ZoomTrader
Ever since 2012 traders have been able to enjoy the trustworthy binary options broker ZoomTrader. It is a broker that believes that everyone should have an opportunity to trade in a simple yet successful way.
They offer a very wide variety of features of which all are designed to make trading simpler and easier. We decided it was about time to take a closer look at this popular web broker.
Basic information:
Online since: 2012
Jurisdiction: Cyprus
Software: Tradologic
Max Returns: 83%
Bonus: 100%
Minimum Deposit: $250
Minimum Investment: $10
Maximum Investment: $2500
Currencies: USD, EUR, GBP
Mobile: Yes
Countries: All nations excl. USA
Pros:
- It is a site with a very user-friendly platform
- Regulated by the reputable CySEC
- Keeps trading simplistic
- Return on Investments as high as 83%
- Mobile trading app
- Generous bonuses offered
- Excellent customer service
Cons:
- No demo account
7 Binary Options Rating:
ZoomTrader Special Features
Why is this broker considered trustworthy? The answer to that is because it follows the strict regulatory guidelines of CySEC, which is one of the most trusting seals of approval in the binary options trading industry. In order to use their name a web broker must adhere to strict rules about maintaining customers account funds in secure accounts and having a certain percentage of their overall funds insured. Trading on a site regulated by CySEC should give any binary options trader a lot of peace of mind that all the trading and transactions they do with that regulated broker will be fair and secure.
There are many bonus opportunities that ZoomTrader gives to those who sign up to trade with them. It all starts with a generous signup bonus that is unique to each account level.
Take a look at the various account levels with ZoomTrader.
- ZoomTrader Bronze Account – This account level is attained by making an initial deposit of $500 – $1999. It entitles this level account holder to a 50% bonus, 1 trading strategy and introductory binary option trading video courses.
- ZoomTrader Silver Account – This account level is attained by making an initial deposit of $2000 – $4999. It entitles this level account holder to a 75% bonus, free trading webinars, 2 trading strategies, market reviews and introductory binary option trading video courses.
- ZoomTrader Gold Account – This account level is attained by making an initial deposit of $5000 – $19,999. It entitles this level account holder to a 100% bonus, free trading webinars, 3 trading strategies, 2 risk free trades, same day withdrawals, market reviews, increased return on investment and introductory binary options trading video courses.
- ZoomTraderPlatinum Account – This account level is attained by making an initial deposit of $20,000 – $50,000. It entitles this level account holder to a 100% bonus, free trading webinars, 5 trading strategies, 2 risk free trades, same day withdrawals, market reviews, assignment to a dedicated account manager, increased return on investment, one on one trading sessions and advanced binary options trading video courses.
Additionally, every level account holder receives a complimentary binary option trading eBook and the weekly ZoomTrader market review. We thought the bonus trading requirements were on the high side and think something more fair could be worked out here.
ZoomTrader Trading Platform
This web broker’s platform has been designed using software provided by Tradologic. It is a platform that is innovative and includes a lot of platform features that are not seen on website’s that are not designed using this company’s software.
For starters an investor can choose between three different viewing modes when placing trades. They can choose between using multiple views, single view or even a simplistic classic view.
As far as trading assets go a user can select between commodities, indices, stocks and currencies. These can be traded with such option choices as:
- High/Low options
- One Touch options
- Boundary options
Expiration times include such popular choices as:
- 60 second options
- 2 minute options
- 5 minute options
- 15 minute options
- 30 minute options
- 1 hour options
There are also long term option choices such as
- End of the Day
- End of the Week
For more fundamental traders they have End of the Month options too.
There are also handy in trade features such as Close now and Extend now available during a trade.
All this is rounded out by the fact that ZoomTrader also offers those that trade with them a convenient mobile trading app. The app is compatible with most smart phones and other smart devices. It is a great way for those investors who are constantly on the go to keep up with the markets and place trades anywhere they can establish an internet connection to run the app.
ZoomTrader Customer Support
There is a nice variety of customer support options offered by this web broker; they include live chat, phone contact and email support. There is also a very detailed fax section that any customer can refer to. Support is offered in such languages as
During our ZoomTrader review we found that ZoomTrader provides a great customer support to its clients via live chat, phone lines and e-mails. There is also FAQ section, so it is very easy to get answers to your questions. Support is offered on several languages such as:
- English
- Spanish
- German
- Italian
- French
- Swedish
- Dutch
- Japanese
- Russian
- Arabic
- Turkish
- Portuguese
- Korean
- Chinese
Screenshot
ZoomTrader Banking
As was mentioned in the highlights of this website it is an ultra-secure and trustworthy site to trade on. It secures the transactions done on it with sophisticated 128 bit SSL encryption. The site also strictly follows ant-money laundering laws and allows those who sign up with them to use a variety of methods to make their initial deposit.
Withdrawals are not processed until your identity has been confirmed and account verification is something ZoomTrader takes very seriously. The minimum withdrawal amount is $200 as in Binary Option Robot which we feel is a little too high compared to what other web brokers are doing.
If you request a withdrawal ZoomTrader you will have to provide account verification before any funds are released.
Our Final Thoughts
This is not the greatest binary options trading site we have reviewed but it is also far from the worst. As we stated previously they like to keep things simple and that is exactly what you get here; a simplistic trading platform and a few nice trading tools thrown in that should go a long way toward helping you be a successful binary options trader with them. We don’t see any concrete reason why you or any of our other readers should not give them a try.
Additional information
Customer Service: Live Chat / Email: Support@ZoomTrader.com
Languages: English, Spanish, French, German, Italian, Swedish, Russian, Dutch, Japanese, Arabic, Korean, Turkish, Portuguese, Chinese
Trading Options: High / Low, One Touch, Option Builder, Meta Charts, Ladder Options
Early close: No
Expiry Times: High / Low, One Touch, Boundary, Touch Options
Deposits and Withdrawals: Visa, Mastercard, Amex, Bank Wire, Skrill Moneybookers, Diners Club, JCB, WebMoney
Withdrawal Time: 1 – 2 day
Demo account: No
ZoomTrader Articles:
7 Binary Options review: ZoomTrader: stars.
John certainly knows what he’s talking about. He graduated from California State University in 2008 with a Master’s Degree in Investments and Securities. Since entering the world of work, he’s continued to put his degree to use. He’s spent over a decade working in the investment banking sector and thanks to his foresight, skills and education, he’s in a prime position to offer help to others looking to start investing.
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