ZTMFX.COM Review : Fees, Pros and Cons, Reviews by Real Traders

ZTMFX.COM

Operating status: SCAM

Website: https://ztmfx.com/english/pages/index.php

Broker violations and abnormal records

Sep 11, 2022 The Seychelles FSA Added ZTMFX.COM into Its Warnings
On 12 Sep 2022, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning that ZTMFX.COM is not relate to any entity licensed or regulated by the FSA in any capacity. You may visit: https://fsaseychelles.sc/media-corner/regulatory-updates/alert-unauthorized-use-of-websites-the-unlawful-website-www-ztmfx-com

On 12 Sep 2022, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning that ZTMFX.COM is not relate to any entity licensed or regulated by the FSA in any capacity. You may visit: https://fsaseychelles.sc/media-corner/regulatory-updates/alert-unauthorized-use-of-websites-the-unlawful-website-www-ztmfx-com
Sep 12, 2022 BrokersView has Reviewed that ZTMFX.COM is an Unregulated Forex Broker
ZTMFX.COM (brand name: Zenfinex) claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA). So we searched the brand name in UK FCA and found a company named Zenfinex Limited. However, the approved domain in the registry is "http://www.zenfinex.co.uk/" instead of "https://ztmfx.com/". In other words, ZTMFX.COM is not regulated by UK FCA.
Moreover, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning that ZTMFX.COM is not relate to any entity licensed or regulated by the FSA in any capacity.
The truth is that ZTMFX.COM is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

ZTMFX.COM (brand name: Zenfinex) claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA). So we searched the brand name in UK FCA and found a company named Zenfinex Limited. However, the approved domain in the registry is "http://www.zenfinex.co.uk/" instead of "https://ztmfx.com/". In other words, ZTMFX.COM is not regulated by UK FCA. Moreover, the Seychelles Financial Services Authority (Seychelles FSA) issued a warning that ZTMFX.COM is not relate to any entity licensed or regulated by the FSA in any capacity.The truth is that ZTMFX.COM is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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