Warning from ZenithFX: Exposing Hidden Pitfalls
Here is a unique opportunity to start trading with ZenithFX, presented as an innovative trading platform. It’s said to offer excellent trade execution and favorable cooperation terms, but before joining, take a look at the details in our review.
A Few Words About ZenithFX
Data on the official ZenithFX website indicates that the company has been operating in the market since 2011 and is well-regarded by investors. However, recent reviews about the company leave much to be desired, showing a very negative tone, which is concerning.
Upon examining the domain history, it turns out that the zenithin.biz site was launched only on December 26, 2023, and has just started to gain traction on the internet.
User reviews of ZenithFX highlight serious issues with the company’s trading practices and financial responsibility. Additionally, clients complain about the complete lack of support from customer service. This is quite logical considering that the broker’s official website lists fake contact information. Verification of the email used by ZenithFX to communicate with clients also confirms suspicions.
Behind the Scenes
ZenithFX claims to operate in accordance with international regulations, yet there are no verified copies of legal documents. The broker cites license numbers obtained from CNMV and CySEC, but the links to these licenses actually lead to other companies. This confirms the dishonest practices employed by ZenithFX.
Reviews make it clear that depositing funds with ZenithFX is possible without issues, but withdrawing funds turns out to be impossible due to various tricks and excuses from the scammers.
Deception in Action
ZenithFX does not provide a demo account for safe practice before investing real funds. Brokers aim to extract maximum profit from clients, offering various services and tools, but are actually set up for deception.
- High spreads and commissions
- Reluctance to process withdrawals
- Imitation of successful trading
Conclusion
ZenithFX is a fraudulent broker using someone else’s reputation to mask its scam practices. Be cautious to avoid financial losses. Scammers won’t stop until they’ve taken away your last cent.
