ZoomTrader Review


Reviewed by:
Rating:
4
On November 16, 2013
Last modified:July 3, 2016

Summary:

ZoomTrader Review - Is ZoomTrader Scam?

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Founded in 2012, ZoomTrader is an Internet-based Binary Option trading platform based in Mahe, Seychelles. Besides allowing traders to trade with a wide selection of financial instruments, ZoomTrader also offers high returns that may be as much as 83 per cent. One big plus for ZoomTrader is that the broker does not require traders to pay any commission or fees, so transaction costs are negligible. At ZoomTrader, you will be able to trade many type of options, such as currency pairs, commodities, stocks and indices. The broker, like most other brokers, also has some unique tools to offer traders, including ‘Close’ and ‘Extend’: while the former tool allows traders to close their options before the expiration time comes, the latter lets traders extend the expiration period even after they have bought the option.

ZoomTrader Registration

Registration at ZoomTrader is both easy and free of charge! The first step is to visit the broker’s website, and choose ‘Open a New Account’ on the top right corner of the page. Next, you will be asked about your name, address and other necessary details. Then you have to deposit the investment into your account, and that concludes the registration process. You can begin trading right after that if there is nothing wrong. Remember you need a minimum deposit of $100 in order to be eligible for trading.

zoomtrader review

ZoomTrader Unique Features

The famous TradoLogic online trading engine powers ZoomTrader’s trading platform. This allows the platform to be equipped with some unique tools and features that cannot be found elsewhere. Some of these tools and features include the single view, multiple view and classic view mode. Like most platforms, there are some charts on the trading interface that displays real-time price updates from the market. As previous stated, ZoomTrader allows its traders to use some of its unique features like ‘Close Now’, where traders are able to close their trades before the expiration time, or ‘Extend Now’, where traders can delay the expiration of their contracts. The ‘Extend Now’ feature allows traders to rollover their trades to the next expiry period.

ZoomTrader lets traders trade 5 different types of options. The first one is the classic High/Low options, which is also the simplest type. In the One Touch options, traders have to choose an amount that the option will reach within a given period, while in the Range options, traders will choose a range in which the price of the option will remain within when the expiration time comes. In the Touch Up/Down (or Double Touch) options, traders are able to choose whether upper or lower limits of asset price. The last type is Turbo options, also known as 60 Seconds options, let traders carry out fast trades whose expiration time is just 60 seconds. If you can make the most of these tools, you can receive up to 83 per cent returns on your investments. There’s quite a few other brokers with better return like Stockpair. For more information, read Stockpair Review.

ZoomTrader Advantages:

  • Different ways of funding
  • High bonuses
  • Customer support available 24/7
  • A wide range of underlying assets

ZoomTrader Disadvantages:

  • More resourceful education section is needed
  • More details about the management and owners of the company should be included in the ‘About Us’ section.

Zoomtrader Review Video
Why ZoomTrader?

The trading platform offered by ZoomTrader is both professional and sophisticated, which allows traders to make real-time trading decisions from a highly protected account. The platform is online, which means you do not have to download any software to trade, and you can trade from your PCs, laptops or even smartphones. The binary spread lies between 0 and 100, and there is no option spread. ZoomTrader establishes the strictest security standards to protect traders’ accounts. It is also available in 12 different languages: English, French, Italian, Spanish, Dutch, Arabic, Turkish, Chinese and Japanese.

You can access ZoomTrader’s customer service 24/7 via live chat, with a dedicated staff waiting to solve all your concerns and problems.

You will find that ZoomTrader offers everything you need to increase your investments. ZoomTrader has become one of the most popular choices of trading platform nowadays as binary options are getting more attention. Furthermore, the partnership between ZoomTrader and TradoLogic can prove that the company’s service is reliable for your online trading.

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ZoomTrader Review - Is ZoomTrader Scam?
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Author: David Wilson