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Score

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0123456789
/10

ZXG

Belize|2-5 years|
Suspicious Regulatory License|White label MT4|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://www.zxgfx.com/En

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
ZadaXmas-Demo MT4
Server Location Japan

Contact

0085269374425
dengnvshi@zxgfox.com
http://www.zxgfx.com/En

Licenses

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

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

0085269374425

Broker Information

More

Company Name

ZADA XMAS GLOBE MARKETS LIMITED

Company Abbreviation

ZXG

Platform registered country and region

Belize

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0536613) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

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ZXG · Company Summary

General Information & Regulation

ZADA XMAS GLOBE MARKETS LIMITED (ZXG, for short) is a private company, registered at Companies House under the number 13164819. ZADA XMAS GLOBE MARKETS LIMITED was incorporated on 28 January 2021 with a registered office address based in Belize. ZXG is not subject to any regulation, so investors should be careful to trade with this broker.

Market Instruments

ZXG provides traders with more than 55 forex currency pairs, and a series of CFDs on commodities, precious metals, energy and indices.

Account Types

There are two account options on offer on the ZXG platform, the Micro and the Standard account. however, the minimum deposit of both accounts is not fully undisclosed.

Leverage

The trading leverage offered by ZXG is up to 1:1000, which is super high. ZXG, as an unregulated brokers, provides such high leverage, so it largely can be a scam scheme. Investors should use leverage with caution, because leverage can increase profit as well as risk.

Spreads& Commission

The trading condition involving spreads and commissions is unknown. However, the benchmark EUR/USD spread provided by most brokers is between 1.1 pips and 1.5 pips and spreads above this level could increases traders transaction fees.

Trading Platform

ZXG provides the classic MetaTrader4 (MT4) for its traders. MT4 is preferred by most traders in the world, for it is in-built with a large number of technical indicators, 9 timeframes, an users-friendly interface, equipped with EA (expert advisor) for automated trading, suitable for both novices and seasoned traders.

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FX1102558214
more than one year
ZXG is a terrible platform, I see its website is dead and there are still some victims on wikifx. Hope they can recover the funds sooner.
2022-12-07 11:05
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