Zenfinex Review 2021

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

Zenfinex is broker that gives traders access to Forex, CFDs, indices, commodities. Zenfinex allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, Zenfinex has Demo Accounts, Social Trading, Signals and Auto Trading but is missing Islamic Accounts.

Careful traders will be reassured knowing that Zenfinex is licensed to offer trading services by several regulators, 2 in fact, including the FCA.

Zenfinex Summary

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

Ratings

80%
Trust
50%
Instruments
71%
Features
BonusNone
InstrumentsForex, CFDs, indices, commodities
Demo Account
Min. Deposit$50
Min. Trade0.01 lots
Regulated ByFCA, SVGFSA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Leveraged contracts for difference are available on multiple financial markets.

Leverage1:30 (UK), 1:400 (Global)
FTSE Spread2.0
GBPUSD Spread0.3
Oil Spread0.05
Stocks SpreadN/A

Forex Trading

Ultra competitive spreads are available on forex pairs at Zenfinex.

GBPUSD Spread0.3
EURUSD Spread0.1
EURGBP Spread0.3
Assets50+

Payment Methods

Zenfinex accepts the following payment methods:

  • Wire Transfer
  • Mastercard
  • Visa
  • Credit Card
  • Swift
  • Skrill
  • Neteller
Risk Warning – Your capital is at risk

FAQ

Is Zenfinex Safe?

Yes, we have given Zenfinex a high 80% trust score in this review and believe traders should be safe here. One of the main positives for Zenfinex is that they're regulated by our own Financial Conduct Authority (FCA) here in the UK.

Does Zenfinex Accept PayPal?

No, Zenfinex does not accept PayPal payments.

Is Zenfinex Halal?

Probably not, as Zenfinex does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does Zenfinex support?

Zenfinex only supports the MetaTrader 4 trading platform at this time.

Is Zenfinex Regulated?

Yes, Zenfinex is regulated by 2 different regulators: FCA and SVGFSA. Most importantly, they're regulated by our own dependable FCA here in the UK.

Zenfinex vs Other Brokers

If you want to compare Zenfinex with other brokers, use the detailed comparisons below.

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