The ligand carbon monoxide has no charge, hence metals have zero oxidation state in both Ni(CO)4 and Fe(CO)5. Low oxidation states are found when a complex has ligands capable of π-acceptor character in addition to the σ-bonding.
In the complexes, \mathrm{Ni}{(\mathrm{CO})}_{4}&\mathrm{Fe}{(\mathrm{CO})}_{5}, the ligand CO is π−acceptor character in addition to the σ−bonding.