Overall Score35 / 100The Wikilix trust rating of ZarVista, out of 100, built from the five factors below.Our investigation found it is likely a scam, and it holds a valid FSC C204242 licence and 1 more.Regulation48%Identity72%Client terms19%Trading offer74%Service29%Score last calculated 2026/10/25
Do not trustBelow 35, or a stop sign applied: a confirmed or likely scam, or a copied identity. Keep your money away.Why: Our investigation found it is likely a scam, and it holds a valid FSC C204242 licence and 1 more.
35 out of 100 · 89% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
Our investigation found it is likely a scam, and it holds a valid FSC C204242 licence and 1 more.
Capped at 35 · Likely scam
We checked ZarVista on 2026-10-25 across its regulation, company record, client terms, trading offer and service, and could verify 89% of its record. Its strongest valid licence is FSC C204242, with 1 more valid. The score was held at 35 because our investigation found it is likely a scam. What would move the score: licence held by the onboarding entity, all-in eurusd cost, instrument breadth. Our published investigation found it is likely a scam, with 3.5 years of track record. Its client terms carry high risk, with 8 critical clauses.
Score last calculated 2026/10/25
Regulation
Is someone watching them?
48out of 100
Poor
Counts for 35% of the score93% checked
What we checked
Best licence in force45
MISA T2023280 in force with a caveat · Oct 11, 2026
Whether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
Identity
Who is behind it, and for how long?
72out of 100
Good
Counts for 15% of the score100% checked
What we checked
Registry-verified entity100
Company registration verified on the registry · Oct 11, 2026Source
Verified age65
Verified track record 3.5 years · Oct 11, 2026
Transparency30
Scam check identity transparency 7/10 · Oct 11, 2026
Site integrity100
Website reachable and not redirecting · Oct 11, 2026Source
What this measures
Who is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
Client terms
Are the client terms fair?
19out of 100
Poor
Counts for 15% of the score100% checked
What we checked
Policy risk15
Policy risk score 8.5/10 · Oct 11, 2026
Critical clauses0
8 critical clause(s) · Oct 11, 2026
Withdrawal rails50
4 rail(s): 0 fee-free of 2 known, 3 instant of 4 known, minimum $20 · Oct 11, 2026Source
Language parity10
13 contradiction(s) between language versions · Oct 11, 2026
What this measures
How fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
Trading offer
What does trading cost, and is it disclosed?
74out of 100
Good
Counts for 20% of the score65% checked
What we checked
All-in EURUSD costNot checked yet
No EURUSD spread known
Pricing disclosed per account type100
12 of 12 pricing cells filled across 4 account type(s) · Oct 11, 2026Source
Instrument breadth83
forex 50, crypto 20, cfd/indices/commodities/stocks ? · Oct 11, 2026Source
Platforms95
1 platform(s) (MetaTrader 5), web, mobile · Oct 11, 2026Source
What trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
Service
How do they treat clients?
29out of 100
Poor
Counts for 15% of the score90% checked
What we checked
Fund-integrity complaints20
Scam check withdrawal complaints 8/10 · Oct 11, 2026
Support channels33
2 of 6 support checks (phone, email, 24/7 chat, 2+ languages, messenger, complaints email) · Oct 11, 2026
Reputation footprint30
Scam check reputation 7/10 · Oct 11, 2026
WIKILIX communityNot checked yet
0 approved review(s), fewer than 10
What this measures
How clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
73%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
Likely scamOur overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: MEDIUMHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
2.0/5Safety rating 2 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.
We would not deposit with ZarVista (zarvistacm.com), and we assess the risk of losing your money there as high. The group does hold one real licence, but it does not cover the company that takes your…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Identity & transparency7/10 · HighHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Withdrawals & conduct8/10 · CriticalCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 8/10 (Critical).Reputation7/10 · HighWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Website claims8/10 · CriticalWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 8/10 (Critical).Operational history6/10 · HighHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 6/10 (High).
What ZarVista legally published, but does not want you to read
Wikilix contract reading ·
High contract risk
ZarVista can keep every dollar in your account if it decides you used its service in bad faith. You get five working days to complain, and no right to dispute ZarVista's own records. A dormant account loses $15 a month until the balance reaches zero. The site promises segregated client funds; the contract allows an omnibus account instead.
8Critical clausesClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
33Clauses flaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
7Documents readHow many of the broker’s own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
8.5/10Contract riskHow far this contract goes overall, from 0 to 10. 3 to 5 means real costs a client should know about; 6 to 8 means several clauses put money already earned at risk.
What Wikilix has recorded about ZarVista: its history, the licences it holds, its trading conditions and its fees.
ZarVista Broker Overview
ZarVista is the trading brand of Zarvista Capital Markets Ltd, a broker registered in the Union of the Comoros and operating since 2019. It offers forex and CFD trading on MetaTrader 5, with around 50 currency pairs and some 20 cryptocurrency instruments, four account tiers opening from 50 USD, and leverage of up to 1:500. ZarVista is an offshore broker whose only regulatory claim is an offshore one, and that is the first thing a prospective client should weigh.
ZarVista Regulation and License
The operating entity on record is Zarvista Capital Markets Ltd, registered in the Comoros. The broker's own website states that it holds licence number T2023293 from the Moroni International Services Authority (MISA), the Comoros authority, described as a retail forex licence.
That licence is a claim rather than a confirmed fact. It has not been matched against the authority's own register, and MISA operates no public licence lookup through which a client could check it independently. This review made no judgement about ZarVista's licences, and the regulatory record on this page stands as the broker presents it pending a separate licence check. MISA is a low tier offshore authority with no client fund compensation scheme and no formal complaints mechanism, so a licence from it carries materially less protection than one issued by an onshore regulator.
Is ZarVista Regulated?
Not in any onshore jurisdiction. ZarVista's single regulatory claim is an offshore Comoros licence that has not been confirmed on the issuing authority's register, so the protections a client would expect from an onshore licence are not established here. A reader should treat the broker's regulatory standing as claimed rather than verified.
Zarvista Capital Markets Ltd
Three companies sit behind the ZarVista brand. Zarvista Capital Markets Ltd is the Comoros entity named as the operator and the holder of the licence claim. Zarvista Capital Markets (MU) Ltd, registration number C204242, is a Mauritius company. Zarvista Services Ltd, registration number HE 445683, is registered in Cyprus. The broker publishes a correspondence address at a corporate services provider in Fomboni, Comoros, and an office address in Ebene, Mauritius.
None of these registrations has been verified against the corresponding corporate registry, and a company registration is not financial regulation in any case. Anyone opening an account should establish which of the three companies would hold the funds and under which jurisdiction's law a dispute would be heard.
Is ZarVista Safe?
The information on record does not support a positive safety conclusion. The single licence claim is offshore and unconfirmed, no client fund compensation scheme stands behind it, and no segregated funds or investor protection arrangement is documented.
One concrete problem is visible on the broker's own site. The LOGIN, Start Trading and Open Live Account links all point to the host my.zarvistacapitalmarkets.com, whose domain registration has expired. That address now returns a domain registrar's holding page rather than a client area, so the account opening and client login routes advertised on the public site do not currently reach a trading portal. The marketing site at itself remains online.
ZarVista Account Types
Four accounts are offered, all on MetaTrader 5, all at leverage of up to 1:500 and all advertised without per lot commission:
Starter, from 50 USD
Professional, from 250 USD
VIP, from 500 USD
Swap-Free (Islamic), from 50 USD, with no overnight swap charges
The entry threshold is low, and the practical difference between the tiers is the deposit required rather than the leverage or the commission model. No representative spread is published for the individual tiers, so the cost difference between them cannot be stated.
ZarVista Spreads, Commissions and Fees
Spreads are variable and the broker states that no commission is charged on any of its account types. No average or typical spread figure is published, which makes the real cost of trading difficult to compare against other brokers.
On funding, card and bank transfer deposits carry a 1.5 per cent fee, and withdrawals through those two channels carry a flat 2 USD fee. No fee schedule is published for cryptocurrency or e-wallet transfers.
ZarVista Leverage
Up to 1:500, and the same cap applies to every account tier including the swap-free account. Leverage at that level magnifies losses as much as gains and sits well above the limits onshore regulators permit for retail clients.
ZarVista Trading Platforms
MetaTrader 5 is the only platform ZarVista offers. It is available as a desktop build for Windows and Mac, through the browser, and on iOS and Android, and the broker supplies its own MT5 server and installer. Expert Advisor support is included, so automated strategies can be run on the account.
ZarVista Deposits and Withdrawals
Four funding channels are offered: Visa and Mastercard cards, bank transfer, cryptocurrency and e-wallets. Card and crypto transfers are credited instantly, while bank transfers take one to three business days. The minimum card deposit is 50 USD, bank transfer carries no stated minimum, and the minimum withdrawal by card or bank is 20 USD.
There are two limitations. The broker names Bitcoin, Ethereum and USDT for crypto funding but does not name the individual e-wallet providers it supports, and it publishes no fees or limits for either of those channels. Card payments are also unavailable for cards issued in a long list of countries, among them Russia, Ukraine, Iran, Syria and North Korea.
ZarVista Support
Support is reachable by email at support@zarvistacm.com, by telephone on +357 25770075, and through live chat during business hours, with the desk open Monday to Friday around the clock. English is the only language supported. The telephone number is a Cyprus line, while the operating entity and its licence claim are based in the Comoros.
ZarVista Pros and Cons
Strengths:
A low entry threshold, with a live account from 50 USD and a swap-free option at the same minimum
No per lot commission on any tier
MetaTrader 5 across desktop, web and mobile, on the broker's own server and with Expert Advisor support
Limitations:
A single offshore licence claim, unconfirmed on the issuing authority's register, with no compensation scheme behind it
The client login and account opening links on the broker's own site lead to a host whose domain registration has expired
No published spread figures, and no fees or limits published for crypto and e-wallet funding
A 1.5 per cent deposit fee on card and bank transfers
English only support, and a contact telephone number in a different jurisdiction from the operating entity
ZarVista Review and Assessment
ZarVista presents a conventional low minimum MetaTrader 5 offering: four tiers from 50 USD, leverage to 1:500, no commission and a swap-free account. What a prospective client is asked to accept in exchange is an offshore structure whose single licence claim has not been confirmed on the issuing register, spread across Comoros, Mauritius and Cyprus companies none of which has been verified against a corporate registry.
The most immediate practical consideration is that the account opening and client login routes advertised on ZarVista's own website currently resolve to an expired domain rather than a working client portal. Anyone considering funding an account should establish first which company would hold the money, through which portal the account is actually opened, and how a withdrawal would be requested. Residents of the United States, Canada, Japan, Hong Kong, Belgium, France and Mauritius are not accepted.
Website archive
Captured
Website snapshots
One full-page capture of ZarVista's own site, archived so what it said can still be read after the page changes.
No tier-1 or tier-2 licence is in force. The regulation ZarVista holds is lighter, and each licence's record says what its regulator requires.
2 of 2 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
2
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
2
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
0
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
1
WIKILIX
Licence intelligence
The strongest of 2 licences on file
Licence Verification Record
The Financial Services CommissionC204242
Wikilix read the FSC register on Oct 11, 2026. This is what it said.
Jurisdiction
Mauritius
Authority strength
Tier 3
Register status
Active on the FSC register with no adverse annotation, licensee status shown as COMPANY IS INCORPORATED. Held by Zarvista Capital Markets (MU) Ltd. The register is searched by licensee name a
Effective
Jan 19, 2024
Checked Oct 11, 2026
What our check found
The statutory financial regulator of Mauritius. The entry is a SEC-2.1B Investment Dealer licence, described on the register as Full Service Dealer excluding Underwriting, which does permit dealing in securities and derivatives for clients. Client protection: Moderate. Genuine supervision and conduct rules, but no investor compensation scheme comparable to the UK or EU, and the licence covers the Mauritius company rather than the Comoros entity the website names as owner and operator of zarvistacm.com. Effective: 19 Jan 2024.
Client protection under this licence
Compensation schemeDeposit insurance covers up to MUR 300,000 per depositor
Complaints routeFSC complaints
Maximum leverageVaries by broker
These are the rules FSC sets for the firms it licenses. They are not a statement about how ZarVista 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.
PRPuerto RicoGUGuamVIVirgin Islands (U.S.)ASAmerican SamoaMPNorthern Mariana IslandsGPGuadeloupeMQMartiniqueGFFrench GuianaRERéunionYTMayottePMSaint Pierre and MiquelonBLSaint Barthélemy
Show 4 moreShow fewer
MFSaint Martin (French part)WFWallis and FutunaPFFrench PolynesiaNCNew Caledonia
How we know — 8 sources
1The refused countries come from two of the broker's texts. Its Terms of Business lists the jurisdictions in which the company does not offer its services: "the U.S., Afghanistan, Belarus, Burma, Central African Republic, Congo, Cuba, Iran, and North Korea" (https://zarvistacm.com/Zarvista%20Terms%20of%20Business.pdf). The standing Regional Restrictions line in the site footer adds: "Services are not directed at residents of the USA, Mauritius, Canada, Hong Kong, Japan, Belgium, France" (https://zarvistacm.com/).
2"Congo" is in neither list. The Terms of Business wording does not distinguish the Republic of the Congo from the Democratic Republic of the Congo, so it cannot be resolved to a single country code.
3Four blocks are stated as categories rather than countries, and no country codes are inferred from any of them, because the broker names no members and each category's membership changes over time: "countries in respect of which OFAC administers and enforces economic and trade sanctions" and "jurisdictions in which CFD trading, or any other leverage or margin based financial trading is illegal", both in the Terms of Business; "applicable lists of sanctioned countries published by the United Nations", where the policy states that if a customer is from a country on the list "his or her account will not be opened" (https://zarvistacm.com/Zarvista%20AML%26KYC%20Policy.pdf); and "any jurisdiction where such distribution would be contrary to local law" in the site footer.
4Dependent territories come from the two named countries that have them. The broker itself names neither group of territories. From the United States: Puerto Rico, Guam, the US Virgin Islands, American Samoa and the Northern Mariana Islands. From France: Guadeloupe, Martinique, French Guiana, Reunion, Mayotte, Saint Pierre and Miquelon, Saint Barthelemy, Saint Martin, Wallis and Futuna, French Polynesia and New Caledonia.
5No country is shown as accepted. The site publishes no accepted-countries list, and the onboarding country list that would normally settle the question could not be read: the host behind the site's own LOGIN, "Start Trading" and "Open Live Account" links, my.zarvistacapitalmarkets.com, no longer serves a client portal, and the registration of that domain has lapsed. Absence of a stated block is not acceptance.
6The Terms of Business refers to "other countries as set out in the Company's Website", but the website publishes no such list beyond the footer line recorded above. There is no restricted-countries, prohibited-countries, accepted-countries or where-we-operate page on the site, and the FAQ page (https://zarvistacm.com/trading/tools/faqs/) carries no country policy.
7No regulator filing informed this record. A filing states where a licence permits business, not which countries a firm refuses, so it could not prove a refusal in any case.
8Iran is a confirmed refusal, based on the Terms of Business, which names it among the jurisdictions in which the company does not offer its services. The broker publishes one English site variant only, declares no language alternates, and publishes no Persian-language pages, no Persian partner material and no rial funding route.
Deposits & withdrawals
Funding Methods
4 ways to fund an account. 3 credit instantly. The costliest way in is Visa/Mastercard at 1.5%.
4 methods
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Visa/MastercardCredit CardVisa and Mastercard are not available for cards issued in certain countries including Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Central African Republic, Democratic Republic of the Congo, Ethiopia, Greece, Hong Kong, Iran, Iraq, Lebanon, Libya, Macedonia, Mali, Montenegro, Myanmar, Nicaragua, Romania, Russia, Serbia, Somalia, South Sudan, Sudan, Syria, North Korea, Cuba, Ukraine, Venezuela, Yemen, and Zimbabwe.
1.5%
USD 2
USD 50
USD 20/—Not recorded
Instant
Bank TransferBank TransferProcessing times may vary depending on the bank and transfer type. Available in regions where Zarvista Capital Markets operates.
1.5%
USD 2
—Not recorded
USD 20/—Not recorded
Up to 3 days
CryptocurrencyCryptocurrencyThe coins named by the broker are Bitcoin, Ethereum and USDT, with others indicated but not listed. Crypto withdrawals are described as typically instant. No fee schedule, minimum or maximum amounts are published for this channel.
—Not recorded
—Not recorded
—Not recorded
—Not recorded/—Not recorded
Instant
E-WalletsE-WalletThe broker advertises e-wallet funding as a channel but does not name the individual wallet providers, and publishes no fee schedule and no minimum or maximum amounts for it.
MetaTrader 5 with 21 timeframes, 80+ technical indicators and Expert Advisor support for automated trading, available on Windows, Mac, web, iOS and Android.
No scam determination has been made about ZarVista in this review, and the question is not settled by the information on its own website. What can be said is that its single regulatory claim is offshore and unconfirmed on the issuing authority's register, that the three companies behind the brand have not been verified against any corporate registry, and that the client login and account opening links on its own site lead to a domain whose registration has expired. Those are material risks for anyone considering funding an account, and none of them is evidence of fraud on its own.
By email at support@zarvistacm.com, by telephone on +357 25770075, or through live chat during business hours. The support desk is described as open Monday to Friday around the clock, and English is the only language supported. The telephone number is a Cyprus line, while the operating company and its licence claim are based in the Comoros.
Around 50 currency pairs and roughly 20 cryptocurrency instruments, traded as forex and CFDs on MetaTrader 5. The broker does not publish a full instrument list or a count of its other CFD markets, so the total range is unknown.
Not through the route its website advertises. The LOGIN, Start Trading and Open Live Account links on the broker's own site all point to my.zarvistacapitalmarkets.com, and that domain's registration has expired, so the address now returns a domain registrar's holding page instead of a client area. The marketing site itself remains online, but it offers no working link to a client portal at the time of this review.
Yes. A swap-free account is offered from a 50 USD minimum, with no overnight swap charges, at the same 1:500 leverage cap as the other tiers. It is the same entry minimum as the Starter account.
Three companies appear behind the brand. Zarvista Capital Markets Ltd, registered in the Comoros, is named as the operator and holds the licence claim. Zarvista Capital Markets (MU) Ltd, registration number C204242, is a Mauritius company, and Zarvista Services Ltd, registration number HE 445683, is registered in Cyprus. None of these registrations has been verified against the relevant corporate registry, and a company registration is not financial regulation.
No per lot commission is charged on any of its account types, and spreads are variable. The broker publishes no average or typical spread figure, so the real cost of trading cannot be compared directly against other brokers. Card and bank deposits do carry a 1.5 per cent fee, and withdrawals through those channels a flat 2 USD.
Four: Starter from 50 USD, Professional from 250 USD, VIP from 500 USD, and a swap-free Islamic account from 50 USD. All four run on MetaTrader 5 at leverage of up to 1:500 and are advertised without per lot commission. The broker does not publish a representative spread for the individual tiers, so the deposit required is the main stated difference between them.
Up to 1:500, and the same cap applies to every account tier, including the swap-free account. Leverage at that level is well above what onshore regulators allow retail clients, and it increases losses as much as gains.
Yes, and the list is wider than sanctions alone. The broker's own terms and site footer exclude residents of the United States, Canada, Japan, Hong Kong, Belgium, France and Mauritius, alongside Afghanistan, Belarus, Myanmar, the Central African Republic, Cuba, Iran and North Korea. Dependent territories of the United States and France are treated as excluded with their parent jurisdictions. Separately, card payments are unavailable for cards issued in a longer list of countries, including Russia, Ukraine and Syria.
The minimum deposit is 50 USD, which opens the Starter account and the swap-free account. The Professional tier requires 250 USD and the VIP tier 500 USD. Bank transfer carries no stated minimum, and the broker publishes no minimum for cryptocurrency or e-wallet deposits.
Four channels are offered: Visa and Mastercard cards, bank transfer, cryptocurrency and e-wallets. Card and crypto transfers are credited instantly, while bank transfers take one to three business days. Card and bank deposits carry a 1.5 per cent fee and withdrawals through those two channels a flat 2 USD fee, with a 20 USD minimum withdrawal. The broker names Bitcoin, Ethereum and USDT for crypto but does not name its e-wallet providers, and publishes no fees or limits for either of those channels.
ZarVista supports the MetaTrader 5 platform, which is available on web, iOS, macOS, Android, and Windows. MetaTrader 5 is a multi-asset platform known for advanced analytics and algorithmic trading tools.
ZarVista Capital Markets Ltd states that it holds licence number T2023293 from the Moroni International Services Authority (MISA) in the Comoros, but that claim has not been confirmed on the authority's own register, so it should be read as claimed rather than verified. It operates as an offshore broker, with no client fund compensation scheme and no formal complaints mechanism behind that authority. A further practical concern is that the client login and account opening links on the broker's own website point to a host whose domain registration has expired.
Still Need Help?
Can't find what you're looking for?
Our support team is here to help you get the answers you need.
Comments
Share your thoughts and experiences with ZarVista