Fxzonetrade is a broker registered in 2023, primarily offering trading services in binary options, forex, and cryptocurrencies. The platform provides customer support mainly through email and phone to ensure users can get timely assistance and support.
Company Background:
Fxzonetrade is a trading platform that offers services in binary options, forex, and cryptocurrency trading. The platform claims to be committed to providing a diverse range of trading products and services to clients worldwide. Its official website is https://www.legalcloudfx.com/, and the domain was registered on May 9, 2023, meaning the company has been established for only a year.
Although the company claims its office is located at 10940 Wilshire Blvd. Suite 870 Los Angeles CA 90024, critical details about the company's entity, leadership, and registration information remain unclear and are not disclosed publicly. Additionally, the platform's website design shares a striking similarity with those of other brokers like cryptofastminersfx.com, dropowermarket, and Fxtrademining, indicating they might be using the same website template. Despite offering diversified trading services, Fxzonetrade's insufficient information disclosure and website template similarity necessitate caution for investors choosing this platform.
Regulatory Status:
Fxzonetrade claims its business is regulated by the Commodity Futures Trading Commission (CFTC) in the United States, the International Financial Services Commission (IFSC) in Belize, and the Cyprus Securities and Exchange Commission (CySEC). However, upon verification, no records about Fxzonetrade were found in the registration and regulatory records of these financial regulators. This suggests that the company's regulatory status may be dubious, and its claimed regulated status could be misleading.
This lack of transparency raises questions about the company's integrity, and investors should be wary of its claimed regulatory status. To ensure the safety of funds, investors should thoroughly investigate the actual regulatory status of the platform before trading. Only after confirming the platform is legitimately regulated should one consider trading to avoid potential risks.
Trading Products:
Fxzonetrade, based in the United States, offers a variety of trading products to meet the investment needs of clients worldwide. Its main trading products include binary options, forex, and contracts for difference (CFDs). Binary options trading allows investors to profit from predicting asset price movements, while forex trading covers a wide range of currency pairs, providing rich trading opportunities. CFD trading lets investors trade on price differences without actually holding the assets, covering various asset classes such as stocks, commodities, and indices.
Additionally, Fxzonetrade focuses on blockchain technology investments and offers trading services for various cryptocurrencies. Major cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), and Ripple (XRP). The company is committed to promoting the adoption and innovation of blockchain technology, combining the advantages of traditional finance and emerging blockchain technologies to provide a unique trading experience for clients.
Account Registration:
Fxzonetrade offers a convenient account registration process consisting of a few simple steps. First, users need to fill in personal basic information such as name, gender, address, email, and phone number to ensure the completeness and accuracy of the registration information. Next, users need to set a secure password to ensure the confidentiality and security of account information. Finally, users need to choose their preferred currency type for future trading operations. Upon completion of registration, users will receive an account and password that can be used to log in to the Fxzonetrade trading platform and begin enjoying various trading services.
Account Types:
Legal Cloud Fx offers four flexible account types to meet the needs and preferences of different investors. From the Starter Plan with a minimum deposit of $300 to the Premium Plan with a minimum deposit of $1500, each account type comes with 24/7 customer support, professional charting tools, and timely trading alerts to accommodate investors' various needs. Choosing the right account type can help achieve a better trading experience and higher investment returns. Below are the details of each account type:
Starter Plan:
- Minimum Deposit: $300
- Features:
- 24/7 Support: Provides round-the-clock customer support to ensure investors can get help and support at any time.
- Professional Charts: Equipped with professional charting tools to help investors perform technical analysis and decision-making.
- Trading Alerts: Provides timely trading alerts to help investors seize market opportunities.
- Expected ROI: $2,778
Silver Plan:
- Minimum Deposit: $700
- Features:
- 24/7 Support: Provides round-the-clock customer support to ensure investors can get help and support at any time.
- Professional Charts: Equipped with professional charting tools to help investors perform technical analysis and decision-making.
- Trading Alerts: Provides timely trading alerts to help investors seize market opportunities.
- Expected ROI: $4,289
Gold Plan:
- Minimum Deposit: $1000
- Features:
- 24/7 Support: Provides round-the-clock customer support to ensure investors can get help and support at any time.
- Professional Charts: Equipped with professional charting tools to help investors perform technical analysis and decision-making.
- Trading Alerts: Provides timely trading alerts to help investors seize market opportunities.
- Expected ROI: $7,167
Premium Plan:
- Minimum Deposit: $1500
- Features:
- 24/7 Support: Provides round-the-clock customer support to ensure investors can get help and support at any time.
- Professional Charts: Equipped with professional charting tools to help investors perform technical analysis and decision-making.
- Trading Alerts: Provides timely trading alerts to help investors seize market opportunities.
- Expected ROI: $9,556
Customer Support:
Fxzonetrade offers various customer support methods to ensure users can get timely assistance and support. Users can contact the platform's support team by sending an email to support@Fxzonetrade.com for prompt responses and solutions. Additionally, users can contact Fxzonetrade directly for real-time phone support by dialing +1 (561) 491-5256.
Summary:
Fxzonetrade is a U.S.-based trading platform offering services in binary options, forex, and cryptocurrency trading. Despite claiming to be dedicated to providing a diverse range of trading products and services to clients worldwide, the company lacks sufficient information disclosure and has dubious regulatory status, raising several concerns. The website shares a striking similarity in content and design with other brokers, suggesting the use of a similar template, which questions its independence and credibility. Investors should exercise caution when choosing this platform. Fxzonetrade offers four different account types, from the Starter Plan with a minimum deposit of $300 to the Premium Plan with a minimum deposit of $1500, each equipped with 24/7 customer support, professional charting tools, and timely trading alerts to meet the various needs of investors. However, investors should note the relatively high minimum deposit amounts and carefully consider the risks.
Currently, Fxzonetrade is marked as "Suspected Fraud" on TraderKnows.