Zuitex comments

In this section we will analyze the Zuitex broker, is a Forex and CFD broker. Is Zuitex really recommended to make 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 may be wondering why we are reviewing Zuitex. 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, providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.

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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: initially mentioned ALDIMA Ltd, now to Nostalgia Ltd.

 

As to its location, the broker mentions being based in: supposedly Switzerland, but the Swiss financial regulator (FINMA) has made it clear that this is not true. Another interesting fact is that in the terms and conditions Zuitex mentions having a "GBL1" license, these are typical of the Republic of Mauritius, so they may be based there. 

 

If we analyze the regulation of the broker: since Zuitex does not mention anything about being a regulated company, we believe that it is an unregulated broker.

If now we go on to analyze account types that Zuitex offers, we note that they offer 4 different types of account: Bronze, Silver, Gold and Professional. We leave an image with a little information about each type of account.

Bronze Account- $ 500 minimum initial deposit, no commissions, up to 1: 400 leverage, 30 minute software submission with an account manager.

Silver Account- Minimum initial deposit of $ 5.000, no commissions, leverage up to 1: 600, introduction of coaching by an account manager.

Gold Account- Minimum initial deposit of $ 10.000, no commissions, leverage up to 1: 800, introduction of coaching by an expert account manager, participation in Newstrading Sessions, intensive support from a senior account manager.

Professional Account- Minimum initial deposit of $ 50.000, no commissions, leverage up to 1: 1000, introduction of coaching by an expert account manager, participation in Newstrading Sessions

Zuitex account types
Zuitex account types

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 that Swiss Investment offers are: MT4.

We will now analyze the different resources and aids for traders that Zuitex provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

Zuitex website
Zuitex website

 

Zuitex provides the following help or resources to traders or interested parties: very basic explanation and without going into detail about the services that Zuitex offers, some live graphics, educational sections but in English, really not much more than this.

 

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Other information about Zuitex

 

Some more information in case you want to contact the company, or see its website for yourself.

Website: www.zuitex.com/en/

Phone number: + 41 (0) 44 508 30 56

Email address: [email protected]

 

>>> Evaluation of Zuitex <<

 

Ending with this section, in our opinion Do we believe that the Zuitex company is reliable? 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, everything indicates that it lies about where it is based, it does not provide much information about the company, when looking for evaluations about Zuitex we really find mostly negative evaluations. We suggest using caution. FINMA (Swiss regulator) and FMA (Austrian regulator) have warned about Zuitex.

 

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?

 

Update September 2019: CONSOB (Italian financial regulator) has warned about Zuitex

 

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.

 

What do you think of Zuitex? What has been your experience?

 

 

 

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