Zeus Capital Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://accounts.zeuscapitalmarkets.com/accounts/open-live-account, the company's legitimate regulatory information South AfricaFSCARetail Forex License, to enhance the security of the company's address The Gatehouse Unit 207, Century Way, Century City, Western Cape, 7441, South Africa.
Zeus Capital Markets Forex Broker
Basic information
South Africa
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
General Information & Regulation
Zeus Capital Markets, a spanading name of Zeus Capital Markets (PTY) Lspan, is allegedly a forex broker founded in 2021 and registered in South Africa that claims to provide its clients with over 60 tradable products with competitive spreads without any added commissions. Here is the home page of this brokers official site:
As for regulation, it has been verified that Zeus Capital Markets is authorized and regulated by the FSCA (Financial Services Conduct Authority) in South Africa. That is why its regulatory status on WikiFX is listed as “Regulated” and it receives an average score of 4.57/10. Please be aware of the risk.
Negative Reviews
Some traders shared their terrible trading experience in the Zeus Capital Markets platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.
Market Instruments
Zeus Capital Markets website shows that the broker offers access to more than 60 trading products, covering forex, indices, metals and energies.
Account Types
Zeus Capital Markets claims to offer demo and Standard account types. However, the broker says nothing about the minimum initial deposit requirement to open an account.
Spreads & Commissions
Zeus Capital Markets claims to offer competitive spreads without any added commissions, yet no value of the spread is specified directly.
Deposit & Withdrawal
Zeus Capital Markets says that deposits can be made in ZAR, GBP, EUR, or USD via bank transfer. To make a bank deposit, use the Zeus Capital Markets bank that matches your bank accounts currency.
The minimum initial deposit requirement is said to be $5000, while there is no mention of what the minimum withdrawal amount is.
Bank transfer deposits take 1-2 business days to arrive and process into your trading account for domestic transfers, while 3-5 business days are required for international transfers.
Customer Support
Zeus Capital Markets customer support can be reached by telephone: +27 (0) 84 0620411, email: support@zeuscapitalmarkets.com. Registered address: The Gatehouse Unit 207, Century Way, Century City, Western Cape, 7441, South Africa.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suispan for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Rating Index
Premium Account
Standard Account
Zeus Capital Markets Similarly Rated Brokers
Latest Reviews
FX1727486592
United States
After I got no response from Zeus I knew I had been duped, I had $80,000 to withdraw which was going on for a long time, many months of trading and making profits with no license to withdraw however, the class action fintrack/ org aided gave in to the return of funds that would have been otherwise stuck on the platform's account Save yourself the trouble of investing only to be manipulated all the way.
Exposure
2022-07-06
FX3464800242
Germany
Even after paying tax, I am unable to withdraw my money. Customer care informed me that because I had a deposit of £55,600 from a third party, my trading account was suspended because they said i broke the law of against anti theft and tax evasion . I had to put deposit 15% of my investment into my account if I still wanted to withdraw which doesn’t make sense . I had to ask an Australian company called AssetsClaimback recovery service for a chargeback. Even after i made the 15% deposit this scammers called Zeus capital. still withhold my money
Exposure
2022-07-05
Fx3578064
Australia
However, once you enter the trade, the price changes and you will find yourself in a trade with improbable odds, especially if you are short-term trading, which is highly manipulated. The true price and graphs will show as the true "live" price. Any long-term trades are closed off if you are making a sizable profit, and stop losses will be executed if the asset reaches a certain distance from the goal, whether or not it hits the stop loss price. They held my money hostage until the class action lawsuit Assetsclaimback/com was approved and my investment was paid back. Ingoinvest is too shady; it's more like gambling. I won't use them once more.
Exposure
2022-07-12