Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Zen Trader

United States|2-5 years|
Suspicious Scope of Business|High potential risk|

http://www.zentrader.co/

Website

Rating Index

Contact

info@zentrader.co
http://www.zentrader.co/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-07-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Zen Trader · WikiFX Survey

Users who viewed Zen Trader also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Exness

8.38
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

IC Markets

9.05
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.36
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Zen Trader · Company Summary

NOTE: Zen Traders official site - http://www.zentrader.co/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Zen Trader Review Summary
Registered Country/Region China
Regulation No Regulation
Market Instruments Forex
Trading Platforms Meta Trader 4
Customer Support Email: info@zentrader.co

What is Zen Trader?

Zen Trader is a broker based in China, engaged in providing investors with financial services specializing in forex. It utilizes the MetaTrader 4 trading platform. However, Zen Trader operates without regulation. And the official website is non-functional currently.

Zen Trader

Pros & Cons

Pros Cons
  • Access to the Forex market
  • Unregulated
  • MetaTrader 4 platform
  • Non-functional Website
  • Limited Information

Pros:

Access to the Forex market: Zen Trader focuses on the Forex market, allowing traders to participate in currency trading.

MetaTrader 4 platform: The platform offers the widely used MetaTrader 4 trading software, known for its user-friendly interface and extensive analytical tools.

Cons:

Unregulated: This is the biggest drawback. There is no guarantee of the safety of your funds and limited recourse if something goes wrong.

Non-functional Website: The non-functional website indicates issues with the platform's reliability and maintenance.

Limited Information: There is no information about the operation status, fees and more details, making it difficult to assess the platform's credibility and services.

Is Zen Trader Safe or Scam?

There are several signs pointing towards Zen Trader being a high-risk option. The lack of regulation means there is no oversight from regulatory bodies to ensure the safety of your funds or the integrity of the trading platform. Additionally, the non-functional website and limited information raise red flags that suggest potential risks.

No license

Market Instruments

Zen Trader provides access to trading in the Forex market, which involves trading currency pairs. Forex trading is the buying and selling of currencies against each other, typically in the form of currency pairs. Traders speculate on the price movements of these currency pairs, aiming to profit from changes in exchange rates.

Trading Platforms

Zen Trader utilizes the MetaTrader 4 (MT4) trading platform, which is a widely used platform in the Forex industry known for its user-friendly interface and robust features. MT4 offers advanced charting tools, technical analysis capabilities, and automated trading options through Expert Advisors (EAs). Traders can access the platform via desktop, web, and mobile versions, allowing for flexibility and convenience in trading.

Customer Service

Zen Trader offers customer support via email, with the designated email address being info@zentrader.co.

Conclusion

While Zen Trader offers access to the Forex market and utilizes the popular MetaTrader 4 platform, these features are overshadowed by significant risks. It operates without regulation, which is a significant drawback. The non-functional website further raises red flags about the platform's reliability and transparency. We strongly advise you to avoid it and choose a well-regulated and reputable broker.

Frequently Asked Questions (FAQs)

Q: Is Zen Trader regulated?

A: No, Zen Trader operates without valid regulation.

Q: What trading platform does Zen Trader use?

A: Zen Trader utilizes the MetaTrader 4 (MT4) trading platform.

Q: What market instruments can I trade with Zen Trader?

A: Zen Trader focuses on the Forex market, offering trading opportunities in various currency pairs.

Q: Is Zen Trader safe to use?

A: Zen Trader is highly likely unsafe due to the lack of regulation, and the non-functional website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Zen Trader

Abbreviation

Zen Trader

Regulatory Status

No Regulation

Platform registered country and region

United States

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@zentrader.co

Company Summary

Review 1

1 Comments
Write a comment
All(1) Latest Positive(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com