ZeegosFX Review – 5 things you should know about zeegos.online

ZeegosFX Review – 5 things you should know about zeegos.online

Beware! ZeegosFX is an offshore broker! Your investment may be at risk.

RECOMMENDED FOREX BROKERS

FXTM

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

 

ZeegosFX is a website that claims to be offering investment opportunities with Bitcoins. In their presentation they actually say they are offering an opportunity to “mine bitcoins” with three investment plans – classic, silver and gold – with guaranteed returns on investment of between
200% and 400%. And besides, they do not seem to offer a trading platform so we are not sure if we can define the web site as a broker.

However, we have some serious doubts about their regulatory status and legitimacy as a whole, so if you are considering investing with them be sure to read this review first.

ZeegosFX regulation & safety of funds

ZeegosFX is said to be owned and operated by ZeegosFX Ltd – a company supposedly based in the US and regulated in Belize. Unfortunately we were not able to find the name of the company neither in the registers of the International Financial Services Commission (IFSC) of Belize, nor in the list of the regulated members of the National Futures Association (NFA) – the US financial watchdog, where all companies offering financial services to US citizens should be licensed.

Also, you should be especially wary of any offers promising you unrealistic, guaranteed returns such as the investment plans described on the ZeegosFX website.

Keep in mind that you can feel safe about your investment only with brokers, regulated by respected financial authorities such as the NFA in the US, the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC).

All brokers, licensed by the above mentioned institutions are obliged to follow a strict set of rules, among which to keep all clients funds in a protected, segregated form their own, trust account, to maintain a certain minimum operational capital, to provide traders with a negative balance protection, to refrain form offering investment bonuses, to file regular reports, to allow external audits and in some cases even to insure traders funds.

Thus if you trade with a CySEC broker for example, your invested capital will be insured up to 20 000 EUR, while with FCA brokers the insurance will cover up to 50 000 GBP of your funds.

ZeegosFX deposit/withdrawal methods and fees

Except that they accept Bitcoins we are not told what other payment methods do ZeegosFX accept. Have in mind that most forex and CFD brokers work with major credit and debit cards like VISA and MasterCard and e-wallets like Neteller and Skrill.

The minimum deposit requirement vary between 500 USD and 5000 USD depending on the investment plan.

How does the scam work?

Scammers come with ingenious ways to get to your money. In the past months for instance, more and more people get scammed through the so called robo scam web sites like Crypto Revolt and Bitcoin Evolution, where investors are usually misled by unrealistic offers of guaranteed, fast and easy returns. The robo scam web sites are usually designed about a nicely cut promo video, telling you stories of how people got instantly rich by joining an innovative trading app or a platform. And you will be invited to join the platform as well – all you need to do is leave your e-mail and phone.

And if you do register, than you will be promptly transferred to the web page of a unregulated, scam broker, where you will have to deposit initially between 250 USD and 500 USD. In exchange you will be offered either some rather lucrative looking investment plan or the opportunity to trade. And take a note that initially your profits will look great and soon you will receive a phone call by a “senior account manager”, who will try to convince you to invest a more substantial amount – 10 000 USD or so.

Remember, however, no matter how successful your trades looks, you are dealing with a scam broker and nothing of this is real. Unfortunately most people realize they have been scammed only after they request to withdraw some of their funds. The withdraw will be simply refused, because of some minimum trade volume requirement, tied to a trading bonus, or if you are with an investment plan it could be something else. In any case scammers will not give you a single penny back.

What to do if scammed?

Be sure to immediately file for a charge back with your credit card provider – this is the only rational step you can take in case you are scammed. The good news here is that under the new anti scam policy, adopted by VISA and MasterCard, you will be able to file for a charge back within 540 days after you have made the deposit.

Also if for any reason scammers have tricked you to tell them your credit card number and online banking password, immediately change the password and cancel your credit card.

And finally do not accept the offers of the so called “recovery agencies” – they will just make you pay some money in advance without retrieving you a single penny back.

Top Forex Brokers

Broker Country Rating Min. Deposit Website
US 5/5 $50 Click for a special offerWebsite
Cyprus, Australia 4.97/5 $100 Click for a special offerWebsite
UK, Cyprus, Belize 4.95/5 $5 Click for a special offerWebsite
Australia 4.90/5 $100 Click for a special offerWebsite

5 Comments

  1. Hello, ZEEGOS FX IS A SCAM!!
    I got scammed by a Instagram User named Roberta Murphy who said that she was one of the Zeegos FX managers so she offered me to create an account to earn some money trought an investment.
    She was asking me to invest 200€ but I am a teenager so I cant afford that money; we reached an agreement of 50€ and she promised that after a week I would have 500€ return. Everyday during that week I logged in the account to see how my investment was and, the account showed a graphic and the theorethical profits you were having in that moment..a week passed and I ordered for my withdrawal..they instantantly asked me for a 200€ fee for an upgrade they made to my account…if you would have paid that they would have demanded me to pay other fees because I have other previous experiences like this…
    PLEASE LISTEN TO ME AND DONT INVEST HERE!

  2. I met this lady from Facebook. Her name is matyr Cheng angel. She says she is a broker, a financial manager. She told me if you invest 100$, then after a week I will be getting a profit of 1250$. Is this genuine or what..

    1. Did you invest in that

    2. With the same lady,I paid $100 but again she is asking me to pay another $100 to make $200 so that you can earn profit.I dont know what to do!! I just got confused.

    3. ZeegosFX (Zeegos.online ) this company scammed me for 1000 USD I have got a request from facebook with name Angel Fiona Cheng she claims that she is an employee of ZeegosFX (Zeegos.online ) and she says she will trade on behalf of us by using some auto robot software and she convinced to invest 200 usd and wil trade for 7 days and end of day she Told we can with draw funds we have started and she traded for 7 days and when we clicked on with drawl company asked to pay more money saying some reasons to pay they agreed to pay commission amount of 10 % after getting our amount into account now they suddenly changed company policies and asking to pay in advance they have tased me 3000 USD and 10 % is 300 USD I have paid that after that they told we need to pay some trade tax which will be 300 USD and they assure this will be last payment and we will getting our money after this payment we have paid 300 USD and that payment they asked to pay 200 USD more to update my account for future trade and told that is mandatory to paid to get amount released and we paid amount of 200 usd and then they again asked to pay 120 USD PayPal conversion fee to release amount I have stoped paid them and questioned them how long should I keep on paying you without getting money in my acc they told this is last and chasing me to clear it to get funds released . I will show the email what they send to me.

      Email 1

      Sorry for the delay In your profit transfer into your PayPal, we have actually finished processing your profit transaction into your wallet but has been left pending due to the fact that the company managerial board has decided to change company managerial policy,we discovered you have not paid your 10% commission of your account manager for trading for you as required, though you were supposed to pay after withdrawal but the company has changed our account manager policy as regards to recent past experiences whereby majority of our clients receive their profit after trading but fail to settle the account manager that traded for them, as such we decided to enter an agreement with company account managers that effect from march 1 6:26pm ,all clients must pay their 10% commission through company before Their profits will be sent to them, this was implemented yesterday after the board meeting which caused a delay in your transaction, so please proceed with the payment of your account manager 10% and get back to us so we can rectify the pending withdrawal as soon as possible.

      Messages has been sent to all our account managers concerning this new improvement,confide with your account manager
      Note: below is the withdrawal transaction into your PayPal that is still pending
      Thanks.

      Email 2

      We decided to review your country policy with respect to to your withdrawal and just like some of our other investors from locations like turkey, Spain, Kuwait, Greece, Germany, South Africa and Italy.

      Your country requires some legal dues to be settled ,we have however tried to settle them on your behalf by trying to deduct them from your account balance but we have been denied of this access as a third party company platform policy retricts us, as such we don’t have the permission to deduct any amount of cash from your balance. this has made the processing of your withdrawal to be on hold since yesterday.

      Below is the breakdown of all legal fees to be settled before your profit can be transferred to your PayPal.

      Exchange fee: $100

      Broker permit: $100

      Tax incurred : $100

      Sum total. : $300

      Reasons per why these fees could not be deducted from your trade account with the company at this time is because we have not been given legal authorization from the actual broker regulatory trading body. Kindly get back to us when you are ready to send the incurred fees.

      Thank you. Supportteam

      Email 3

      Hello

      We have proceed your payment to your PayPal but you have not received it because we find out that your autorobot system that is connected to your profile so you need to upgrade it with $200 so you can receive your profit immediately.. And you have to deposit it within 24hour to avoid error thank you …

      Email 4 :

      Your money withdrawal has been processed and will be paid to PayPal address [email protected] Total withdraw withdraw $3,000 which will be paid to your account in USD but however conversion cost incurred $120 needs to be cleared so you can receive profit in United States dollars… You need to pay this conversion cost as soon as possible..

      Thank you

      I here by request everyone who sees this review don’t invest with ZeegosFX Zeegos.online company and dont get scammed from them they keep on saying stories and will squeeze money from you.

Scammer Email ID : [email protected]
Facebook Profile name : Angel Fiona Cheng 
Whats app number : +13239771274

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

New evidence point at Russia for Coincheck hack

CoinCheck, the Japanese cryptocurrency exchange that was hacked