ZZ Coin has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for a few weeks now with ZZ Coin I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Responsive team|Quick verification|Fast execution
Cons: Search feature is basic
For anyone considering ZZ Coin, please be aware that this company has been flagged by Financial Markets Authority. 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
Opened my account with ZZ Coin after hearing about them at a conference and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Helpful community forum|Economic calendar|Market news feed
Cons: No live chat on mobile
The so-called education at ZZ Coin 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 I opened my account last year thinking they would help me learn.
Pros: Professional team|Excellent charting|High security standards|Two-factor authentication
Cons: Desktop app not available on Linux|Website design could be more modern
Tried to withdraw my funds from ZZ Coin 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: Blocked my account|No legitimate license|Fake returns
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. ZZ Coin said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Excellent charting|Regular updates|Quick verification|Reliable uptime
Cons: Research section could be deeper
After for over three years with ZZ Coin, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Clear documentation|Detailed reporting|Helpful community forum
Cons: Inactivity fee applies after 12 months|No dark mode on mobile
I was about to invest with ZZ Coin but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
My card was charged twice by ZZ Coin on the same day. I had to dispute it with my bank. ZZ Coin then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Wide product range|Segregated accounts|Helpful community forum|Good analytical tools
Cons: Account statements could be more detailed
I was contacted by ZZ Coin through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials