Zachs Invest, a UK-based firm, offers brokerage and trust management services to investors. According to the website, this company has more than 15 years of experience. However, it has a fresh domain name, which was created in September 2024. In addition, the intermediary does not disclose the existence of a financial license.
Will this organization provide you with a “transparent, secure and trading environment” as its founders promise? Or should you not invest in this project? Let’s review it.
Trading Conditions
You can trade exclusively CFDs on the WebTrader platform. The range includes stocks, cryptocurrencies, and other markets. The company offers the following conditions for earning money:
- 5 account types.
- Minimum deposit of $250.
- More than 300 assets.
- Leverage up to 1:400.
- Return on investment 21.6% per month.
In addition to the standard rates, the broker provides 3 trading plans with deposits starting from $300,000. However, fees and commissions are not disclosed.
Additional services are available on zachsinvest.com in the form of an asset index and glossary. Analytics are provided in the form of TradingView platform quote charts. Support services are available via online chat, phone, and email.
FAQ
Would investing in Zachs Invest offer the best returns?
You are unlikely to make a profit in risky CFD trading with high leverage. In addition, the risk of damage increases if you use an unknown platform and opaque trading conditions.
Does Zachs Invest carry out withdrawals?
Withdrawals from this platform are not obvious. You can find many reviews on the Internet, where traders share their negative experience due to the impossibility of withdrawing funds invested in this project. Leave your comments, indicating all the advantages and disadvantages of cooperation with this broker.
May I be scammed on zachsinvest.com?
Yes, it is dangerous to invest money here. Since this brokerage firm operates without regulatory control, it has a fresh domain, which does not correspond to the stated lifespan of the project.
What's the best way to share my experience with Zachs Invest?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.
1) Check the license, this company has no license, which means that any activity is prohibited! 2) Check the place of registration. The address here is very unclear and most likely fake. 3) Customer service, - they do not answer my questions, I tried to contact them via email, online chat and phone! 4) Read the user agreement, there are a lot of pitfalls in there!
If you know these 4 points, you will have less chances to give your money to forex scams.