Broker Review

Unauthorised Firm Details

Name: Zenit World
Website: zenit.world

Zenit World promotes itself as a centralized cryptocurrency exchange that also offers derivatives, CFDs, staking, copy trading, and asset swaps. The platform advertises a MISA (Mwali International Services Authority) license, a low entry barrier, and claims of advanced tools. At first glance, it positions itself as a hybrid between a crypto exchange and a multi-asset broker.

However, closer inspection reveals serious risks:

• Incomplete Features: Many advertised tools are either inactive or not yet functional, such as mobile apps and certain trading instruments. Withdrawal options remain restricted for some users.

• Confusing Identity: While branded as a crypto exchange, the platform simultaneously advertises CFDs, forex, and indices, blurring its role and making regulatory oversight unclear.

• Weak Transparency: Details about the team, company history, and asset custody are missing. Licensing information is vague, and the MISA authorization is a weak offshore license with little enforcement.

• Suspicious User Feedback: Reviews are limited, with some pointing to withdrawal delays and inconsistencies in trading conditions. Positive mentions appear clustered, raising the possibility of manipulated feedback.

Bottom line: Zenit World has a glossy pitch and some surface legitimacy, but the incomplete features, unproven withdrawal capability, weak licensing, and poor transparency make it a high-risk platform. Investors should approach with extreme caution.

Location & Risk Notes

• Claimed Registration / Base: Zenit World LTD claims registration in the Comoros Union (Mwali) via the Mwali International Services Authority (MISA).

• License Status: Claims to hold a MISA license (number BFX2024011). While technically real, this license is offshore and provides little consumer protection.

• Domain / History: The domain zenit.world was registered in June 2022. Company registration tied to MISA occurred in 2024. The website only became fully active mid-2024.

• Customer Activity / Target Regions: Zenit World markets itself globally, encouraging deposits via cryptocurrency. Target audience spans Europe, Asia, and Africa, with no strict geographic restrictions.

• Regional Alert (India / Pakistan / Africa): Because Zenit World is licensed only in Comoros under a low-tier regulator, users in India, Pakistan, and African countries face heightened risk. These regions lack strong investor protections against offshore brokers, making recovery of lost funds nearly impossible.

• Recent User Complaints: Reports include withdrawal restrictions, vague account rules, and inconsistencies between advertised and actual trading conditions. Positive reviews are sparse and appear suspiciously concentrated in time.