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Global Broker Regulation & Inquiry App

Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

YUM

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

https://zoro-forex.com/

Website

Rating Index

Contact

support@yum-forex.com
https://zoro-forex.com/
The WikiFX Score of this broker is reduced because of too many complaints!

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!
2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
United Kingdom
Operating period
2-5 years
Company Name
YUM Group Global Limited
Abbreviation
YUM
Company employee
--
Customer Service Email Address
support@yum-forex.com
Company website
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

岳祥

Taiwan

Dec. 29th, 2021, I found that ZORO Global Limited fraud platform deleted my account and it changes to a new name. This is the new fraud platform called Yum Group Global Ltd. I applied for withdrawal from ZORO Global Limited on Nov. 12th, 2021. They induced me to pay handling fee and said that it will not withdraw unless I pay the fees. Here are the proofs. Everyone be careful.

Exposure

2021-12-29

岳祥

Taiwan

December 1 2021, ZORO Global scam the investors!Please tell everyone to be careful. The fraud platform's index had a severe slippage and they had continued their scam. MT4 index slips severely and MT5 index is normal. Presumably, the judiciary cannot find the ZORO Global fraud platform, nor can they catch these unscrupulous scammers! !

Exposure

2021-12-01

岳祥

Taiwan

ZORO Global Limited was a fraud platform uses the US MSB regulatory unit to gain trust from the victim and commit fraud. It is conceivable that the US MSB regulation cannot supervise or dispose of ZORO Global Limited. It was said that this fraud platform used money to buy the US MSB regulatory agency to prove that it is free from fraud in other places and does not give money. Very terrible fraud platform. It is impossible to imagine how the ZORO Global Limited applied for the certificate of US MSB supervision. Could it be brought? oh my god!

Exposure

2021-11-17

岳祥

Taiwan

On November 12, 2021, I received $79311.83 from Zoro Global Limited, applied for $75000, and the remaining $4311.83. As a result, the customer service staff said that they would help apply and the notice passed the review. After a few minutes, they said that if you want to get the money, you have to pay a 3% handling fee first. I am desperate again and have no way to ask for help.

Exposure

2021-11-15

岳祥

Taiwan

When I first came into contact with foreign exchange margin, my guide claimed that I had professional research and had considerable experience in foreign exchange investment, but later found that there would be a considerable gap between the indexes shown by MT4 and MT5. Zoro Global Limited will have a gap in several periods, sometimes 500 ~ 600 points, mostly 300 points. Zoro Global Limited operates silently on this fraud platform, which allows you to interpret it as a market with sharp rises and falls every day. I also use such fluctuations to guide me. The most painful thing is that on September 3, 2021, he took me to place an order in the evening. When the capital accumulated to $83000, he transferred to BTC for five hands. It was really only a few seconds. Your capital burst. The capital was negative $27000. God, I was really speechless at that time. And the funds that were blown out. Very helpless. I reasonably doubt that Zoro Global Limited has set up background management to operate the currency index bullish and bearish. I hope you can compare the MT4 and MT5 software you use with each other after reading the Po. If so, there must be a problem. Guide you to place an order and then kill the pig plate. Lose everything. The most powerful thing is that the teacher first reviews himself or cares about me and asks me to enter the gold again to help you find a way to recover it.

Exposure

2021-11-13

岳祥

Taiwan

I was cheated: I infer that many fraud platforms operate like this. After strangers added you on line, they will maintain good interaction with you (greetings in the morning and evening). After gaining trust, they will tell you that there is a highly profitable foreign exchange margin investment method to induce them to join foreign exchange investment (Zoro forex) and provide profit information (MT4). (1) When I expressed that I wanted to deposit, the personnel of the Zoro Global Limited platform would provide a personal account of a bank in Taiwan, which was not the special account of the platform. That was to say, I was cheated and transferred the money from my account to someone else's account. At that time, I raised my doubts. The exchange said that such transfer was relatively fast. If I went to the special account, it would take several days. I accidentally believed this statement. Later, I was surprised that there was no special account at all. (2) When it was indicated that the fund was to be released, the platform used other people's accounts to transfer it to my account. After I confirmed that the fund could be released, I unknowingly invested about 80000 ~ 90000 US dollars. This process was guided to place an order for BTC several times, and the position was closed in a few seconds. The fund was immediately empty. About a month later, the nightmare began, and my bank account was listed as a warning account. The bank said that this was a fraud. I am surprised that my account has become a head account, allowing the fraud group to take advantage of the profit, resulting in being listed. Up to now, all my bank accounts have been listed and can not be used. Please pay more attention to your good friends and don't join the fraud platform. (3) It is conceivable that the Zoro Global Limited exchange was established to defraud the pig market, and may use investment profits and other means to attract members. Fraud and money laundering in Hong Kong, Taiwan or other places, mutual transfer between platform members and head accounts, and many breakpoints are set up. As a result, they can not be traced smoothly. When they find themselves cheated, they are powerless. They are the victims, but they become the perpetrators because of the money. Zoro global claims to have applied for a US MSB license(https://www.fincen.gov/), it means that there is no real supervision of MSB in the United States. There is only mailbox on Zoro Global's official website, but there is no other contact information, which shows that it does not deal with the problems of any members. I believe that this group must have set up many fraud platforms, domain name: zoro-forex.com, web host IP address: 106.3.84.146.

Exposure

2021-11-13

Etternal

Hong Kong

A month ago, an Asian woman named Sophia guided me to add her WhatsAPP on the dating app. She led me to MT4 to invest in foreign exchange through the virtual account registered by the dealer of ZORO. They help me earn a lot of virtual funds on it and guided me to open a real account and invest. Now I can’t withdraw after making profits. They also blacked me out! Now I’m so helpless!

Exposure

2021-07-21

品味人生

United Kingdom

The website fails to provide effective regulatory information, nor clear information about its trading conditions and customer support, which means it is unreliable. Please note that you should exercise extreme caution when choosing a brokerage firm and carefully review client reviews, regulatory information, and other reliable sources to ensure that your funds and information are protected.

Neutral

2023-03-27

FX1287517378

Cambodia

YUM’S trading platform is too complicated and useless. I do advise that they should develop a more user-friendly and powerful trading software, or buy third-party software.

Neutral

2023-02-24

9
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Official website

Website

  • zoro-forex.com

    Server Location

    China

    Website Domain Name

    zoro-forex.com

    Server IP

    45.251.243.18

Company Summary

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse. In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: https://zoro-forex.com/

General Information & Regulation

ZORO Global, owned by ZORO Global Limited, is an emerging corporation registered in the United Kingdom with 2 years in business, other than that, we could not find any valuable information about it on the other websites in addition to the registered address.

Market Instruments

ZORO Global offers more than 100 tradable trading financial assets, however, we do not know the specific trading assets.

Accounts & Leverage

ZORO Global offers a Standard Account with the minimum deposit of unknown amount, concerning the leverage, the leverage is capped at 1:500.

Spreads

The spread is variable, and the EUR/USD spread delivered by the platform is 2.2 pips.

Trading Platform

ZORO Global is MetaTrader4 (MT4) White Label provider, which is an industry-recognized platform available for free download to PC desktops (Windows/macOS) and mobile devices (Android/iOS).

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.

Keywords

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

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