Covenance vs Zed Capital

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Covenance currently holds a lower overall rating (0) compared to Zed Capital (5). Covenance has a lower minimum deposit, at 30.0. Both platforms offer their clients demo accounts, mobile trading. Traders should note that both companies offer the same minimum (0.01) and maximum lot size (100.0). Covenance offers a lower maximum leverage of 1:100, whereas Zed Capital allows trading with up to 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
0/5 (0 reviews)
0/5
0/5
0/5
0/5
5/5 (1 reviews)
5/5
5/5
5/5
5/5
Minimum deposit ($) 30.0 100.0
Commission 12.0 8.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 100.0 100.0
Spread Variable Variable
Broker type STP, ECN, Cent STP, ECN
Maximal leverage (1:?) 100 500
Availability STP, ECN, Cent STP, ECN
Regulation - -
Trading Platforms MetaTrader 5 (MT5) MetaTrader 5 (MT5)
Funding/Withdrawal methods Bitcoin, Crypto, USDT Wire Transfer, Crypto
Account Currency USD USD
Languages English English, Hindi
Country Comoros Mauritius
Trading platform(s) timezone Comoros United Arab Emirates, Mauritius
Other trading instruments - Stocks, Futures, Indices, Energies, Cryptocurrency, Precious Metals, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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