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Score
South Africa
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 16
Exposure
Score
Regulatory Index0.00
Business Index6.13
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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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
Expose
After deposit, the account liquidated twice. Then, I cannot contact anyore and the deposit account link is closed and cannot withdraw.
They have no empathy whilst perpetuating their fraudulent acts and they will do all in their will to milk you asking for payment after payment to process your withdrawal requests and each time you make payment they come up with another reason to ask for more payment. I have a cumulative sum of $32,000 lost to them
So another week passed with me expecting someone will contact me to resolve my issue with this site but no call or contact from them. Once again what seem to me would have been a simple task turned out to be an endless back and forth with Zeus, Besides having fintrack/ org file a class action that saw me get my money returned, it is actually difficult to make withdrawal from the Zeus capital system if you accept their bonus and terms of trade.
Even after paying tax, I am unable to withdraw my money. Customer care informed me that because I had a deposit of £55,600 from a third party, my trading account was suspended because they said i broke the law of against anti theft and tax evasion . I had to put deposit 15% of my investment into my account if I still wanted to withdraw which doesn’t make sense . I had to ask an Australian company called AssetsClaimback recovery service for a chargeback. Even after i made the 15% deposit this scammers called Zeus capital. still withhold my money
Been having withdrawal issues repeatedly with them for weeks despite several attempts to resolve it by contacting support and no success
It is a scam; when I deposited money, everyone was kind until I requested a refund. The account manager at Anchgo turns nasty as soon as they have your money, so it is better to keep your money instead or invest somewhere else. They refused to verify my account and made withdrawal difficult until I called for withdrawal under a complainant Assetsclaimback/com.
After three withdrawals of $35000, Zeus capital began to block all my future withdrawals. The customer service department said that I need to pay 30% profit tax for all the profits I earn, about $110000. I am not allowed to pay with my account balance. I was quickly locked out of my account. They began to let customer service be rude to me. I immediately knew that I had been cheated, but I couldn't do anything. Zeus capital should be cancelled.
Lots of positive reviews about Zeus Capital which makes me wonder who this people are because I have absolutely nothing positive to say about them, and I am sure many others will say the same, for weeks I tried to make a withdrawal but I wasn't able to and no one could give me an explanation as to what was going on instead I was told i'll have to put in more money to be able to withdraw I was forced to employ the services of Traceasset/ org which later resulted to a full refund of my money do not waist your time and money they will rip you of both.
We got into a little dispute because I was trying to withdraw money from my account. After realizing that every email I sent to Zeus capital was being ignored
After I got no response from Zeus I knew I had been duped, I had $80,000 to withdraw which was going on for a long time, many months of trading and making profits with no license to withdraw however, the class action fintrack/ org aided gave in to the return of funds that would have been otherwise stuck on the platform's account Save yourself the trouble of investing only to be manipulated all the way.
Do not trust them with your savings and earnings, they are fraud. I had a very bad experience with Zeus capital market , i would advise you to steer clear of the platform lest you want your money to go up in smoke. Little did I know that were just baiting me for more money. The customer service has slow response or no response and withdrawal is a big issue as well. Although they claim Withdrawal is simple it is the most difficult thing to do.
However, once you enter the trade, the price changes and you will find yourself in a trade with improbable odds, especially if you are short-term trading, which is highly manipulated. The true price and graphs will show as the true "live" price. Any long-term trades are closed off if you are making a sizable profit, and stop losses will be executed if the asset reaches a certain distance from the goal, whether or not it hits the stop loss price. They held my money hostage until the class action lawsuit Assetsclaimback/com was approved and my investment was paid back. Ingoinvest is too shady; it's more like gambling. I won't use them once more.
More than 1.8 million deposits have been made successively, and the customer service said that the position was too large and the position was liquidated. Perhaps the institution borrowed money to enter the account again, and today it is liquidated once again in one second.
Zeus capital conned me out of $97000; they barred me for a period of time; and then, out of the blue, I got some odd notice about a margin call, and the balance on my account was zero. Never trade with them; if you do, they'll freeze your account and claim that your documents aren't validated. Due to their lack of client service, trying to verify your account will take months, and in the end you will lose your money..
This company makes a lot of money by stealing money. They entice you to keep investing with them, but once you request a withdrawal, the transaction rate is manipulated and your money is gone. You lose everything, including your savings. They told me that if I tried to leave, I would be charged a higher exit fee. Zeus Capital's financial services license should be revoked. They don't work because they try to stop you from moving your money from their platform to better investment options. Please don't fall for their tricks.
I heard from their assistant yesterday on the afternoon of Sunday, June 19, 2022, that the platform suddenly jumped up and down more than 6,000 points after entering the first-hand Bitcoin, which led to the liquidation of the position. There was no news to stimulate it. In case all one second is gone, and the customer service did not give a reasonable explanation, I want to expose them. At the beginning, the customer service called and then entered the group and the live broadcast room to take us to do stocks, and then said that the funding gap led us to enter this Bitcoin to suppress the old beauty, and then I just followed suit. I didn't apply for withdrawal last Friday, but I didn't succeed. On Sunday, I lost all funds in my entire account.
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:
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.
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.
Market Instruments
Zeus Capital Markets website shows that the broker offers access to more than 60 trading products, covering forex, indices, metals and energies.
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.
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.
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.
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.
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.
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