Wikilix
taurex logo

taurex

Regulated
Seychelles
,
Since 2017
Last Updated:
59/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
1000
Account Types
StandardProRAW

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

5 methods

Bank Wire Transfer

bank transfer
5 days
Fee:
Free
Fee:
Free

Credit/Debit Cards (Visa/MasterCard)

credit card
Instant
Fee:
Free
Fee:
Free

E-Wallets (Skrill, Neteller, Google Pay, Apple Pay)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrencies (Bitcoin, Ethereum, Tether, etc.)

crypto
Instant
Fee:
Free
Fee:
Free

Mobile Payments

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 65%, 2: License 76%, 3: Software 51%, 4: Spread 0%, 5: Account Type 42%, 6: Symbol 0%
Regulation
65%Good
License
76%Good
Software
51%Fair
Spread
0%Poor
Account Type
42%Poor
Symbol
0%Poor

Company Information

Full Name:Zenfinex Global Limited
Founded:2017
Headquarters:Seychelles
Enterprise Offices:1offices

Customer Support

Phone:
+97145523593
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about taurex: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

The role of brokers is crucial for connecting trade investors to global market participants within the ever-changing world of financial trading. Zenfinex Limited is an example of a trading broker/financial services organization that has attracted industry interest and excitement. Zenfinex Limited will provide its clients with access to multiple platforms and a wide array of financial instruments. Although there is limited publicly available data on Zenfinex Limited, to fully comprehend its position in the financial services landscape, potential clients and industry observers must understand how it operates as a broker.

This article provides an in-depth examination of Zenfinex Limited’s background, key features, regulatory status, trading conditions, fee structures, and general market reputation. Although Zenfinex Limited has limited research data, this review compiles all available information to provide a clear representation of Zenfinex Limited’s service offerings and operating framework.

Zenfinex Limited Background and History

Limited information exists regarding Zenfinex Limited's establishment, development, and corporate milestones; therefore, it is not currently able to provide specific details. Due to the lack of records or disclosure from Zenfinex Limited, it is difficult to establish a timeline for the company and how it evolved within the financial services industry. The absence of this level of detail is not uncommon among newer or less recognized brokers, especially those focused on niche or emerging markets.

Nevertheless, Zenfinex Limited's provision of a trading broker product to the trading community confirms the company’s commitment to offering a wide range of financial services and products for both retail and institutional clients. Any further developments or disclosures from Zenfinex Limited would provide a better understanding of the company’s long-term historical development and future strategic direction.

Zenfinex Limited’s Key Offerings And Features

While there is no specific product range and service offerings related to Zenfinex Limited, as this is a category of brokers that typically offers access to numerous asset classes, including but not limited to foreign exchange, commodities, indices, and cryptocurrency, Zenfinex Limited may also provide similar products and services to meet the various needs of different types of traders.

Also, brokers typically offer differentiated products, such as account types, trading platforms, and customer support services. However, the types of platforms offered and the unique features available through them are not currently known for Zenfinex Limited. Potential clients will need to contact the broker directly to obtain accurate information on trading tools, educational resources, and the quality of customer support.

Zenfinex Limited’s Regulatory Compliance & Licensing

Regulatory compliance and oversight are essential when allocating resources to any financial services provider. Since Zenfinex Limited has limited defensible regulatory compliance and licensing data available, you should tread cautiously and conduct extensive due diligence before using Zenfinex Limited as a broker. The table below summarizes the current known regulatory status as a result of available research:

Regulator

License Number

Status

Limited information available

—

Not publicly disclosed

Trading Conditions and Platform Technology

The terms of trade (spreads, leverage, and minimum deposits) help traders decide whether to use a broker. Specifics on how Zenfinex Limited meets these terms are not presently available. At this time, Zenfinex Limited has not disclosed any information regarding the platforms used by the company, i.e., whether they develop their own software or use other third-party software, such as MetaTrader 4 and 5.
Since the technology behind the platform affects the trader's experience with executing trades and analyzing results, it is very important to know what platform(s) a broker supports.

The table below represents the absence of detailed information regarding the terms of trade:

Trading Condition

Details

Spreads

Limited information available

Leverage

Limited information available

Minimum Deposit

Limited information available

Trading Platforms

Limited information available

Fee Structure

Understanding the fee structure is vital for traders to manage costs effectively. Unfortunately, there is no publicly available data on the deposit fees, withdrawal fees, or commission charges imposed by Zenfinex Limited. Transparency in fees is a hallmark of reputable brokers, and the absence of such information necessitates direct inquiry with the broker before trading.

Below is a summary table indicating the current status of fee-related information:

Fee Type

Details

Deposit Fees

Limited information available

Withdrawal Fees

Limited information available

Commission

Limited information available

User Experience and Market Reputation

A broker's market reputation and customer feedback provide indicators of its reliability and overall service quality. Currently, there is very little public information or customer feedback available about Zenfinex Limited. As such, there is insufficient data to determine how satisfied clients are with the firm, how easy it is to use the trading platform, or how responsive the firm is to its customers.

Potential clients of Zenfinex Limited should therefore be very cautious when dealing with the firm and seek authentic testimonials and independent reviews before becoming involved in trading with Zenfinex Limited. Additionally, contacting Zenfinex Limited directly to clarify its service offerings and support structures may provide further insights into the firm.

Recent Developments

At this time, there have been no announcements, updates, or other publicly available information on Zenfinex Limited. The absence of information may indicate that the company is currently operating at a consistent level or that it has not engaged in any recent public relations activity. Financial news agencies and the company's official social media accounts may be good sources to monitor for future developments.

Conclusion

Zenfinex Limited is a financial services and trading broker, with little publicly available information. The company's offerings in the marketplace provide some evidence of its commitment to serving traders; however, key details such as its history, licensing/registration status, fees, and customer experience are not available.

Investors looking to trade with Zenfinex Limited should conduct extensive diligence and request to speak with Zenfinex Limited as part of their due diligence, as well as review any and all available third-party reviews and testimonials prior to becoming active in trading with the firm. Transparency and regulation are essential to selecting a broker you can trust; therefore, it is incumbent upon the investor to carefully review Zenfinex Limited's attributes before choosing to become a customer.

 

Website archive
Captured

Website snapshots

8 full-page captures of taurex's own site, archived so what they said can still be read after the pages change.

8 pages
Homepage
Regulation & Licensing
Legal Documents
Who We Are
Account Types
Pricing & Trading Conditions
Deposits & Withdrawals
Contact & Support
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check
Checked

Regulatory Licenses

taurex is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

1 of 2 checked
Licences on record
2
Confirmed on register
1
Tier 1 or 2
1
Offshore
1

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Financial Conduct Authority 816055

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
United Kingdom
Authority strength
Tier 1
Licence type
Market Making(MM)
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30

These are the rules FCA sets for the firms it licenses. They are not a statement about how taurex applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 100. Leverage up to 1:2000.

3 account types
AccountMin DepositLeverageCommission
StandardNot recorded1:20000$
ProVIPUSD 1001:20000$
RAWECNUSD 5001:2000Up to $2.0/side
Account names and conditions as published by taurex, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

5 ways to fund an account. 5 with no deposit fee. 4 credit instantly.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Wire TransferBank TransferMay not be available in all regions; availability may vary.FreeFreeUSD 100USD 50USD 50,0005 days
Credit/Debit Cards (Visa/MasterCard)Credit Card
Credit card withdrawals may not be available for all countries; availability may vary.
FreeFreeUSD 100USD 50USD 50,000Instant
E-Wallets (Skrill, Neteller, Google Pay, Apple Pay)E-Wallet
E-wallet account must be verified to avoid withdrawal restrictions; availability may vary by region.
FreeFreeUSD 100USD 50USD 50,000Instant
Cryptocurrencies (Bitcoin, Ethereum, Tether, etc.)Cryptocurrency
Ensure cryptocurrency wallet compatibility with Taurex supported coins; availability may vary.
FreeFreeUSD 100USD 50USD 50,000Instant
Mobile PaymentsOther
Mobile payment account verification required to avoid withdrawal restrictions; availability may vary.
FreeFreeUSD 100USD 50USD 50,000Instant
Fees, limits and processing times as published by taurex, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 4 and MetaTrader 5.

2 platforms
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • taurex.asiaListed domainActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

3 official channels on record.

3 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the taurex brand.

1 entity
  • TAUREX GLOBAL LIMITEDActiveMaltaRegistration C87992
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about taurex

Most Popular Questions
Yes, Zenfinex Global Limited prohibits clients from the USA, North Korea, Iran, and other sanctioned countries from trading. The UK FCA regulation covers UK, EU, and global clients with some exceptions.
Taurex provides customer support via live chat during business hours, email support at support@tradetaurex.com, and multiple phone numbers for different regions. Support is available in English, and the broker maintains active social media channels for additional contact.
Taurex offers a maximum leverage of up to 1000 according to the Seychelles Financial Services Authority license. However, under the UK FCA regulation, the highest leverage is limited to 30.
The minimum deposit amount to open an account with Zenfinex Global Limited is 100 USD. No additional details about deposit methods or fees are specified in the provided context.
Taurex offers the MetaTrader 4 and MetaTrader 5 trading platforms. Both platforms are available on desktop and support multiple device types, providing advanced charting, automated trading, and multi-asset trading capabilities.
Zenfinex Global Limited is regulated by the UK Financial Conduct Authority (FCA) and the Seychelles Financial Services Authority (FSA). According to WIKILIX, client funds are protected up to £85,000 under the UK FSCS scheme, while the Seychelles license does not provide client fund insurance.
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