Zero Markets — where it wins, where it loses
Zero Markets does not currently take a column outright against this field. It loses on published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where Zero Markets takes the field outright.
Loses on
- published spread
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| ASIC | AFSL 244040 | Australia | Tier 1 | ZERO Securities Pty Ltd (trading as ZERO Markets) | zeromarkets.com |
| FMA New Zealand (FSP register) | FSP 569807 | New Zealand | Tier 2 | Zero Markets (NZ) Limited | zeromarkets.com |
| FSC Mauritius | GB21026308 | Mauritius | Tier 3 | Zero Financial Ltd | zeromarkets.com |
Checkable
Facts the comparison runs on
On the record
- ZERO Securities Pty Ltd (ACN 056 617 862) trades as ZERO Markets and holds Australian Financial Services Licence 244040, per its Financial Services Guide dated 1 April 2025.
- Zero Markets (NZ) Limited (NZBN 9429046269300, FSP 569807) issues derivatives to New Zealand residents only.
- Zero Financial Ltd is licensed as an Investment Dealer by the Financial Services Commission of Mauritius under licence GB21026308.
- Zero Markets states its services are not available to residents of the European Union, the United States and a list of other jurisdictions.
- The company states retail client money is held separately from firm capital with external audit of its accounts.
| Trading since | not verified |
|---|---|
| Base | Sydney, Australia |
| Minimum to open | not verified |
| Leverage cap | |
| EUR/USD | not verified |
| Terminals | MT4, MT5 |
| Account tiers | |
| Record confidence | high |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founding year
- minimum deposit
- maximum leverage
- EUR/USD spread
- account type names
- negative balance protection
Costs less
Who beats Zero Markets on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.