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Zenith

No Regulation
United Kingdom
,
Since 2020
Last Updated:
50/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
N/A
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

2 methods

Credit/Debit Card

credit card
days
Fee:
Free
Fee:
Free

Bank Wire Transfer

wire transfer
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Zenith Wealthex Global Limited
Founded:2020
Headquarters:United Kingdom
Enterprise Offices:2offices

Customer Support

Phone:
Live Chat:
Not Available
Response Time:
Languages:
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Is Zenith a scam?

Wikilix independent safety report

Read the full report
0%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5

Zenith Wealthex shows the hallmarks of a scam, and we assess the risk of fraud as high: it advertised a United States NFA licence that does not exist and dressed up a Canadian anti-money-laundering r…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation9/10 · CriticalIdentity & transparency7/10 · HighWithdrawals & conduct6/10 · HighReputation7/10 · HighWebsite claims9/10 · CriticalOperational history6/10 · High
Editorial review
Updated

Broker Summary

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

Zenith Broker Overview

Zenith was a retail forex brand operating under the name Zenith Wealthex Global Limited, offering floating spreads on MetaTrader 5 and marketing itself largely to Chinese speaking clients. The brand is no longer trading. Its website at zenithwealthex.com no longer resolves, and both companies registered under the Zenith Wealthex Global Limited name have been removed from their registers.

Zenith Regulation and License

No financial regulator in any jurisdiction has been found to authorise Zenith or Zenith Wealthex Global Limited, and the brand published no licence number, no regulator name and no register reference. This is the position of no confirmed regulation rather than claimed regulation, because there was never even an unverified licence claim to test.

The two corporate registrations that do exist are company registrations, not financial licences. A company number permits a company to exist. It grants no permission to hold client money, accept deposits or deal in investments, and it brings no compensation scheme with it.

Is Zenith Regulated?

No. Zenith holds no financial services licence anywhere, and none was ever claimed on its own material. The United Kingdom company behind the brand recorded its business as financial services holding, venture and development capital, administration of financial markets and financial management, none of which is a permission to deal in investments with retail clients.

Zenith Wealthex Global Limited

Two separate companies carried this exact name, and both are now dissolved.

  • United Kingdom: company number 12522271, incorporated on 17 March 2020 at 50 Grosvenor Hill Mayfair, London W1K 3QT, and dissolved on 23 August 2022 by compulsory strike-off. The only accounts it ever filed were dormant accounts made up to 31 March 2021, meaning it reported no significant accounting transactions during the period in which the brand was taking client money.
  • Canada: federal corporation number 1204296-7, incorporated on 5 May 2020 at 4300 Steeles Avenue East, Markham, Ontario, and dissolved for non-compliance on 17 November 2023.

The sole United Kingdom director is recorded as a Chinese national resident in Japan, and the registered office is a shared serviced address used by more than thirty other companies. A Chinese company name has also been associated with the brand, and it matches neither registration, so the corporate identity behind Zenith was never consistent.

Is Zenith Safe?

No. There is nothing left to trade with and no live company to pursue. The site is offline, both operating companies are dissolved, and because no regulator ever supervised the business there is no authorised firm, no ombudsman and no compensation scheme available to a client holding a balance. The United Kingdom company was removed by compulsory strike-off rather than wound up in an orderly way, which is not how a solvent firm closes a client facing business.

Zenith Spreads, Commissions and Fees

Zenith advertised floating spreads on EUR/USD of roughly 0.2 to 0.5 pips and a minimum first deposit of 100 USD. No commission schedule, swap table, inactivity fee or withdrawal fee was published. These are legacy marketing figures and cannot be checked against the broker, because the site that carried them is gone.

Zenith Trading Platforms

MetaTrader 5 was the only platform associated with Zenith. No server names, download links or platform specific account terms remain available, and the terminal cannot now be obtained through this brand.

Zenith Deposits and Withdrawals

Card payments and bank wire transfers were the recorded funding routes, with a stated minimum withdrawal of 50 USD. No processing times, fees or per channel limits were disclosed. Withdrawal is also where the operation drew its complaints, the recurring pattern being clients who were able to deposit and then unable to get money back out.

Zenith Support

The only contact route on record is the email address zenithservice@zenithwealthex.com. No telephone number, office address, live chat or complaints channel was published, and the address sits on a domain that no longer resolves.

Zenith Pros and Cons

Strengths:

  • The corporate trail is documented rather than hidden: two named companies appear on public registers with dates, addresses and a named director.

Limitations:

  • No financial licence in any jurisdiction, and none ever claimed.
  • Both operating companies dissolved, the United Kingdom one by compulsory strike-off.
  • The trading website no longer resolves.
  • Dormant accounts filed for the period in which clients were depositing.
  • A record of clients reporting that withdrawals went unpaid.
  • Email was the only published contact route.

Zenith Review and Assessment

Zenith is a closed operation rather than a broker that can be compared with others. It took retail deposits on MetaTrader 5 without any financial authorisation, through two identically named companies that have since been struck off, and its website no longer resolves. The point that matters most for anyone still holding a balance or a login is that there is no authorised firm, no live company and no regulator standing behind the account.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for Zenith. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Zenith. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Deposits & withdrawals

Funding Methods

2 ways to fund an account.

2 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Credit/Debit CardCredit Card
Card payments are recorded as an accepted channel for this operation. No processing time, deposit or withdrawal fee, and no per-transaction minimum or maximum was ever published for it, so every one of those fields is left unset rather than estimated; the processing-time bucket is a required field and is not a disclosed service level. A minimum withdrawal of 50 USD was stated for the account as a whole rather than for this channel. The claim could not be checked against the broker itself, whose website no longer resolves.
Not recordedNot recordedNot recordedNot recordedNot recordedday
Bank Wire TransferWire Transfer
Wire transfer is recorded as an accepted channel for this operation. No processing time, deposit or withdrawal fee, and no per-transaction minimum or maximum was ever published for it, so every one of those fields is left unset rather than estimated; the processing-time bucket is a required field and is not a disclosed service level. A minimum withdrawal of 50 USD was stated for the account as a whole rather than for this channel. The claim could not be checked against the broker itself, whose website no longer resolves.
Not recordedNot recordedNot recordedNot recordedNot recordedday
Fees, limits and processing times as published by Zenith, recorded by Wikilix.
Legal entities

Corporate Network

2 legal entities behind the Zenith brand.

2 entities
  • ZENITH WEALTHEX GLOBAL LIMITEDdissolvedUnited KingdomRegistration 12522271Established Mar 17, 2020Registered at Companies House on 17 March 2020 and dissolved on 23 August 2022 by compulsory strike-off. The only accounts it ever filed were dormant accounts made up to 31 March 2021, and none of its recorded SIC codes covers dealing in investments.
  • ZENITH WEALTHEX GLOBAL LIMITEDdissolvedCanadaRegistration 1204296-7Established May 5, 2020A separate Canadian federal corporation carrying the identical name, incorporated 5 May 2020 and dissolved for non-compliance under section 212 of the Canada Business Corporations Act on 17 November 2023.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is Zenith Wealthex Global Limited. Registered in United Kingdom. Registration number 12522271.

Verified on registry
Legal entity
Zenith Wealthex Global Limited
Registration number
12522271
Jurisdiction
United Kingdom
Incorporated
Mar 17, 2020
Registry
UK Companies House
Registered address
50 Grosvenor Hill, Mayfair, London, W1K 3QT, United Kingdom

Comments

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