Zealott Vest / zealottvest.com has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm states on website they are registered with The FCA when not - Breach of s24 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.zealottvest.com.
KYC with Zealott Vest / zealottvest.com is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast deposits|Dedicated account manager|Quick verification|Transparent fees
Cons: Alert system is basic
I invested $2,000 with Zealott Vest / zealottvest.com after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Zealott Vest / zealottvest.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Fast execution|Tax reports included
Cons: Minor UI glitches occasionally
I have been trying to close my account with Zealott Vest / zealottvest.com for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Market news feed|Transparent fees
Cons: No phone support on weekends|Limited cryptocurrency options
I found Zealott Vest / zealottvest.com while looking for alternatives to my previous provider and the initial impression was positive. But for nearly two years later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Demo account available|Economic calendar|Reliable uptime|Risk management tools
Cons: Search feature is basic
The hidden fees at Zealott Vest / zealottvest.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Wide product range|Competitive fees|Detailed reporting|Portfolio tracking tools
Cons: Account statements could be more detailed
Several red flags with Zealott Vest / zealottvest.com: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
If you are reading this considering Zealott Vest / zealottvest.com - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Quick verification|Easy withdrawals
Cons: Research section could be deeper