Is ZFX Trade a scam?
Wikilix independent safety report
Yes. ZFX Trade (zfxtrade.com) is not a legitimate broker. It is an unauthorised website that trades on the name of the regulated ZFX brand, and the Seychelles financial regulator has publicly named t…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about ZFX Trade: its history, the licences it holds, its trading conditions and its fees.
ZFX Trade Broker Overview
ZFX Trade is the trading brand operated at . The only operating name the site publishes is ZFX Global Holdings, which appears in the footer without a jurisdiction, a registration number or a registered address. The site names no regulator, no licence number and no office location, and it publishes no account types, spreads, leverage, trading platforms or funding methods. Its page titles and metadata describe an algorithmic trading platform, but no page sets out an actual trading service, and the client portal that previously served account opening at member.zfxtrade.com no longer resolves.
ZFX Trade Regulation and License
No confirmed regulation was found. The website names no financial regulator and quotes no licence number on any of its pages, including its terms and privacy pages. Its regulatory language goes no further than generic phrasing such as compliance with cross-border regulatory frameworks and a self-awarded governance rating, neither of which identifies a supervising authority.
The brand at this domain has also been presented under the Zenfinex name, and a Seychelles Financial Services Authority licence numbered SD092 has been associated with that identity. That licence does not belong to the operator of this website. The Global LEI Index records Seychelles company 8428731-1 as Taurex Global Limited, previously named Zenfinex Global Limited, an active company registered with the Seychelles Business Registry at Chang-Sam Suite 3, Office 4, Third Floor, KB Emporium, Mahe, and that company runs its own separate websites. The Seychelles Financial Services Authority has published a notice stating that zfxtrade.com does not relate to any entity it licenses or regulates in any capacity, and the Financial Conduct Authority has listed the Zenfinex name used with this website as a clone of an authorised firm.
Is ZFX Trade Regulated?
No. There is no confirmed financial regulation for the operator of zfxtrade.com in any jurisdiction. The site claims no licence of its own, and the single licence historically attached to this brand is registered to a different company. A client of this website would have no regulator to complain to and no compensation scheme to fall back on.
ZFX Global Holdings
ZFX Global Holdings is the name in the site footer and the only corporate identity the website offers. No company of that name appears on the UK register at Companies House or on the Global LEI Index, and the site gives no jurisdiction or company number that would allow it to be traced elsewhere. There is therefore no identified legal entity behind the website and no company a client could pursue.
Is ZFX Trade Safe?
Nothing found in this research supports treating the website as safe, and two national financial authorities have published warnings naming it. There is no identified operating company, no office address and no telephone contact, and the only published contact route is a single email address. Money sent to an operator in this position sits outside any supervisory or compensation framework.
ZFX Trade Support
The only contact channel published is the email address support@zfxtrade.com, which appears in the site metadata rather than on a contact page. The contact page itself carries headings for partnerships, media and general enquiries but no email address, no telephone number, no postal address and no working form. There is no live chat and no support portal.
ZFX Trade Pros and Cons
No verified strength was established for this operator. The limitations are as follows.
- No regulator is named and no licence is claimed anywhere on the site.
- The one licence associated with the brand is registered to a different company.
- The operating company named in the footer could not be found on any registry searched.
- Two national financial authorities have published warnings naming this website.
- No trading conditions, account types, platforms or funding methods are published.
- The account-opening portal no longer resolves, so there is no working route to a funded account.
ZFX Trade Review and Assessment
ZFX Trade presents itself as a trading platform while publishing none of the information a trading service requires: no regulator, no licence, no traceable company, no account terms and no funding arrangements. The Seychelles licence that has been linked to the brand belongs to Taurex Global Limited, a separate company, and the Seychelles authority has stated publicly that this website is unconnected to any firm it licenses. The most important consideration before any contact with this website is that there is no identified company behind it and no supervisory authority with jurisdiction over it, which means there is no route to recover money once it has been sent.
Website snapshots
3 full-page captures of ZFX Trade's own site, archived so what they said can still be read after the pages change.
Regulatory Licenses
We have not confirmed any regulation for ZFX Trade. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for ZFX Trade. 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.
Country availability
Where ZFX Trade says it will and won't take clients
No country restrictions on record. We looked and found nothing published — which is not the same as being open to everyone. Check ZFX Trade's terms.
How we know — 7 sources
- 1No country restriction of any kind is published on the website. The terms page at https://zfxtrade.com/terms was read in full and contains no eligibility, capacity or prohibited-jurisdiction clause; its only regulatory sentence is the generic line 'Compliance with cross-border regulatory frameworks'.
- 2No dedicated countries page exists. https://zfxtrade.com/restricted-countries, /prohibited-countries, /accepted-countries and /where-we-operate all return the homepage rather than a restriction list, and the help section at https://zfxtrade.com/faq carries four general questions with no mention of eligibility by country.
- 3No onboarding country list could be read because the site publishes no registration form. There is no signup or open-account page on the domain, and the client portal host member.zfxtrade.com no longer resolves, so the list that would actually enforce onboarding does not exist to be read.
- 4No AML or KYC policy, deposit and withdrawal page, or partner and introducing-broker terms are published; /aml, /aml-policy, /kyc, /withdrawal, /funding, /payment-methods and /partners all return the homepage.
- 5Regulator filings were not used as a source for this section. They state permitted rather than blocked jurisdictions and cannot establish an onboarding policy.
- 6The footer carries no risk disclaimer and names no jurisdiction it is not directed at. The site publishes 21 language variants, including https://zfxtrade.com/de, /fr, /es, /zh and /ja, which indicates broad marketing reach but is not a statement of accepted countries.
- 7Conclusion: every list is empty because the operator publishes no country policy at all, not because it was found to accept every country. Absence of a published block is not acceptance.
Corporate Network
One legal entity behind the ZFX Trade brand.
Company Registration
ZFX Trade names ZFX Global Holdings as the operating company. We could not confirm that registration on the registry.
- Legal entity
- ZFX Global Holdings
Frequently Asked Questions
Common questions about ZFX Trade
Contact your bank or card issuer immediately and ask about a chargeback or payment recall, and report the matter to the financial regulator and the police or fraud-reporting body in your own country.
Preserve everything you have, including transaction records, account statements, messages and the names used by anyone who contacted you. Treat any follow-up offer to recover your funds for an upfront fee as a second fraud.
No such reviews are published. The site's structured data declares an aggregate rating of 4.82 from 4,528 reviews, but no review, testimonial or rating appears anywhere on the website.
Ratings embedded in page code without any visible source behind them are a claim about the site made by the site, not independent feedback.
The only contact route published is the email address support@zfxtrade.com, and it appears in the site metadata rather than on the contact page itself.
The contact page carries headings for partnerships, media and general enquiries but no email address, no telephone number, no postal address and no working form. There is no live chat and no support portal.
The site publishes no country policy at all, so no list of accepted or restricted countries exists to report.
There is also no registration form anywhere on the domain, which means there is no onboarding country selector that would show which residents could actually open an account. The absence of a published restriction is not the same as acceptance.
No leverage figure is published on the website. The site states no maximum leverage, no margin requirement and no stop-out level.
The question cannot be answered, because there is no functioning withdrawal route to measure. No withdrawal terms, processing times or limits are published anywhere on the site.
With no identified company and no supervising regulator, there would also be nobody to escalate a withheld withdrawal to.
There is no published method for either. The site lists no payment cards, bank transfers, e-wallets or crypto channels, and publishes no fees, limits or processing times.
The client portal that previously handled account opening at member.zfxtrade.com no longer resolves, so there is no working route to fund an account.
None are published. The site names no trading platform at all, and offers no MetaTrader, cTrader or proprietary software download.
Its pages describe an algorithmic trading platform in the page titles and metadata, but no page sets out any actual software, server or trading functionality.
The site does not publish one. There is no accounts page, no pricing page and no deposit page on the domain, so no minimum deposit figure is disclosed anywhere.
A trading service that does not state what it costs to open an account is not in a position to be compared with brokers that do.
No. The Zenfinex name has been used with this website, but the genuine business is not connected to it.
The Global LEI Index records Seychelles company 8428731-1 as Taurex Global Limited, previously named Zenfinex Global Limited, an active company that operates its own separate websites. The Financial Conduct Authority has described the use of the Zenfinex name with zfxtrade.com as a clone of an authorised firm.
No. They are unrelated. Zeal Capital Market trades under the ZFX brand at its own separate website and is a different business from the operator of zfxtrade.com.
The similarity of the names is a reason to check the exact web address before depositing anywhere, not evidence of any connection.
No identifiable owner or operating company could be established. The site footer names ZFX Global Holdings, but gives no jurisdiction, no registration number and no registered address.
No company of that name appears on the UK register at Companies House or on the Global LEI Index, so there is no legal entity a client could identify or pursue.
The evidence supports treating it as one. Two national financial authorities have published warnings naming this exact website, and the licence its brand trades on belongs to a different company.
The Financial Conduct Authority has listed the Zenfinex name used with this website as a clone of a firm it authorises, meaning the operation has presented another company's regulated identity as its own.
No. The operator of zfxtrade.com holds no confirmed financial licence in any jurisdiction, and the site itself names no regulator and quotes no licence number on any page.
The Seychelles licence SD092 that has been associated with this brand is registered to Taurex Global Limited, a separate company. The Seychelles Financial Services Authority has published a notice stating that this website does not relate to any entity it licenses or regulates in any capacity.
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