Zeven Global Unmasked: Offshore Setup, No Regulation, Fraud Allegations

Zeven Global presents itself as an international forex trading platform, but a closer examination reveals a pattern common among fraudulent operators. It lacks any genuine regulatory oversight, relying instead on misleading registrations in offshore jurisdictions that provide no investor protection.

The Offshore Shell Game

Zeven Global claims to be registered in Costa Rica. However, Costa Rica has no recognized financial regulatory authority that oversees or licenses forex brokers. 

The broker lists registration addresses in Seychelles, the Marshall Islands, and Saint Lucia to create an illusion of a global presence. Our investigation uncovers the truth behind these claims:

1. Seychelles: Zeven Global is not authorized or licensed by the Seychelles Financial Services Authority (FSA). The Seychelles FSA maintains a public register of licensed entities, and Zeven Global does not appear on it. 

2. Marshall Islands & Saint Lucia: The company is registered as an International Business Company (IBC) in these jurisdictions through their corporate registries. However, an IBC registration is not a financial services license. It is a corporate shell status, which explicitly does not permit the company to offer forex trading, custody of client funds, or any regulated financial services. 

Zeven Global promotes itself as a global brokerage operating in over 25 countries, with a strong presence in Latin America, but all available evidence shows it operates without authorization from any recognized financial regulator. Its offshore registrations do not permit it to serve clients in regulated jurisdictions, meaning its global operations are illegal.

Client Accusations

Zeven Global was openly labelled a “scammer” and accused of copying another company’s FAQ content, casting the firm as unprofessional and incredible.

Two additional reviews reference an entity called “PICKFUNDED,” described as an unregulated scam company allegedly linked to Zeven Global, raising concerns about a possible coordinated fraud operation.

Conclusion

Zeven Global is an unregulated broker. Client funds deposited with Zeven Global are not segregated in protected bank accounts, and there is no recourse to investor compensation schemes.

Investors should treat Zeven Global as a high-risk, likely fraudulent operation, which BrokersView has added to the Scam List.

Before you invest, always verify the license directly on the relevant regulator's official website. Be skeptical of brokers registered only in offshore jurisdictions.