Score

1.38 /10
Danger

ZenGo Fx

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 7

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.02

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

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

open now

Broker Information

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Company Name

ZenGo Fx

Company Abbreviation

ZenGo Fx

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
ZenGo Fx · Company summary

Since ZenGo Fxs official website (https://zengofxpro.com/) cannot be opened for now, we could only piece together the rough picture of this forex broker by gathering information from other websites.

basic-info

General Information

ZenGo Fx presents itself as a forex broker registered in the United States, providing a series of trading instruments. ZenGo Fx was not established long, with an operating time of only 1-2 years. As this brokers official website cannot be opened, we were not able to obtain more essential details about its minimum deposit, account types, spreads and more.

Axen Capital is not subject to any valid regulation. Please be aware of the risk.

Account Types

ZenGo Fx provides four trading accounts to accommodate different traders trading needs, including Starter, Advance, Professional and Ultimate.

The minimum deposit requirements offered by each account is quite high, with the Starter from $500 to $5,000, the Advance account from $5,000 to $10,000, the Professional account from $10,000 to $15,000, the Ultimate account from $15,000 to Infinity.

Trading with an unregulated forex broker asking for high deposits needs to take extra vigilance.

account-types

Leverage

No trading leverage is not mentioned. Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

What ZenGo Fx provides is not the MT4 or MT5 trading platform. Please be aware of the risk.

Customer Support

Clients have any inquiries or trading-related issues can also get in touch with ZenGo Fx through the following channels:

Telephone: 1(904) 289-5125

Email: support@zengofxpro.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

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花花15496
more than one year
SCAM!!! All the equity I had DISAPPEARED from my account within one day. I never got a penny back or any answers. They deceive you for weeks to finally stop communicating and keep all your money.
SCAM!!! All the equity I had DISAPPEARED from my account within one day. I never got a penny back or any answers. They deceive you for weeks to finally stop communicating and keep all your money.
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2023-03-13 13:44
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