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Abstract:The British regulator FCA issued an official warning against ZeemzFX on September 16th!!!
Investors who are still trading forex at ZeemzFX had better quit trading ASAP!!! Investors who have been deceived by this broker please contact WikiFX to help you recover your funds!!!
First and foremost, let us start with the most important - ZeemzFx (zeemzfx.com) is blacklisted by the Financial Conduct Authority (FCA) in the UK on September 16th. You may check the recent FCA warning on the screenshot below (source: https://www.fca.org.uk/news/warnings/zeemzfx):
Here is what the FCA actually says. “This firm is not authorized by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong”.
WikiFX also paid a visit to the broker‘s official website to learn more. ZeemzFX claims that it’s a company from the United Kingdom that has been actively operating in the global markets, having all the necessary permissions and licenses to conduct its business.
Well, it‘s not, as the so-called broker is an exposed scam. The British regulator FCA issued a warning against ZeemzFX, stating that it’s not authorized to carry out financial and investment activities. ZeemzFX is a blacklisted broker, which is the ultimate proof that its a scam scheme! WikiFX confirms that scammers will steal your money if you deposit with ZeemzFX!
ZeemzFX claims that it has MetaTrader 4, an industry-leading platform, but WikiFX never found it. There are no download links on the website, and upon registration, our account was left pending. Therefore, WikiFX cannot confirm that ZeemzFX has any platform whatsoever. See our failed attempt to create an account from the website:
The minimum deposit is $500, but its not for a trading account but for fishy investment plans. The scammers promise 75% earnings per trade, which is a fraudulent offer nonetheless – brokers cannot offer guaranteed earnings on CFDs. So, knowing about the deposits, WikiFX confirms that ZeemzFX is not even a broker but a pure scam promising things it will never deliver!
Now let's search “ZeemzFX” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
As you can see, based on information given on WikiFX (https://www.wikifx.com/en/dealer/8386053502.html), ZeemzFX currently has no valid regulatory license and the score is rather negative - only 0.99/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.
Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers - the WikiFX compliance and audit team gives a quantitative assessment of the level of broker regulatory through regulatory grading standards, regulatory actual values, regulatory utility models, and regulatory abnormality prediction models. If investors use WikiFX APP before investing in any broker, you will be more likely to avoid unnecessary trouble and thus be prevented from losing money! The importance of being cautious and prudent can never be stressed enough.
In a nutshell, it's not wise to invest in ZeemzFX. The so-called brokerage is nothing more than an outright scam, which is in the spotlight of a recent investigation by the British financial authorities, who have already blacklisted the website for targeting UK customers without proper authorization.
WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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