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Zenstox Forex Broker provides real users with 3 positive reviews, * neutral reviews and 5 exposure review!

Zenstox Broker Review

4.19

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Risk Control

Risk Manage

License

FSA Offshore Regulated

Zenstox Review 8

Latest All(8) Positive(3) Exposure(5)
Positive
good 👍👍👍

Zenstox Great experience, fast deposit and withdrawal, looking forward to future experiences

FX8449708112
Authenticated
04-08
Exposure
CHEATERS, CLAIMING TO REGISTER FOR ADNOC

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

Emy6650
2024-11-23
Exposure
Zenstox account rabih Hanna file number 11188215

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

FX2190655707
2024-10-27
Exposure
they Are scammers

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

Shimaa Ezzat
2024-10-09
Exposure
Beware of Zenstox - A Scam App I had a ver

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.

FX1391221755
2024-09-24
Exposure
SCAMMEEEEEER DO NOT TRUST

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

Hajar Sikkiu
2024-08-07
Positive
Zenstox Delivers Exceptional Service and Unmatched Customer Satisfaction

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.

jianghua
2024-06-27
Positive
Zenstox App: Lightning-Fast Trades in 30ms, Outpaces MT4 & MT5

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!

Juno Mrug
2024-04-19

  

Maxify 2025 Review: Everything You Need to Know

  Maxify, a relatively new player in the forex brokerage space, has garnered a mix of opinions from the trading community. While some users have reported positive experiences, a significant number of reviews raise serious concerns about the broker's legitimacy and operational practices. Key findings suggest that while Maxify offers a range of trading tools and assets, the lack of transparent regulatory oversight and numerous complaints about withdrawal issues warrant caution.

  Note: The existence of multiple entities operating under the Maxify name across different regions adds complexity to its regulatory status. This review aims to present a balanced view based on various sources to ensure fairness and accuracy.

  

Rating Overview

Category Score (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup/Experience 4
Trustworthiness 2
User Experience 3
Regulatory Compliance 1

  How We Score Brokers: Our scoring is based on a comprehensive analysis of user reviews, expert opinions, and factual data regarding the brokers offerings and performance.

  

Broker Overview

  Founded in late 2023, Maxify operates under the name Maxify International Financial Ltd. The broker claims to offer a user-friendly trading platform with access to major financial markets, including forex, commodities, indices, and cryptocurrencies. Maxify primarily utilizes the MetaTrader 5 (MT5) platform, which is known for its advanced trading features and tools. However, the broker's regulatory status is concerning, as it lacks oversight from recognized authorities such as the FCA or ASIC, leading to questions about the safety of client funds.

  

Detailed Breakdown

  

Regulatory Status

  Maxify claims to be registered in Saint Lucia but lacks proper regulation from major financial authorities. This absence of oversight raises significant red flags for potential investors. According to various reviews, the broker's claims of FCA regulation appear to be misleading or unverifiable, which is a common tactic among fraudulent brokers (source).

  

Deposit/Withdrawal Methods

  The broker offers various methods for deposits and withdrawals, including credit/debit cards, bank transfers, and cryptocurrencies. However, multiple user reviews highlight issues with withdrawal processes, often citing delays and unresponsive customer service when attempting to retrieve funds. This has led to accusations of Maxify being a scam broker (source).

  

Minimum Deposit

  Maxify requires a minimum deposit of $15 for a standard account, which is relatively low compared to industry standards. However, the zero account type necessitates a minimum deposit of $4,500, which may deter novice traders (source).

  

Bonuses/Promotions

  The broker does not appear to offer significant bonuses or promotions, which is often a tactic used by more reputable brokers to attract new clients. Instead, user reviews focus more on the negative experiences rather than promotional offers (source).

  

Tradable Asset Classes

  Maxify provides access to a variety of asset classes, including over 50 forex pairs, commodities like gold and oil, global indices, and cryptocurrencies. However, the quality of trade execution and the overall trading environment has been called into question due to user complaints about slippage and server issues during high volatility events (source).

  

Costs (Spreads, Fees, Commissions)

  Spreads on major currency pairs reportedly start from 0 pips, but there are complaints about high spreads during market volatility. The broker does not charge explicit commissions, instead relying on the spreads for revenue. However, users have indicated that the trading costs can be higher than advertised due to hidden fees and slippage (source).

  

Leverage

  Maxify offers leverage up to 1:500, which can be attractive for experienced traders looking to maximize their trading potential. However, such high leverage also involves significant risk, particularly for inexperienced traders (source).

  

Allowed Trading Platforms

  The primary trading platform is MetaTrader 5, which is well-regarded for its functionality and user interface. There are plans to introduce additional platforms like cTrader in the future, but as of now, MT5 remains the sole offering (source).

  

Restricted Regions

  While specific restricted regions are not clearly defined, the lack of regulation suggests that traders from certain jurisdictions may face additional risks or limitations when trading with Maxify. Users are advised to check local regulations before committing funds (source).

  

Available Customer Support Languages

  Customer support is available in English and Arabic, but reviews indicate that the quality of support is lacking. Many users have reported difficulty in getting timely responses, particularly when issues arise regarding withdrawals (source).

  

Final Thoughts

  In conclusion, while Maxify presents itself as a broker with attractive trading conditions and a wide range of assets, the overwhelming evidence of negative user experiences and the lack of regulatory oversight raise serious concerns about its trustworthiness. Prospective traders should exercise extreme caution and consider more reputable alternatives to safeguard their investments. The combination of low trust ratings, withdrawal issues, and aggressive marketing tactics suggests that Maxify may not be a suitable choice for serious investors.