is USD $6, EUR€5, GBP £4.5

　　Trading Platform

　　Zenfinex provides clients with access to the worlds financial markets via the MetaTrader 4 (MT4) and the MetaTrader 5 (MT5) platform (Desktop/Web/Mobile).

　　Deposits & Withdrawals

　　The payment methods for international investors include GBP/EUR/USD Bank account (the deposit fee is for free and the withdrawal fee is 20 GBP/EUR/USD), Bank cards (the deposit fee is for free and the withdrawal fee is 3.5 GBP/EUR/USD per trasaction), Skrill and PayU.

　　Trading Hours

　　The trading times at Zenfinex depend on the specific market. For example, the Forex market is open Sunday 17:00 - Friday 17:00 ET.

　　Accepted Countries

　　Zenfinex is not directed at residents of the United States or any particular country 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.