Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
9/10 · CriticalNo valid trading licence anywhere; the claimed NFA ID 0530061 does not exist on the NFA register and no firm named Zenith Wealthex is registered with the NFA or CFTC.
Identity & transparency
7/10 · HighReal UK and Canadian companies were named, but the operation used virtual-office addresses, hid direct contact details and projected a fabricated US regulatory identity; both companies are now dissolved.
Withdrawals & conduct
6/10 · HighUsers report blocked withdrawals, including being told to hold at least 1 BTC before withdrawing, a fund-integrity theme; the operation is now defunct and the pattern lacks full transactional detail.
Reputation
7/10 · HighIndependent forex review sites judged it unregulated and probably a scam; there is no credible positive user base and the brand is now abandoned.
Website claims
9/10 · CriticalIt advertised NFA (US) regulation it never held and presented a Canadian anti-money-laundering registration as a trading licence, both outright false regulatory claims.
Operational history
6/10 · HighActive from around 2020 but now fully defunct: the UK company dissolved in 2022, the Canadian company in 2023, the MSB registration ceased in 2023 and the domain has lapsed.
Who they are
A quick desk file on the company behind the brand.
- Brand: Zenith (Zenith Wealthex)
- Legal entity: Zenith Wealthex Global Limited, a UK company (12522271, dissolved 23 August 2022) and a same-named Canadian federal company (1204296-7, incorporated May 2020)
- Registered: 50 Grosvenor Hill, Mayfair, London W1K 3QT (UK); 4300 Steeles Avenue, Markham, Ontario (Canada)
- Website: zenithwealthex.com (no longer resolves)
- Only registration: Canadian FINTRAC money-services-business registration M20768391 for virtual currency, ceased 31 May 2023
- Offers: retail forex and virtual-currency trading; the site was published in English and Chinese
- Not accepted: no valid forex or CFD trading licence in any jurisdiction
- Age: active from around 2020; now defunct
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
National Futures Association (NFA)
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Why we reached this verdict
How the evidence adds up.
We reached a likely-scam verdict because the operation built a false picture of being regulated while it took client money, and it has since disappeared.
- The NFA claim is false. The National Futures Association's own BASIC register shows no firm with ID 0530061 and no firm named Zenith Wealthex; the operation is not, and never has been, registered with the NFA or CFTC.
- The FINTRAC claim is misleading. FINTRAC fights money laundering, and a money-services-business registration is not permission to run a brokerage. That registration (M20768391) also ceased on 31 May 2023.
- No valid forex trading licence exists for this operation in any jurisdiction.
- The corporate shells are dead: the UK company was dissolved in 2022 and the Canadian company in 2023.
- The site is gone: zenithwealthex.com no longer resolves and the domain has lapsed.
- Independent forex review sites judged it unregulated and probably a scam, and users reported blocked withdrawals.
Note on operating history: the 6.5-year track record rests on company incorporation alone. No domain registration date could be established, so this is an upper bound rather than a confirmed age.
Evidence ledger
Every finding, with its source and how strongly it points.
E1Zenith Wealthex Global Limited (UK company 12522271) was incorporated on 17 March 2020 and dissolved on 23 August 2022; it used a Mayfair virtual-office address and its last accounts covered 31 March 2021.
StrongUK Companies HouseE2The NFA BASIC register returns no results for the claimed NFA ID 0530061 and none for the firm name Zenith Wealthex; the operation is not, and never has been, registered with the NFA or CFTC, so its claim of US regulation is false.
StrongNFA BASICE3The FINTRAC money-services-business registry lists Zenith Wealthex Global Limited (M20768391) as a virtual-currency business that ceased on 31 May 2023; this is an anti-money-laundering registration, not a forex or securities trading licence.
StrongFINTRAC MSB RegistryE4A DNS lookup for zenithwealthex.com returns NXDOMAIN (status 3), meaning the .com registration has lapsed, the domain no longer exists and the site is offline.
ModerateGoogle Public DNSE5The Wayback Machine holds only three captures of zenithwealthex.com, all between August 2023 and April 2024, and each shows a parked lander page rather than a live brokerage.
ModerateWayback MachineE6No regulator warning names zenithwealthex.com or Zenith Wealthex Global; the FCA 'Zenith Trade' and 'Zenith Global Venture' warnings concern different, unconnected websites (zenithtrade.finance and zenithglobalventure.com).
WeakFCA Warning ListE7Independent forex review sites reviewed zenithwealthex.com and concluded it was unregulated and probably a scam, flagging its US and Canadian regulation claims as false or misleading, and users reported being unable to withdraw funds.
Moderateforexbrokerz.com
The other side
The strongest case in this broker’s favour.
In fairness, here is the strongest case in the broker's favour.
- The companies were genuinely registered: a real UK company and a real Canadian company both existed and were named openly.
- The Canadian FINTRAC virtual-currency registration (M20768391) was real while it lasted, so not every credential was invented.
- The operation is now defunct, so it is not taking new deposits today.
- No regulator warning names this exact website, and the 'Zenith' warnings published by the FCA relate to different, unconnected sites.
- The name Zenith is shared by many unrelated firms, so some negative search results belong to other companies.
What would change this
What we would need to see to revise the verdict.
Our view would move if the facts below turned out differently.
- If the NFA register showed a genuine, active registration for this entity under ID 0530061, the central false-claim finding would fall away.
- If the record showed the FINTRAC registration was presented honestly as an anti-money-laundering registration only, that would soften the misrepresentation finding.
- Evidence that the operation returned client funds in full before closing would lower our fraud-risk assessment.
- Proof that the brand simply moved to a new, properly licensed entity, with the same owners and clear continuity, would change the picture.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
UK Companies House: Zenith Wealthex Global Limited (12522271)
Shows the UK company and that it was dissolved in August 2022
FINTRAC Money Services Business Registry
Search Zenith to see the ceased virtual-currency MSB registration M20768391
NFA BASIC register
Search the firm name or ID 0530061 to confirm there is no NFA registration
Frequently asked questions
Quick answers about this broker’s safety.
Is Zenith Wealthex a scam?
We assess it as a likely scam. It advertised a US NFA licence that does not exist and presented a Canadian anti-money-laundering registration as if it were trading regulation. It never held a valid forex licence and is now defunct.
Is Zenith Wealthex a fraud?
We did not find a court or regulator that has ruled on it, so we do not state fraud as a fact. Based on the false regulatory claims and reports of blocked withdrawals, we assess the risk of fraud as high.
Is Zenith Wealthex regulated?
No. The National Futures Association register shows no firm with the claimed ID 0530061 and no firm named Zenith Wealthex. Its only real registration was a Canadian money-services registration for virtual currency, which is not a trading licence and ceased in May 2023.
Can I still use zenithwealthex.com?
No. The website no longer resolves and the domain registration has lapsed. The operation appears to have shut down.
Can I get my money back from Zenith Wealthex?
It is difficult once an operation is defunct. Contact your bank or card provider about a chargeback, gather your records, and report the loss to your national financial regulator and the police.
Is my money safe with Zenith Wealthex?
No. There is no valid licence and no investor-protection scheme behind it, and users reported being unable to withdraw funds.
What is FINTRAC, and does its registration make Zenith Wealthex safe?
FINTRAC is Canada's anti-money-laundering agency. A money-services-business registration is an anti-laundering registration, not permission to run a brokerage, so it does not make a broker safe. The registration also ceased in 2023.
Does Zenith Wealthex have an NFA licence?
No. The claimed NFA ID 0530061 returns no results on the NFA's own BASIC register, and the firm is not, and never has been, registered with the NFA or the CFTC.
Who is behind Zenith Wealthex?
The brand used a UK company (Zenith Wealthex Global Limited, 12522271, dissolved 2022) and a same-named Canadian company (dissolved 2023). Both used virtual-office addresses and both are now gone.
Is Zenith Wealthex a clone of another broker?
We found no evidence it copied a specific regulated firm. It used its own company names and a fabricated NFA number rather than impersonating another licensed brand.
The FCA lists warnings for 'Zenith Trade' and 'Zenith Global Venture'. Are those this broker?
No. Those warnings name different websites (zenithtrade.finance and zenithglobalventure.com) that are not connected to zenithwealthex.com. The name Zenith is shared by many unrelated firms.
What should I check before depositing with any broker?
Confirm the licence number on the regulator's own register, check that the licence covers forex or CFD dealing rather than just anti-money-laundering or company registration, read independent reviews for withdrawal complaints, and make sure the company is active and not dissolved.
Scan history
How this broker’s safety assessment has changed across scans.
What changed since September 22, 2026
- September 22, 2026CurrentLikely scam75% risk
- September 22, 2026Likely scam81% risk
Past scans are archived snapshots kept for transparency and are not indexed by search engines.
What we recommend
The practical takeaway from everything above.
For readers, and for our own records:
- Do not send money to Zenith Wealthex or to any site reviving the brand; treat any contact using this name as high risk.
- Anyone who deposited should ask their bank or card provider about a chargeback, keep all records, and report the loss to their national financial regulator and the police.
- Watch for recovery scams: people who lost money to defunct brokers are often approached again by fake fund-recovery services that demand an upfront fee.
- We recommend recording this broker as a scam and keeping the report public as a warning.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 22, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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