Zeloquest

Zeloquest presents a very high-risk profile for traders. According to WikiFX data, the broker holds an overall risk score of 1.11, which is exceptionally low and indicates significant operational hazards. The most critical factor is its complete lack of regulation, meaning client funds are not protected by any recognized compensation scheme or regulatory oversight. While it offers multiple account types and supports key trading features like scalping and Expert Advisors, the absence of a formal license from any major financial authority creates a severe reliability and security concern.

No. Zeloquest is not regulated. According to WikiFX data, the broker does not hold any valid forex trading licenses from mainstream financial authorities such as the UK's FCA, the Australian ASIC, or Cyprus's CySEC. It operates without formal regulatory oversight.

Zeloquest offers a tiered account structure with varying minimum deposits. The most accessible account, named BEGINNER, requires a minimum deposit of $100. Other account types have significantly higher entry points: $500 for the TEST account, $3,000 for the BASIC account, $25,000 for the STANDARD account, and $100,000 for the BUSINESS account.

WikiFX assessment indicates that specific trading platforms, including whether MetaTrader 4 (MT4) or MetaTrader 5 (MT5) are supported, are not currently publicly detailed by the broker.