Zivest is a contract for difference (CFD) broker that was registered and established in South Africa on March 6, 2017. The company primarily offers CFD trading services in forex, stocks, indices, precious metals, energy, and more to investors. Its corporate headquarters are located in Sandton, South Africa. The broker does not provide services to jurisdictions where it may violate local laws or regulations, including but not limited to the United States, Puerto Rico, Quebec (Canada), the United Kingdom, Sri Lanka, New Zealand, Japan, India, Afghanistan, the European Union, the European Economic Area, and OFAC-sanctioned countries/regions.
Corporate Registration Information and Regulatory Status:
Zivest's registered entity in South Africa is Zivest (Pty) Ltd, with a registered address at 121 Beyers Naude Drive, Roosevelt Park, Randburg, Gauteng, 2196, and a company registration number of 2017/101396/07. Zivest (Pty) Ltd obtained authorization and regulation from the Financial Sector Conduct Authority (FSCA) of South Africa on October 10, 2018, with license number 49689. According to Whois information, the broker's official website domain was registered on August 10, 2023. As of December 14, 2023, it has been in operation for only four months.
Account Opening:
The provided link for account opening is inaccessible.
Account Types:
Zivest offers three types of real trading accounts: Mini Account, Standard Account, and Managed Account.
- Mini Account uses USD as the base currency, with a starting spread of 1.2 pips, and operates on the MT5 trading platform. The minimum deposit for this account is $1, with a minimum trade volume of 0.01 lots and a maximum trading leverage of 1:500.
- Standard Account also uses USD as the base currency, with a starting spread of 1.2 pips, and operates on the MT5 trading platform. The minimum deposit for this account is $100, with the same trade volume and leverage as the Mini Account.
- Managed Account, like the other two, uses USD as the base currency, with a starting spread of 1.2 pips, and operates on the MT5 trading platform. The minimum deposit is $100, with a minimum trade volume of 0.01 lots and a maximum trading leverage of 1:500.
Trading Platform:
Zivest provides users with the MT5 trading platform, available in both desktop and mobile versions.
Deposits and Withdrawals:
Zivest supports deposits and withdrawals through Visa, Osow, bank wire transfer, Neteller, Skrill, and other methods, with no associated fees.
Summary:
Traderknows advises investors that while Zivest is authorized and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, its official website is relatively new, and the content is incomplete. It is recommended that investors choose well-established platforms with strong regulation and good reputations for trading. Currently, the broker is marked as "IN-OPERATION" on Traderknows.
