Information about ZumaFX (www.zumafx.com) broker

[mario.herrera.cr]

Hello Dear Community,

I’m thinking of going live with the broker ZumaFX - https://www.zumafx.com (their Razor Account option looks particularly attractive to me because of its extremely low spreads).
I am not sure in what country they operate and their rules, although their site says SouthAfrica.

Anyone here has traded live with this broker?
Your feedback would be much appreciated!

Thank you,
Regards,

Mario Herrera

[chimmyfx]

Looks like they’re new. I can’t find any reviews or more info about them. Try looking for a more reputable broker for your live account.

[mario.herrera.cr]

Hello,

Thank you for your reply,

Ok, my second option is Pepperstone (https://pepperstone.com/).
There are more references about them, and are good.

Thank you,
Regards,

[khanfiasa]

Yes, you are better off with a broker who has been around for long and continues to get positive reviews. Stick with such ones and leave the new brokers for the new and unsuspecting traders.

[Bipin1800]

I have never used pepperstone but you check out this thread.

Pepperstone

I very much recommend this broker for numerous reasons. I as an EU citizen use its UK branch, which is regulated by FCA. That of course is one great thing to have. I’m trading with Pepperstone for a few months and so far everything worked well. When I had technical difficulties, their support was very fast, responsive and helpful as well. I count to pleasant bonus great webinars and analytical service from BKForex (Kathy Lien and co), special tools like Auto Charter and many other goodies.

[mario.herrera.cr]

Thank you guys for your help, I really appreciate it,

Yes, I saw a couple of good comments about Pepperstone, and also there are people here in Costa Rica using it,

Thank you,
Regards,

[Tradepunk]

They are regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No. 46044, and authorised + regulated by the Financial Services Authority of Seychelles with Security Dealer License no. SD006. Multiregulations are always a good thing, and I’ve traded with them. They have great customer service.