The Official Website Of ZorroTrade Cannot Be Accessed Normally At The Moment. The Company Seems To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-08 We Have Confirmed After Review That ZorroTrade Is An Unregulated Foreign Exchange Dealer
ZorroTrade Claims To Be Registered In Bermuda With Company Registration Number 51491. However, We Found Any Results In The Bermuda Monetary Authority (BMA) That Match This Broker. This Means That ZorroTrade Is An Unregulated Foreign Exchange Dealer. It Is Not Safe For This Dealer To Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Laws. It Is A Fake Trader
Since It Is Now Impossible To Access The Broker's Website, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That ZorroTrade Does Not Currently Have Any Valid Licenses.
But Most Brokers That Are Not Compliant Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: ZorroTrade As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
