The brokerage company, registered in Comoros Union and regulated by MISA, positions itself as a reliable broker. Although the firm claims to strictly adhere to “standards for greater transparency,” there is no information about the project’s history and its creators.
Is trading on this platform profitable? Should you trust your money to this intermediary, or is it a disguised deception? To draw a conclusion, we will consider the terms of cooperation and legal aspects of this broker in the Zenit World review.
How to Trade
The financial agent promises to give every client the opportunity to become a crypto trader. The company offers forex/CFD trading, as well as a “simplified solution” for buying, selling, exchanging, or staking cryptocurrencies. The Fees & Conditions section contains the following information:
- $10.5 minimum deposit.
- Hundreds of types of digital coins, from ETH to ENA.
- Trading fees – Maker fee 0.15, Taker fee 0.15.
There is no deposit fee, while the withdrawal fee depends on the type of cryptocurrency. Zenit World services include Derivatives trading, Launchpad, Copy Trading.
There is a feedback form on the website. In addition, you can follow the links to the broker’s 7 types of social media accounts. It should be noted that the company has announced the development of an application for mobile devices.
Zenit World Vital Info
As we have already said, there is no information about the project, the company’s managers, and its employees on the site. How long has this platform been functioning? Checking the domain shows that it was created in June 2022. Furthermore, the company was only registered in Mwali in early 2024.
The broker claims that the firm is registered in Comoros under the number HT00224006. The only thing known about the broker’s regulation is that it has an offshore license, which seems to confirm its legality. Yes, Zenit World LTD is indeed authorized, we found it in the Island of Moheli registry, under the number BFX2024011. However, for clients from other countries this does not matter, since the protection of this offshore regulator does not extend to residents of other jurisdictions.
I faced a problem when funding my account, my funds were lost while transferring from a crypto wallet to an account with Zenit world I had already said goodbye to my money as I have a negative experience with crypto brokers. However, the staff at this firm helped find my funds and credited my account within a few days. I am pleasantly surprised that the support at a crypto broker can be so skilled, it's a new thing for me! Although, the functionality on this platform is of medium level, and the liquidity is low. Commissions are small, but not the lowest on the market. Beginners can trade here with peace of mind, as there is competent support, which you can pester with questions 24/7.
To be honest, I did not like this project, because the tokens here are in a bad situation, so you can trade with little profit only in bitcoin and ether, unfortunately.
I chose this company for a reason. I was looking for a broker with affordable margin trading and decent liquidity. In addition, I liked the small withdrawal fee and low entry threshold on zenit.world. I needed a small deposit and all the crypto coins I needed are available here. The developers have proven themselves to be good. I reduced my score by 1 point for the fact that there is no qualified support, although I racked my brain a bit and was able to understand the platform easily. However, this service is not suitable for beginners.
In my opinion, you can use this platform for interaction on VTS/LTC or ETN/LTC pairs, but for other positions it is useless. There is nothing for an arbitrageur to do here, there is no point in cooperating with ZENIT WORLD, since arbitrage is impossible here due to the meager set of currency pairs, you are unlikely to find profitable offers on this platform. Accordingly, you will not be able to find a big price difference, and no one will release you from the gas commission. In my opinion, ZENIT WORLD is a very primitive cryptocurrency platform, which has a narrow direction for making any orders on pairs. Trading volumes here are small, they are not reflected in liquidity, despite the fact that a lot of users trade on this resource.
I lost over 12,400 USDT on this platform. At first Zenit world managers promised me high profits, but when I decided to withdraw the money, they refused me. They said I had to pay taxes, but when I did, they demanded more money for insurance. I realized that these are scammers and they are cheating me!! and I stopped communicating with these managers. zenit.world is a scammer, avoid them!
The company scammed me! Managers convinced me to invest a significant amount of 3.96k XRP, after beautiful promises and favorable offers. Naturally, I did not receive any high income. However, when I tried to withdraw my money, first Zenit world employees started delaying payments and then demanded to pay commissions, but never withdrew anything. All in all, my conclusion is obvious - this is just another offshore scam. Strangely, I didn't realize it before, although I have trading experience.
I should have looked more closely at the documentation for this project. However, I did not do so, as it turned out - it is a scam and I have suffered big losses, more than $1.7k.
If you ask me to recommend a good crypto broker, I will say Zenit World. This broker has low commissions, pretty good technical support and most importantly the terminal is cool, without unnecessary options, but all the functionality is present, and I am happy with the speed of the platform, well done for optimizing your system, I will continue to trade on this platform.
This is the worst brokerage dump, crooks are looking for fools, cooperation with them will result in nothing but damage for you. I left about 3,780€ in my Zenit World account and regret it quite a lot. The personal tutor was scamming me out of my money, he told me that the deal of the century was about to happen and helped me lose money, obviously he did it on purpose.
I did not like this crypto exchange. Trading volumes are not bad only for Bitcoin and Ether, but for the rest of the coins - complete illiquidity. In general, I would not recommend this exchange for active trading because of the fact that they are not suitable for this type of trading commissions for transactions. The only thing ZENIT WORLD can be suitable for is medium or long term trading. However, I am an intraday trader and all the money I deposited on this exchange, I quickly withdrew.
Guys, stay away from this company - they are big liars! They don't fulfill their promises, they promised me big profits but I didn't get anything, moreover, I lost 238 euros here in a transaction in crypto, I tried to contact them but to no avail!! Scam! Fraudsters!!!
These freaks stole my 376 euros and they are not responsible for anything. Do not trust this broker, you will not be able to withdraw your money.
This broker, although not having many asset offerings, does a good job. Orders are triggered quickly, liquidity is acceptable, the only thing I don't risk to do here is to store digital coins for a long time and invest them in long-term projects, because Zenit World doesn't have a serious license and they have a decentralized status, which the project will retain in the future, and I think it's not too reliable. On the downside, I think the company should change the staking functionality as it is not very clear and is a bit confusing to me. I can't say that I am very satisfied with this broker, but there are not very many negative points in its work either.
I have no doubts that this is an honest broker, as I quickly withdrew all my assets from zenit.world. However, I was left dissatisfied with this project as they don't add new coins and there are very big liquidity issues here. In short, it seems to me that this project has no future, especially since their competitors, on the contrary, are developing at a very high rate.
I trusted 816 LTC to these scammers and suffered financial losses. The managers persuaded me for a long time, convincing me that I would be able to multiply my investment. It was all a scam!!!!
Hi guys, please tell me how I can get my money out of here? I deposited a small amount, but I still wouldn't want to lose it.
The scammers work professionally. At first they obsessively persuaded me to invest as much as possible, promising instant results. And I believed, but I deposited money on zenit.world much less than they asked - only 130 dollars. I thought that if they are crooks and they steal my deposit, I won't feel so bad. That's money I can afford to lose :) And I was not mistaken - the crooks from zenit.world really stole my money. As soon as I wanted to withdraw my funds, they started ignoring my messages. I was not even surprised by this turn, because initially I did not trust this fake broker, although I was offended, because I hoped for better cooperation. But now I can say honestly - it is an absolute deception. I recommend everyone to stay away from this company!