Abstract:Zeus Capital Markets, a trading name of Zeus Capital Markets (PTY) Ltd, is allegedly a forex broker founded in 2021 and registered in South Africa that claims to provide its clients with over 60 tradable products with competitive spreads without any added commissions.
General Information & Regulation
Zeus Capital Markets, a trading name of Zeus Capital Markets (PTY) Ltd, is allegedly a forex broker founded in 2021 and registered in South Africa that claims to provide its clients with over 60 tradable products with competitive spreads without any added commissions. Here is the home page of this brokers official site:
As for regulation, it has been verified that Zeus Capital Markets is authorized and regulated by the FSCA (Financial Services Conduct Authority) in South Africa. That is why its regulatory status on WikiFX is listed as “Regulated” and it receives an average score of 4.57/10. Please be aware of the risk.
Negative Reviews
Some traders shared their terrible trading experience in the Zeus Capital Markets platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.
Market Instruments
Zeus Capital Markets website shows that the broker offers access to more than 60 trading products, covering forex, indices, metals and energies.
Account Types
Zeus Capital Markets claims to offer demo and Standard account types. However, the broker says nothing about the minimum initial deposit requirement to open an account.
Spreads & Commissions
Zeus Capital Markets claims to offer competitive spreads without any added commissions, yet no value of the spread is specified directly.
Deposit & Withdrawal
Zeus Capital Markets says that deposits can be made in ZAR, GBP, EUR, or USD via bank transfer. To make a bank deposit, use the Zeus Capital Markets bank that matches your bank accounts currency.
The minimum initial deposit requirement is said to be $5000, while there is no mention of what the minimum withdrawal amount is.
Bank transfer deposits take 1-2 business days to arrive and process into your trading account for domestic transfers, while 3-5 business days are required for international transfers.
Customer Support
Zeus Capital Markets customer support can be reached by telephone: +27 (0) 84 0620411, email: support@zeuscapitalmarkets.com. Registered address: The Gatehouse Unit 207, Century Way, Century City, Western Cape, 7441, South Africa.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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