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ZenithIndex

ZenithIndex | 2024-09-02 16:21

Abstract：ZenithIndex is a pan-African financial technology services company founded in Comoros in 2019. It operates as a Foreign Exchange (Forex) and Contracts for Difference (CFD) broker, offering six trading assets: Forex, Cryptocurrencies, Indices, Commodities, Metals, and Bonds. However, ZenithIndex is unregulated, which is its biggest drawback.

ZenithIndex information

ZenithIndex is a pan-African financial technology services company founded in Comoros in 2019. It operates as a Foreign Exchange (Forex) and Contracts for Difference (CFD) broker, offering six trading assets: Forex, Cryptocurrencies, Indices, Commodities, Metals, and Bonds. However, ZenithIndex is unregulated, which is its biggest drawback.

Pros and Cons

Pros	Cons
6 tradable assets	Lack of regulation
MT5 trading platform	Lack of transparency
Multiple contact channels

Is ZenithIndex Legit？

ZenithIndex is owned and operated by GoDaddy.com, LLC., whose registration number is 54930014QNWWH8OAC930. However, we cannot find any information on the Anjouan Offshore Finance Authority (AOFA), and it is also not regulated by FCA and ASIC.

What Can I Trade on ZenithIndex？

ZenithIndex offers 1,000+ instruments that customers can mix and match when trading, like forex, crypto currencies, indices, commodities, metals, bonds. However, clients need to know that ZenithIndex does not offer stocks.

Tradable Instruments	Supported
forex	✔
Crypto Currencies	✔
Indices	✔
Commodities	✔
Metals	✔
Bonds	✔
Stocks	❌

Account Type

ZenithIndex offers two accounts: demo and live. It is very fast to open an account and it takes only three steps within minutes. If you are an experienced client, you can directly open a live account for trading. On the other hand, you should open a demo account to practice and learn and then for actual trading.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, WebTrader, Mobile	Professional Traders

Customer Service

For any question you might have, reach out to them by phone (+27 (0)31 003 3185) or email (info@zenithindexfx.com). You can also dig into their social media channels (Facebook, Youtube, Twitter, etc) or hit a button on an online message box.

Contact Options	Details
Phone	+27 (0)31 003 3185
Email	info@zenithindexfx.com
Support Ticket System	❌
Online Chat	Telegram
Social Media	Telegram, facebook, twitter, instagram, linkedin, youtube
Supported Language	English, Korean, Chinese
Website Language	English, Korean, Chinese
Physical Address	18, The Boulevard, Westway Office Park, Westville, Durban, 3629, South Africa.

The Bottom Line

ZenithIndex offers many instruments that its clients can freely combine. MT5's in-depth market data analysis will attract many professional traders. However, its biggest drawbacks are unregulated and untransparent information. Remember to consider the potential risks before choosing a broker.

FAQs

Is ZenithIndex safe？

No. ZenithIndex's unregulated and non-transparent information can expose customers to financial loss and legal risk.

Is ZenithIndex good for beginners？

No, it is not good for beginners because its platform is very complicated that beginners can not know the basic financial knowledge.

Is ZenithIndex good for day trading？

Yes, MT5 offers technical indicators, charting tools, and analytical functions for professional traders in high-frequency trading.

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.