Searching for a reliable intermediary in financial markets can be a challenging task, especially for newcomers without trading experience. Scammers often take advantage of this, aiming to deceive inexperienced traders and lure capital from them. Distinguishing a truly reliable broker from a fraudster can be difficult, as scam projects often disguise themselves well. One of the companies that raises doubts is ZATARA CAPITAL SECURITIES.
Company Information
According to the information provided, ZATARA CAPITAL SECURITIES is a company formed by a group of specialists with the aim of making trading accessible to everyone. The intermediary claims to have gained the trust of a large number of traders (over 1,000,000 accounts on their platform). However, no real reviews of this brokerage firm could be found online. This raised suspicions that ZATARA CAPITAL SECURITIES may be another example of a fraudulent scheme hiding behind the facade of activity in financial markets.
A check through the specialized whois service showed that the domain zataracs.com was registered only in May 2023, indicating the novelty of the project and raising doubts.
Contact Information
The provided information includes a real email address, but the office address and phone number turned out to be fake. Despite the lack of real user reviews, it can already be assumed that prompt and quality resolution of financial and technical issues in this company may not be reliable. Scammers may use the genuine email address to collect users’ personal data for subsequent spamming.
Legal Aspect
At first glance, ZATARA CAPITAL SECURITIES appears to be a law-abiding company with appropriate legal documents. Although there are no scanned copies of the incorporation certificate and license on their platform, all necessary verification data, including documentation links, are available.
According to the information provided, the brand is managed by ZATARA CAPITAL SECURITIES LP, officially registered in the USA. Such an organization does exist, but it was formed back in 2019, not in 2023 as claimed. This may indicate that company representatives could have used someone else’s data to bolster their reputation with potential clients. By dealing with such fraudsters, you expose your capital to risk and lose the opportunity to receive legal protection, as anonymous scammers are not subject to regulatory oversight.
Trading Offer
ZATARA CAPITAL SECURITIES LP does not provide the opportunity for risk-free practice through a demo account but offers various ways for active and passive earnings. Their platform features trading opportunities in Forex currency pairs, stocks, cryptocurrencies, options, futures, and other instruments. The broker offers its own trading platform ZCS Trader Pro; however, due to the absence of necessary legal documentation, its operations may be subject to manipulation in favor of fraudsters. Information on trading conditions was limited, but the following was determined:
- No restrictions on trades.
- Risk management.
- Over 500 trading instruments.
- Diversity of payment methods (bank cards, electronic payment systems, cryptocurrencies).
- Rewards program (details to be clarified individually).
- Instant order execution.
Passive income options are also provided. The minimum investment amount is $100, and payouts under the investment program are made daily.
Client Reviews
At the time of this review, no reviews from real clients were found. This circumstance is favorable for scammers who can freely mislead potential victims without the risk of being exposed.
Scam Scheme
Scammers know how to create a favorable first impression on their victims. For trading manipulations, they use a trading platform controlled by them. Initially, they may showcase profitable trades to convince the investor to increase trading and investment volume. However, once a significant sum accumulates in the account, scammers may immediately block access to the personal account and cease interaction with the deceived investor.
Conclusion
We do not recommend engaging with the company ZATARA CAPITAL SECURITIES. This firm is prone to fraud and does not intend to conduct honest business from the outset. Scammers engage in deception, using psychological pressure. Be vigilant and stay away from these financial fraudsters to avoid capital loss and disappointment in investing.
I am extremely dissatisfied with the services provided by ZATARA CAPITAL SECURITIES in 2023, their lack of communication and poor investment performance left much to be desired.