ZonoFX's website provides no verifiable regulatory disclosures, listing only a registered address in Saint Lucia. It is important to note that Saint Lucia currently has no authority responsible for regulating or licensing forex trading activities. While we confirmed that ZonoFX Limited is registered with the Saint Lucia International Financial Centre (IFC), this registration merely confers International Business Company (IBC) status, which does not amount to a legitimate financial license. The IFC itself neither regulates nor authorizes forex trading. These findings strongly indicate that ZonoFX is operating without proper authorization, a clear red flag commonly associated with fraudulent platforms. Therefore, ZonoFX appears to be a scam.