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About ZB FOREX

ZB Forex is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and ZB Forex Markets trading platforms. Regarding orders execution model, ZB Forex is a b-book broker (market maker). ZB Forex offers trading of currencies, indices, CFDs, stocks, binary options and commodities. ZB Forex is regulated by the IFSC (Belize).

ZB Forex offers online trading in forex and some CFDs on the MT4 platforms. According to the information provided on its website, the broker is active in in Belize, USA,( New York, Colorado, Los Angeles), New Zealand, S. Korea, Philippine, China. Behind the brand is a company “licensed” in Belize, a famous offshore zone.

We checked and ZB Forex Limited is indeed present in the List of licensed service providers for trading in foreign exchange services in the register of Belize’s Financial Services Commission (IFSC). Although the IFSC issues warnings against unregulated entities and imposes certain requirements top licence holders (such as for client account segregation and minimum capital), regulation in Belize cannot be compared to the one in most EU jurisdictions or in Australia, for example. Let alone to the rules applicable in the US.

Unlike UK’s FCA, the IFSC places little emphasis on supervision of licensed brokers. Besides, they are not required to report transactions, nor to arrange mechanisms for compensation in case a regulated entity goes bankrupt.

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