Score

1.40 /10
Danger

Zeus Capital Markets

South Africa

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 16

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.13

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Zeus Capital Markets (PTY) Ltd

Company Abbreviation

Zeus Capital Markets

Platform registered country and region

South Africa

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 16 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    Zeus Capital Markets · Company summary

    General Information & Regulation

    General Information & Regulation

    Zeus Capital Markets, a trading name of Zeus Capital Markets (PTY) Ltd, is allegedly a forex broker founded in 2021 and registered in South Africa that claims to provide its clients with over 60 tradable products with competitive spreads without any added commissions. Here is the home page of this brokers official site:

    General Information & Regulation

    As for regulation, it has been verified that Zeus Capital Markets is authorized and regulated by the FSCA (Financial Services Conduct Authority) in South Africa. That is why its regulatory status on WikiFX is listed as “Regulated” and it receives an average score of 4.57/10. Please be aware of the risk.

    General Information & Regulation
    General Information & Regulation

    Negative Reviews

    Some traders shared their terrible trading experience in the Zeus Capital Markets platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

    Negative Reviews

    Market Instruments

    Zeus Capital Markets website shows that the broker offers access to more than 60 trading products, covering forex, indices, metals and energies.

    Market Instruments

    Account Types

    Zeus Capital Markets claims to offer demo and Standard account types. However, the broker says nothing about the minimum initial deposit requirement to open an account.

    Account Types

    Spreads & Commissions

    Zeus Capital Markets claims to offer competitive spreads without any added commissions, yet no value of the spread is specified directly.

    Deposit & Withdrawal

    Zeus Capital Markets says that deposits can be made in ZAR, GBP, EUR, or USD via bank transfer. To make a bank deposit, use the Zeus Capital Markets bank that matches your bank accounts currency.

    The minimum initial deposit requirement is said to be $5000, while there is no mention of what the minimum withdrawal amount is.

    Bank transfer deposits take 1-2 business days to arrive and process into your trading account for domestic transfers, while 3-5 business days are required for international transfers.

    Customer Support

    Zeus Capital Markets customer support can be reached by telephone: +27 (0) 84 0620411, email: support@zeuscapitalmarkets.com. Registered address: The Gatehouse Unit 207, Century Way, Century City, Western Cape, 7441, South Africa.

    Risk Warning

    Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

    News

    NewsDispelling the Chainlink Misinformation Report from "Zeus Capital"

    In a recent "Short and Distort" operation, an unidentified and dishonest organization going by the name of "Zeus Capital" wrote and aggressively promoted a hit article on Chainlink. The LINK currency, the Chainlink network, and the SmartContract team have all been the subject of extensive disinformation campaigns, false charges, and easily refutable claims. The scam is motivated by greed. They are attempting to make a quick and dirty profit by hiding behind anonymity and spreading false information to emotionally blackmail holders of LINK tokens into selling their holdings and betting against one of the most widely used technologies in the entire blockchain industry, rather than putting reputational risk behind their ludicrous claims.

    WikiFX
    2022-07-14 18:29
    Dispelling the Chainlink Misinformation Report from "Zeus Capital"

    NewsWhy Does Risk Management So Imperative in The Forex Market?

    Forex trading is indeed a profitable business in the financial market. However, not everyone can make money on forex trading many people suffer a heavy financial loss in the forex market. When seeking a forex broker, one of the key factors that traders need to keep in mind is risk management. A good broker can have a strong ability in risk management. Which will help you avoid the loss.

    WikiFX
    2022-07-13 17:40
    Why Does Risk Management So Imperative in The Forex Market?

    NewsWikiFX Review: Why did the WikiFX score of Zeus Capital Markets reduce?

    Founded in 2021, Zeus Capital Markets is an online forex broker offering a wide variety of financial markets. Zeus Capital Markets is a South Africa-based broker. But if you check the homepage of this broker on WikiFX, you will find that Zeus Capital Markets’ score has been reduced. Why did it happen? In this article, we will make a comprehensive review of this broker. And you should not miss it.

    WikiFX
    2022-07-12 15:41
    WikiFX Review: Why did the WikiFX score of Zeus Capital Markets reduce?

    User Reviews

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    User comment

    4

    Comments

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    FX1230780388
    more than one year
    I have made several attempts to withdraw money from Zeus Capital Markets and they still won’t let me get my money. Right now, I don't think Zeus Capital Markets is safe to use, so I really cannot recommend them.
    I have made several attempts to withdraw money from Zeus Capital Markets and they still won’t let me get my money. Right now, I don't think Zeus Capital Markets is safe to use, so I really cannot recommend them.
    Translate to English
    2023-02-21 11:52
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    ヾ杨杨
    more than one year
    Tenga en cuenta que nunca opere con Zeus Capital Markets! Rechazaron mi solicitud de retiro por varias razones. También afirma congelar mi cuenta para investigar mi supuesto comportamiento sospechoso. Ahora no se puede abrir su sitio web, parece que se han fugado con dinero. El dinero que me estafaron no fue demasiado, ¡pero fue suficiente para que aprendiera una lección!
    Tenga en cuenta que nunca opere con Zeus Capital Markets! Rechazaron mi solicitud de retiro por varias razones. También afirma congelar mi cuenta para investigar mi supuesto comportamiento sospechoso. Ahora no se puede abrir su sitio web, parece que se han fugado con dinero. El dinero que me estafaron no fue demasiado, ¡pero fue suficiente para que aprendiera una lección!
    Translate to English
    2022-11-27 10:56
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