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Abstract:(ZXG, for short)ZADA XMAS GLOBE MARKETS LIMITED
General Information & Regulation
ZADA XMAS GLOBE MARKETS LIMITED (ZXG, for short) is a private company, registered at Companies House under the number 13164819. ZADA XMAS GLOBE MARKETS LIMITED was incorporated on 28 January 2021 with a registered office address based in Belize. ZXG is not subject to any regulation, so investors should be careful to trade with this broker.
Market Instruments
ZXG provides traders with more than 55 forex currency pairs, and a series of CFDs on commodities, precious metals, energy and indices.
Account Types
There are two account options on offer on the ZXG platform, the Micro and the Standard account. however, the minimum deposit of both accounts is not fully undisclosed.
Leverage
The trading leverage offered by ZXG is up to 1:1000, which is super high. ZXG, as an unregulated brokers, provides such high leverage, so it largely can be a scam scheme. Investors should use leverage with caution, because leverage can increase profit as well as risk.
Spreads& Commission
The trading condition involving spreads and commissions is unknown. However, the benchmark EUR/USD spread provided by most brokers is between 1.1 pips and 1.5 pips and spreads above this level could increases traders transaction fees.
Trading Platform
ZXG provides the classic MetaTrader4 (MT4) for its traders. MT4 is preferred by most traders in the world, for it is in-built with a large number of technical indicators, 9 timeframes, an users-friendly interface, equipped with EA (expert advisor) for automated trading, suitable for both novices and seasoned traders.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.