Ziraxia has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Ziraxia is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city: London, England. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: ziraxia.com.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Ziraxia is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
Several red flags with Ziraxia: (1) They promise unrealistically high returns, (2) They're not registered with Autorité des marchés financiers, (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: Flagged by Autorité des marchés financiers|Cannot verify credentials
I had high hopes for Ziraxia after hearing about them at a conference, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Great customer service|No hidden fees|Transparent fees|Portfolio tracking tools
Cons: Wish they had more educational resources|Alert system is basic
The so-called education at Ziraxia is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since last summer thinking they would help me learn.
Pros: Dividend tracking|Personal attention|Multiple order types|Educational resources
Cons: Could offer more webinars
For anyone considering Ziraxia, please be aware that this company has been flagged by Autorité des marchés financiers. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
Ziraxia 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: Tax reports included|Market news feed
Cons: Some tools only available on higher tiers
Tried to withdraw my funds from Ziraxia and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: No regulatory oversight|Money disappeared|Fake testimonials