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Snap-Zed Futures was established with the goal of providing innovative trading solutions in the forex market. While the exact founding date is not explicitly mentioned, the company has been operational for approximately 2 to 5 years, indicating a relatively recent entry into the competitive forex brokerage landscape.
Snap-Zed Futures operates independently and does not appear to have a parent company. It is structured as a standalone entity focused on delivering trading services to both retail and professional traders.
The company is registered in the United Arab Emirates (UAE), specifically at Kemp House, 160 City Road, London, EC1V 2NX, United Kingdom. This location is often associated with various online businesses, providing a degree of legitimacy.
Snap-Zed Futures offers trading services to a global clientele. The company's platform supports a wide range of trading instruments, catering to both local and international traders.
Snap-Zed Futures currently operates without valid regulatory oversight. It has been classified as "no license" by WikiFX, indicating that it is outside the purview of any recognized regulatory bodies. This lack of regulation poses significant risks for potential clients.
Since its inception, Snap-Zed Futures has made strides in establishing itself as a forex broker. However, specific milestones are not documented, reflecting a lack of transparency in its operational history.
The company claims to offer over 175 trading instruments, including forex, stocks, indices, and commodities. This broad range of offerings indicates an ambition to cater to diverse trading needs. However, the lack of regulatory oversight may hinder its ability to expand and attract a larger customer base.
While there is no specific data on customer base growth, the companys offerings and marketing strategies suggest an effort to attract both novice and experienced traders. The presence of various account types indicates an attempt to accommodate different trading styles and capital levels.
Snap-Zed Futures provides access to the popular MT5 trading platform, which is known for its advanced trading capabilities. The platform is available on desktop, mobile, and web terminals, allowing for flexibility in trading. The company emphasizes the integration of automated trading systems, which is a selling point for tech-savvy traders.
There is no available information regarding any awards or recognitions received by Snap-Zed Futures. This absence may be indicative of its relatively recent establishment and the challenges it faces in gaining industry credibility.
Snap-Zed Futures offers forex trading with a variety of currency pairs. The exact number of currency pairs is not specified, but the broker claims to provide competitive spreads starting from 0.1 pips.
The company includes stock trading as part of its offerings, although specific details on the number of stocks available for trading are not provided. This inclusion allows traders to diversify their portfolios beyond forex.
Snap-Zed Futures also provides Contracts for Difference (CFDs), enabling traders to speculate on price movements without owning the underlying asset. This service is particularly appealing to those looking to leverage their positions.
In addition to forex and stocks, Snap-Zed Futures claims to offer trading in commodities, indices, and possibly cryptocurrencies. However, specific details regarding the range of cryptocurrencies or commodities available are not clearly outlined.
One of the notable features of Snap-Zed Futures is its high leverage options, allowing traders to leverage up to 1:400. This is significantly higher than what is typically permitted by regulated brokers, which may attract traders looking for high-risk, high-reward opportunities.
Snap-Zed Futures operates without any valid regulatory licenses. This status raises concerns regarding the safety and security of client funds, as unregulated brokers are often associated with higher risks.
The company is registered in the UAE, but it lacks a clear legal entity structure across different regions. This absence of structure may complicate legal recourse for clients in case of disputes.
Due to the lack of regulation, there are no documented client fund protection measures in place. This poses a significant risk for traders, as their funds may not be safeguarded against potential misuse or fraud.
Snap-Zed Futures appears to cater to a global audience, but specific countries or regions served are not explicitly mentioned. The absence of regulatory oversight may limit its appeal in regions with stringent financial regulations.
There is no available information regarding Snap-Zed Futures' compliance history. The lack of regulatory oversight suggests potential issues with compliance, raising concerns for prospective clients.
Snap-Zed Futures competes with several established forex brokers, including:
Snap-Zed Futures positions itself as a competitive option for forex and CFD trading, particularly appealing to traders looking for high leverage. However, its lack of regulation may deter risk-averse traders.
The primary differentiating factors for Snap-Zed Futures include its high leverage options and a diverse range of trading instruments. However, the absence of regulatory oversight and transparency may overshadow these advantages, making it a less attractive option for many traders.
Snap-Zed Futures presents itself as a forex broker with a range of trading options and high leverage, but the lack of regulatory oversight raises significant concerns. Potential clients should carefully consider these risks before engaging with the platform. For those looking for a regulated and secure trading environment, it may be prudent to explore alternatives that offer better protection for client funds.
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