Score

2.24 /10
Danger

zenstox

Seychelles

2-5 years

Regulated in Seychelles

Derivatives Trading License (EP)

High potential risk

Offshore Regulated

C

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Comparison

Quantity 19

Exposure

Open Account
Website

Score

Regulatory Index1.37

Business Index6.33

Risk Management Index0.00

Software Index4.00

License Index1.37

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

VIE FINANCE SEY LTD

Company Abbreviation

zenstox

Platform registered country and region

Seychelles

Company website

WhatsApp

  • +97143118110

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2026-01-03
  • WikiFX has received a total of 17 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

I was scammed by the platform Zentox

I was scammed by the platform Zentox, which manipulates account balances and displayed profits. Although my account showed good profits, every withdrawal request was rejected under the pretext of needing to open new trades. When I insisted on withdrawing and closed all trades with a profit, my withdrawal was denied and my account was eventually closed. I transferred more than $23,000 in less than 20 days, dealing in good faith, only to discover that the account managers were dishonest and untrustworthy. I strongly warn others against dealing with this platform, as it appears to be impossible to withdraw any money from it.

2025-10-15 14:28
Scam

The MAS big scam

I opened an account with 180 dollars and received a 180 MAS bonus. I started trading as I had done with another Broker when a 'specialized advisor' called me (Rafael Montoya, specialist in losing my money). He made me open MAS of 10 buy and sell trades without considering there are 5 protected trades—any intelligent person would have opened the MAS risky ones with that. protection. The next day he called me to say that my trade was at risk and that I needed to make a deposit to protect it. I fell for it and deposited $650, for which they gave me a 200% bonus. But they also made me open 48 positions. Up to that point it looked good. On the 3rd day I was at risk again, we started closing profitable trades and reopening them. On December 31st, they called me to say I had to deposit $1,980 or my account would be closed due to risk margin. That if I didn't do it, I would lose the MAS out of $10,000 they "had made me earn".

2026-01-02 09:50
Scam

Dear Sir,I am writing

Dear Sir, I am writing to formally report a serious issue regarding my investment with the company Zenstox, under account number 1165359. I was misled into making two deposits totaling $5,000 USD through my assigned account manager, Mr. Chaker. Following these deposits, I was contacted by another individual claiming to be from “Al Maliye”, who pressured me into making an additional deposit of $4,000 USD, stating it was required in order to process my withdrawal. Unfortunately, after making all payments, I am now unable to access or recover my funds. No one is responding to my withdrawal requests or communications. I now strongly believe I have been the victim of a scam. I request your assistance in investigating this matter and taking the necessary actions to help me recover my money.

2025-06-27 20:26
Resolved

Zenstox account rabih Hanna file number 11188215

Dear sir, I'm writing this message to explain for you my situation with zenstox. I'm rabih Hanna customer invest with zenstox company my account number 11188215 after several deposit in my account amount of 73000$ with my manger account, miss lamia alali and Mr Saleh alsheikh this manager always we provide me a way to deposit money and didn't withdraw till date as my last week account I'm withdraw from my account approve amount 57000$ and after 3 days zenstox rejected my situation very bad financially due to your manager descion without any results I'm from lebanon as I'm also in this time and my country in bad situation, Please management I need from you to help me to withdraw from my account at zenstox company as since around one year my file open without any withdraw Always I'm deposit money in my account as per your manger descion without any result Kindly urge you management to withdraw at list my deposit or equivalent because I'm in bad situation financially

2024-10-27 22:28
Scam

Warning about Zenstox

I am one of the victims of Zenstox. The company claims to be a trading platform, but in reality, it is a fraudulent scheme that manipulates account balances and fabricated profits. Although my account showed a positive balance and profits, it was impossible to withdraw even 1 USD. Every time I requested a withdrawal, they pressured me to deposit more money, threatening that I would lose everything otherwise. My account managers treated me in an abusive and unethical way – shouting, insulting, blackmailing, and forcing me to sign documents under pressure. They never responded to my withdrawal requests unless I signed those papers. I have audio and video evidence proving that this platform is fake and purely fraudulent. I strongly warn everyone to stay away from Zenstox and never deal with them

2025-08-17 06:13
Scam

TOTAL SCAM

If you, like me, heard about this so-called company and researched it online and ended up here, if you've already deposited the $200, get out. If you haven't, you're lucky. They assign you a supposed advisor who talks about risk management and everything very professionally, earns your trust, you deposit $1000, begin to see profits, ask for a withdrawal, which takes forever, they never send it and then they make you open a bunch of trades which you'll lose, and that will be the perfect excuse to tell you that 'the market is volatile'. And if they didn't make you deposit more money (as in my case, I only deposited $1000) because they asked for an extra $2k, do not trust this company. All the comments here 'approving' the platform are fake, all the reviews here are for bots, they're bot comments in Chinese, Hindi or I don't know what, and in English. Do not believe in this 'investment' platform. The websites endorsing this platform are fake, they are paid websites telling you they are 'real'.

2025-05-23 07:59
Scam

FRAUD

Unfortunately, I was also a victim of this 'company.' They ask for an initial deposit of $200, but they lure you in with supposed benefits and promise triple profits in just a couple of days. Then, they ask you to open multiple trades—some generate profits, while others cause heavy losses—so they demand you deposit more money to avoid losing the account. Later, they offer new benefits, convincing you to deposit more money, claiming you’ll recover your investment and make substantial profits in a short time. But the same thing happens again: your advisor asks you to open losing trades, and then a different manager contacts you, warning that if you don’t deposit more, the account will be lost. It seems their business model relies on loss-making trades because they profit while pressuring you to keep depositing until you can’t anymore—and you lose all your money.

2025-08-13 22:10
Unable to Withdraw

Manipulation, scam and humiliation

My experience with this company began with 200 units on July 4, 2025. When I deposited that amount, they doubled my sum, which indeed happened. The next business day, an executive named Marco contacted me. He would guide me and suggest operations to start earning and learning. He said that with such a small account, I wouldn’t gain anything. I replied that I couldn’t invest more than what I had already put in. and that I was living just barely making ends meet, when I saw no, after a week they assigned me another one just like it I said no, after almost a month and a bit more my account started growing and taking shape, I already had over 1,000 units and climbing, but then a young lady named Sarai Chavez arrived, in a manner both sweet and firm, convinced me that I had to deposit 1,000 USD to leverage the account and generate more returns, to which she offered me a, 300% more than what I could get, and I set out to obtain personal loans. I didn't reach the amount I needed—I managed to get 7,000 from several loans combined, but they didn't last a week with their fees and expenses. I lost everything and was never able to withdraw any money.

2025-09-25 10:45
    zenstox · Company summary
    Zenstox Review Summary
    Founded2022
    Registered Country/RegionSeychelles
    RegulationSeychelles FSA (License No. SD123)
    Market InstrumentsForex, Stocks, Indices, Commodities, Cryptocurrencies
    Demo Account/
    LeverageUp to 1:200
    SpreadFixed spreads (example: CFDs on Cryptos - 0.50%)
    Trading PlatformZenstox Custom Platform, XCITE Mobile App
    Min Deposit$200
    Customer SupportEmail: customer.service@zenstox.com
    Phone: +97365003849
    WhatsApp: +97143118110
    Online Chat

    Zenstox Information

    With more than 300 CFDs among its many other trading instruments, Zenstox offers a variety of trading options. Zenstox has mobile access and user-friendly interfaces for beginners and pros, but its inactivity and CFD expenses are more than average.

    Zenstox Information

    Pros and Cons

    Pros Cons
    Regulated by Seychelles FSAHigh inactivity fees
    Wide range of instruments (300+ CFDs)Lower leverage for Cryptocurrencies (1:2)
    Custom platform and mobile app for flexibilitySwap fees on overnight positions

    Is Zenstox Legit?

    Zenstox holds a Retail Forex License from the Seychelles Financial Services Authority (FSA) under SD123. Since this legislation is offshore, traders should be cautious and assess the risks.

    Is Zenstox Legit?

    What Can I Trade on Zenstox?

    Zenstox provides CFD trading covering more than three hundred premium symbols. Offering traders a range of investment choices, their portfolio consists in well-known CFDs on Forex, equities, indices, commodities, and cryptocurrencies.

    Tradable Instruments Supported
    Forex
    Stocks
    Indices
    Commodities
    Cryptocurrencies
    What Can I Trade on Zenstox?

    Account Types

    Two major forms of trading accounts are provided by Zenstox, each designed to meet varying trading requirements.

    Account Types

    Leverage

    Based on financial instruments, Zenstox enables flexible leverage. More leverage increases risks and profits. Traders must control risk to avoid large losses.

    Instrument TypeMaximum Leverage
    CFD on Forex, Gold, Silver, and CL1:200
    CFD on Indices and Commodities1:100
    CFD on Shares1:10
    CFD on Cryptocurrencies1:2
    Leverage

    Zenstox Fees

    Zenstox's trading fees are higher than the industry standard, particularly for inactivity and cryptocurrency CFDs.

    Spreads: Fixed spreads ensure transparent pricing, even during volatility.

    Rollover Fee (Swap):

    CFDs on Forex, Stocks, Indices, and Commodities: 0.02% of overnight exposure

    CFDs on Cryptocurrencies: 0.50% due to high volatility

    Zenstox Fees

    Non-Trading Fees

    Non-trading Fees
    Deposit FeeFree
    Withdrawal FeeNot mentioned
    Inactivity Fee$500 per inactive quarter (after 3 months)
    Credit-Out RuleActivated after 45 days of inactivity

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for what kind of traders
    Zenstox Custom PlatformWeb-based, DesktopTraders seeking a simple and intuitive interface
    XCITE Mobile AppiOS, AndroidMobile traders who need access to the global markets anytime
    Trading Platform

    Deposit and Withdrawal

    Zenstox accepts deposits and withdrawals with minimal fees for trading accounts denominated in USD.

    Deposit Options

    Deposit Options Min. DepositFees Processing Time
    Bank Transfer$200Free1-3 Business Days
    Credit/Debit Card$200FreeInstant

    Withdrawal Options

    Withdrawal Options Min. Withdrawal Fees Processing Time
    Bank TransferNot MentionedNot mentioned1-3 Business Days
    Withdrawal Options

    News

    ExposureThe "VIP" Trap: Inside the Algo-Trading Nightmare at Zenstox

    Despite claiming legitimate regulation, Zenstox has become the subject of an alarming surge in complaints regarding blocked withdrawals and aggressive account mismanagement. WikiFX investigates the pattern where "personal account managers" allegedly guide traders into debt, only to lock the doors when it’s time to cash out.

    WikiFX
    2025-12-12 18:30
    The "VIP" Trap: Inside the Algo-Trading Nightmare at Zenstox

    ExposureZenstox: A Trader’s Nightmare? An Inside Look at Alleged Scams and Unethical Practices

    Rabih, a seasoned investor, initially trusted Zenstox’s promises of profit and support through dedicated account management. However, this trust quickly turned into frustration and despair, as he realized his investments were seemingly locked with no hope of retrieval.

    WikiFX
    2024-11-06 17:42
    Zenstox: A Trader’s Nightmare? An Inside Look at Alleged Scams and Unethical Practices

    ExposureTrapped by Promises: Moroccan Trader Loses Over $10,000 to Zenstox

    A Moroccan trader's encounter with repeated deposit demands and an inability to withdraw funds from Zenstox (VIE Finance Sey Ltd) exposes major concerns with the broker's transparency and highlights the importance of researching platforms before investing.

    WikiFX
    2024-10-25 17:32
    Trapped by Promises: Moroccan Trader Loses Over $10,000 to Zenstox

    ExposureA trader from Morocco accused Zenstox of blocking the withdrawal

    Recently, the negative views against a broker called Zenstox have been sherd into the light. One such case involves Zenstox, a broker that has come under scrutiny for its questionable practices.

    WikiFX
    2024-09-19 15:19
    A trader from Morocco accused Zenstox of blocking the withdrawal

    User Reviews

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    User comment

    22

    Comments

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    FX1873796032
    0-3months
    Abri una cuenta con 180 dolares y me dieron un bono de 180 mas. Entré a operar como lo habia hecho con otro broker y en eso me llama un "asesor especializado" (Rafael Montoya especialista en perder mi dinero). Me hizo abrir mas de 10 operaciones de compra y venta sin considerar que hay 5 operaciones protegidas, cualquier persona inteligente hubiera abierto las mas riesgosas con esa protección. Al dia siguiente me llamó a decirme que mi operación estaba en riesgo y que debía hacer un deposito para protegerla, cai y deposité 650 dolares mas a lo que me dieron 200% en bonificación. Pero también me hizo abrir 48 operaciones mas. Hasta ahi se veia bonito. Al 3er dia estaba nuevamente en riesgo, comenzamos a cerrar las operaciones en positivo y las volviamos a abrir. El 31 de diciembre me llamó a decirme que debia depositar 1,980 dolares o mi cuenta se cerraba por el margen de riesgo. Que si no lo hacia iba a perder los mas de 10,000 dolares que me "habia hecho ganar",
    Abri una cuenta con 180 dolares y me dieron un bono de 180 mas. Entré a operar como lo habia hecho con otro broker y en eso me llama un "asesor especializado" (Rafael Montoya especialista en perder mi dinero). Me hizo abrir mas de 10 operaciones de compra y venta sin considerar que hay 5 operaciones protegidas, cualquier persona inteligente hubiera abierto las mas riesgosas con esa protección. Al dia siguiente me llamó a decirme que mi operación estaba en riesgo y que debía hacer un deposito para protegerla, cai y deposité 650 dolares mas a lo que me dieron 200% en bonificación. Pero también me hizo abrir 48 operaciones mas. Hasta ahi se veia bonito. Al 3er dia estaba nuevamente en riesgo, comenzamos a cerrar las operaciones en positivo y las volviamos a abrir. El 31 de diciembre me llamó a decirme que debia depositar 1,980 dolares o mi cuenta se cerraba por el margen de riesgo. Que si no lo hacia iba a perder los mas de 10,000 dolares que me "habia hecho ganar",
    Translate to English
    2026-01-02 09:50
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    ~S~
    3-6months
    لقد حصلت على الربح من خلال التداول ، وأنا لا يمكن تسوية الانسحاب عندما كنت إيداع .
    لقد حصلت على الربح من خلال التداول ، وأنا لا يمكن تسوية الانسحاب عندما كنت إيداع .
    Translate to English
    +1
    2025-10-31 02:53
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