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Zoom Trader review

Zoom Trader


On-line since: 2012
Country of origin: Cyprus
Regulation: CySEC
Payment options: bank wire transfers, bank cards, electronic payment systems
Minimum account size: $250
Minimum lot size: -
Leverage: -
Spreads: -

About the company:

ZoomTrader is a binary options broker established in 2012.

ZoomtraderGlobal is owned by Novox Capital Ltd, regulated by CySEC. The broker is eligible to provide services on the territory of the EU as it has a licence No 224/14.

Trading opportunities and services

Clients of ZoomTrader can trade various assets such as shares, currencies, commodities and indices. The full list of available trading instruments is given in the Trading section of the company’s website.

ZoomTrader offers its clients to trade the following option types: High/Low, One Touch, Touch Options, and Boundary. The expiration time varies from 60 seconds to 1 month.

ZoomTrader is one of the few brokers that provide the Tradologic platform for trading. Besides, it has a mobile app compatible with iOS and Android.

The minimum deposit at ZoomTrader is $250 while the maximum bonus amount comes up to $10,000. Traders from all over the world including the African states are allowed to register an account with this broker. The depositing currencies are USD, EUR, GBP, CNY, and AUD.

The average payoff for winning options amounts to 83%.

In order to protect the financial and personal information of its clients, ZoomTrader uses the SSL-coding technology.

Trading accounts

ZoomTrader provides three account types:

The Bronze account ($1,000 – $4,999) offers video tutorials, 1 free trading strategy, and weekly market reviews.

Holders of the Silver accounts ($5,000 – $9,999) can take advantage of 2 free trading strategies, as well as daily and weekly market reviews.

The Gold accounts provide its holders with a dedicated account manager, video tutorials for advanced traders, 5 free trading strategies, fast withdrawals within 24 hours, as well as daily and weekly market reviews.

Customer support service

Clients of ZoomTrader can contact the customer support service via email or a live chat. Besides, there is a toll-free phone number for client from the UK, Italy, Germany, Spain, France, Austria, Belgium, Switzerland, the Netherlands, and Poland.

Additionally, the website contains the FAQ section where clients can find answers to their questions.

Education

The Education section of the website helps traders to get insight into the world of binary option trading.

Traders can use numerous educational materials such as electronic books, video tutorials, and professional courses.

Payment methods

Clients of ZoomTrader can replenish their accounts via bank wire transfers and electronic payment systems (Skrill Moneybookers or WebMoney). Besides, Mastercard, Visa, American Express, JCB and Diners Club bank cards are accepted.

The minimum amount for withdrawal is $200. This procedure takes up to 5 working days.

Pros:

  • a licensed broker;
  • a wide choice of trading accounts.

Cons:

  • demo accounts are not available.

Zoom Trader 1/10 (votes 2185)
Author of Zoom Trader: Zedain | Date 2024-10-03
ZoomTrade provides many bonuses that are very maximum to traders. Deposits are also affordable. They provide many account options to their traders. Currently, more and more traders are proving their superiority. I'm lucky to know ZoomTrade because the promos here are very real so that traders can have excess profits.
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Author of Zoom Trader: Malikh | Date 2022-06-23
Several times, I had tried Zoom Trader platform but they have failed to give me a reliable execution in the market. My trading experience at Zoom Trader is too bad, especially since their platform is bogus and they didn't pay my profit. Last time I found out their chart, which is different from the current market and my prices going to opposite direction too. When I contacted their support, they are inactive or didn't respond. So I say Zoom Trader broker is unprofessional.
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Author of Zoom Trader: Nizum | Date 2022-03-07
Zoom Trader is a reliable trading place for me so far. I can run my trade with a few investments of $10 in an ECN account and I have found many bonus promotions. Also, my order is executed instantly in a live chat and I can use advanced tools and indicators. They have a free learning course on youtube channel too, so I can develop my skill. So I am satisfied with Zoom Trade.
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Author of Zoom Trader: Ranut | Date 2021-12-14
I looked into the website of Zoom Trader and I was not impressed. The website lacked relevant information and it was basically just trying to attract clients without much effort. This kind of broker is not the kind that should be trusted.
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Author of Zoom Trader: Zhenda | Date 2021-05-27
I don't think ZoomTrader is a reliable broker. I have been waiting for my fund for 2 weeks now. I withdrew my profit 2 weeks ago via wire transfer which I also used to deposit my funds. But until now it's still on process. I even need to constantly ask them for an update before they give me one. I would understand a few days of delay. But for 2 weeks is too much. It's really wasting my time, also disappointing.
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Author of Zoom Trader: Cajetal | Date 2021-02-03
I am a professional option trader and I like their unique Tradologic platform for trading. Another feature that impressed me about them is that they allow to trade in One Touch, Touch Options, and Boundary system. I never had any problems with deposits most of the time it processed immediately and withdrawals takes a few hour. I am absolutely pleased with Zoom Trader.
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Author of Zoom Trader: Dahal | Date 2020-11-27
If you do not want to throw away you money, they you better stay away from Zoom Trader. I have invested $100 on this broker and I accomplished nothing because of their faulty platform. There is a lot of slippage and it completely ignores the the stop loss and take profit that I set. On top of that, it closed some of my trades without my permission.
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