Zend Trade Review

Is Zend Trade Scam or Legit Broker?

Zend Trade is not a safe broker. The company claims to be located in the USA. However, the company doesn't provide any information about its regulation and it doesn't seem to be licensed in the USA or any other country.

• It is not advisable to sign in with an unregulated broker. Unauthorized brokers do not follow any rules and guidelines, which means that traders and their trades are not protected legally.

What is Zend Trade?

Zend Trade is a Forex broker owned and operated by Zend Trade, Inc. The company claims to be located in the USA. The website offers various forex services across the world. The company doesn't provide any information about its regulation and it doesn't seem to be licensed in the USA or any other country.

• Moreover, New Zealand's regulator Financial Markets Authority (FMA) has issued a warning against Zend Trade:
  "We are concerned Zend Trade has the characteristics of a scam, including offering unrealistic returns and withholding client funds. We recommend exercising caution before dealing with Zend Trade or associated entities."

Zend Trade Review Conclusion

We strongly advise traders to avoid such unregulated brokers, especially when there are warnings against them. It is always safer to deal with companies licensed by reputable financial watchdogs such as UK’s FCA or Australia’s ASIC. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and BlackBull Markets.

Zend Trade Update

We found the Zend Trade website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come.