Examining the Legitimacy of Zeegos FX: Is It Really a Scam?

Company Overview

The company Zeegos FX is a Forex and bitcoin trader. The business is owned and run by ZeegosFX Ltd. It says its home is in California, USA, and that the International Financial Services Commission (IFSC) in Belize has given it a license.

Does Zeegos Have Any License?

We were sorry, but we couldn’t find the company’s name in either the International Financial Services Commission (IFSC) of Belize’s records or the National Futures Association’s (NFA) list of regulated members. The NFA is the US financial watchdog, and all companies that offer financial services to US citizens should have a license from them.

Is Zeegos Regulated By Any Authority?

No, Zeegos is not regulated by any financial authority. The IFSC can only provide the business registrati9n, not any regulations.

Pros and Cons

Pros:

None

Cons:

Unlicensed and unregulated
Bad Reputation
Negative reviews from previous traders
High minimum deposit
Difficult withdrawal process
Poor customer support

How Does Zeegos Reach To Their Prey?

Zeegos typically reaches out to potential clients through online advertising and social media. They may also use cold calling and email marketing.

Technical Details

Zeegos uses a proprietary trading platform that is not well-known or respected in the industry. The platform has been known to be slow and buggy.

Minimum Deposit:

The minimum deposit at Zeegos is $500. This is significantly higher than the minimum deposit required by most other forex brokers.

Trading Platform:

Zeegos uses a proprietary trading platform that is not well-known or respected in the industry. The platform has been known to be slow and buggy.

Spread:

The spreads at Zeegos are not disclosed.

Leverages:

Zeegos offers leverage of up to 1:1000. This is significantly higher than the leverage offered by most other forex brokers.

Packages and Products They Offer

Zeegos offers a variety of trading products, including forex, CFDs, and indices. However, the products offered by Zeegos are not as comprehensive as the products offered by most other forex brokers.

Withdrawal and Deposit Method

Zeegos offers a variety of deposit and withdrawal methods, including credit cards, debit cards, wire transfers, and e-wallets. However, the withdrawal process at Zeegos has been known to be difficult and time-consuming.

What Do Their Previous Traders Say?

Previous traders at Zeegos have left many negative reviews online. These reviews complain about high spreads, poor customer support, and difficulty withdrawing funds.

Summing Up- Why Should Not You Trust Zeegos

There are many reasons why you should not trust Zeegos. They are unlicensed and unregulated, have a bad reputation, and have many negative reviews from previous traders. Additionally, their minimum deposit is high, their trading platform is buggy, and their spreads are high.

If Bad Things Happen, Where Can You Get The Quick Solution?

If you have lost money trading with Zeegos, you may be able to recover your funds. However, it is important to act quickly. You can contact us for a free consultation call and recovery service recommendations. We can help you assess your situation and recommend the best course of action to recover your lost funds.

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Final Thoughts

Zeegos is a scam broker that you should avoid. They are unlicensed and unregulated, have a bad reputation, and have many negative reviews from previous traders. If you are thinking about trading with Zeegos, we urge you to reconsider. There are many other reputable forex brokers that you can choose from.

You Can Read Our Other Scam Reviews

Examining the Legitimacy of ZeegosFX: Is It Really a Scam?