Zahamax Review

Read a complete Zahamax Review to know about this broker. 

Broker Website –

Address – Fifth Avenue, Manhattan, NY

Warned By – U.S. Securities and Exchange Commission (United States)

Zahamax is a Brazilian scam that pretends to offer legal services and is promoted through social media. Victims are told they need to pay a large sum of money to obtain a business license or other documentation. If victims do pay, they end up with nothing because the promised documents never materialize.

Zahamax scams are often used by con men looking for people who want unregulated businesses to operate in Brazil. In reality, there is no such thing as a business license in Brazil and any company without proper paperwork can be shut down by the authorities at any time for any reason.

Read the detailed Zahamax Review below and keep your hard earned money safe from scam brokers.

Scams Online Scam Detector for Zahamax broker

Even in 2022, unpleasant scam brokers keep targeting traders and investors. To save you time, we’ve compiled a list of scam brokers 2022, so you can easily identify brokers to avoid.

We analyzed the website of Zahamax and we found many possible scam features available in their website. Their is no concrete proof that Zahamax is regulated by any reputed regulatary body like FCA UK, ASIC Australia, CySec, Finma, Consob Italy or others.

Other major red flag is the absence of important information on the website of the broker. Absence of critical information in the website is an indication that the broker does not want to show those to the traders and thus sign of a potential scam. Attractive offers in the website are misleading and they are meant only to commit scams by victimizing innocent traders who are entrapped by false promises.

How Zahamax scam is done?

Unregulated Scam brokers whether Forex, Crypto or another find it very easy to scam traders. Free Bonus offers, minimum initial deposit and attractive returns which are far away from the normal are their tools. For example- You will be offered more than 100% profits in a month or something too good to be true. The team members will try everything to get an attractive deposit from innocent traders and once the deposit is done, they can run away with it.

Withdrawal issues

If you are already trading with, you should immediately take away your funds by submitting a withdrawal request. Your funds can not be safe with scam brokers like They might have asked you to sign some agreement which authorizes them to do anything they want to do.

Negative Zahamax Reviews broker has a number of online reviews in popular online review websites like Forex Peacy Army, Scams Online and others. Scams Online has made an extensive research work on Zahamax reviews before concluding the fact that Zahamax is a scam broker. There are hundreds of dissatisfied customers who have reported scams in review websites like Trustpilot and others. We found many negative Zahamax complaints on different review sites. These online reviews are from real people although the positive ratings might have been added by with the help of some fake reviews done through some automation. Negative reviews are big Red flags and traders should avoid trading with brokers having negative reviews.

How to get your money back from Zahamax scam?

Based on the facts provided above, it can easily be concluded that Zahamax broker is a scam broker. Traders who have not invested on Zahamax assets should be warned about the possible scams done by this broker. Instead, invest in some genuine and profitable assets from genuine brokers.

Scams Online has made fund recovery from scams possible through a legal process which has helped victims of scam brokers in getting back millions of dollars from scams. They have fund recovery experts who are legal lawyers and experts and who have already won hundreds of scam recovery cases.

If you are a victim of Zahamax broker scam, you can get your funds back. All you need to do is to file a complaint against the broker here through our online complaint form. Our experts will contact you and provide a free consultation. We want to make you believe that fund recovery from scammers is possible and in the most genuine way. We have more than 10 years of expertise in fund recovery.

Read our other expert reviews about scam brokers and keep your funds safe from scammers.

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