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Zenstox

Seychelles|2-5 years|
Regulated in Seychelles|Retail Forex License|Suspicious Scope of Business|Medium potential risk|Offshore Regulated|

https://www.zenstox.com/

Website

Rating Index

Contact

+973 65003849
customer.service@zenstox.com
https://www.zenstox.com/
Room 10, Deenu's Building, Providence, Mahe, Seychelles

Licenses

Licensed Institution:VIE FINANCE SEY LTD

License No.:SD123

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
2024-12-23
  • The Seychelles FSA regulation with license number: SD123 is an offshore regulation. Please be aware of the risk!

Basic information

Registered region
Seychelles
Operating period
2-5 years
Company Name
VIE FINANCE SEY LTD
Abbreviation
Zenstox
Company employee
--
Customer Service Email Address
customer.service@zenstox.com
Contact number
0097365003849
Company website
Company address
Room 10, Deenu's Building, Providence, Mahe, Seychelles
WhatsApp
+97143118110
Keywords 6
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated

Emy6650

United Arab Emirates

THE WORST EVER EXPERIENCE I'VE EVER PASSED BY, CHEATING ME & LET ME REGISTER FOR ADNOC THEN GRADUALLY TOOK ME TO THE GOLD. TRADED 200USD, THEN I DIDN'T MAKE LOSS, REQUESTED WITHDRAWAL, REJECTED SAYING I MUST MAKE MORE TRADES AND THE MONEY I WILL TAKE THEM. YOUSEF REQUESTED ME QUICKLY TO TRADE ON ZINC (6) TRADES. LOST THE MONEY. NO WITHDRAWAL, EVERYTHGING. CHEATERS, !!!! 🌂 STOLEN MY MONEY

Exposure

11-23

FX2190655707

Qatar

Dear sir, I'm writing this message to explain for you my situation with zenstox. I'm rabih Hanna customer invest with zenstox company my account number 11188215 after several deposit in my account amount of 73000$ with my manger account, miss lamia alali and Mr Saleh alsheikh this manager always we provide me a way to deposit money and didn't withdraw till date as my last week account I'm withdraw from my account approve amount 57000$ and after 3 days zenstox rejected my situation very bad financially due to your manager descion without any results I'm from lebanon as I'm also in this time and my country in bad situation, Please management I need from you to help me to withdraw from my account at zenstox company as since around one year my file open without any withdraw Always I'm deposit money in my account as per your manger descion without any result Kindly urge you management to withdraw at list my deposit or equivalent because I'm in bad situation financially

Exposure

10-27

Shimaa Ezzat

United Arab Emirates

I have been trying to withdraw for almost a 2 weeks , they have given me all the excuses in the world I had to make a deposit with all what I got as they promised me that my account is a VIP account and the withdrawal doesn’t take more than a day I am literally broke and begging for my money back as per their app my account has over 30k $ and not even able to get a single dollar out of it they don’t fear God and they uses the name of Allah in their talk only to drag you down I have given them the benefit of doubt and keep saying they might have a shitty company like where I work I wish people make their researches before they invest I have deposited almost 10k$ and once before when I asked for a transfer of 300$ they reversed from my Money please don’t repeat my mistake imagine all of this money and I am unable to submit a withdrawal request as per their account manager he raised the request for me, complete nonsense may Allah help me with all of this loss

Exposure

10-09

FX1391221755

Saudi Arabia

I had a very disappointing experience with Zenstox, which I believe is a scam. Initially, I was attracted to the app for its promises of high returns on investments. I invested a significant amount of money based on their assurances that I would see substantial returns. However, after making several deposits, I found it increasingly difficult to withdraw my funds. Every time I attempted to withdraw, I was met with excuses and delays. Eventually, I realized that they had no intention of returning my money. It feels like they've taken all my funds without any accountability. I strongly advise anyone considering using Zenstox to think twice. My experience has left me feeling cheated and frustrated, and I wouldn't want anyone else to go through what I did.

Exposure

09-24

Hajar Sikkiu

United Arab Emirates

They keep asking you to deposit money and show you how much you earned but you will never be able to withdraw anything… big liars and scammers please don’t waste your money and your time with them. Big flopppp

Exposure

08-07

jianghua

South Africa

I recently had the pleasure of using Zenstox, and I couldn't be happier with my experience. The service was exceptional from start to finish. The team was professional, efficient, and went above and beyond to ensure all my needs were met. Communication was clear and timely, which made the entire process smooth and stress-free. I was particularly impressed with the attention to detail and the high level of customer service.

Positive

06-27

Juno Mrug

South Africa

Zenstox's mobile app is so so smooth! It could beat mt4 or mt5. Great flexibility, I can trade anywhere. I am not talking big, order execution on average within 30 milliseconds, fastest trading software I have used!

Positive

04-19

7
Website
Company Summary
News
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Official website

Website

  • zenstox.com

    Server Location

    United States

    Website Domain Name

    zenstox.com

    Server IP

    13.35.125.81

Company Summary

Zenstox Review Summary
Founded2022
Registered Country/RegionSeychelles
RegulationSeychelles FSA (License No. SD123)
Market InstrumentsForex, Stocks, Indices, Commodities, Cryptocurrencies
Demo Account/
LeverageUp to 1:200
SpreadFixed spreads (example: CFDs on Cryptos - 0.50%)
Trading PlatformZenstox Custom Platform, XCITE Mobile App
Min Deposit$200
Customer SupportEmail: customer.service@zenstox.com
Phone: +97365003849
WhatsApp: +97143118110
Online Chat

Zenstox Information

With more than 300 CFDs among its many other trading instruments, Zenstox offers a variety of trading options. Zenstox has mobile access and user-friendly interfaces for beginners and pros, but its inactivity and CFD expenses are more than average.

Zenstox Information

Pros and Cons

Pros Cons
Regulated by Seychelles FSAHigh inactivity fees
Wide range of instruments (300+ CFDs)Lower leverage for Cryptocurrencies (1:2)
Custom platform and mobile app for flexibilitySwap fees on overnight positions

Is Zenstox Legit?

Zenstox holds a Retail Forex License from the Seychelles Financial Services Authority (FSA) under SD123. Since this legislation is offshore, traders should be cautious and assess the risks.

Is Zenstox Legit?

What Can I Trade on Zenstox?

Zenstox provides CFD trading covering more than three hundred premium symbols. Offering traders a range of investment choices, their portfolio consists in well-known CFDs on Forex, equities, indices, commodities, and cryptocurrencies.

Tradable Instruments Supported
Forex
Stocks
Indices
Commodities
Cryptocurrencies
What Can I Trade on Zenstox?

Account Types

Two major forms of trading accounts are provided by Zenstox, each designed to meet varying trading requirements.

Account Types

Leverage

Based on financial instruments, Zenstox enables flexible leverage. More leverage increases risks and profits. Traders must control risk to avoid large losses.

Instrument TypeMaximum Leverage
CFD on Forex, Gold, Silver, and CL1:200
CFD on Indices and Commodities1:100
CFD on Shares1:10
CFD on Cryptocurrencies1:2
Leverage

Zenstox Fees

Zenstox's trading fees are higher than the industry standard, particularly for inactivity and cryptocurrency CFDs.

Spreads: Fixed spreads ensure transparent pricing, even during volatility.

Rollover Fee (Swap):

CFDs on Forex, Stocks, Indices, and Commodities: 0.02% of overnight exposure

CFDs on Cryptocurrencies: 0.50% due to high volatility

Zenstox Fees

Non-Trading Fees

Non-trading Fees
Deposit FeeFree
Withdrawal FeeNot mentioned
Inactivity Fee$500 per inactive quarter (after 3 months)
Credit-Out RuleActivated after 45 days of inactivity

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
Zenstox Custom PlatformWeb-based, DesktopTraders seeking a simple and intuitive interface
XCITE Mobile AppiOS, AndroidMobile traders who need access to the global markets anytime
Trading Platform

Deposit and Withdrawal

Zenstox accepts deposits and withdrawals with minimal fees for trading accounts denominated in USD.

Deposit Options

Deposit Options Min. DepositFees Processing Time
Bank Transfer$200Free1-3 Business Days
Credit/Debit Card$200FreeInstant

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Bank TransferNot MentionedNot mentioned1-3 Business Days
Withdrawal Options

Keywords

  • 2-5 years
  • Regulated in Seychelles
  • Retail Forex License
  • Suspicious Scope of Business
  • Medium potential risk
  • Offshore Regulated

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