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/10

ZenTrade

Marshall Islands|2-5 years|
Suspicious Regulatory License|High potential risk|

https://zentrade.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Thailand 5.02

Surpassed 68.21% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

info@zentrade.com
https://zentrade.com/
Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

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

ZenTrade

Company Abbreviation

ZenTrade

Platform registered country and region

Marshall Islands

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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ZenTrade · Company Summary

Company Summary

Company profile

General Information & Regulation

Zentrade is an online broker founded in 2006. Zentrade is currently not subject to any active regulation.

Markets Instruments

Investors can trade major currency pairs, minor currency pairs, gold, silver, platinum, and palladium through Zentrade Markets.

Minimum Deposit

Zentrade offers four account types: Cent, Micro, Standard, and Zero accounts. However, the minimum deposit requirement is not fully disclosed. Many other brokers would require traders to at least $100 or the equivalent amount to start trading.

Zentrade Leverage

When it comes to trading leverage, Zentrade doesn't make this broker clear. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Spreads & Commissions

In terms of spreads and commissions, or trading fees, Zentrade seems to make this part quite vague. The specific spreads and commissions details are not provided.

Deposit & Withdrawal

Zentrade supports users to deposit and withdraw funds via cryptocurrencies.

User Reviews

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3

Comments

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gamingsyariah
6-12months
fraud broker, unable to withdraw funds.
2023-07-05 13:32
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0
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Jackson
more than one year
I would say that this Zen Trade is definitely not what you want. My withdrawal request was submitted six months ago, but it haven’t been processed yet, they always ask me to wait and wait…
2023-02-15 09:58
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0
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刘思酉
more than one year
The website of this company seems to be quite reliable, but some people say that his money cannot be withdrawn... I will not trade here for the sake of my money.
2022-12-16 16:55
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