Zorro Markets claims to be registered in Amsterdam and indicates its address in the Netherlands, but there is no confirmation of this. Judging by the information on the website, the brand positions itself as a large European firm with more than 20 thousand active clients and many years of experience. However, the broker does not disclose the date of the project’s start, and there is no specific confirmation of its history, the site has only vague phrases that “time has confirmed the high reputation of our company”. As for the domain, it was registered in July 2023 by a registrar from the United States. In addition, the project does not have a license. Finally, the interface supports 10 languages, including Arabic, and Italian. Despite this, the client agreement and other documents are presented only in English. Judging by the phone number, the technical support is located in the UK.
Can you trust your money to this broker? Does the information on the website correspond to reality? We will analyze the company’s activity and make conclusions about its reliability.
Trading Conditions
Zorro Markets provides CFD trading on Forex, stocks, indices, metals, and cryptocurrencies. Clients get access to trading on the world markets from a single trading account. You will be able to open orders after registering on the platform in the amount of 10 to 20 dollars per trade. You can replenish your deposit via bank transfer or card, as well as with the help of e-wallets. The brokerage company offers 4 types of tariff plans, which are structured by the amount of the minimum deposit. You can choose one of the following options;
- Basic Account, from $250 – trading in all types of assets.
- Business Account, from $2500 – leverage 1:100, spreads from 0.4 pips.
- Premier Account, from $50,000 – leverage 1:200 or 1:30, spreads from 0.1 pips.
- Dedicated Account – the broker approves the scope and set of services for each client individually.
The minimum withdrawal amount is $250/£250/euro for bank transfer. Transaction fee is charged at $50. The minimum withdrawal amount using other payment methods is $100/£/euro. Withdrawals can take up to 19 business days to process, including processing up to 5 business days and crediting up to 14 days.
You will find the TradingView platform tracker with online asset value analytics on the website. Financial events around the world are reflected in the “News” section.
FAQ
Would investing in Zorro Markets offer the best returns?
You are unlikely to make a profit with an anonymous company that doesn't even disclose its history. You run a high risk of losing your money in CFD trading on an unknown platform.
Does Zorro Markets carry out withdrawals?
Traders are very often unable to withdraw funds from this platform. Many users have already lost large investments on this site, as evidenced by their comments. You can share your personal experience with us in your review.
May I be scammed on zorromarkets.co?
The probability of being scammed on this website with a cheap interface is very high. Such signs as the lack of legal documents, certificates, and brokerage licenses indicate that the project is fake.
What's the best way to share my experience with Zorro Markets?
Fill out the form and we'll make sure your voice is heard.
How can I tell if zorromarkets.io is a fraudulent company?
Do your own research and never believe those who promise you easy money.
ZORRO MARKET CAN,T BE TRUST 1.7 MILLION DOLLARS GONE
NO PLATFORM NO EMAIL. CAN BE SEND, VANISHED LIKE THE WIND
no platform no Email VANISHED MOTHER F***R
Webtrader ( https://webtrader.zorromarkets.com/ ) When emailed Mike Goldman, the email bounced back. Hmmm
"Your message wasn't delivered to mike.g@zorromarkets. com because the domain zorromarkets.com couldn't be found."
was worried of late when trying to withdraw, excuses, can't withdraw while a trade is open, Hmm;
Ah well, we live and learn obviously ( Now) that it was a scam, too good to be true.
How can I even give it 1 star, why not have a symbol for negative or scam? suppose it was an expensive lesson.
SCUM BAG!!!!!!!!!!!
I have lost tens of thousands of dollars to these criminals and with no prospect of redress
I have had no response to any of these emails and have also tried to use the “Customer Service” feature on the dashboard – this does not work despite assurance from Ron Ryder that this was the best way to contact him. I have also sent a message through your website.
THIS INACTION LEADS ME TO BELIEVE THAT ZORRO MARKETS IS A SCAM!!!!!!!!!!
When I have spoken with John Ford, Mike Goldman and Ron Ryder, I have been repeatedly told how important trust is and how important it is to be honest – but this is something that is preached and not practiced.
Despite being repeatedly assured that all the funds showing in the account are mine and I that can withdraw them at any time, this appears to be another deception.
I have been told that;
• Withdrawals cannot be made while there are open positions – THERE WERE NONE OF THESE
• I need to give three days’ notice for withdrawals – THIS HAS BEEN DONE
• I must leave 30% of available equity – THE PENDING WITHDRAWAL ALLOWS FOR THIS
• Accounts can only be closed on the last day of the month; and
• THAT THE MONEY IS MINE AND CAN BE WITHDRAWN BY ME AND MY ACCOUNT CLOSED WHEN I WANT
There is an old adage that if something it too good to be true, it is - which is what I feel about my dealings with Zorro Markets.
I am so glad I have not given in to the sustained pressure from these “advisors” to invest further funds in what appears to be a SCAM of epic proportions.
I will be reporting this and relating all my experiences which have been documented to every agency and reporting organisation I can think of.
I have also contacted Market Trends Education who were used when my account was initially opened.
AVOID THEM LIKE COVID19
they will steal your money!
The support numbers don't connect you they just end the call when you reach the top of the queue.
Their trading platform appears to be bogus. Many claims are made by "clients" that can not cash out.