OverviewZenita Finance is an online trading platform that offers a variety of account types, including standard, fixed-spread, and raw spread accounts to suit traders' different preferences. The minimum deposit is $100 and the maximum leverage can be up to 1:1000. The broker offers a wide range of tradable assets, including forex, metals, indices, spot energies, stocks, and cryptocurrencies, all of which can be accessed through the Metatrader 5 (mt5) trading platform. Traders can also benefit from educational resources such as a glossary of forex terms and blogs. Although Zenita Finance offers demo and Islamic accounts for certain account types, it's worth noting that it operates as an unregulated broker, which may be a consideration for some traders. Customer support is available via email, phone, and live chat, with multiple channels for help. In addition, the broker supports a variety of payment methods, including credit/debit cards, bank wire transfers, electronic payment systems, and cryptocurrency wallets, providing flexibility for deposits and withdrawals.
Pros and
ConsZenita Finance offers a range of advantages, including a diverse range of trading instruments, high maximum leverage, a variety of account types, and access to the advanced MT5 trading platform. In addition, the broker offers cost-effective cryptocurrency deposits and educational resources. However, it operates as an unregulated broker that lacks oversight and regulatory protections from its regulated peers. The quality of customer support can vary, which presents a potential challenge for traders looking for ongoing assistance. As with any broker, traders should carefully consider their preferences and risk tolerance when choosing Zenita Finance as their trading platform.
Market
InstrumentsZenita Finance offers a wide range of trading instruments to meet the different needs and preferences of traders. These instruments include forex, metals, indices, spot energies, stocks, and cryptocurrencies, providing traders with a comprehensive choice.
Forex: The foreign exchange market, also known as the foreign exchange market, is the largest financial market in the world. Zenita Finance allows traders to participate in currency trading, facilitating trading of major currency pairs such as EUR/USD, GBP/JPY, etc. This provides traders with the opportunity to speculate on exchange rate fluctuations.
Metals: Zenita Finance offers trading in precious metals such as gold and silver. These metals are often considered safe-haven assets that can hedge against economic uncertainty, making them an attractive option for traders looking to diversify their portfolios.
Indices: Trading indices allows investors to speculate on the overall performance of a basket of stocks that represent a particular market or sector. Zenita Finance offers access to a variety of global indices, enabling traders to participate in a wider range of market movements without having to trade individual stocks.
Point Energy: The inclusion of point energy in Zenita Finance's products allows traders to participate in the energy market. This can involve trading commodities such as crude oil and natural gas, which are affected by factors such as geopolitical events and supply and demand dynamics.
Inventory: Zenita Finance enables traders to invest in individual stocks, giving them access to a wide range of publicly traded companies. This allows traders to take positions in specific companies based on their research and market analysis.
Cryptocurrencies: Cryptocurrencies have gained tremendous popularity in recent years, and Zenita Finance allows traders to participate in this dynamic market. Traders can trade popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, making it possible to take advantage of price fluctuations.
Account
TypesZenita Finance offers a range of account types to meet the different needs of traders, offering flexibility in trading conditions and preferences. The broker offers three different trading accounts: the Standard Account, the Fixed Spread Account, and the Raw Spread Account.
Standard AccountThe
Standard Account is positioned as the ultimate trading solution for traders of all levels. It has floating spreads from 1 pip, making it suitable for a variety of trading strategies. The account does not charge commissions for trading forex currency pairs and metals, ensuring cost-effective trading. Traders benefit from market execution and have access to the popular MT5 trading platform. The leverage offered is up to 1:1000, giving traders plenty of flexibility. Account base currency options include USD and EUR, with initial deposit requirements as low as $100. In addition, Islamic accounts are available, ensuring inclusiveness for all traders.
Fixed Spread
AccountsZenita Finance's Fixed Spread Accounts are designed to provide traders with confidence and stability. It offers fixed spreads from 3 pips, guaranteeing a consistent cost structure for traders. Similar to the standard account, there are no commissions charged for trading forex currency pairs and metals. This account type utilizes instant execution to process orders quickly and operates on the MT5 platform. Traders have a position leverage of up to 1:1000 and can choose USD and EUR as the base currency of the account. The initial deposit requirement is $100 and the same margin call and stop out levels are maintained, which are 50% and 20%, respectively.
Raw Spread Account
The Raw Spread Account is tailored for traders looking for the tightest spreads and lowest transaction costs. It has floating spreads from 0 pips, appealing to traders who prioritize cost efficiency. However, this account type has a commission of $2.5 per lot for 1 lot, which makes spreads extremely competitive. Market execution ensures that orders are executed quickly, and traders can utilize the MT5 platform to access advanced trading tools. With leverage up to 1:1000, traders can choose the base currency of the account from USD or EUR. The minimum deposit for this account type is $300, and its margin call and stop out levels are 80% and 50%, respectively.
Demo
AccountIn addition to a live trading account, Zenita Finance offers a demo account. This account is an essential tool for traders to practice and test their trading strategies in a risk-free environment. It reflects real-time trading conditions and provides traders with the opportunity to
practice trading strategies without real financial risk.
Test a variety of methods and techniques.
Familiarity with the MT5 trading platform.
Watch real-time market conditions and gain insights.
No initial deposit is required to learn and build confidence as it does not involve real profits or losses.
A demo account is an invaluable resource for traders of all experience levels, providing a safe space to develop skills and strategies before transitioning to live trading with real money.
Leverage:
Zenita Finance offers its trading accounts a maximum trading leverage of up to 1:1000. Leverage allows traders to control larger positions in the market with relatively little capital. With leverage up to 1:1000, traders have the potential to enlarge their trading positions, thereby magnifying profits and losses. While higher leverage can provide the opportunity to increase gains, it also comes with a higher level of risk, and traders should exercise caution and employ risk management strategies when utilizing such high leverage to ensure responsible and informed trading decisions.
Deposit and withdrawal
deposit methods: Bank Wire Transfer (BankTransfer/SWIFT), VISA, Mastercard, Bitcoin, Ethereum/Ethereum, FasaPay, Litecoin, Neteller, PayRedeem, PerfectMoney, Ripple (XRP), Skrill, Tether (USDT).
Withdrawal Methods: Bank Wire Transfer (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Ethereum/Ethereum, FasaPay, Litecoin, Neteller, PayRedeem, PerfectMoney, Ripple (XRP), Skrill, Tether (USDT)
trading platforms
Zenita Finance offers the well-known mt5 trading platform, which is known for its user-friendliness and powerful features. With MT5, traders have access to advanced charts, technical indicators, and fast order execution. The platform is very flexible and allows trading in a variety of markets, including forex and metals. Whether you're a newbie or an experienced trader, mt5 offers the tools and resources you need to trade successfully with Zenita Finance.
Customer Support
: Customer support is provided by Zenita Finance; However, it may not always meet customer expectations when it comes to addressing concerns or inquiries related to its products and services. The support team, while available, may not consistently deliver the level of service that customers expect.
Email: support@zenitafinance.com
Phone: +374 94 669 117
