Score

1.43 /10
Danger

ZOENOVA

United Kingdom

2-5 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

Quantity 4

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.38

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

ZOENOVA GROUP LIMITED

Company Abbreviation

ZOENOVA

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
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 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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ZOENOVA · Company summary

General Information & Regulation

ZOENOVA is an online broker registered in United States, offering diversified trading products including currencies, commodities, indices, as well as leverage up to 1000:1.

Market Instruments

Tradable financial instruments available on the ZOENOVA platform is rather limited, only with four classes, forex currency pairs, stocks commodities and indices.

Minimum Deposit

ZOENOVA offers four trading accounts: Classic, ECN, Fix and Pro. The minimum initial deposit required by this broker is immensely high, reaching up to $1000.

Leverage

When it comes to trading leverage available, the maximum leverage offered by this broker is super high, reaching up to 1:1000.

Spreads & Commissions

ZOENOVA claims that it offers super low spreads for traders, but it does not provide specific spreads on particular instruments. Besides, the ECN account requires a commission of $10 per lot.

Trading Platform Available

In terms of trading platform, what ZOENOVA offer is not the industry-recognized MT4 or MT5 trading platform. It is just an App available for mobile devices and computer.

Deposit & Withdrawal

What payment methods traders can use to fund their accounts is not disclosed. Most brokers support some common funding options like Wire transfer, Visa, Mastercard, Skrill and Neteller. Please note that the minimum withdrawal amount required by ZOENOVA is $15.

Customer Service

The ZOENOVA customer support service team can be reached through telephone (+44 161 818 9959), Email (service@zoenovas.com), as well as some social media platform, like Facebook, Twitter, Linkedin and Instagram.

User Reviews

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User comment

2

Comments

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messl
more than one year
Very horrible experience I had with them I invested a lot of money into them when I wanted to takeout some that’s where my problems started I tried calling emailing and all sorts then I now found out it is not even regulated by NFA. And I found that so many traders were exposing their scam deeds on the Internet.
Very horrible experience I had with them I invested a lot of money into them when I wanted to takeout some that’s where my problems started I tried calling emailing and all sorts then I now found out it is not even regulated by NFA. And I found that so many traders were exposing their scam deeds on the Internet.
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2023-03-21 17:39
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坚持速减
more than one year
The company's website is no longer open! I've read on the internet that some traders have been scammed... what a pity! wish they can get their money back.
The company's website is no longer open! I've read on the internet that some traders have been scammed... what a pity! wish they can get their money back.
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2022-12-06 18:51
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4