ZM MARKETS Review

About ZM MARKETS

ZM MARKETS is not authorized by the Cyprus Securities and Exchange Commission (CySEC) despite claims of holding licence number 441/22; no such registration exists in CySEC’s official records (). The Portuguese Securities Market Commission (CMVM) issued a formal investor warning on 14 July 2022 stating that ZM MARKETS is not authorized to provide financial services in Portugal, listing the domains www.zmmarkets.com and zmmarkets.com.br (). Aggregator sources such as WikiFX characterize ZM MARKETS as operating without valid regulatory oversight, assigning it a “Danger” rating and indicating its operations carry high potential risk (). These findings align: there is no evidence of regulation, and the firm is included in regulatory warnings from CMVM.

The broker offers services under the name ZM MARKETS, with a claimed location in Limassol, Cyprus, at Arch. Makarios III Avenue 21, Office 1000, Potamos Germasogeias; however, no regulatory authority in Cyprus confirms authorization of ZM MARKETS at that address (). Information about account types, minimum deposits, platforms, spreads, leverage, base currencies, Islamic (swap-free) options, hedging, scalping, EAs, or domain structure is not confirmed by primary regulatory documents or the firm’s official site and thus cannot be included.

Pros and cons

Cons

• No valid regulatory licence from CySEC or any major financial authority
• Registered warning by CMVM on 14 July 2022 for unauthorized operations in Portugal
• High-risk designation by WikiFX, with lack of investor protection mechanisms