I would like to report ZaraFX Ltd. (also known by the brand names ZaraFX and ArazFX) for stealing my funds. Currently I'm having a balance of $222,239.21 that I can't withdraw because they are simply not processing the withdrawal requests. I believe there are many more victims of these fake brokers, so I want you to know that ZaraFX are even illegal in UAE as they don't have a proper license and office in UAE. My withdrawal requests for all remaining balance are pending since 31/01/2024. I've personally spoken to their CEO and Relationship Manager many times but they are simply not giving my funds and trying to delay everything. Currently I've reported ZaraFX with SCA UAE and their offshore (FSC Mauritius, FSA SVG and Mwali International Services Authority) regulators and in the process with others. Beware them.

2024-03-06 21:07

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Alex6522

2024-04-24 17:35

I’m revising this review as a three-month dispute between us, as a client, and ZaraFX was concluded by signing a formal Settlement Agreement, thanks to the work of professional lawyers. In pursuance of the Settlement Agreement, we have finally received our funds and no longer have financial claims to ZaraFX. We are closing our trading accounts with ZaraFX and will never work with this broker or its affiliated companies again.

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