ZoomTrader

ZoomTrader

Score: 8.7
Bonus Amount: $2500
Min First Deposit: $200
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Broker Details

Name ZoomTrader
Founded 2012
Headquarters Location Republic of Seychelles
Website Languages English, German, French, Portuguese, Spanish, Russian, Polish, Italian, Arabic
Trading Platform Tradologic
Minimum 1st Deposit $200
Minimum Trade Amount $5
Bonus upto $2500 first deposit welcome bonus.
Options Profitability upto 183%
Free Trade Yes
Account Types Regular, VIP, Super VIP
Security and Privacy Offered Yes
Free Demo Account No
Deposit Methods Visa, Mastercard, AMEX, AllCharge, Sofort, JCB, Diners, Skrill, Boleto, Moneta, WebMoney, Yandex Money, Neosurf, AstroPay, Instantbank, Trustpay, Ideal, Poli, CashU, Multibanco
Trading Methods Up/Down (High/Low), 60 Seconds, One touch (Touch/No Touch), Range
Types of Assets Currencies, Commodities, Stocks, Indices
Number of Assets 66
Expiry Times 60 seconds, 2 Minutes, 15 Minutes, 30 Minutes, 1 Hour, 1 Day, 5 Days, 2 Weeks
Account Currency USD, EUR, GBP, BRL
US Traders Allowed USA
Mobile Trading No
Tablet Trading No
Free Assistance Yes
Free videos Yes
Free tutorials Yes
Market news & analysis Yes

Home Page screen shot

Screenshot 1

Trade page screen shot

Screenshot 2

Pros

  • Personal trading agent with free trade
  • Widest payment methods options with great welcome bonus

Cons

  • Max trade size is $500
  • No tablet or mobile trading support
  • No refund for losing trades
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Review

Background: ZoomTrader is one of the latest binary options brokers to join the market. It was launched in 2012 by AA7 group…

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Background:

ZoomTrader is one of the latest binary options brokers to join the market. It was launched in 2012 by AA7 group LTD and is based out of Seychelles. Currently Zoom Trader is available in more than 10 languages aside from English and is offering free support via chat, email and telephone.

The platform:

Zoomtrader.com is powered by Tradologic and as such broker you can expect a 100% web-based easy and secure trading experience, they also utilizes Reuters quotes feed and their whole registration to trading process is easy and super intuitive. ZoomTrader also offers it’s users the ability to close their options before the time of expiration or automatically extend the time of expiration after buying an option.

Their traderoom screen is very easy to navigate with upto four parallel asset trading screens available.

The five trading methods on zoomtrader.com are:

  • Digital (up/down or high/low) – will the option’s price go up or down from base price until expiry time.
  • 60 seconds – up/down in a 60 seconds limit.
  • Touch / No touch  – will the asset’s price touch or will not touch a certain price.
  • One touch – will the asset’s price touch the target price until expiry time.
  • Range – will an asset’s price reach any price between a set price range.

Pay attention to:

  • zoomtrader minimum first deposit accepted is $100 and the minimum trade size allowed is $5 (great for new traders looking for the most risk-free trading experience they can find)
  • Maximum trade size allowed is $500 (less suitable for high volume traders)
  • ZoomTrader does not currently offer any rebate on losing trades.
  • One of the few binary options brokers to allow it’s traders to deposit and trade in Brazilian real.
  • First deposit welcome bonus is relatively high and can reach upto $2,500
  • Zoom Trader accepts many payment methods (including American express) including many alternative and local payment methods.
  • Currently they offer 8 different expiry times ranging from 60 seconds to 2 weeks.

Conclusion:

Although zoom trader is a relatively new binary broker it is best suited for new traders since they offer low entry deposits and low trading limits while offering free assistance from a dedicated trading agent, free trades for new traders and have a wide range of payment and withdraw methods. Their platform is reliable and powered by a well known compnay (tradologic) within the binary trading industry.

zoomtrader.com binary options broker review
zoom trader binary options review
Date Published: 03/27/2013
zoomtrader online binary options broker review by INVESThing.net staff
8.7 / 10 stars
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