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Score

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ZenithIndex

Comoros|Within 1 year|
Common Business Registration|MT5 Full License|Regional Brokers|Suspicious Overrun|Medium potential risk|

https://zenithindexfx.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
ZenithIndex-Server MT5
Server Location Hong Kong

Contact

+27 (0)31 003 3185
info@zenithindexfx.com
https://zenithindexfx.com
18, The Boulevard, Westway Office Park, Westville, Durban, 3629, South Africa.

Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-28
  • This broker exceeds the business scope regulated by United States NFA(license number: 16157674)Common Business Registration Non-Forex License. Please be aware of the risk!

WikiFX Verification

ZenithIndex · WikiFX Survey

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ZenithIndex · Company Summary

ZenithIndex information

ZenithIndex is a pan-African financial technology services company founded in Comoros in 2019. It operates as a Foreign Exchange (Forex) and Contracts for Difference (CFD) broker, offering six trading assets: Forex, Cryptocurrencies, Indices, Commodities, Metals, and Bonds. However, ZenithIndex is unregulated, which is its biggest drawback.

ZenithIndex's homepage

Pros and Cons

Pros Cons
6 tradable assetsLack of regulation
MT5 trading platformLack of transparency
Multiple contact channels

Is ZenithIndex Legit?

ZenithIndex is owned and operated by GoDaddy.com, LLC., whose registration number is 54930014QNWWH8OAC930. However, we cannot find any information on the Anjouan Offshore Finance Authority (AOFA), and it is also not regulated by FCA and ASIC.

No license
Domain information

What Can I Trade on ZenithIndex?

ZenithIndex offers 1,000+ instruments that customers can mix and match when trading, like forex, crypto currencies, indices, commodities, metals, bonds. However, clients need to know that ZenithIndex does not offer stocks.

Tradable Instruments Supported
forex
Crypto Currencies
Indices
Commodities
Metals
Bonds
Stocks
What Can I Trade on ZenithIndex?

Account Type

ZenithIndex offers two accounts: demo and live. It is very fast to open an account and it takes only three steps within minutes. If you are an experienced client, you can directly open a live account for trading. On the other hand, you should open a demo account to practice and learn and then for actual trading.

Account

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, WebTrader, MobileProfessional Traders

Customer Service

For any question you might have, reach out to them by phone (+27 (0)31 003 3185) or email (info@zenithindexfx.com). You can also dig into their social media channels (Facebook, Youtube, Twitter, etc) or hit a button on an online message box.

Contact Options Details
Phone+27 (0)31 003 3185
Emailinfo@zenithindexfx.com
Support Ticket System
Online ChatTelegram
Social MediaTelegram, facebook, twitter, instagram, linkedin, youtube
Supported LanguageEnglish, Korean, Chinese
Website LanguageEnglish, Korean, Chinese
Physical Address18, The Boulevard, Westway Office Park, Westville, Durban, 3629, South Africa.

The Bottom Line

ZenithIndex offers many instruments that its clients can freely combine. MT5's in-depth market data analysis will attract many professional traders. However, its biggest drawbacks are unregulated and untransparent information. Remember to consider the potential risks before choosing a broker.

FAQs

Is ZenithIndex safe?

No. ZenithIndex's unregulated and non-transparent information can expose customers to financial loss and legal risk.

Is ZenithIndex good for beginners?

No, it is not good for beginners because its platform is very complicated that beginners can not know the basic financial knowledge.

Is ZenithIndex good for day trading?

Yes, MT5 offers technical indicators, charting tools, and analytical functions for professional traders in high-frequency trading.

Broker Information

Company Name

ZenithIndex Limited

Abbreviation

ZenithIndex

Regulatory Status

Exceeded

Platform registered country and region

Comoros

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company
  • +27 (0)31 003 3185

X

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Facebook

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Instagram

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YouTube

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Company address
  • 18, The Boulevard, Westway Office Park, Westville, Durban, 3629, South Africa.

  • Hamchako, Mutsamudu, Autonomous Island of Anjouan , Union of Comoros

Linkedin

--

WhatsApp

--

QQ

--

WeChat

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Customer Service Email Address
  • info@zenithindexfx.com

Company Summary

Review

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