The join form says you agree to ZES Forex's terms. Those terms are not published anywhere. Its terms page, privacy page and cookie page are three headings with no text under them.
Why this matters
You cannot read what you are agreeing to, so you cannot hold ZES Forex to any of it. If your money is held back later, there is no published rule to point at.
Exhibit 1Every flagged clause gets its own number so you can point at this one. The number does not change, so a link to it keeps working.CriticalHow much this clause can cost you, in our reading. Critical can take your money or your profit. Warning can delay or limit it. Notice is simply worth knowing before you sign.Rarely seenHow ordinary this wording looks next to the contracts we read. This is our reading of the clause, not a count of other brokers.3The figure this clause puts a number on, taken from the broker's own words.
terms-conditions
Firms licensed by the FCA or CySEC must give a retail client the contract terms and the key cost information before that client trades. ZES Forex asks for agreement to terms it does not publish.
ZES Forex is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.
Our readingOur own comment on the clause, not the broker's words. Anything we quote is marked as a quotation.Brokers usually publish long terms and bury the hard clauses deep inside them. Here the pages exist, carry the right titles and contain nothing, so there is no document to bury anything in.
- Worse together with Exhibit 7Read these two clauses together. Each one costs more because the other exists.The contract that does exist takes all liability away, and the terms that would limit that are not published.
- Worse together with Exhibit 8Read these two clauses together. Each one costs more because the other exists.No published terms and no named court leaves a client with nothing to argue and nowhere to argue it.

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