broker zoomtrader

Beste Broker fur Binare Optionen 2020:
  • BINARIUM
    BINARIUM

    Der beste Broker fur binare Optionen fur 2020!
    Ideal fur Anfanger!
    Kostenloser Unterricht!

  • FINMAX
    FINMAX

    Zuverlassiger Broker!

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Zoomtrader

ZoomTrader Review

Over the past couple of years, the binary options trading industry has been focusing their eyes firmly on brokers that are regulated. As such, binary brokers who are regulated by the Cyprus Securities Exchange Commission (CYSEC) and the Malta Financial Services Authority (MFSA) are held in high regard to the fact these brokers hold the “paper qualification” to operate legally within the Eurozone. As seen by the recent suspension of WGM Services Ltd’s CIF license by the CYSEC in late November 2020, having a piece of paper issued by a regulatory body is no guarantee that a broker will remain operating indefinitely. This is why in this review we have decided to focus on ZoomTrader, a binary options broker who has been around for a few years and has now been regulated by CySEC (224/14) in January 2020.

Trading Platform

The differences between ZoomTrader and other leading binary brokers don’t just extend to how these brokers render their services to their clients. There are also major differences between the type of trading platforms adopted by these brokers and ZoomTrader. While most brokers have chosen to adopt the SpotOption powered trading platform as their trading platform, ZoomTrader have instead opted to use the Tradologic powered platform.

While the Tradologic powered platform might not be as fancy as the SpotOption platform, it does have its own plus points. For example, the platform allows traders to decide what format they want their trading screen in. There is a choice of 3 different formats namely, “Classic View”, “Multi View” and “Chart View”. Traders also have the options to decide their return and risk ratio for every single trade. Previously, this feature was only limited to a certain type of trading contract called “Option Builder”. However on ZoomTrader, there is no such limitation.

Finally, ZoomTrader’s trading platform also comes with a couple of useful risk management tools call “Close Now” and “Extend Now”. These tools are used for closing a position before its expiration time and for extending the expiry time of an option respectively.

Payouts

In terms of the payouts offered by ZoomTrader, the returns are quite reasonable and capped at a maximum of 83% for normal trades. An interesting thing about ZoomTrader’s payout ratios is the fact that traders have the ability to decide between 5 different levels of returns and risks which they want to undertake for each trade. The lowest return is at 60% with a rebate of 20% for failed trades. The highest return is usually pegged at 80% with no rebates.

Beste Broker fur Binare Optionen 2020:
  • BINARIUM
    BINARIUM

    Der beste Broker fur binare Optionen fur 2020!
    Ideal fur Anfanger!
    Kostenloser Unterricht!

  • FINMAX
    FINMAX

    Zuverlassiger Broker!

Trading Accounts and Contracts

As for trading accounts at ZoomTrader, they have given traders a choice of 4 different types of trading accounts. Beginners can start with the Bronze account and gradually work their way up to Silver and Gold trading accounts. For those who are interested in trading in volume, they are recommended to open a Platinum trading account as this type of account is more suitable to those who are dealing with larger amounts.

Trading contracts at ZoomTrader are divided into 5 different categories as listed below:

  • Digital Options
  • Turbo Options
  • Touch Up/Down Options
  • One Touch Options
  • Range Options

Reliability and Customer Support

Since beginning their operations in 2020, ZoomTrader has proven to be a very reliable broker and maintain a high standard in the quality of the services that they offered. We can see this from the fact that they are always ready to assist traders 24 hours a day 7 days a week. To make the task of communicating with the support team easier, they have provided traders with several communication channels such as email, live chat and the telephone to contact them. Miscommunications between the support team and traders are kept to a minimum with the availability of multi-lingual support in several major Asian and European languages.

Conclusion

While we won’t go as far as saying that ZoomTrader is the best binary broker around, we cannot deny the fact that they have managed to endear themselves to a large following of loyal traders. This is because ZoomTrader goes all the out the way out to make their traders feel appreciated rather than blindsiding them with gimmickries such as so called “technical Innovations” and the fact they are “regulated” entity like what most brokers are doing nowadays.

Zoomtrader Broker Review

�� Demo Account:
⚖ Allows Hedging:
�� Allows Scalping:
�� Headquarters: Seychelles
�� Founded:
�� Trading Platform(s): Tradologic
�� Regulating Authority(s):
�� Minimum Deposit: 200
�� Maximum Leverage:

Visit Zoomtrader
Risk Warning: Your capital may be at risk

Our Review of Zoomtrader

Company Overview

Zoomtrader is an online broker that aims to make it easy for traders of all levels of experience to trade on indices, stocks and currencies.

Account Types + Opening

There is one type of account on offer with Zoomtrader, and provided you are over 18 you can apply to open an account with them just by filling in the simple online form on the homepage of their website.

Promotions, Sign Up + Deposit Bonuses

Zoomtrader offers various types of bonus, and promotions can appear on a time limited basis throughout the year. The standard signup bonus for a Zoomtrader account is around 50%, and it is capped at a maximum of $10, 000.

Commissions and Fees

Fees are associated with making withdrawals; there is a flat fee of $25 for making a withdrawal via wire transfer, for example. With the commissions that Zoomtrader takes (which will vary depending on the type of trade that you are making), traders will be able to take home up to 83% of their total revenue.

Trading Platform Review & Mobile Apps

The Zoomtrader trading platform integrates trading software with real time support (both via the website’s online chat function and over the phone). There is no Zoomtrader mobile app available to date.

Deposits & Withdrawal Methods + Ease

There are three ways to make deposits and withdrawals with Zoomtrader: by bank transfer, by Visa or Mastercard and by a Moneybookers account. There is a minimum deposit amount of $250 in effect with this broker. One thing that makes Zoomtrader stand out from other trading platforms, however is not just that there is a minimum withdrawal limit (200 of whichever currency you are using) but also that there is a maximum amount that you can withdraw per week (i.e. 5000 of whichever currency you are using). Though withdrawals and deposits are relatively easy to perform with Zoomtrader, then, some traders may feel restricted by this cap. The cap is in keeping with Zoomtrader’s stated purpose: to let people trade as a hobby, or for entertainment purposes rather than as a professional focus.

Regulators & Safety: Are they a reliable, legitimate broker or a scam?

Zoomtrader has acquired a license with CySEC, and so they are fully regulated. All indications suggest that this is a legitimate broker.

Beste Broker fur Binare Optionen 2020:
  • BINARIUM
    BINARIUM

    Der beste Broker fur binare Optionen fur 2020!
    Ideal fur Anfanger!
    Kostenloser Unterricht!

  • FINMAX
    FINMAX

    Zuverlassiger Broker!

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