Verdict up front: Zetradex leads with a 100% “Welcome Bonus” and points to the Mwali International Services Authority (MISA) in Comoros as its regulator. According to FinTelegram, the Central Bank of Comoros has described the MISA register as a fabricated entity. That is not a licence that protects you.
Zetradex
Zetradex · zetradex.com
HIGH RISK
- Domain registered
- 20 Jun 2022 (about 4 years 3 months)
- “Licence”
- MISA T2023278 (Comoros)
- Headline offer
- 100% Welcome Bonus
- Independent reviews
- 1 on Forex Peace Army
The licence it points to
The footer of zetradex.com links to the “MWALI International Services Authority” at mwaliregistrar.com. Forex Peace Army lists Zetradex’s regulator as MISA #T2023278 and its address as Fomboni, on the island of Mohéli in Comoros.
FinTelegram reported in 2023 that the Central Bank of Comoros called the MISA register “a fabricated entity with no genuine presence”, with no lawful power to license financial businesses. MISA “licences” are sold for fees. A firm that shows one has, in practice, no real supervisor.
What the website pushes first
The first thing a visitor sees on zetradex.com is a banner for a 100% Welcome Bonus: “Your first step in the world of Forex”, with a “Claim Bonus” button. The site describes itself as a “Leading Crypto CFD Forex investment platform”.
Deposit bonuses on leveraged products are banned for retail clients in the UK and EU because bonus terms usually require heavy trading before any money can be withdrawn. On Forex Peace Army, Zetradex has a single review, a five-star one from September 2025.
| Check | What we found |
|---|---|
| Domain age | zetradex.com, registered 20 Jun 2022 |
| Regulator claimed | MISA (Comoros), T2023278 |
| MISA status | Register described as fabricated by the Central Bank of Comoros (FinTelegram) |
| FSC Mauritius register | No entry |
| Headline offer | 100% Welcome Bonus |
| Independent reviews | 1 on Forex Peace Army |
What this means for you
A MISA number gives you nobody to complain to and no compensation scheme. If a withdrawal is refused because bonus conditions were “not met”, there is no regulator that will step in.
Before you fund any broker account
- Search the regulator itself. If the “regulator” is MISA or any Mwali registrar, treat the broker as unregulated.
- Check the domain’s age and compare it with the company’s age.
- Treat a bonus of 100% or more as a warning sign. Bonus terms are the usual reason withdrawals get refused.
- Read review dates and reviewer histories. A handful of five-star reviews from one-review accounts is not a track record.
Ettran Reclaim Limited
Deposited with Zetradex and can’t withdraw? That is exactly what we handle.
or email support@ettran.com
Our view: Zetradex rests on a Comoros “licence” that offers no real oversight and leads with a 100% bonus. Keep your money away from it.
Sources, checked 21 September 2026: zetradex.com homepage and footer · Verisign RDAP registry record for zetradex.com · FinTelegram, “Attention: Be Aware Of The Fake Offshore Regulator MISA” (Aug 2023) · FSC Mauritius online public register · Forex Peace Army, Zetradex review page.