Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
JV1s24K_g0ld
Within 1 year

Does Zora charge any undisclosed fees when you make deposits or withdrawals?

Broker Issues
Zora
Fees and Spreads
04-02
United States
WikiFX
Reply

As a trader who prioritizes transparency and regulatory oversight, I approach brokers like Zora with significant caution. Based on my research, Zora operates without any recognized regulation and holds what appears to be a suspicious regulatory license. This alone immediately raises my risk antennae, as unregulated brokers can lack accountability mechanisms that help protect traders from unfair practices, including hidden fees. Although Zora has been in operation for five to ten years, the absence of clear regulatory information means that the processes around deposits and withdrawals are not independently supervised. I could not find any reliable, publicly disclosed details regarding their fee structure for deposits or withdrawals. What deeply concerns me, however, is that the one available user review explicitly mentions difficulties with withdrawals—specifically, the trader was unable to retrieve their funds and received no response from customer service. While this is a single review, such reports are a red flag for me because they suggest potential non-transparent policies or practices. Given these facts, I cannot conclusively state whether Zora charges undisclosed fees, but the lack of regulatory oversight and the negative user experience make me highly wary. In my experience, the risk of unexpected or undisclosed fees is much higher with brokers that do not operate under strict regulatory supervision. For my personal trading, I would avoid committing any funds to Zora until greater transparency and regulatory safeguards could be demonstrated.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com