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Zeno Forex Trading Review: Zenoforextrading.com Legit or Not?

Zeno Forex Trading Review: Zenoforextrading.com Legit or Not?

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Zeno Forex Trading is a Forex trade platform, a product of the Zeno Strategic Groups. It claims that it has all it takes under one roof: to spontaneously make successful traders. This site claims to have all prerequisite traits that make the bragging rights legitimate.

It is an automated trading platform that boasts of having a regulated asset management team. Because it claims that it offers non-intervened Forex trading experiences, it continues to lash out harsh claims that all trade gets managed and regulated by forex brokers, specifically handpicked to ensure maximum profit.

They also boast of massive spreads, a 24/7 trading experience. We came across repeated claims that it operates on ‘Alpha amazing trdr’ strategy, a correlational strategy that helps the vendor ensure that customers continuously enjoy the profit from carried out trades. Notice the misspelling in the name, now that’s a red flag. Beware! Reckless errs mark malice when it comes to trading.

The website’s layout is pleasant graphically, though it still marked by a couple of misspells and use of vague maze, ambiguous- diction. Forex trading is a very profitable venture if practiced under the right condition: a trader is bound to enjoy relentless profits trickle from the trades carried out.

Therefore, if you want to own that lavish ‘pigeon car’ or a mansion down in Santorini via forex trading, ensure all laid out dos and don’ts are adhered to; embrace legitimacy and transparency.

In this review, we are going to highlight the core elements that form our bases of analysis. An analysis aimed at helping you make informed decisions on this venture towards settling for Zenoforextrading.com

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Live Manual Forex Trading

Zeno Forex trading platform apparently offers trade signals and alerts every weekday. On top of such a lucrative offer, it garnishes it all with live, online webinars from 08:00hrs -22:00hrs. These fourteen hour-long webinars are meant to aid trade experience, and there is a flashy claim of a live-screen display of trades. The best part is that there are purported, well-clarified entry and exit points.

Zeno Forex Trading Review, Zenoforextrading.com Platform

The boasting of an almost omnipotent marketing strategy, linearly laid-out procedural processes that equate profits on both: the vendor’s and trader’s side are some of the preposterous claims made on this website.

Daily Live Trading Desk

The quality of customer care services offered by a company is very crucial to the company’s success. Seemingly trying to address this, this Forex trading platform boasts of providing a five days per week live trading desk, from 08:00hrs to 16:00hrs UK time. If desk, customer-related questions and FAQs are responded to immediately. Also, manual trades get narrated with full provision of a clearly articulated market analysis.

Claims hold that ‘educational items,’ impactful new bulletins and company news update are but just some of the additional material accessible here too

There are claims of having a world-class team with vast trade experience, yet there is no mentioning of their names nor a quick insight on trade history and experience. Another red flag! Vague claims yet again.

Zenoforextrading.com Investment plan and brokers

They partner with the MT4 Forex trading broker whom the vendor claims to be handpicked and possibly very closely tied to the vendor. Due to the former claims, the problem address is not cumbersome. Some of the investment plans offered by this forex trade software include; Automated Plan.

The minimum deposit for this plan is £1000. Whilst requesting for this huge amount of money, the vendor strategically applies a satirical tone to persuade traders into depositing with them.

The other plan is The Manual Trade Plan, which requires a minimum deposit of £500. The interesting element on these vague claims provided is that there is no provision of even the slightest bit on the strategy applied by this software. However, the vendor claims that this unknown strategy helps utterly lower drawdowns and allows consistent profit generation.

 Amazing customer support

Zeno Forex Trading software claims that it owns one of the best customer-care support systems because there is the provision of webinars where traders acquire one of the best educational materials to enhance their trading experiences. Plus also, immediate screen display responses to customer-related questions and Zeno trading strategies related questions.

 Zeno Forex Trading Registration

After reading through the website, you come across an affiliate link that contains a registration form that is supposed to be filled in by the prospective trader. One is supposed to provide a username, email address, first name, last name, passwords and country of residence.

Listed under the affiliate link that leads to the registration page is the ‘How it works’ page link. Apparently, this page is provided in order to give one a proper understanding of the mechanisms of the dynamics that enabled this forex trading platform to generate as much profit as it claims. See, when we clicked on this link, there was a peculiar web-behavior.

We found out that the vendor provides a single link as two distinct links; the same link provided under the registration page is the same provided for the how it works page. It is a communication doubt that the vendor does not want to give that much insight. This is yet another red flag as impulsive traders may end up registering and depositing into the account without the full comprehension since the links play a trick on their brains.

Company data

This company seems to be launched in 2010 as a purely manual trading software that provided money signals during opening hours. We bumped into the webinars provided now still being provided then. However, the cost of membership is about £49.99 per week and £100 per month. This fee is for the manual and automated plans, respectively.

Trade results

Trade results in make-up a huge deal when it comes to distinguishing between legitimate and fraudulent scams. However, in our case, the best this owner could do was display a manually synthesized chart. We all know that the best trade charts, bound to satisfy all necessary conditions, are the Myfxbook chart.

These charts are displayed for the months of September and October. Beware! Mainly due to the fact that validation evidence contains fishy tarnishing.

Social media, Website traits, security features and rankings

It is common sense for any thriving company to showcase success on different social media handouts ensuring that regular updates are made on the posts. It is very illogical as Zenoforextrading.com lacks a convincing social media network. Most posts date back to a year ago, leaving us wondering whether all the success claims made are valid or not.

Having an Alexa rank of 10,110,103 makes us more skeptical on the amount of traffic relative to the claims made on the site. It seems like this Forex trading platform is still in its toddler stage of development. If it indeed had accrued substantial online traffic, the ranks would serve as testimonials.

The official domain, Zenoforextrading.com, possesses; an Http response code of 200, a response time of 1.92 seconds. It was created on 14/08/2019 at 09:34. The last update was done on 15/07/2020, and it expires on 14/08/2020. From this data, it is safe to infer that it is no longer operating legitimately.

Final Verdict

From the trail of traits vivid from in-depth research, we are yet to verify the legitimacy of this Forex trading software. Thus, we request prospective traders to refrain from seeking Zenoforextrading.com services till all absurd obscurity gets some light shed upon.

Therefore, always try sticking to loyal and credible Forex trading platforms that have met the required thresholds.

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