For more information about Zertom Forex Broker company profile, come to WikiBit!
Business
License
Zertom Company is a relatively new player in the online trading industry, having been established within the last few years. Its rapid rise has been marked by both controversy and scrutiny, primarily due to its regulatory status and operational practices.
Zertom claims to be operated by IBD Solutions LLC. However, investigations have revealed that this entity lacks valid registration with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), raising questions about its legitimacy and operational authority.
Zertom is reportedly based in St. Vincent and the Grenadines, a jurisdiction known for its loose regulatory environment. This location is often chosen by brokers seeking to operate with minimal oversight.
Zertom offers its services globally, targeting a diverse clientele across various regions. However, its lack of regulatory compliance limits its ability to operate in many jurisdictions where strict financial regulations are enforced.
Zertom is not regulated by any recognized financial authority. The Comisión Nacional del Mercado de Valores (CNMV) of Spain has placed Zertom on its warning list for providing investment services without authorization, further indicating the broker's unregulated status.
Zertom has attempted to expand its offerings rapidly, promoting various trading options and account types. However, the lack of regulatory backing has hindered its growth in reputable markets.
The company claims to have attracted a diverse customer base, but reports indicate that many users face difficulties in withdrawing funds, leading to growing dissatisfaction among clients.
Zertom utilizes a trading platform that appears to lack some of the advanced features found in established trading software like MetaTrader 4 or 5. The platform is designed for ease of use but has received criticism for its performance and reliability.
Zertom has not received any notable awards or recognitions that would validate its credibility or service quality in the financial trading industry.
Zertom offers a selection of forex trading options, providing access to a limited number of currency pairs. However, specific details regarding the exact number of pairs available are often vague.
While Zertom markets itself as a comprehensive trading platform, it does not provide clear information on stock trading options, leading to speculation about the depth of its offerings in this area.
Zertom includes Contracts for Difference (CFDs) among its trading instruments, allowing clients to speculate on price movements without owning the underlying asset.
Zertom claims to support trading in various financial instruments, including cryptocurrencies and commodities. However, the lack of transparency regarding these offerings raises concerns about their legitimacy.
Zertom promotes a user-friendly interface and accessible account types, but these advantages are overshadowed by its unregulated status and the risks associated with trading through a non-compliant broker.
Zertom operates without any regulatory oversight. The CNMV's warning against the broker is a significant red flag, indicating its illegal operational status.
Zertom's legal entity is linked to IBD Solutions LLC, which has not been verified in the SVG FSA register. This lack of legitimate registration raises concerns about the broker's legal standing.
Zertom does not provide any client fund protection measures, such as segregated accounts or negative balance protection, which are standard in regulated environments. This absence increases the risk for investors.
Zertom claims to serve clients globally, but its unregulated status limits its ability to operate in many countries, particularly those with strict financial regulations.
Zertom has faced significant scrutiny due to its unregulated operations and the CNMV's warning. The company has not demonstrated a commitment to compliance with international financial regulations.
Zertom positions itself as an accessible trading platform, but its lack of regulation and negative reviews place it at a disadvantage compared to its competitors.
Zertom attempts to differentiate itself through a user-friendly platform and a variety of trading instruments. However, the absence of regulatory backing and the associated risks significantly undermine its competitive position.
Zertom Company presents itself as an online trading platform offering various financial instruments. However, its unregulated status, lack of transparency, and negative feedback from clients raise significant concerns. Investors are strongly advised to exercise caution and consider regulated alternatives to mitigate risks associated with trading through unlicensed brokers.
For more detailed insights and to learn about safer trading options, please visit Learn More.
This article provides a comprehensive overview of the Zertom Company, focusing on its operational status, services, and the associated risks for potential investors.
Explore broker companies: forex/fx trading, investment, and global limited. Check company details.