ZoomTrader Broker Review

zoomtrader logo

Established in 2012, ZoomTrader is one of the leading regulated binary options brokers in the industry today. The brand is managed by two separate companies, Novox Capital Ltd for the European markets under the brand ZoomtraderGlobal and by Hithcliff Ltd for the international market.

For the European markets, ZoomTrader operates under the jurisdiction of the Cyprus Securities Exchange Commission (CySEC) with the CIF license number #224/14. We have received many inquiries about this broker and we wondering what is all the fuss about. After careful investigation, we found out more about ZoomTrader and are ready to share our knowledge with fellow traders.

Basic information:

Online since: 2012
Jurisdiction: Cyprus
Software: White Labelled Tradologic
Max Returns: 83%
Minimum Deposit: $250
Bonus: 100%
Minimum Investment: $10
Maximum Investment: $2500
Currencies: USD, GBP, EUR
Mobile: Yes
Countries: All Countries except the USA

Pros:

– Easy to use
– Many deposit options
– Relatively high maximum returns

Cons:

– no demo account offered

Binary Minery Rating:

4,5 stars

Start trading

ZoomTrader Special features

ZoomTrader is giving its traders many advantages over those trading with other binary options brokers. One of these advantages is a wide choice of account types and deposit options. In order to cater to a diverse clientele base, ZoomTrader has provided 4 different types of trading accounts for them to choose from. They include the following:

Bronze Trading Account

Silver Trading Account

  • Minimum Deposit of $5,000
  • 2 trading strategies
  • Daily market reviews
  • Weekly market reviews
  • Introduction video course
  • Advanced video course

Gold Trading Account

  • Minimum Deposit of $10,000
  • 5 trading strategies
  • Daily market reviews
  • Weekly market reviews
  • Introduction video course
  • Advanced video course
  • Dedicated account manager
  • Same day withdrawals
  • Weekly one-on-one trading sessions

Platinum Trading Account

They also offer traders a deposit bonus of up to 100%. In addition to all the benefits for each specific account type, all trading accounts qualify for a free ebook download.

ZoomTrader Support information

In terms of customer support, Zoomtrader has an excellent support team which is constantly on standby to give traders a hand anytime assistance is required. Their main support office is located at Nwms Center 3rd Floor; 31 Southampton Row, London, England, WC1B 5HJ. Traders can get in touch with support by email, live chat or through the phone. For telephone support, the following localized phone numbers are available for the listed countries below:

  • Australia: +61.283.173.228
  • Austria: +43.720.775.351
  • Canada: +1.6475.584.897
  • China: 86.105.994.8867
  • Germany: +49.322.210.927.86
  • Netherlands: +31.858.880.621
  • New Zealand: +64.483.034.42
  • Switzerland: +41.435.084.322
  • UK: +44.203.807.0590

Contact:

Office 3.11,

Nwms Center 3rd Floor;

31 Southampton Row,

London, England, WC1B 5HJ.

support@zoomtrader.com

Billing agent:

Office 3.11,

Nwms Center 3rd Floor;

31 Southampton Row,

London, England, WC1B 5HJ.

support@zoomtrader.com.

Screenshot

ZoomTrader screenshot

ZoomTrader Banking Info

For the traders’ convenience, ZoomTrader has provided 3 main types of transferring funds namely credit/debit cards, E-wallets and wire transfer. Supported cards include VISA, MasterCard, Diners and Maestro. Depending on your location, you can use the following E-wallets to deposit funds:

  1. Boleto
  2. iDEAL
  3. Skrill
  4. Sofort

PaysafeCard is also supported by ZoomTrader. As for withdrawals, ZoomTrader does not restrict it to any specific cards or bank wire transfer. However, they do impose a minimum amount that you can withdraw which is $100. The normal processing time for withdrawal is 3 days while Gold and Platinum accounts enjoy shorter withdrawal time which is one day.

ZoomTrader Company Info

Founded in 2012, ZoomTrader is managed by 2 separate holdings companies, Novox Capital Ltd and Hithcliff Ltd. ZoomTrader is licensed by the Cyprus Securities Exchange Commission (CySEC), which permits it to operate and advertise within the EU.

Additional information

Customer Service: Email: support@zoomtrader.com / Live Chat / Localized support numbers
Languages: English, Spanish, French, German, Italian, Swedish, Russian, Dutch, Japanese, Arabic, Korean, Turkish, Portuguese, Chinese
Trading Options: High / Low, Boundary, Touch Options, High Yield Options
Assets: Currencies, Stocks, Indices, Commodities
Expiry Times: Ranges from 60 seconds to 30 days
Deposit Methods: Credit/Debit cards, Bank Wire, Boleto, Skrill Moneybookers, Maestro, iDEAL, Sofort, paysafecard
Withdrawal Methods: Credit/Debit cards, Bank Wire, E-wallets
Withdrawal Time: 1-2 workdays
Demo account: No, the access is available only after making a deposit

Start trading

ZoomTrader Articles

ZoomTrader Demo Account

ZoomTrader Minimum Deposit

References/Further Reading:

  1. Category reviews as market-shaping events  (Frank Azimonta, , Luis Araujo)
  2. A time series/cross section analysis of the determinants of Australian trading bank loan/deposit interest margins: 1962–1981  (R.W. McShane, I.G. Sharpe)
  3. Run-proof banking without suspension or deposit insurance  (Gianni De Nicoló)
  4. Export subsidies and international market share rivalry  (James A. Brander Barbara J. Spencer)
  5. International Expansion by New Venture Firms: International Diversity, Mode of Market Entry, Technological Learning, and Performance Shaker (A. Zahra, R. Duane Ireland and Michael A. Hitt)
  6. International Transmission of Stock Market Movements (Cheol S. Eun and Sangdal Shim)
  7. An equilibrium model of the international capital market (Bruno H Solnik)
  8.  Growing the entrepreneurial firm: networking for international market development (Nicole E. Coviello, Hugh J. Munro)
  9. International Market Entry and Expansion Via Independent or Integrated Channels of Distribution (Erin Anderson and Anne T. Coughlan)
  10.  The human resource management practice of retail branding: An ethnography within Oxfam Trading Division (Stéphane J.G. Girod)
  11.  A principled study of the design tradeoffs for autonomous trading agents (Ioannis A. Vetsikas Cornell University, Ithaca, NY Bart Selman)
  12. Product Development Know-How: Trading Tactics For Strategy (Adler, Paul S; Riggs, Henry E; Wheelwright, Steven C. Sloan)
  13.  Electronic trading in the supply chain: a holistic implementation framework (Kulwant S. Pawar, Helen Driva)
  14. Not sharing but trading: Applying a Maussian exchange framework to knowledge management (Efrosyni Konstantinou)
  15. Just How Much Do Individual Investors Lose by Trading? (Brad M. Barber, Yi-Tsung Lee, Yu-Jane Liu)
  16. Individual Investor Trading and Stock Returns (Authors RON KANIEL, GIDEON SAAR, SHERIDAN TITMAN)
  17. Approach-withdrawal and cerebral asymmetry: Emotional expression and brain physiology (I. Davidson, Richard J.; Ekman, Paul; Saron, Clifford D.; Senulis, Joseph A.; Friesen, Wallace V.)
  18. The Trading Volume Impact of Local Bias: Evidence from a Natural Experiment (Heiko Jacobs1 and Martin Weber)
  19. Wholesalers as Global Marketers (Bert Rosenbloom  & Trina Larsen Andras)
  20. Competition Policy and the Global Trading System (Bernard Hoekman)
Binary Minery Review: ZoomTradder: 4,5 stars.