Score

1.23 /10
Danger

ZYZ Capital

Mauritius

1-2 years

Suspicious Regulatory License

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.86

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

ZYZ Capital

Company Abbreviation

ZYZ Capital

Platform registered country and region

Mauritius

Company website

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ZYZ Capital · Company summary
ZYZ Capital Review Summary
Founded 2013
Registered Country/Region Mauritius
Regulation Unregulated
Market Instruments Forex, metals & energies, cash indices, CFDs
Demo Account Yes
Promotions Zero fees and free VPS
Leverage Up to 1:200
EUR/USD Spread From 0 pips
Trading Platform ZYZ Capital MT5
Customer Support Live chat, social media, phone, email, address, contact us form

What is ZYZ Capital?

ZYZ Capital, a brokerage firm based in Mauritius, provides a range of financial instruments including Forex, metals & energies, cash indices, and CFDs to its clients. Notably, it's essential to highlight that ZYZ Capital currently operates without regulation from any recognized financial authorities.

ZYZ Capital's homepage

In the upcoming article, we will comprehensively analyze this broker's attributes from various angles, delivering clear and well-organized information. If you find this topic intriguing, we encourage you to continue reading. At the conclusion of the article, we will provide a concise summary to offer you a quick grasp of the broker's key features.

Pros & Cons

Pros Cons
• Tiered accounts • Unregulated
• MT5 trading platform • Lack of transparency on commissions
• Tight starting spread • Not available in certain areas

Pros:

  1. ZYZ Capital's four tiered accounts offer customizable trading conditions, catering to diverse client needs.

  2. The MT5 trading platform provides advanced features for efficient trading.

  3. Tight starting spreads from 0 pips enhance cost-effectiveness, benefiting traders with competitive pricing.

Cons:

  1. ZYZ Capital's unregulated status raises concerns about investor protection and oversight.

  2. Lack of transparency on commissions could lead to unexpected costs for traders.

  3. Limited availability in certain areas such as United States, North Korea restricts accessibility and potential client reach.

Is ZYZ Capital Legit or a Scam?

When considering the safety of a brokerage like ZYZ Capital or any other platform, it's important to conduct thorough research and consider various factors.

  • Regulatory sight: The absence of valid regulations under which the broker operates signifies potential risks, as it lacks the guarantee of comprehensive protection for traders engaging on its platform.

No license
  • User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedback from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.

  • Security measures: ZYZ Capital safeguards client funds with an A Class Insurance for up to 0.5 Million USD. All client funds are kept separate in segregated bank accounts, ensuring no commingling with company funds, ensuring utmost financial protection.

Ultimately, the choice to trade with ZYZ Capital is a personal decision. It is important to thoroughly assess the risks and benefits before arriving at a conclusion.

Market Instruments

ZYZ Capital offers a diverse range of financial instruments catering to various investment strategies and preferences.

In the forex market, clients can trade currency pairs, taking advantage of fluctuations in exchange rates between different currencies. With access to major, minor, and exotic currency pairs, traders have ample opportunities to capitalize on global economic trends.

Metals and energies trading at ZYZ Capital provides investors with exposure to commodities such as gold, silver, crude oil, and natural gas. These markets allow clients to speculate on price movements driven by geopolitical events, supply and demand dynamics, and macroeconomic factors.

Cash indices represent a basket of stocks from a specific region or sector, allowing traders to speculate on the overall performance of the underlying market, enabling investors to diversify their portfolios and hedge against market volatility.

Contract for Differences (CFDs) enable clients to trade on price movements of various financial instruments without owning the underlying asset. ZYZ Capital's CFD offerings especially focus on commodities.

Account Types

ZYZ Capital offers four distinct account types: Standard, VIP, ECN and Banking Spread accounts. Each account type caters to different trading preferences and levels of experience. Clients can choose the account that best suits their needs, whether they prefer standard trading conditions, enhanced benefits, or direct market access.

Additionally, all account types provide access to dedicated account managers and 24/5 dealing department transaction hotlines for support and assistance. However, minimum deposit for each account is not available, interested users should reach the broker directly for clarification.

Account comparison

How to Open an Account?

To open an account with ZYZ Capital, you have to follow below steps:

  • Visit the ZYZ Capital website, locate and click on the 'Register button on the right corner of the mainpage.

click on the 'Register button
  • Fill in the necessary personal details required.

fill in personal details
  • Complete any verification process for security purposes.

  • Once your account has been approved, you can set up your investment preferences and start trading.

Leverage

ZYZ Capital provides flexible leverage options across all account types, allowing traders to amplify their positions in the market.

With leverage ratios of up to 1:200 for Standard, VIP, and ECN accounts, and up to 1:100 for Banking spread account, clients have the opportunity to magnify their trading potential and capitalize on market opportunities.

Leverage enables traders to control larger positions with a smaller amount of capital, amplifying both profits and losses. However, it's essential for traders to understand and manage the risks associated with leverage carefully.

Spreads & Commissions

ZYZ Capital offers competitive spreads across its range of account types. The Standard account features spreads starting from 2.0 pips, while the VIP account offers tighter spreads from 1.8 pips.

For traders seeking the lowest spreads and direct market access, the ECN account provides spreads from 0.8 pips. Additionally, the Banking spread account offer spreads starting from 0 pips, providing a cost-effective option for those prioritizing minimal trading costs.

While ZYZ Capital provides detailed spread information, commission details are not disclosed. Traders are advised to consult the broker directly for commission rates.

Trading Platform

ZYZ Capital offers a seamless trading experience through its MT5 platform, accessible across various devices including Windows, web, iOS, Android, and macOS.

Traders can start trading within 5 minutes, thanks to the user-friendly interface and intuitive design. The platform boasts an automated CRM system for efficient management, while its MetaTrader 5 functionality ensures access to a wide range of trading tools and features.

Additionally, ZYZ Capital provides the best IB program with highly competitive commissions, rewarding partners for their efforts.

MT5

Promotions

ZYZ Capital is rolling out a series of promotions designed to cater to both new and seasoned traders, enhancing their trading experience across various dimensions:

Zero Fees

  • No Fees on Deposit/Withdrawal: Facilitates free movement of funds into and out of trading accounts without incurring any charges.

  • Funds Credit is Instant and Automatic: Ensures that all deposits are credited instantly and automatically, allowing traders to act quickly on market opportunities.

  • Available for MT5 Accounts: These benefits are specifically available for users of the MetaTrader 5 platform, which is renowned for its advanced trading capabilities.

FREE VPS

  • UK and USA Servers: Provides robust server support from strategic locations in the UK and USA to ensure optimal trading execution speeds.

  • High-Speed Connectivity: Critical for traders who rely on real-time data and execution to maximize their trading strategies.

  • Limited-Time Only: These offers are available for a limited period, emphasizing the urgency for traders to take advantage of them promptly.

Bizz Demo contest

  • Lucky Draw - $1000 Each Prize: Participants in the Bizz Demo Contest have the opportunity to win one of three $1,000 prizes by demonstrating superior trading skills in a simulated environment.

  • Register in Bizz Demo Contest, Start your Trading: Traders are invited to register and participate in this contest, which challenges them to exceed 10,000 standard lots and generate profits on a demo account.

  • Special Seasonal Bonuses and Exclusive Offers from BizzTrade: Contest participants also gain access to special seasonal bonuses and exclusive offers from BizzTrade, adding additional value to their engagement in the contest.

Promotions

Deposit & Withdrawal

ZYZ Capital offers a comprehensive range of payment options to cater to diverse client preferences and needs.

Traders can conveniently fund their accounts using Visa, Mastercard, BPAY, UnionPay, POLi, PayPal, Skrill, Neteller, FasaPay, and bank transfer. This extensive selection ensures flexibility and accessibility, allowing clients to choose the payment method that best suits their convenience and requirements.

Payment options

Customer Service

ZYZ Capital provides comprehensive customer support through live chat, phone, email, and a contact us form. Social media channels including YouTube, Instagram, Facebook, TikTok and Telegram are also available as supplementaries.Clients can easily reach out for assistance, ensuring prompt and efficient resolution of inquiries for accessibility and responsiveness to meet client needs effectively.

Email: info@zyzcapital.com.

Phone: +2302089022.

Registered Address: St Denis Street, 1st Floor, River Court, Port Louis, Mauritius.

Physical Address: Plot no. 872 - Building no. 1, Floor no. 31 Silver Tower Althanyah Fifth, JLT Dubai UAE.

Contact form

Conclusion

ZYZ Capital, a brokerage firm registered in Mauritius, offers forex, metals & energies, cash indices, CFDs as market instruments to traders. However, the current lack of regulation from recognized authorities should prompt concerns for investors. Regulation typically ensures financial oversight, protecting clients from possible malpractices.

Therefore, individuals considering ZYZ Capital as their broker should be cautious, do their own research and explore alternative, regulated brokers that prioritize transparency, security, and client protection

Frequently Asked Questions (FAQs)

Question 1: Is ZYZ Capital regulated?
Answer 1: No. It has been verified that this broker is currently under no valid regulation.
Question 2: Does ZYZ Capital offer demo accounts?
Answer 2: No.
Question 3: Is ZYZ Capital a good broker for beginners?
Answer 3: No. It is not a good choice for beginners because it is unregulated by any recognized financial authorities.
Question 4: Does ZYZ Capital offer the industry leading MT4 & MT5?
Answer 4: Yes, it offers MT5 on Windows, web, iOS and Android.
Question 5: At ZYZ Capital, are there any restricted areas?
Answer 5: Yes, ZYZ capital does not offer services to the residents of United States, North Korea and other counteries which are prohibited by the regulatory body (FSC) as per repective AML polices.

Risk Warning

Online trading involves significant 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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

User Reviews

More

User comment

1

Comments

Write a review

FX1684593876
more than one year
I received awesome service from the agent, shame he was so patient and helpful, had extensive knowledge and was quick to respond, thank you so much.
I received awesome service from the agent, shame he was so patient and helpful, had extensive knowledge and was quick to respond, thank you so much.
Translate to English
2024-05-31 18:51
Reply
0
0