Score

1.28 /10
Danger

Zion

United Kingdom

1-2 years

Regulated in United States

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

Influence

E

Better than 10% brokers
Open Account
Website

Score

License Index0.00

Business Index5.27

Risk Management Index0.00

Software Index4.00

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

E

Better than 10% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Broker Information

More

Company Name

Zion Global Limited

Company Abbreviation

Zion

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2022-10-04
  • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
  • United StatesNFA (license number: 0538960) The regulatory status is abnormal, the official regulatory status is Unauthorized, please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Others

Rough manipulation of the forex market

The Zion global limited broker made welcome bonuses to all users. The bonus was an estimated amount of 50usd with which the new ones made purchases and sales with the signals granted by the company. The bonus was only available for a period of 5 days, in those 5 days it was possible to earn from 10 to 15 USD, which were withdrawable with the USDT cryptocurrency through the tron network. After using the bonus it was each person's decision to deposit more and earn more money with signals from the same broker since all signals are earned. This is how the broker tells us to put all the lottery in our account since it charges a commission of 30% to 50% per operation carried out. Thus, last week they began to open gold and silver accounts to convert old users to earn more with a simple deposit of 100 USD in the silver plan and 1000usd in the gold plan. When the broker performed such an action, it canceled the withdrawals of all the users and returned all the withdrawals to the users' balance in order to continue providing the signals for 2 days. On the second day, he sent us a buy signal at a certain point in the market with which all the users bought at the indicated point and minutes after having bought, the price began to move in the opposite direction, taking all the capital invested from all the users. It is with this that the manipulation took all the capital out of the broker's user. the broker sent all the operations of purchase and sale in the currency pair of the NZDUSD.

vladimir delgadillo jesus
2022-06-29 10:55

News

NewsWikiFX Review: Something you need to know about Zion.

Zion is an online offshore forex broker currently attracting our eye. In this article, we will analyze the reliability of this broker from different aspects.

WikiFX
2022-09-05 16:29
WikiFX Review: Something you need to know about Zion.
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