The company boasts about its membership in The Financial Commission, but this regulator denies the claim and labels the broker as a scam. So, can Zinzenova be trusted? The firm promises top-tier conditions and talks about an office in England, yet there’s not a single mention of FCA regulation. This raises serious concerns and calls for further investigation.
Table of Contents
Highlights
🏛️ Country | United Kingdom |
⚠️ Regulation | – |
🖥️ Website | https://www.zinzenova.com/ |
🎲 Demo Account | No |
⏳ Start Time | 2024 |
💲 Minimum Deposit | $250 |
⚖️ Minimum and Maximum Leverage | 1:1000 |
⚙️ Trading Platform | WebTrader |
support@zinzenova.net, support.ca@zinzenova.net | |
📞 Phone | – |
First Impression of Zinzenova.com
Zinzenova’s website is a typical brokerage site with minimal useful information, meaningless phrases, flashy epithets, and cliché images. It’s unlikely that founders put much effort into creating a modern and unique platform.
The color scheme is so tasteless that one glance at the site makes you want to close it. The combination of red, white, and gray looks dull and uninspiring, failing to build trust. The website’s content is nothing but pretentious fluff. Buzzwords like “industry leader”, “innovation”, and “reliability” are plastered all over, but there’s no substance behind them. Where are the licenses? Where are real examples of their work? There’s nothing — just text for the sake of text, aimed at confusing visitors and creating a false sense of credibility.
All those “successful” people in suits, happy traders with laptops, and colorful charts are so overused and generic that they only provoke skepticism. They look fake and do nothing to build trust. These types of images can easily be found on free stock photo sites and have no real connection to the company’s activities. In short, Zinzenova has failed to impress with its website and instead has made a poor first impression.
Partnership and Bonuses
There’s no clear information about bonuses or an affiliate program. Zinzenova briefly mentions a phrase: “Enjoy a generous welcome offer”, but what does that even mean? The absence of an affiliate program seems like a strange decision. Such programs are a great tool for attracting new users and expanding the business.
Account Opening on Zinzenova.com
Now that we’ve analyzed the website, it’s time to take a look at the client portal. To do this, one must create an account by providing basic personal information such as name, password, email, phone number, and country of residence.
The Zinzenova client area is extremely basic. Interestingly, there was no need to verify registration via email or phone, which raises serious concerns about the platform’s security standards.
Customers have several windows in front of them:
- Transaction history.
- Actions with the account. Change of personal data.
- Verification of identity.
- Withdrawal of funds. Withdrawal request and history.
- My trades. This is the history of all trading deals.
- Deposit. It is strange that this button is at the very bottom.
Overall, there’s nothing exciting or noteworthy here. Furthermore, Zinzenova most likely doesn’t offer a demo account, as we couldn’t find any such option in the client area.
Verification
To start working with Zinzenova, you’ll need to provide a pile of documents: a passport or another identity verification document; a copy of your bank card (both sides), proof of address, and even a completed deposit confirmation form.
There is no information about how long the verification process will take. Zinzenova simply states that “the sooner you send them, the faster you’ll get access”. This only means one thing — the process can drag on indefinitely. You could easily end up with a blocked account and frozen funds if the broker finds something unsatisfactory in your documents.
Another alarming issue is the complete lack of information regarding the security standards used to store client data. They mention “high-level encryption”, but what exactly does that mean? Who is responsible for it? Where are the servers located? None of these crucial questions are answered.
- Documents can be uploaded in your personal account.
- Lots of requirements.
- High risk of data leakage.
- Lack of transparency in timelines.
Trading Software
The trading platform is basic and lacks functionality. While it might be suitable for beginners initially due to its simplicity and ease of use, experienced traders will quickly find it lacking. Zinzenova does not offer any alternative platforms to meet the needs of advanced users.
Essentially, the platform is just a web trader with built-in features borrowed from the popular TradingView service. The available tools include technical analysis, basic indicators, light/dark themes, watchlists, a calculator, and position history. There are several key drawbacks of Zinzenova’s platform:
- No mobile or desktop versions. Only the web version.
- No demo account.
- No auto-trading, copy-trading, and other similar features.
- The platform of an unknown developer. It is unclear whether it will work stably or not.
Features | Zinzenova | TrustsCapital | Vourteige |
---|---|---|---|
Demo Account | ❌ | ❌ | ❌ |
Mobile App | ❌ | ❌ | ❌ |
Own Development | ❌ | ❌ | ❌ |
How Can I Trade With Zinzenova?
First and foremost, it’s important to note that Zinzenova operates as a CFD broker. This means there are no futures, options, or spot trading available — only contracts for difference (CFDs) on forex, stocks, indices, commodities, and cryptocurrencies. The rest of the trading conditions should be evaluated within the context of their account plans.
All Info About Accounts
Zinzenova has developed four types of accounts:
- Standard. Requires a minimum deposit of $10,000. Leverage is capped at 1:100; spreads start from 2 pips, and includes one month of premium signals, and access to a trading analyst.
- Silver. Requires a deposit of $25,000. Offers improved conditions and a dedicated account manager.
- Gold. Requires at least $50,000. Provides leverage of 1:200, spreads from 1 pip, ongoing trading signals, and a more experienced personal manager.
- VIP. No details are disclosed; clients must contact account managers for information.
On the website’s homepage, the minimum deposit is listed as $250, yet the first available “Standard” account requires $10,000. What’s the logic here? What’s the point of investing anything below $10,000 if clients can’t even activate a trading plan? Did Zinzenova simply overlook this contradiction?
The broker also advertises leverage of 1:1000, while the account types show significantly lower values. Again, this contradiction raises questions. Regardless, such high leverage levels are not allowed by regulated brokers. Regulatory bodies restrict leverage to 1:30-1:50, meaning Zinzenova’s claims are unrealistic for any compliant firm.
There is no mention of commissions, and the advertised spreads should be taken with skepticism. The company can easily mislead clients, meaning traders may end up with spreads far higher than the promised 2 pips. Additionally, Zinzenova does not offer cent accounts, demo accounts, or Islamic accounts, further limiting options for potential clients.
- None.
- Conflicting information about minimum deposit and leverage.
- Commissions are not specified.
- Demo account, cent tariff, and swap-free are not offered.
Market Analysis and Education With Zinzenova.com
All additional features and services are tied to specific account plans. Not only is the list of features short, but access depends entirely on the client’s deposit size. There’s nothing freely available for all traders. Zinzenova could have at least provided comprehensive educational courses, fresh market analytics, or in-depth market reviews — but none of that is offered.
Deposit, Withdrawal, and Fees
The website lists primary deposit methods such as Visa/Mastercard, e-wallets, and bank transfers. However, the situation changes inside the client area, where Zinzenova offers several funding options, including little-known payment systems like Zoobie Pay and Masterpay.
Withdrawal processing can take up to 7 business days, and when factoring in “additional time” from the bank’s side, the wait could be even longer. There is no clear information about deposit fees, but when it comes to withdrawals, the website vaguely mentions “additional charges from banks”. In other words, clients should brace themselves for hidden surprises.
Another unpleasant aspect is the inactivity fee. If an account remains inactive for six months, the company starts charging a 10% monthly maintenance fee. All of these factors suggest that Zinzenova is making it as difficult as possible for clients to withdraw their money.
Features | Zinzenova | Forexeze | SafetradePortal |
---|---|---|---|
Debit/Credit Cards | ✔️ | ✔️ | ❌ |
Electronic Payments | ✔️ | ✔️ | ❌ |
Crypto Transfers | ❌ | ✔️ | ❌ |
Deposit Fee | ❌ | ❌ | ❌ |
Withdrawal Fee | ❌ | ❌ | ❌ |
How Can I Contact It?
The website provides two email addresses, one supposedly for Canadian clients. However, there is no actual office in Canada. Instead, Zinzenova lists an address in the UK. However, here’s the catch — the contact details provided are fake. Both email addresses are non-functional.
There is also no phone number or live chat. Despite account descriptions mentioning support via email, phone, live chat, and even WhatsApp, none of these are actually available.
- None.
- Fake contacts.
- No online chat.
Is Zinzenova Dangerous?
Would a legitimate and trustworthy broker provide fake contact details? Highly unlikely. Moreover, trading conditions bear a striking resemblance to those of many fraudulent firms. There’s little doubt left that Zinzenova is a scam, but it’s still important to verify a few key details — such as the company’s operating history, its supposed FinCom license, and its legal address in the UK. Once those are checked, the final verdict will be clear.
How Long Does The Broker Work?
Scammers often either hide their founding date or lie about it. In this case, it’s the first option. However, there’s a way to find out how long the platform has been operating — by checking when their website, zinzenova.com, was launched. According to Whois records, it was registered on November 20, 2024. That’s just two months ago — an extremely short period of operation.
How Is Zinzenova Regulated?
The company claims to have its headquarters in England, but this should be verified rather than blindly trusted. If they truly have an office in London, they should be listed in the Companies House registry, which contains information on all firms registered in this jurisdiction. However, a search reveals that Zinzenova does not exist in the registry.
The company also boasts about having a license from The Financial Commission. However, since they claim to be based in the UK, they should be regulated by the FCA, the official British regulatory authority. A quick check on the official FinCom website reveals the truth about this platform.
The Financial Commission has issued a warning stating that Zinzenova is a scam and does not hold any valid license. This is why it’s crucial to verify all information independently — otherwise, you could fall victim to outright fraud.
Features | Zinzenova | SafeTradeNet | AllTradingEurope26 |
---|---|---|---|
European Zone | ❌ | ❌ | ❌ |
Asian Zone | ❌ | ❌ | ❌ |
American Zone | ❌ | ❌ | ❌ |
African Zone | ❌ | ❌ | ❌ |
Offshore | ❌ | ❌ | ❌ |
How to Trade With Zinzenova?
Is Zinzenova Legit?
How Risky Is It?
It’s a good thing that regulators issue warnings when fraudulent companies falsely claim to have their licenses. FinCom has confirmed that Zinzenova is an unlicensed broker that is not a member of their organization. Zinzenova is just another typical illegal platform created by anonymous fraudsters for one sole purpose — to scam inexperienced people out of their money. Expect nothing else. Don’t take their promises at face value; they will do everything they can to squeeze every last dollar out of you.
Zinzenova rating
2 reviews about Zinzenova
How can I get my money back from zinzenova.com? I invested $500, but to activate their lowest account tier, I need $10,000, even though their website states the minimum deposit is $250. I don’t have $10,000, so I want to withdraw my $500, but they are not approving my withdrawal request. What should I do? Where can I seek help? Should I contact my bank? Is a chargeback possible? Please help, the broker’s support is not responding to me!!!
There are far too many signs of fraud with this pseudo-broker. I’ve been in the forex market for a long time, and it takes me just 1-2 minutes on a website to figure out if it’s a scam. In this case, it took me only 15 seconds to realize it’s a fraud. Fake licenses, a fake address, no founder names, and so on. It’s just a complete set of classic scam signs. I strongly recommend avoiding this broker; otherwise, you will lose all your money.