Zeno Markets

Our investigation into Zeno Markets found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.

Who is Zeno Markets?

Zeno Markets markets itself as an online trading and investment service. Its public site is presented at https://zenomarkets.com/. It claims to be based in Saint Vincent and the Grenadines. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is Zeno Markets regulated?

We could find no evidence that Zeno Markets holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• No credible physical address or verifiable corporate record
• Opaque or anonymous corporate ownership
• Account dashboards that show “gains” with no real market exposure
• Offshore or shell-company registration used to avoid oversight
• Unrealistic profit claims and pressure to deposit more

Our analysis

Zeno Markets's website content is no longer valid. The certificate issued by the Financial Services Authority (SVG FSA) has been cancelled. All these signs indicate that Zeno Markets faces significant risks. Investors should monitor developments and remain vigilant.

Can you recover money lost to Zeno Markets?

If you have deposited with Zeno Markets, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.