ZoomTrader Review

ZoomTrader
100% on first deposit
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Overview

It is no longer advisable to open an account or possible to do so at ZoomTrader as they are out of business. They used scrupulous sales tactics and sales funnels…. more

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0/5

Details

Broker ZoomTrader
Website URL www.zoomtrader.com
Founded 2012
Headquarters 60 Regaena Street, 3rd Floor, Nicosia, Cyprus
Support Number +44 20 3519 1740 and +31 10 6690592 for Dutch customers
Support Types live chat, website contact form, by email: [email protected] and by phone
Languages English, German, French, Italian, Dutch, Arabic, Polish, Portuguese, Spanish, Turkish and Russian
Trading Platform TradoLogic
Minimum 1st Deposit $100
Minimum Account Size $100
Minimum Trade Amount $10
Maximum Trade Amount $4000
Bonus 100% on first deposit
Payout 80% - 83%
Free Demo Account Open Demo
Regulated Yes
Regulation Regulated and licensed by CySEC under liens number 224/14
Commissions Yes
Commission Info ZoomTrader charges no commissions or fees.
Account Types Mini Trading Account, Bronze Trading Account, Silver Trading Account, Gold Trading Account, Platinum Trading Account
Deposit Methods wire transfer, credit cards like American Express, Visa and MasterCard, Skrill/Moneybookers, Neteller, Paypal and Moneta. There are also country specific deposit and withdrawal options available like iDEAL, SOFORT and MR CASH.
Withdrawal Methods wire transfer, credit cards like American Express, Visa and MasterCard, Skrill/Moneybookers, Neteller, Paypal and Moneta. There are also country specific deposit and withdrawal options available like iDEAL, SOFORT and MR CASH.
Number of Assets 65
Expiry Times from 60 seconds to end of the month
Types of Assets forex, stocks, commodities, futures, indices
Option Types Classic or vanilla, higher/lower binary options, One Touch Options, Range Options, Touch Up/Down Options (Double Dutch Options) and Turbo Options (60 second options).
Trading Currency over 30 different forex pairs are available on ZoomTrader.
Account Currency €, $, £, ¥
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 1

Full Review

It is no longer advisable to open an account or possible to do so at ZoomTrader as they are out of business. They used scrupulous sales tactics and sales funnels. From now on it’s on the blacklisted brokers or scam brokers list on Choosebroker.com. Take a look at our top rated binary option broker IQ Option instead.

If you got scammed by them, please follow the process and file a complaint here.

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ZoomTrader company information

Founded in 2012 and based in Mahe, Republic of the Seychelles, ZoomTrader is one of the newest and youngest binary option platforms in the binary option industry. The broker offers a wide range of financial assets on which traders can buy or sell binary options with up to 83% payout percentage. ZoomTrader doesn’t charge any other costs. ZoomTrader is known by most binary option traders for giving away high welcome bonuses to new binary option traders.

ZoomTrader binary optiontrading platform

ZoomTrader binary option trading platform runs on TradoLogic software. Binary option traders will be amazed by the many features offered no likely to be seen on other binary option platforms. Some of the features include the following: ‘Close now’ which enables binary option traders to close options before their expiry time. Trades that are not going so well can be extended using the ‘Extend Now’ feature to increase expiry times. Using these special binary option trading features traders can make more profit and less loss.

ZoomTrader binary option types

On ZoomTrader there are several types of binary options available to trade. Classic or vanilla, higher/lower binary options, One Touch Options, Range Options, Touch Up/Down Options (Double Dutch Options) and Turbo Options (60 second options).

ZoomTrader binary option trading account types

There are currently 5 types of binary option trading accounts available at ZoomTrader. The minimum required deposits for better account types are higher but the benefits these accounts have are surely worth it. At first, there’s the Mini Trading Account, for which a minimum deposit of just $100 is required. Then there’s the Bronze Trading Account for which a minimum deposit of at least $250 is required. The Silver Trading Account requires a minimum of $500. The Gold Trading Account requires a minimum deposit of $1,000. The Platinum Account, the highest account available, requires a minimum deposit of at least $5,000. Not only do higher accounts receive better benefits, also the payout percentages on binary options increase. For instance, the Micro Account pays out an average of 80% per classic or standard binary option whilst Platinum account holders receive an average of 83% payout per standard binary option.

ZoomTrader Assets

On ZoomTrader you can trade binary options on over 60 different financial assets. Five financial markets including commodities, forex, indices, shares and equities can be traded on. These assets are being displayed in English but can be also set to be displayed in German, French, Italian, Dutch, Arabic, Polish, Portuguese, Spanish, Turkish and Russian.

ZoomTrader customer service and reliability

ZoomTrader has a 24/7 customer service available via live chat, website contact form, by email: [email protected] and by phone. Phone numbers per country vary, please see the broker details above for country specific phone numbers. To be as transparent and secure as possible not only the ZoomTrader binary option trading platform but also deposits, withdrawals and transactions made are all protected with 128 bit SSL encryption. ZoomTrader also uses a anti money laundry protection program.

ZoomTrader partners with reliable banks and financial institutions to conduct withdrawals and deposits with. You can top up your ZoomTrader account using wire transfer, credit cards like American Express, Visa and MasterCard, Skrill/Moneybookers, Neteller, Paypal and Moneta. There are also country specific deposit and withdrawal options available like iDEAL, SOFORT and MR CASH.

ZoomTrader pros

The insanely high welcome bonuses for new binary option traders and the wide range of binary option types and features make ZoomTrader stand out as binary option broker compared to other binary option brokers.

ZoomTrader review conclusion

For traders new to binary option traders and binary option traders that aren’t happy with their current binary options broker ZoomTrader is an excellent binary option broker to start trading binary options with or to move your binary option trading balance over to. The many features and types of binary options featured on ZoomTrader make ZoomTrader not only an excellent broker to trade with small amounts of money with, but also with larger sums of cash. ZoomTrader has no known scam history so far and is considered a regulated and reliable binary options broker.

✓ High payout on standard binary options (80%)

✓ Very high welcome bonus of 100% up to unlimited

✓ Many types of binary options and features available

✓ Reliable and regulated binary options broker

✓ Available on smartphone and tablet

 

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Pros

  • High payout on standard binary options (80%)
  • Very high welcome bonus of 100% up to unlimited
  • Many types of binary options and features available
  • Reliable and regulated binary options broker
  • Available on smartphone and tablet

Reviews

  • User experience:

    2.43
  • Platform:

    3.29
  • Reliability:

    3.71
  • Customer Service:

    3.29
  • Payouts:

    2.43
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Platform

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Decleration:
I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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