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Is ZoroGlobal a Scam Broker?

ZoroGlobal has lackluster web content, but there are a few signs that may encourage consumers to consider signing up. Although the headline, “There are many kinds of products” is weak, ZoroGlobal warns clients about the risks of trading and offers MetaTrader 4, which is a well-respected trading platform. When visitors to the site try to find information about the people behind the service and licensing, there is nothing on the site. 

Is ZoroGlobal a Scam or Legit Broker?

 Not only is there little transparency, but there are warnings against ZoroGlobal. Several European regulators have raised the alarm about ZoroGlobal. The CNMV in Spain has issued statements saying ZoroGlobal is a scam broker that is not regulated. This is enough to stay away from ZoroGlobal. It is important when researching brokers not to be fooled by perks, like a good trading platform or false signs of legitimacy. Ultimately what matters is licensing and any warnings regulators have issued against the broker. 

Here are some problems we have discovered from our research on ZoroGlobal and reviews:  

  • No License
  • Warning from the CNMV
  • Poorly written content
  • No Transparency
  • Bad reviews

ReportScamOnline experts have examined  ZoroGlobal and have discovered that it is a scam. If you want to trade, do some research and select only a regulated broker. If you need assistance finding a reliable broker or require fund recovery from a scam broker, consult with our professionals right away.

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