My Verdict: No, FintechZoom Doesn’t Need A License To Write Content. But A Little Caution Is Needed.
Hi, I am Brad.
And since I write about Gen-Z trends, investment is one of these. And so when I saw many websites talking about FintechZoom, I decided to put a review for the newer generation to make safer financial decisions.
This isn’t my usual Reddit post. So I will be a little formal today. Read this seriously.
FintechZoom.com is a very popular website that shares information about stocks, investments, and financial trends.
I can say that it’s popular because as per Ahrefs, the term “fintechzoom” has about 113K monthly searches on Google! That’s a lot!
And I checked it. It’s a pretty decent website.
But even though it has lots of useful content, an important question comes up: Can you trust this site for proper financial advice?
After looking into it, it’s clear that FintechZoom doesn’t meet the rules needed to give legal financial advice in the U.S.
However, I must also clarify that FintechZoom does not claim to be a licensed advisor and has a disclaimer on their website too.
Let’s talk about this in detail.
Why Financial Advisors Need Licenses In USA?
In the U.S., giving financial advice isn’t as simple as just sharing tips. Since there are assets involved, there is a risk that any financial suggestion carries.
And therefore, there are rules and licenses required:
- SEC Registration – Anyone giving investment advice must register with the Securities and Exchange Commission (SEC) or state regulators.
- FINRA Licensing – Licenses like Series 65 or Series 7, given by the Financial Industry Regulatory Authority (FINRA), are required for advising about securities or investments.
- Honesty and Disclosures – Licensed advisors must share any conflicts of interest and risks to stay transparent.
- Liability – Licensed advisors often have insurance to protect clients if they make a mistake.
Without these, any advice you get might not be reliable or legally safe.
But with the rise of content creation and Internet influencers, it is impossible to totally stop people from ‘saying’ things. And therefore a commonly accepted practice is to put a disclaimer.
In the disclaimer, websites like FintechZoom can clarify that they are not registered or licensed for financial advisory.
What FintechZoom.com Says On This?
FintechZoom makes it clear on its site:
“FintechZoom.com does not endorse any specific investment or financial product. We are not responsible for any losses or damages incurred as a result of using the information on our website.”
This disclaimer shows they avoid taking responsibility for your financial outcomes.
Now, let’s see how they align with the rules:
- SEC or FINRA Registration – There’s no proof of registration with the SEC or FINRA. A legit financial advice service usually displays these credentials openly. They do not claim this also which means there is no false claim.
- Type of Content – Fintechzoom mainly talks about general financial news and trends, not personalized advice. This means they don’t have to follow strict licensing rules, but their content may lack depth.
- Disclosures – While Fintechzoom warns users with a disclaimer, they don’t share much about risks, conflicts of interest, or any promotions they might be paid for. However, they clearly mention that they do not claim any responsibility for losses which is a good clarification.
When you check their Terms and Conditons page, you will find this line:
It is important to understand that the content that is shared on this website is not a reliable source of financial advice.
This means that they are clearly saying that they are not financial advisors.
Yet, if you trust tools like Ahref, you’ll notice that lots of people search FintechZoom for information about Dow jones, bitcoin price, gold price, nasdaq, silver price, and even stock information for apple stock, amc stock, amazon stock etc.
People are even searching for a pro feature called ‘FintechZoom pro” which we couldn’t find on their website.
Check the image below for exact information on this data:
How to Check FintechZoom’s Compliance Details?
Here’s how you can check if a platform like FintechZoom meets financial advisory rules:
- Search SEC Adviser Records – Use the SEC Investment Adviser Search to see if they’re registered.
- Check FINRA Records – Use FINRA BrokerCheck to look up their licenses. You can also call BrokerCheck Help Line on (800) 289-9999.
- Analyze Content – See if the platform promotes specific investments or products, which could indicate bias or hidden ads.
Why It Matters
If a site isn’t licensed, here’s why it’s a problem:
- No Accountability: If the advice is wrong, there’s no way to hold them responsible.
- Possible Bias: Their tips might be influenced by sponsors, not facts.
- No Guarantees: You don’t know if their information is correct or trustworthy.
This is why it’s better to rely on licensed professionals for financial advice.
Our Take On FintechZoom: Not Guilty!
FintechZoom.com doesn’t present itself as a licensed financial advisor and makes it clear they’re not responsible for your decisions. And so I think that they are not guilty of any crime.
While the site may be helpful for general knowledge, it’s not reliable for making big financial decisions. Since Fintechzoom.com doesn’t claim financial expertise, I pass it as an ethical website.
However, for serious investment advice, it’s best to work with licensed experts or verified platforms. Always check credentials before acting on financial tips from any source, including FintechZoom.
Leave a Reply