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zeyfex

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://zeyfex.com/

Website

Rating Index

Contact

support@zeyfex.com
https://zeyfex.com/
Suite 305, Griffith Corporate Center, Kingstown, Saint Vincent and the Grenadines.

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

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Broker Information

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Company Name

Zeyfex LLC

Company Abbreviation

zeyfex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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zeyfex · Company Summary

General Information &Regulation

Zeyfex says to be a new concept broker offering more than 30 000 trading instruments from forex pairs to CFDs on stocks and crypto coins. However, Zeyfex is just another unregulated broker trying to scam brokers.

Market Instruments

At Zeyfex, traders can get access to a series trading assets including forex pairs to CFDs on stocks and crypto coins.

Minimum Deposit

Zeyfex says that for a Standard Account they do not have a minimum deposit requirement. Although this sounds encouraging, given the fact that Zeyfex is unregulated, traders are not advised to register real trading accounts here.

Leverage

The leverage Zeyfex provides is also too much – up to 1:500, available to any trader. Such amounts have been deemed to be too high by most regulatory bodies as well.

Spreads & Commissions

When it comes to trading costs, spreads Zeyfex offers are too wide – moving well above the accepted amount of 1 pip for FX majors like the EURUSD.

Trading Platform Available

Zeyfex provides access to the Metatrader 5 trading platform – the most revered piece of trading software and what is considered to be the industry standard nowadays

Deposit & Withdrawal

Zeyfex accepts deposits via Bitcoin and wire transfers – two methods, preferred among scammers, because they are not eligible for any form of chargeback. And considering that Zeyfex does not really have any information on its withdrawal policy available, or what fees withdrawals incur, a chargeback might be the only way to get your money back from the broker.

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FX1190663328
more than one year
My friend told me to stay away from all companies registered in Saint Vincent and the Grenadines because their offices are not there and they are most likely scam companies.
2022-12-20 11:23
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