ALERT | Zenfinex Review: Is it Legit or a Scam

Zenfinex logo
Rated 1 out of 5
Scam Company
1 out of 5 stars (based on 3 reviews)


Item Description Website Information
F20, 1st Floor, Eden Plaza, Eden Island, Seychelles
CloudFlare Inc.

Disclaimer: The information on this document was based on information gathered during the website investigation period. Please note that the information provided might be outdated because there might have been changes on the investigated website (i.e. website had been suspended or website had changed owners and changed its content).

What is Zenfinex Market About?

Zfxtrade asserts that it is operating properly and with a license. The business is attempting to deceive investors. Access to the Metatrader 4 interface is what they guarantee. You will get full access to AI and sophisticated trading tools after you establish an account.

What is Zenfinex Market Offering to the Clients?

Three trading accounts on Zfxtrade don’t have any trading restrictions. The minimum investment is $50, once you try to make a deposit, the system will want $100. The only people who disagree on the minimal deposit amount are con artists.

Is Zenfinex Market Legit or a Scam?

At first glance, the website appears to be rather credible. It has a good layout and is organized to display all the important information a trader could need. And there’s a good reason for that since is an example of what we refer to as a clone website—a well-known scam in which con artists fraudulently utilize the license and other corporate information of a legitimate, regulated company in an apparent attempt to con unsuspecting customers. 

And not only that, but has also already come to the attention of British financial regulators because it is clearly aimed at customers in the UK and has the credentials of a licensed UK FX and CFD broker.

Given the recent warning from the Financial Conduct Authority (FCA) in the UK, Zfxtrade assures us that its entire service is an expression of openness and trust. However, this claim is obviously false.

The two most well-known trading platforms in the forex market, MetaTrader4, and MetaTrader5 are allegedly offered by Zfxtrade. However, when we tried to download the platforms, we were instead forwarded to a very suspicious website called As a result, we decided against trying to download and install any software from an untrusted source like this out of fear for our online safety.

A leverage of 1:100 to 1:500 was advertised by the broker. A Ponzi scheme that is not operating out of the UK is another red flag. Only 1:30 leverage is available from legitimate businesses. This cap was set by the FCA to safeguard investors from significant losses.

Zfxtrade asserts that several businesses, including the UK-incorporated Zenfinex Limited, represent it, but as we’ve already shown out, this is an obvious fraud. Zenfinex Limited, which is officially licensed and authorized by the Financial Conduct Authority with a license reference number of 816055 and a single approved domain name,, has absolutely nothing to do with a website with a name that does not correspond to Therefore, despite the presentation’s appearance of sophistication, this is only a fake website operated by con artists.

So, is Zenifex a scam? Our simple answer: Yes.

Zenfinex FCA - Clone

Is Zenfinex Market Licensed?

The website ( is a replica of Zenfine, a business that is governed by the FCA ( The two websites may initially cause traders to become confused and believe there is fraud. Because they share the same design and regulatory information, Zenfinex is a division of the genuine Zenfinex. However, they are not connected at all.

UK FCA just issued a warning about the bogus Zenfinex. It is thought that the fraudster is improperly exploiting the data of the company that the UK FCA has approved to offer financial services. After reading this you’ll definitely know the answer to the question can Zenifex be trusted?

Zenfinex Market Opinions on Review Sites, Social Media, & Contact Information

After our research, we’ve compiled a Zenifex review for you. Zfxtrade is based in an offshore area. Unfavorable trading conditions exist for the company. We are unaware of the criteria clients must satisfy to withdraw money. Unfortunately, the organization has a recently registered website and locks consumer evaluations.

Customer service for Zfxtrade is accessible by phone, email, and WhatsApp. The company operates in an offshore zone, as evidenced by the contact details. This does not justify the organization’s targeting of investors in geographically restricted locations.

Additionally, you should know that con artists would only act professionally if you’re willing to deposit more money. The crooks will stop all communication once you become bankrupt. Additionally, the company will soon stop using its phone number.

Zenfinex Trustscore
Zenfinex Negative Highlights

Comparing Zenfinex Market to Well-Established Companies

Your financial choices can help you reduce risk even further.

You might purchase more respectable and well-known coins like bitcoin and Ethereum, for instance.

Scams and frauds involving bitcoin are becoming more and more prevalent. You should move cautiously and conduct your study to confirm the project or website is real before you make any deposits or transfers.

Based on daily trade volume, Binance is the largest cryptocurrency exchange in the world. The platform had its public premiere in 2017 before a wide audience. The cryptocurrency broker presently has at least 20 million subscribers. Considering that Binance only deals in digital assets, that is an incredible 500 currencies available.

Do you suspect that someone had scammed you?

If you have any suspicion of a scam or phishing attack, then you can rely on EZChargeback to help you with protection, mitigation, and fund recovery

You will feel safe knowing that experts with years of experience will be guiding you!

How to Get Your Money Back if You Were Scammed by Zenfinex?

With Zfxtrade, your money is not secure. The business doesn’t deal with a trustworthy bank. As a result, there is no fund segregation. Money from customers is readily mishandled by the broker. The entity does not take part in the compensation scheme, either. Investors won’t be compensated if they file for bankruptcy.

You can try contacting the relevant government representatives in your nation who are in charge of these financial institutions. Send them a file including all the available evidence in an email. If you tell your broker that you are in touch with the local authorities, you might be able to get your money back.

Do not hesitate to get in touch with Ez Chargeback if you experience any problems convincing your bank or other authorities that you have a case with Zenifex. We will point you in the direction of reputable, reliable asset recovery companies that can handle your case. We have a 99.99% likelihood of success because we are experienced professionals.

EZChargeback only partners with the most trustworthy and capable scam recovery organizations.

Once you consult with us, we will be able to help you solve your problem and refer you to the top asset recovery firms that will get your money back!



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