Zad Fintech Reviews: Is It Legit?

Zad Fintech
Zad Fintech
The Securities House Company K.S.C.P

Customer Experience

Positive experience20.5% of reviews
Neutral2.6% of reviews
Negative experience76.9% of reviews

~ Based on 39 written reviews from the US App Store.

Is Zad Fintech Safe?

Zad Fintech has mixed safety signals based on user ratings. AppsHunter Safety Score for Zad Fintech is 65/100.

This assessment is based on 120 user ratings, with an App Store average of 3.2/5.

Safety Analysis

54.6% of ratings point to a safe experience
3.4% of ratings suggest some concerns
42.0% of ratings point to a risky experience

~ Based on 119 App Store ratings for Zad Fintech.

Is Zad Fintech Legit?

Zad Fintech appears to be a legitimate app. AppsHunter Legitimacy Score for Zad Fintech is 83/100.

Based on 83 of 100 points across 7 verification signals from App Store and developer data.

Top reviews

Commission fees very high

Communication fees are very unreasonable, and there are a lot of hidden fees in the process.

When funding the account, the exchange rate is terrible.
Then, when you try to buy a stock, they take commission fees on every purchase, which can hurt when you are trying to buy multiple stocks per month.
After that, even when you sell the stock, they charge the same commission fees.
And when you try to transfer it to your bank, there are additional fees for the exchange and the transfer.
By the end of the day, you are losing in every way.

Lowering the fees must be considered to make this more attractive for people.

Other than that, it will fall and no one will use it.
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Response from developer

Hello. We recognize that fees and exchange rates have affected your experience. We appreciate your feedback on the costs involved, and clear fee information matters to us. Thank you for sharing your concerns. We hope your next experience with the app is a better one.

Too greedy

The app takes a fee for every transaction as well as locks real-time market prices behind a paywall. Basically nickels and dimes you for every little thing.

Response from developer

Hello! Thanks so much for sharing your thoughts about the fees and market prices. We truly value your feedback as it helps us understand how our users experience the app. We’re always looking to improve, and your insights are essential in that process.

التطبيق ممتاز

انا استخدم التطبيق من سنتين و التطبيق في تطور ملحوظ من ناحية الخدمات الي يقدمها و سهولة استخدام التطبيق

Response from developer

نشكر لك ثقتك المستمرة بنا منذ سنتين، ويسعدنا جداً ملاحظتك للتطور المستمر في خدمات التطبيق وسهولة استخدامه. نقدر مشاركتك لرأيك، ونسعى دائماً لتقديم تجربة أفضل لعملائنا. 🌷

ما أنصحكم فيه حيل غالي و مايسوى

التطبيق ضعيف جدًا، خصوصًا أثناء التداول المباشر، وفي فرق كبير جدًا في الأسعار، مما تسبب لي في خسائر كبيرة. بالإضافة إلى ذلك، الرسوم والعمولات مرتفعة جدًا.

Response from developer

نشكر لك ملاحظاتك، نعتذر عن تجربتك الغير مرضية. نقدر ملاحظاتك بشأن الأسعار والرسوم، ويسعدنا مساعدتك في مراجعة أي مشكلة واجهتها. يرجى التواصل معنا عبر خدمة العملاء لتزويدنا بالتفاصيل.

A Paid Brokerage That Fails at the Basics.

It is embarrassing that ZAD charges customers subscription fees for “premium” features while also taking commission on every trade, yet still provides outdated and inconsistent information.

Locking live after-hours prices behind a paywall is already frustrating, but the bigger issue is that both your Stats and Analysis sections are unreliable and not properly updated. The Stats section displays outdated or inconsistent figures such as P/E ratios, market capitalizations, earnings growth, and other financial metrics. Meanwhile, the Analysis section fails to promptly update price targets and Buy, Sell, or Hold ratings issued by financial institutions and analyst firms.

Your app appears to combine live share prices with stale fundamental statistics and outdated analyst recommendations. This can actively mislead customers who are making real investment decisions with real money.

It is also impossible to fund an account outside your working hours, which defeats the purpose of offering access to international markets that operate on a completely different schedule. If an investment opportunity arises after your working hours and a customer needs to fund their account immediately, they are simply forced to miss it because deposits cannot be processed. A modern brokerage should not restrict customers to office hours when the markets themselves do not operate according to those hours.

If you are going to charge customers for market data, statistics, and analysis while also collecting commissions on every trade, then maintain these services properly and provide a funding system that actually matches the markets you offer. A brokerage handling people’s money should not require customers to use external sources just to verify whether the basic statistics and analyst recommendations displayed in its own app are accurate—or cause them to miss investment opportunities because funding is unavailable outside office hours. This is careless, embarrassing, and far below the standard expected from a paid investment platform.
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Response from developer

Thank you for sharing your feedback. We sincerely apologize for the inconvenience and understand your concerns regarding the accuracy and timeliness of the information provided. Your feedback has been noted.

برنامج فاشل وبطيئ حتى لو تشترك الاسهم بطيئه بلبيع والمشترا والتحويل منصه فاشله جداً لا انصح فيها

برنامج فاشل وبطيئ حتى لو تشترك الاسهم بطيئه بلبيع والمشترا والتحويل منصه فاشله جداً لا انصح فيها

Response from developer

نعتذر لك عن تجربتك غير المرضية، ونقدّر ملاحظتك ونسعد بتواصلك معنا للمساعدة

Errors

The application is fantastic how you can see the money and the analysis but there is many errors in it

Response from developer

Thank you for your feedback. We're happy to hear that you like the application's features and analysis tools. We appreciate your comments.

Account creation issues

I tried to create an account on the platform several times, but I couldn’t because of issues with the ID verification section. It keeps showing me an error on the instructions page when I press continue. I don’t think it is a trusted platform to put my money in, so I might face bugs and errors if I need to buy or sell stocks.
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Response from developer

Thank you for sharing your feedback, and we're sorry to hear about the issue you experienced during the account creation process. We understand how frustrating it can be to encounter an error during ID verification, and we appreciate you bringing this to our attention. Our team is continuously working to improve the platform's performance and ensure a smooth onboarding experience for all users.

تطبيق زاد

ممتاز

مشكلة في ايداع الفلوس لحسابي البنكي وللعلم حسابي كويتي والمنصة كويتية

عدم احترام العميل وصفر مصداقية لما تحول الفلوس بنفس اليوم توصل ولا تبي تودع انا اليوم بكمل شهر ولا تم ايداع المبلغ كلها وعود وفواتير غير صحيحة و رقم مرجع للحوالة غير صحيح بشهادة البنك نفسه كل هذي الارقام والوصولات غير صحيحه هذا كلام البنك.
وحسبي الله ونعم الوكيل فيهم

اسوء تطبيق

اسوء تطبيق واسوء تجربه لا انصح فيه يذلونك ذل على خدمات الإيداع والسحب ابي أتداول بنفس اللحظه تروح على صفقات بسبب سياستهم السيئه وفلوسك على ماتوصل لك بعد السحب مذله تطبيق لا انصح فيه

خربوه في اخر تحديث

الاصدار كان القديم يخليك تشوف كمية اسهمك بكل شركه بمجرد دخولك الى المحفظة. الحين لما تدخل المحفظة مكتوب فيها "كمية الاسهم" فقط. وماراح تعرف كمية اسهمك للشركه الوحده الا عقب ما تدش على الشركه وهالشيء ينرفز. ردو الاصدار السابق.

Response from developer

"نعتذر عن الإزعاج اللي سببته التغييرات الأخيرة، ونقدّر ملاحظتك جداً. تم نقل تجربتك واقتراحك للفريق المختص لدراستها وتحسين تجربة المستخدم في التحديثات القادمة. نسعى دائماً لتقديم تجربة أسهل وأوضح لعملائنا، ونشكر لك مشاركتك رأيك معنا."

bad bad bad

worst app ever will literally steal ur money and overcharge u for transaction fees

Response from developer

"We’re sorry for your experience. We are committed to full transparency in our fees. Please contact us with the details so we can review and assist you as soon as possible."

Misinformation

Every time i buy a stock you change the price after i buy it. For example i just bought a stock for 19.49 after i bought it then it says say average entry price is 19.54 mind you Ive never bought the stock before its not the first time this happens. Also misinformation about the dividends its almost never accurate. Its needs an update asap because the greediness is unbelievable
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Bad app

I don’t recommend anyone using this app since they over charge you for almost anything and everything! There are many apps that can offer the same with no fees. I hope you guys don’t add your money here ! Find somewhere else. You can’t sell your stock that you own if you don’t have a cash balance because they want to charge you before selling! And you might miss a great value to sell like what happened to me and can’t get the money unless business days !
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Response from developer

Hello! It's concerning to hear about your experience with the app and the fees associated with transactions. Your feedback is crucial for understanding how we can better serve our users. The situation you described regarding the inability to sell stocks without a cash balance is certainly an important point, and we recognize how that can impact your trading experience. We truly appreciate you taking the time to share your thoughts. Your insights are valuable, and we hope you'll consider giving us another chance in the future.

تاخير ويعلق التطبيق

يعلق البرنامج

Great app

The application is very easy to use. It made stocks really easy.

One recommendation: we need an iPad version instead of using the mobile app on an iPad

Response from developer

Thank you for your kind words and support. We’re glad to hear that you find the app easy to use. We would like to inform you that the app is currently available on iPad.

Inaccurate

The dividends yield number is always inaccurate, also if a company is not shariah compliant simply remove it from the app whats the point of keeping it when i cant invest

سيئ

اسوء برنامج تعاملت معاه بصراحه، تطبيق يعلق دايما بالذات بأهم لحظات افتتاح السوق وبطيئ وممكن يضيع عليك صفقات كبيره للاسف عشان تبيع او تشتري بسرعه يطير عليك الصفقه بسبب البطئ والتعليق ، جربو برامج ثانيه افضل

Response from developer

نأسف لسماع ذلك ونقدر ملاحظاتك ونعمل باستمرار على تحسين تجربة المستخدم وتسريع جميع العمليات قدر الإمكان. وإذا كان هناك أي شيء يزعجك أو تحتاج مساعدة بخصوصه، لا تتردد في التواصل معنا. call: +96522054548 WhatsApp: +96541440404

It’s seen better days

I was very much in favour of using this app when I was first introduced to it 2 years ago. Setting up was very streamlined and swift. It was great back then. But greed of course, like with many firms around these parts, took the front seat when they put real-time pricing behind a subscription paywall. You guys already charge transaction fees buying/selling and you’re already the largest fintech app in the region so your trade base is already high. Isn’t that already enough??
Also the app has numerous visual bugs with elements overlapping when scrolling and inexcusable bugs like 52 Week Low showing twice with the low AND high price. Should be fixed asap. Also transaction times are very very slow (over 3 days just to make a deposit). I can make transfers from NBK to foreign accounts on the same day worst case scenario the very next day. Get it together please.
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Response from developer

Thanks for your feedback. We’ve noted your concerns about pricing, fees, and app performance, and they’ve been shared with the team for review. We appreciate your support and will continue working on improvements.