The UK-based company invites users to “join the millions of traders around the world” who trade on its “cutting-edge trading platform”. The firm boasts of its “professional brokers” who have made the service “the first choice for many Arab investors”. However, the site owners do not provide any documents confirming the existence of this organization and its regulation.
How reliable is this platform? You will find out from our Zodiac Speck review, in which we explore this broker’s working methods and legal aspects.
How to Trade
The brokerage firm caters to wealthy clients as it offers account registration with a minimum deposit starting from €10,000. If you deposit €1,000,000, you will receive the following services:
- Trading E-book, markets reviews, webinars.
- Customized account, exclusive marketplace updates, trading room.
- Social trading, 1 risk-free trade, advanced VOD.
There are 7 tariffs available for clients. There is no information about spread, leverage, commissions and other trading conditions. The account registration form contains a Referral Code.
Educational and other additional services are not available on this platform. Analytics is presented on the site by a ticker with quotes for major currency pairs.
Zodiac Speck Vital Info
The site owners did not bother to develop an “About Us” section and tell about the history of the project, the broker’s team, and the competence of its experts. However, the age of the domain indicates that the platform started working only in May 2024. This clearly indicates that the service has only existed for a few months and does not have a solid reputation in the market.
According to information on the official website, the company’s office is located in the UK. Despite this, there is no information about the firm’s licensing and accreditation. Therefore, we checked the legitimacy in the British official registers. Predictably, we did not find any mention of Zodiac Speck there. Since this brokerage organization has not received permission for its activity from the FCA, it has no right to provide financial services to clients in the UK.
I had a demo account and I liked the terminal. When I switched to a live account, I realized quickly that I was in a financial scam and I tried to withdraw my capital. However, the scammers did not let me do that. ZODIAC SPECK employees started demanding I pay for insurance. They brazenly requested an amount of 50% in the application for withdrawal. Do I agree with such conditions? There is a clear calculation that clients will refuse to fulfill such brazen demands and their accounts will be immediately blocked, allegedly for laundering dirty money. In short, that's exactly what the scammers did to me.
I decided to finally stop on this broker after a long search. Because the most favorable trading conditions are here, as well as adequate call-center employees, who do not cause problems with long waiting times for inquiries. I would characterize trading with Zodiac Speck as profitable and calm. I work my strategy, spend 4-5 hours a day on weekdays and earn in the range of $730-900 dollars per month. This is a very good option for me.
This “broker” turned out to be some weird knockoff of a real financial intermediary. Perhaps the firm is trying to attract more clients, but it became clear to me, after a short time of trading on zodiacspeck.com, that the platform works under the influence of manipulators. By the way, what is even more unpleasant is that the company does not refund my money. I requested a withdrawal of 8,760 dollars, but over time my request disappeared and the money remained on this platform. Zodiac speck is a common scammer. I now know this for sure. So I advise everyone: be extremely careful. Don't start working with scammers!
I had the worst experience with this scam project! I invested €17,000 and the money disappeared from my account after three days!!! All I got in return were endless excuses and false promises from the employees of this company. At first, they said they would take care of the problem and everything would be fine, and then they stopped answering calls and messages...
I cannot say anything positive about this intermediary. I analyzed the information about this company and found a lot of signs of potential fraud and deception of clients, namely: lack of any regulation. The firm has no licenses allowing brokerage activity; there is no experience. The domain was created in 2024 for this forex scam; trading conditions are unknown, with a minimum account of €10k, and you have to submit your documents for verification to see trading on a demo account. And so on. There are quite a few red flags, and all of them make it impossible to call ZODIAC SPECK a reliable and safe partner.
The broker has not disappointed me once, I give this company 4 points. It deserves more, but I have not been trading for a long time so far and I have to make sure of my evaluation. I can rely on the honesty of the broker both in the trading and withdrawal process.
I am very outraged because they are scammers! They stole my 27,300 US dollars overnight. My balance was zeroed out as if there was no money in my account!!! What is this, a scam? No one is answering my calls, and emails, complete silence. This is some kind of thief, not a broker! I can't believe I fell for such a scam.
I am testing this brokerage organization and I can't say anything bad about it at the moment. I deposited 11,400 dollars, after trading on the demo version. I chose the initial rate, and increased my capital by 830 dollars using an aggressive strategy, after which I applied for withdrawal. Zodiac speck staff asked me to go through verification, without this money cannot be withdrawn. I sent the documents. They checked the documents at once, and I received my money the next day, on the e-wallet, from which I made a deposit. So, I am satisfied with the service. In general, I have no complaints about the service, everything is fine. The trading terminal also suits me. The platform works stably. There are practically no lags. The chart display is also good. The execution does not hang. I have to check the work of managers and only after that I will decide whether to trust this broker with a higher amount, but until I will not deposit, it is risky.
I confirm that this is a B-book scheme! I am very angry that I believed these scammers and gave $13,000 to some thieves to manage. I only saw a profit of $328 in my Zodiac speck account, and the scammers wouldn't let me withdraw it. They said I had to increase my turnover to have more trading volume, and when the profit was bigger I could withdraw the money... In fact, I lost all the funds in a week on one leveraged trade: both the money that I invested initially and the money that I earned. Then I found out that it was set up by crooks who ran the trade on their false resource, and I believed in this scam...
My experience of trading here is overly negative. I wrote complaints to tech support, mainly about the work of the trading terminal, which is 100 times worse than the popular platforms Metatrader, Libertex and others. First of all, the terminal slows down a lot. It appears when entering and opening a deal, and when changing the chart and timeframe. Secondly, orders are opened with a strong delay. It is not requotes, which is quite standard for trading, but there is a delay of 4-5 seconds, and the order is opened not at the price I wanted. Well, of course, I'm talking about market orders. Withdrawal of money there is also a drag. A delay of several days is the absolute norm for zodiac speck. I couldn't trade here effectively and left to another platform. I advise you to do the same.
I decided to expand my investments through Forex, and I chose Zodiac speck. It was a terrible decision :( Their “business strategies” turned out to be a complete scam. With their help, I drained over 4,000 euros in a week. When I tried to withdraw the rest of my money, the broker blocked my account. Now I realize that it was a well-planned deception... Don't believe the scammers. This is a B-book. Don't fall for the enticements to invest in such schemes!
I opened an account at zodiacspeck.com because I was attracted by the trading conditions. I deposited 11,500 usd and started trading. I was happy with the company at the start. Everything was going well, and there was even a profit. But then I started to have problems with the withdrawal of money. Tech support operators said that everything was fine and I just had to wait a bit. In the end, I have been waiting for two months :(