zencryptopro-fr.wocomii.com has been flagged by AMF (France) for "Unauthorised". Category: Crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: zencryptopro-fr.wocomii.com.
I have been trying to close my account with zencryptopro-fr.wocomii.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: Segregated accounts|Tax reports included
Cons: Slow to add new assets|Charting tools need more indicators
zencryptopro-fr.wocomii.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Portfolio tracking tools|Social trading features|Two-factor authentication|API access
Cons: Charting tools need more indicators
The only good thing about zencryptopro-fr.wocomii.com is that they remind you why regulation matters. I found them through a podcast recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Competitive fees|Multi-currency support
Cons: Spreads widen during volatile periods
The reporting at zencryptopro-fr.wocomii.com is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Good analytical tools|Good mobile app|Risk management tools
Cons: Currency conversion fee exists
The hidden fees at zencryptopro-fr.wocomii.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: Transparent fees|Tax reports included
Cons: Currency conversion fee exists
I lost a significant amount because zencryptopro-fr.wocomii.com did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Economic calendar|Risk management tools|Full transparency|Customizable dashboard
Cons: Some tools only available on higher tiers
KYC with zencryptopro-fr.wocomii.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: Clean UI|Two-factor authentication|Educational resources|Wide product range
Cons: Research section could be deeper