Zachs Invest Review and Website Analysis

Have you ever come across brokers promising huge profits, endless opportunities, and “unique” conditions? Most likely, yes. And in most cases, such companies turn out to be scams. This Zachs Invest review is aimed at exposing yet another forex dealer that only tries to show its best face.

Brief Overview

• 🖥Official Website: https://zachsinvest.com/
• ✈️Contact Address: HQ in London, United Kingdom
• 📞Customer Support: [email protected], +1 289 246 1790
• 🔐Licensing and Accreditation: no
• ⏳Track Record: 2024
• 🧰Specialization: brokerage service
• 🤝Terms of Cooperation: $250, 1:400
• 💰Additional Services: personal manager, business plan, analytics

Zachsinvest.com Examination

The Zachs Invest website is a textbook example of how not to create a brokerage platform. Let’s start with the design. It’s so generic that it feels like the developers couldn’t be bothered to come up with anything original. Alternating black and white backgrounds with bright orange buttons? We’ve seen this a thousand times on fake websites.

The combination of a dark background and white text not only strains your eyes but also makes the site dull and unreadable. The design isn’t just bad — it’s outdated. It looks like it was made in the early 2010s and then abandoned, never to be updated.

There’s a lot of text on the website. Way too much. And 90% of it is meaningless fluff. The legal address is only partially listed, and there’s no important information about the Zachs Invest activities. The site is overloaded with unnecessary content, seemingly added just to fill space. If you strip away all this meaningless filler, there’s nothing left.

Some sections are poorly designed, with text and images overlapping each other. For example, the tariff plan section is a complete mess. Just take a look at the screenshot below.

Everywhere you turn, there are cheap stock photos of businessmen in suits, a hand with a watch, a glass of champagne — are these supposed to inspire trust? No. They’re laughable. There’s no shortage of such images on the internet, and they come across as fake and tacky.

The end result is a dull and useless resource that delivers nothing but promises. They didn’t even bother to try and make it look polished. In 2024, traders will no longer fall for websites like this. The Zachs Invest website is just a collection of generic templates and grandiose phrases. It feels like it was thrown together in a single day just to exist.

Company Contacts

Let’s take a look at Zachs Invest’s contact information. There’s really nothing interesting here. However, a few suspicious points do stand out. First, there’s a Canadian phone number, even though the office is listed as being in London. Second, no reputable broker uses a “.email” domain for official operations. This looks like a temporary solution or cheap hosting, not a solid organization. For a legitimate company, such a domain is simply disgraceful.

The company’s address is another issue. “HQ in London, United Kingdom” is not an address. It’s just a city and a country. Where are the specifics? Where is the street, the office? If the company is confident in its legality and transparency, why don’t they provide a full legal address? Reputable brokerage firms list their exact location, down to the floor number. Here, something is clearly being hidden.

Another oddity is the working hours. Why does customer support operate strictly on EST time? Why would a London-based company align itself with Eastern Standard Time in the United States? This is another red flag: most likely, Zachs Invest doesn’t have a real office in London.

Key Conditions

The trading conditions do not look competitive or favorable. Zachs Invest doesn’t disclose many critical parameters, and the available data is shocking. Let’s start with the minimum deposit. $250 is a typical amount for any unregulated broker. In practice, if a company sets the minimum deposit at $250, it is almost guaranteed to be a scam.

However, what do you get for this money? Almost nothing. Let’s break it down. The positives: “access to 300 assets” and “market updates”. What does this mean in practice? Most likely, you’ll receive nothing more than a basic list of instruments and sparse analytics that are freely available on the internet. Everything else falls into the negatives.

The other account tiers demand outrageous deposit amounts — $50,000, $100,000, and even higher. In return, clients are offered increased leverage and more diverse additional services. In short, Zachs Invest is simply extorting money from traders.

Leverage of 1:100 – 1:400 is a direct violation of regulatory requirements. Serious financial authorities prohibit firms from offering leverage higher than 1:30. This applies to regulated brokers, but Zachs Invest clearly lacks a license since they advertise leverage up to 1:400. However, we’ll discuss licensing a bit later.

Special mention must be made of their promises of “managers”, “plans”, and “analyses”. All these features are only available to those who deposit large sums. Otherwise, you’re left to trade on your own without any support. This means beginners receive no help, even if they pay $250. Essentially, the basic account is just worthless.

Spreads are listed as starting from 1.5 pips, and nothing is mentioned about commissions. Yet another drawback.

Exposing Zachs Invest

Now let’s move on to the most important part — why this is a scam. To start, let’s focus on licenses, which this broker does not have. The company says nothing about regulation. However, given their stated address in London, we can check the FCA registry to confirm the absence of a license with 100% certainty.

As expected, Zachs Invest is not listed in the FCA registry. An FCA license is a mandatory document for any broker operating in the United Kingdom. If a company doesn’t have it, then it is operating illegally. Here, they don’t even mention a license.

Why is there no license? Most likely because this company doesn’t exist in the UK. A quick check of the UK Companies House registry confirms that the London address is fake.

Zachs Invest boldly claims “15+ years of experience” on their website. However, when we check the domain registration, the truth becomes clear. The domain zachsinvest.com was registered just a few months ago. In other words, the company popped up out of nowhere recently, yet they’re trying to sell us on a story of years of experience. No legitimate broker would lie like this.

Another major red flag is the complete lack of transparency. There is no information about the company’s leadership. Nothing about the team or analysts. You won’t find any names or faces of the people supposedly “helping you earn money”. Real companies always showcase their leadership and experts. Zachs Invest seems to hide them because they simply don’t exist.

What Reviews Do Users Leave?

Be careful when searching for reviews about this company online. The fact is, you might come across fake positive comments. Zachs Invest engages in such shady tactics. These scammers pay for fake positive reviews about themselves. Why? To convince beginners to trust these comments and send money to the fraudsters. By the way, honest and reliable firms don’t do this. Only unregulated brokers resort to such practices.

Conclusions

Zachs Invest has no positive traits. Therefore, we cannot recommend this platform for trading. They have no licenses, and no legal registration, and their domain was registered only a few months ago. There is no such thing as 15 years of experience here.

Pros/Cons

FAQ