Zuercher Capital Review
Reason to avoid: No License
Listed Date: November 22, 2018
Top 3 Regulated Forex Brokers
Beware Zeurcher Capital is a Non-Licensed Broker. It is NOT SAFE to trade.
- Company name:
- Registration Address/ License:
Official location is not clear. No License, No Regulation.
Zeurcher Capital is an online trading provider that promises the simplest way to trade the top Cryptocurrencies through a modern and latest advancements in online technology. ZUERCHER CAPITAL mentions their worldwide coverage through offices including leading locations London, Germany, Spain and France, while the company has managed to become the largest Cryptocurrency broker serving Europe, Oceania, and the Middle East.
However, there is no any official mentioning about the company address, location, registration or even the legal name of the entity, which is rather suspicious than presentable for the investment firm. Considering abovesaid, it just seems that the broker is a non-regulated and, therefore, illegal entity, or maybe an offshore company, which is still not the one to trust.
In addition, the Austrian authority FMA issued warning against Zeurcher Capital, as the entity showed their activity without its legal permission, with a further follow-up of other European regulators in parallel.
“Zeurcher Capital is not entitled to carry out banking transactions in Austria that require a license. The provider is therefore not permitted to trade in financial futures contracts (futures) on its own account or on the account of others, including equivalent instruments settled in cash as well as call and put options on the instruments.”
In conclusion, the question about legal the status of Zeurcher Capital, warning from the reputable authority, as well as unclear information does not act towards the interest in the company. We recommend to avoid their offering and to choose among the CySEC regulated brokers or similar European Brokers, that enable customer and trading protective tools in order to deliver the sufficient environment.