ZoomTrader review will reveal all important facts traders should know before they decide to register and trade with this broker. During our review, we have found out that ZoomTrader platform created a user-friendly environment where traders can feel pleasant while they place trades and invest in binary options.
From our deep analysis about this broker, we have found out that ZoomTrader is founded in 2012 and according to their site they offer a premium platform that enables traders to invest in various underlying assets and exotic options market.
ZoomTrader belongs to brokerage companies regulated by CySEC and they are following MIFID standards.
Find out more interesting things about this broker in our ZoomTrader review below.
ZoomTrader Account Features
Depending on the amount trader plans to invest, there are various ZoomTrader accounts they can register. We have researched all accounts and their services below.
This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!
ZoomTrader Bronze Account
This account is usually for traders that are beginners in trading binary options. Bronze account starts with $1,000 to $4,999 deposits. ZoomTrader traders are welcome to use one trading strategic and they have insights in weekly market reviews which can help them in detecting market directions.
ZoomTrader bronze account is equipped with introduction video course which will give more information about the trading platform and trading options.
ZoomTrader Silver Account
According to the ZoomTrader website, the Silver account is favorite among traders. The account starts with $5,000 minimum deposit and the maximum deposit is $9,999.
Traders that decide to register with the Silver account will receive two trading strategies, daily and weekly market reviews.
Our ZoomTrader review found out that Silver account traders receive introduction video course and advanced course as well.
ZoomTrader Gold Account
The gold account starts with $10,000 deposit and it allows traders to receive 5 trading strategies. From our detailed analysis, we have found that Gold users have access to all features from previous ZoomTrader accounts plus some additional features.
The gold account provides their clients with a dedicated account manager that will provide support when needed. Besides that, ZoomTrader review found out that Gold account traders have same day withdrawals. Gold account traders have the opportunity to join weekly one on one trading sessions.
ZoomTrader Platinum Account
We couldn’t find much information about this account because ZoomTrader probably customizes it according to their client’s preferences. This premium account is made for clients that plan to invest more than $50,000.
This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!
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ZoomTrader Trading Software
Our detailed ZoomTrader review found that this broker integrated a well known Tradologic platform. The platform allows traders to choose between various features and trading tools that we usually don’t see with other broker platforms. The great thing is that traders can choose between multiple view modes so according to the preferences traders can choose the single or classic mode.
In our ZoomTrader review we have found a lot of popular binary options types, so traders can choose to trade with Digital, Variable returns, Touch, One Touch, Range and Turbo options.
Variable returns are one of the new ZoomTrader’s features that allow traders to get an insurance for a certain position trader is not 100% sure. For example, if the trader is not sure whether the asset he plans to invest in will increase or not, Variable returns option allows him to choose the risk level before he places a call option. When trader picks his potential profit from a drop down menu, he will be able to take that amount no matter if the trade was successful or not. This way ZoomTrader allows their clients to have complete control over their own trading results.
Besides various binary options types, ZoomTrader equipped their platform with 6 commodities, 12 currency pairs, 10 indices and 37 stocks which should be more than enough to make a good trading strategy.
During our ZoomTrader review, we haven’t found traders have the opportunity to trade with ZoomTrader demo account. We usually prefer testing demo account before the deposit is made and we are sure most traders think the same. Demo accounts are very good for practicing and getting familiar with the trading platform. We hope ZoomTrader will think about providing the demo account for their clients in near future.
ZoomTrader platform is web-based, meaning that traders don’t need to make any downloads to their devices when they trade with this broker. Besides a basic trading interface, the broker has equipped traders with the option to place trades from their smartphones and tablets too. ZoomTrader traders can download both iOS and Android trading apps for free. Both apps allow traders to make a deposit directly from the palm of their hands. ZoomTrader mobile apps welcome traders to place trades with over 30 assets. Apps are very easy to use and traders can choose between Digital and Turbo options.
ZoomTrader Support Information
While we were investigating available support features in our ZoomTrader review, we have found this broker offers various types of customer support service. Most important, ZoomTrader website has an integrated chat support and more important live chat is available in more languages. Chat support is available in English, French, German, Portuguese, Russian, Czech and Spanish.
ZoomTrader support is available on telephone lines in more countries including Austria, Canada, Germany, Netherlands, UK, Australia, China, Switzerland and New Zealand.
We have also found traders can contact ZoomTrader using email: [email protected].
Traders can also go to ZoomTrader FAQ section where they can find most important basic information about general terms in binary options.
ZoomTrader Company Information
In our ZoomTrader review, we have found out that all trader’s personal information is protected with 128 bit SSL encryption system. ZoomTrader provides traders with a vast amount of transfer methods.
Minimum deposit with ZoomTrader starts with $250 and the minimum investment is $10. Traders are able to get up to 83% payout.
Traders who prefer depositing with credit cards can use MasterCard or Visa. Those transactions transfer trader’s funds immediately and allows him to start trading trades instantly.
Bank transfer or wire transfer is usually used by those traders that don’t want to use credit cards or they transfer higher amounts of money. Bank transfers could be both domestic and international, depending on location. It is very important to know that transfer of money via bank wire takes a little bit longer and it depends on the bank providers.
ZoomTrader allows traders to make a deposit via E-Wallets such as Boleto or iDEAL.
Traders who want to make a withdrawal with ZoomTrader, they will have to verify their trading account before they do that. Verification is needed only once.
Minimum withdrawal amount is $200.
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