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ZenovaFx

Mauritius|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://zenovafx.com/

Website

Rating Index

Contact

+44 1233 281532
support@zenovafx.com
https://zenovafx.com/
20 Edith Cavell Street, Level 6 Ken Lee Building Port Louis, Mauritius 11302.

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Mauritius
Operating period
2-5 years
Company Name
ZenovaFx Capital Limited
Abbreviation
ZenovaFx
Company employee
--
Customer Service Email Address
support@zenovafx.com
Contact number
00441233281532
Company website
Company address
20 Edith Cavell Street, Level 6 Ken Lee Building Port Louis, Mauritius 11302.
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

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Official website

Website

  • zenovafx.com

    Server Location

    United States

    Website Domain Name

    zenovafx.com

    Server IP

    172.67.159.111

Company Summary

Note: ZenovaFx's official website https://zenovafx.com/ is currently inaccessible normally.

ZenovaFxReview Summary
Founded2022
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, Energies, Commodities, Crypto, Indices, Stocks
Demo Account
LeverageUp to 1:500
SpreadFrom 2 pips (Standard account)
Trading PlatformMetaTrader 5
Min Deposit$1,000
Customer Support24/5 support
Live chat, contact form
+44 1233 281532
support@zenovafx.com

ZenovaFx is a brokerage firm based in Mauritius, but it lacks proper regulation. It claims to a variety of market instruments for trading, such as forex, energies, commodities and so on. It also provides different types of trading accounts, including Standard, Premium, ECN PRO, and Islamic accounts. Additionally, a demo account is also available.

ZenovaFx's homepage

Pros and Cons

ProsCons
Various trading instrumentsLack of regulation
Demo accountsHigh minimum deposit
Multiple channels for customer supportWide spreads
MT5 supportedNo MT4
Unavailable website

Is ZenovaFx Legit?

No license

ZenovaFx is not regulated by the financial services regulatory authority in Mauritius, which means that the company lacks regulation from its registration site. Moreover, the current status shows that activities like transferring and updating are prohibited.

Domain information

What Can I Trade on ZenovaFx?

ZenovaFx claims to offer 6 types of trading products, including forex, energies, commodities, crypto, indices, and stocks.

Tradable InstrumentsSupported
Forex
Energies
Commodities
Cryptos
Indices
Stocks
ETFs
Bonds
Mutual Funds
What Can I Trade on ZenovaFx?

Account Type/Leverage/Fees

ZenovaFx provides 4 types of accounts: Standard account, Premium account, ECN PRO account, and Islamic account. Demo accounts and Islamic accounts are also available.

The leverage is up to 1:500 for all account types. However, high leverage will bring high risks, and traders need to think before being involved in high-risk investment.

Account TypeMin DepositMin Trade SizeMax LeverageSpreadCommision for Forex Pairs
Standard $1,0000.01 Lot1:500From 2 pips$10 per lot
Premium $15,000From 1 pip
ECN PRO $5,000From 1.5 pips
Account comparison

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4/Beginners
MetaTrader 5Windows, macOS, iOS, AndroidExperienced traders
MT5

Deposit and Withdrawal

Deposit OptionFeeProcessingTimeAccepted Currency
BitcoinInstantUSD
Tether
Visa
Master Card
Bank Wire TransferWithin 1 business dayUSD, AED
Local TransferUSD, AED, NGN and local currencies
Withdrawal OptionFeeProcessingTimeAccepted Currency
BitcoinInstantUSD
Tether
Bank Wire TransferWithin 1 hourUSD, AED
Local TransferUSD, AED, NGN and local currencies
Deposit methods
Withdrawal methods

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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