Unauthorised Firm Details

Name: Zachs Invest
Website: zachsinvest.com

Zachs Invest Review – Strong Signs of a Scam Broker

Zachs Invest presents itself as a forex/CFD trading firm with multiple account tiers (Starter, Cash Flow, 2nd Income, Legacy, etc.), leveraged trading, bonuses, and large-scale features like “exclusive privileges” for higher deposit tiers. The site emphasizes attractive returns and a wide selection of assets. On paper it tries to look like a serious brokerage targeting both new and experienced traders.

However, a deeper look turns up many red flags:

• No Verifiable Regulation: The broker claims various jurisdictions (like St. Vincent & the Grenadines) but there is no record in official registries confirming legal or regulatory status. They don’t display any valid license number from reputable regulators.

• Short Operating History & False Claims: Domain registration shows they went live only recently (September 2024). Yet the website claims more experience, thousands of clients, etc., which cannot be validated.

• Opaque Withdrawal & Trading Conditions: Terms about minimum deposit, spreads, leverage are inconsistent and vague. Higher leverage is promised in big-deposit plans. Basic account tiers give minimal benefit but still expose users to risk. Withdrawal requests appear to stall or be denied.

• Poor Site Design & Misleading Marketing: The website uses generic design templates, heavy stock-photo usage, and flashy promises (e.g. “fast profits,” high returns). Legal/contact info is vague; phone numbers don’t match the claimed jurisdictions; addresses are incomplete or inconsistent.

• User Complaints: Many users report problems: withdrawal delays or denials, unresponsive support, inability to login or access promised tools, claims that “promotions” or bonuses have hidden conditions.

Bottom line: Zachs Invest shows many typical scam indicators: lack of regulation, misleading experience claims, withdrawal difficulties, vague trading conditions. It is highly likely unsafe. Avoid putting money into this platform. If you already have, document everything and consider reporting to your local regulator.