In this section we will analyze the broker Zenith FX Trade (also called zenithfxtrade.com), is a Forex, CFDs and Cryptocurrency broker. Is Zenith FX Trade really recommended for making an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on Zenith FX Trade. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company. The website does not have a Spanish version, but we have received numerous messages from Spanish-speaking clients, so we have also decided to review Zenith FX Trade
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: ZENITH TRADE LTD.
As to its location, The broker mentions being based in: England, although if true they should have a regulation from the British regulator (FCA), which does not happen and makes us think that the base in England is not real.
If we analyze the regulation of the broker: Zenith FX Trade does not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by Zenith FX Trade, we noticed that they offer 3 different types of account / plans: Silver Plan, Gold Plan and the Diamond Plan. We leave an image with a little information about each type of account.
Silver Plan- 20% return on investment, 0,49 BTC maximum deposit, 7-day plan validity, instant withdrawals, 10% direct referral commission.
Gold Plan- 30% return on investment, 0,9,99 BTC maximum deposit, 7-day plan validity, instant withdrawals, 10% direct referral commission.
Diamond Plan- 50% return on investment, 0,9,99 BTC maximum deposit, 7-day plan validity, instant withdrawals, 10% direct referral commission.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate Zenith FX Trade offers are: We believe Zenith FX Trade's proprietary platform.
We will now analyze the different resources and aids for the trader that Zenith FX Trade provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Zenith FX Trade provides the following help or resources to traders or interested parties: Basic explanation about investing in cryptocurrencies, FAQ section, not much more than this.
Other information about Zenith FX Trade
Some more information in case you want to contact the company, or see its website for yourself.
Phone number+ 44 7411038329
Email: [email protected]
>>> Valuation on Zenith FX Trade <<
Ending with this section, in our opinion Do we think Zenith FX Trade company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, we believe that it is not really based in England, the CNMV (Spanish financial regulator) has warned against Zenith FX Trade, when seeking valuations on Zenith FX Trade couldn't really find any, which makes us think this is a “new” company. They ensure percentages impossible to ensure "return on investment of 50%", they also ensure that "it is not possible to lose the investment." We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.