Zenithfxtrade.com Review Is Zenith FX Trade Legit Or Scam

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

How it Works

Create Account

Sign up and create your Zenith FX Trade account.

Send Fund

Deposit your bitcoin into your account.

Start Trading

Now you’re all set to trade your bitcoin.

About Us

Most Flexible Cryptocurrency Investment Company

WE ARE ZENITH FX TRADE

Zenith FX Trade is a United Kingdom registered legal international investment company. The company was created by a group of qualified experts, professional bankers, traders and analysts who specialized in stock, bond, futures, currencies, gold, silver and oil trading, with having more than ten years of extensive practical experiences of combined personal skills, knowledge, talents and collective ambitions for success. We believe that superior investment performance is achieved through a skillful balance of three core attributes: knowledge, experience and adaptability. There is only one way to be on the cutting edge – commitment to innovation. We do our best to achieve a consistent increase in investment performance for our clients, and superior value-add. We appreciate our clients loyalty and value the relationships we build with each customer. We are constantly working on implementing unique trading methods with the most advanced and effective trading technology, competitive services, high-quality performance, genuine practices, excellent customer support service and fund safety that allow us to work successfully on the market in a highly profitable way. Having many investment methods allows us to maintain a constant high interest rate for our clients. One of our strongest advantages over competitors is that we provide the utmost flexibility and the most important insurance on funds being invested with us. The company provides Risk- Free bitcoin Investment products to global investors, which is a landmark for the company performance.

Our aim is to utilize our expertise & knowledge which will benefit our clients and the users of our services.

Our mission as an official partner of Bitcoin Foundation is to help you enter and better understand the world of #1 cryptocurrency and avoid any issues you may encounter.

We are here because we are passionate about open, transparent markets and aim to be a major driving force in widespread adoption, we are one the bests in cryptocurrency investment.

Zenithfxtrade.com Review: Is Zenith FX Trade Legit Or Scam?

Zenith FX Trade Review: this is the name of a Forex and binary broker that claims to be based on the UK. Is Zenithfxtrade.com a scam or legit broker?

Zenith FX Trade mentions that it is a United Kingdom based Forex and binary broker. Although, binary trading is outlawed in the UK, Forex trading is regulated. All legit brokers in that region should have a license from the Financial Conduct Authority (FCA). But when we checked the commissions register, we do not find the company listed.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

Since this is an unlicensed company, we do not encourage traders to consider it for investment of their funds. Trading with unregulated brokerages is one of the most dangerous things about the Forex market. Funds can be made away with without a trace or they can be misappropriated and irrecoverable. It is wise to just totally avoid them at all costs.

On the website, traders are invited to literally invest in “the future” with them. What we seem to find is that trades are allowed mostly in Bitcoin. They claim to have a worldwide coverage, mobile friendly software and high liquidity.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

It is common for Forex brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.

Zenith FX Trade Trading Platform

We don’t find any mention of the commonly used MetaTrader trading platforms. What it seems like is that trades are conducted on a web-based platform. This is not encouraging as most times, traders who use auto-trading robots find it hard to use it with web-based trading platforms.

Legit brokers are known to offer at least the popular MetaTrader 4 or 5 trading platform.

These platforms are very good signs as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating system. All can be used on desktops, Linus, windows, iOS and Android.

Tools that comes with these trading platforms are also found to be useful for traders. It has proven to be user friendly as well and helps traders in analyzing the market easily.

Trading instruments offered to traders are: currency pairs, indices, stocks, futures, commodities, and crude oil. We know that legit brokers offer currency pairs, indices, CFDs on many commodities and cryptocurrencies. It is important to let traders know the options open to them.

Maximum leverages offered is not mentioned. And while may seem generous they could pose danger. High leverages can lead to huge loss of funds as well. Spreads are not stated as well.

Spreads of 1.5 pips or below are what is obtainable in the forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.

Deposit and Withdrawal methods on Zenith FX Trade

With the information we get from the website, it looks like payments and withdrawals are allowed on via Bitcoin. This gives limited payment options and excludes e-wallets which is not encouraging.

This is because standard and legit brokers make deposit and withdrawals available via Visa, MasterCard and Wire Transfer. Many offer e-wallets like: Skrill, Neteller, UnionPay, FasaPay, and so on.

Minimum deposit required is mentioned to be 0.05 BTC and we know that the average among brokers is around $100 – $250. Withdrawal charges are not stated for this broker. Sometimes it is better to mention if they apply or not. We do not even find any terms and conditions; this is a shady thing. Traders are expected to sign up for something with unclear conditions.

This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

There is a payout offer of 87% on the popular EURUSD pairs. Despite not being the best offer, it is quite attractive among binary options brokers.

Is Zenith FX Trade Licensed?

No. Zenith FX Trade is not a duly licensed Forex broker and this is discouraging. It is located in London and naturally we expect it to be regulated by the FCA but this turns out to not be the case.

We do not encourage traders to consider it for investment of their funds. Trading with unregulated brokerages is one of the most dangerous things about the Forex market. Funds can be made away with without a trace or they can be misappropriated and irrecoverable. It is wise to just totally avoid them at all costs.

Regulated Forex brokers in Europe, America, Africa, Australia, and Asia are under many strict rules. The regulatory bodies like the FCA, FSCA, CySEC, AISC, NFA and many others have regulations protecting Forex traders from unfair brokers. This is why they come top as recommended Forex brokers.

Support

To get in touch with the broker or a customer care agent, dial: +44 741 1038329

Conclusion

Not much is given us to go on but since Zenith FX Trade, it is unlikely that we recommend it for our readers. Payment options are also limited and trading conditions are unclear.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

Checking your browser before accessing scamrecovery.net.

This process is automatic. Your browser will redirect to your requested content shortly.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

Like this post? Please share to your friends:
Binary Options Trading Guide
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: