Is ZendTrade a fair Forex Broker?

Zend Trade is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms. Regarding orders execution model, Zend Trade is a hybrid broker - both a-book and b-book broker (market maker). Zend Trade offers trading of currencies, indices, CFDs and commodities. Zend Trade is unregulated.

Broker quality: 30%