Brokers  /  ZWINS

ZWINS

Moderate riskForex / CFD broker
🇬🇧 United Kingdom · 2-5 years · since 2021-08-17 · ZWINS REFINE GROUP LIMITED
Unregulated
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No sign that ZWINS actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
49
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameZWINS REFINE GROUP LIMITED
Headquarters🇬🇧 United Kingdom
Founded2021-08-17
Years operating2-5 years
Employees0
Official websitezrgforex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
APARTMENT 1804 55 UPPER GROUND LONDON ENGLAND SE1 9EY

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
STANDARD1:888 1:200$5 – $20000 $20001 – $100000As low as 1 pip--
MICRO1:888 1:200$5 – $20000 $20001 – $100000As low as 1 pip--
EXECUTIVE1:100 $100000 +As low as 1 pip--

Review analysis AI

ZWINS is an unregulated forex/CFD broker registered in the UK in 2021, offering high leverage up to 1:888 on low-deposit accounts. The absence of regulatory oversight exposes clients to significant risks, including potential lack of fund segregation and limited recourse in case of disputes. FXCanary's Scam Risk Score of 49/100 reflects a guarded outlook, and we advise extreme caution before considering this broker.

Best for
  • High-risk tolerance traders seeking high leverage with small capital
Not for
  • Risk-averse traders
  • Beginners
  • Traders requiring regulatory protection
Period:

Real user reviews

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About ZWINS

Company Overview

ZWINS operates under the domain zrgforex.com and is registered as a company in the United Kingdom, with an address at APARTMENT 1804 55 UPPER GROUND LONDON ENGLAND SE1 9EY. The company was established on 17 August 2021, making it a relatively new entrant in the online trading space. According to public records, ZWINS is not regulated by any financial regulatory authority, which is a critical consideration for potential traders evaluating its legitimacy and client protections.

Account Types and Trading Conditions

ZWINS offers three account tiers: STANDARD, MICRO, and EXECUTIVE. The STANDARD and MICRO accounts share the same minimum deposit range of $5 to $20,000 for the first tier, with a higher tier of $20,001 to $100,000. The maximum leverage for these accounts is set at up to 1:888 for deposits up to $20,000, and reduces to 1:200 for larger balances. The EXECUTIVE account requires a minimum deposit of $100,000 and offers a maximum leverage of 1:100. These conditions highlight a focus on accommodating both small-scale and high-volume traders, though the leverage ratios are notably high, especially on the lower tiers.

Instruments and Platforms

Our review of the known facts did not include specific details on the trading instruments or platform offerings from ZWINS. However, given the company's profile as a forex/CFD broker, it is likely to provide access to currency pairs, indices, commodities, and possibly cryptocurrencies. Traders should verify available instruments directly on the broker's website or through customer support, as this information was not independently verified during our research.

Deposits and Withdrawals

No specific information on deposit and withdrawal methods, fees, or processing times was available in the known facts. Typically, brokers in this category offer bank transfers, credit/debit cards, and e-wallets. The absence of regulatory oversight means that client fund segregation and transaction security may not be guaranteed, and traders should exercise caution when providing payment details.

Target Audience

Based on the account structure, ZWINS appears to target retail traders with a broad range of capital levels, from small retail investors to high-net-worth individuals. The high leverage options on lower tiers may appeal to those seeking aggressive trading strategies, while the EXECUTIVE account suggests a premium service for larger clients. However, the lack of regulation raises significant concerns about client protection, making this broker potentially unsuitable for risk-averse traders or those new to forex trading.

Overview compiled by FXCanary from regulatory records and public data. full ZWINS review