The broker’s website is owned and operated by a company that is registered in the Comoros Islands. It also has subsidiaries in Cyprus and Mauritius. According to the website, the intermediary has two licenses and 9 awards obtained since 2021. However, offshore registration and regulation raises questions for us. Is it worth trusting your funds to this organization? How safe and profitable is trading on this platform? We will try to answer these questions about the broker in our Zarvista Capital Markets review.
How to Trade
The brokerage firm offers its clients to trade through the MetaTrader 5 platform. The following trading conditions are listed on the website:
- Three account types with deposits ranging from $50 to $500.
- Maximum leverage up to 1:500.
- Maximum trade volume of 0.01 lots per order.
- Margin Call 100%.
Clients get access to a welcome bonus of 30% and a special Ramadan promotion. The broker offers a demo account for practicing trading skills and a swap-free account.
The site has access to trading signals, the economic calendar, and news. Contact with technical support is possible via online chat and a feedback form.
Zarvista Capital Markets Vital Info
We failed to find information about the company’s founding date and its team members on the website. It should be noted that the history of the broker can be traced in the “Awards” section of the website, where there is a hint about its work already in 2021. By the way, there are no supporting documents about the awards. Moreover, the domain was not registered until May 2024. Could an online project work for three years without a website and still receive awards? This raises questions about the experience and reliability of this intermediary.
Regarding regulation, the broker claims to have two licenses, namely MISA with number T2023293 and FSC with number GB23202450. Indeed, we found this company in the Mauritius Financial Commission registry. In addition, Zarvista Capital Markets, with the number HY00623401, is also on the list of registered organizations in the Comoros, but is on the list of suspended companies due to non-payment of the annual fee. In any case, the presence of the company’s license in the offshore zone means that its activity is not supervised by the regulator in other jurisdictions. This means that the protection of traders does not extend to residents of all other countries.
The company's work is imperfect and there are weaknesses that need to be addressed. It is clear that you will not please every user, but I think it is a matter of honor for a company like ZARVISTA CAPITAL MARKETS to objectively evaluate problems and try to solve them! However, in fact, it turns out to be the opposite. The company does not go towards the client - all the negativity is blocked, it is useless for you to contact the support service. The company dictates its rules to clients, and you have no opportunity to challenge them. In our time of incredible competition in the forex brokers market, this is a way to nowhere! The company will soon lose all its clients if it acts in such a way!
The broker offers many different types of CFDs available for trading, but stocks are not one of them. When you open an account, you immediately choose the amount of leverage you want to use. However, this does not mean that by setting it to 1:500 you will always be able to use it. Leverage for cryptocurrencies is usually limited, and the broker is forced to reduce it during times of high market volatility to control losses. There are a few payment methods at zarvistacm.com, but the number of supported cryptocurrencies is growing. The settlement currency is US dollars. There is a choice of platforms between MT4 and MT5. In addition, another platform available is MatchTrader, but I have never used it as I am completely satisfied with MetaTrader
I didn't expect to be scammed by this broker, as everything was fine and my earnings were steadily increasing. The fraud manifested itself when I applied for withdrawal: after I filled in all the fields of the application, Zarvista simply restricted my access to my account! I lost more than 2,370 dollars. Since there is no owner information on the zarvistacm.com website, I don't know who to contact with claims…
My impression of the broker there is not very enthusiastic, this firm disappointed me a bit. Before registering it seemed to me that this is an ideal company, but everything turned out to be completely wrong. Yes, there are no problems with depositing money, it comes instantly, and there are no big problems with withdrawing earnings either, the administrators here pay everything, even though they do not comply with the regulations. However, there are other problems on this site: there are not enough tools and no interesting offers for those who are ready to invest more money. I left my account open here for now, let it be like that, besides I have already started a couple of orders long ago, but still I will be looking for another broker in the near future.
Never invest money in this project: you will not only be cheated, but also humiliated! I will tell you about my experience. A representative of ZARVISTA CAPITAL MARKETS called me and offered to invest 800 dollars, despite the fact that their minimum deposit is several times lower. He guaranteed me a decent profit, and I couldn't refuse, plus they had favorable conditions and numerous promotions. I started to earn a lot of money: in two weeks I had almost 2.5k dollars on my account! However, fortune turned away from me, as the broker's employees blocked my account :( The technical support operators said that the score of the verification of the origin of my funds is 0 and that they can't help me... They are crooks, I wish I could rate their work also 0 points!
Technical support “pleased” me, you can say, even made me laugh with its incompetence. I did not expect this! They do not understand anything in Forex trading. All my questions simply put them in a deadlock. So what kind of company is this?!!!!!
The broker has never canceled or blocked my withdrawal requests, although the transfer speed is not the fastest. The thing is that my profit is withdrawn exclusively by bank transfer, so the money arrives 1-2 days, depending on the time of processing the request by the company. I would like to note that Zarvista capital markets has floating spreads, but they always widen within reasonable limits. I have never encountered spreads of 10-20 pips on major currency pairs like other brokers. I am not ready to switch to a VIP account yet, because it requires at least 500 dollars. But I have already reached the level of Professional account with tighter spreads, which is quite satisfying for me.
I traded here almost 8 months ago, and I had a lot of complaints. In fact, it turned out that the conditions here are unfavorable and uncomfortable: low-quality platform, slow execution, active requotes. Getting profit here is considered a miracle. The withdrawal is not very good either. You will be lucky if you get your money back
This broker blocked my trading terminal for about half an hour.... I lost $140 during that time. This is my first and last day trading with this fraudulent broker. I hope I can get my money back
As soon as I started to withdraw money, I got my account zeroed out and blocked. I realized that it is much easier for this broker to not pay out profits, break stop losses and act AGAINST clients
It is there professional casino, not a broker! Zarvista CM does not strive for honesty or transparency, they extort money under any pretext and withdraw it from clients' accounts, blaming it on platform failures. I am sure of it, as I can not get my funds and the answer to my complaints, their employees do not respond to my requests through feedback channels! I strongly advise you not to pay attention to this scam!
I suspected ZARVISTA CAPITAL MARKETS was a scam but for some reason I thought maybe it would work, but now I know from my own experience that they are scammers and they don't withdraw money... I tried to send a withdrawal request but they asked for my bank card PIN, I sent it but the reply came back that the code is wrong.... They say you need to reset the PIN code through support, I write there, but no one answers and I don't know how to get my money back. Friends, have any of you encountered this? Help me to understand.
I'm not going to say anything good about these scammers, the website zarvistacm.com has information that is completely untrue, just take the spreads - they are up to 27 pips in a calm market, even when there is no news. Are these crooks completely mad?!!!!?
The intermediary deducts 8% commission on every withdrawal, which not all brokers do. The average spread on EURUSD on the basic account is 12 pips. This is not the lowest indicator on the market, but there are no hidden commissions, which is a plus. You can contact the support team in various ways on any day of the week, except weekends. For me it is inconvenient because I trade not only currencies but also cryptocurrencies, so I need to be in touch with the support team on Saturday and Sunday. I do notice slippages on zarvistacm.com, but it doesn't happen very often and sometimes stop orders are canceled for no reason
I lost some money trading here. I wanted to collect the remaining $115 and suddenly the managers are doing everything they can to not return my funds. I realized that this company is a total scam and the government needs to shut down the site of these scammers. Do not contact them no matter what they promise you!