ZoomTrader Review

Binary Trading with ZoomTrader

ZoomTrader is a binary options broker who is present in the industry since 2012. This brokerage is owned by Novox Capital Ltd. 


Zoom Trader Trading Platform

Zoom Trader choice of preferred software is Tradologic, one of few in binary industry. This broker provides traders in South Africa a wide selection of trading tools and features that can assist them to achieve high payouts when trading binary options. One of the great trading features that Tradologic software enables traders is possibility to choose between single and classic view modes.

Minimum deposit for start trading binary options with ZoomTrader is $250 and maximum bonus reaches $10000, where bonus trading terms are 30x turnover. This broker accept traders from around the world, including South Africa. Traders are able to place trades by choosing among many different currencies, such as USD, EUR, GBP, Yuan and AUD.

Highest return that South African traders can achieve with ZoomTrader is 83%. Minimum investment is set to $10 and maximum investment is $2500. 


ZoomTrader Trading Features and Services

Traders worldwide can trade with a variety of different underlying assets, such as stocks, currencies, commodities and indices. A full list of available assets, traders can find in Asset Index, under Trading on the bottom of the site. With a chosen assets, ZoomTrader offers several different trade options, such as High/Low, One Touch, Touch Options and Boundary. This broker offers great possibility to select many different expiry times while trading binary options. These times of expiry are: 60 seconds, 2 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hr, 24hr +, end of day, week and month.

South African traders can use ZoomTrader mobile app when they are on the go. This way, traders can continue trading binary options when they aren’t in front of their monitors. Mobile trading enables so many advantages which are possible thanks to technology development in the last few years. ZoomTrader mobile app is compatible with iOS and Android system so that Apple and Android users can use it when trading binary options on financial market. Traders can trade with more than 30 underlying assets with no hidden fees or ads.

To traders in South Africa and in other countries across the globe, ZoomTrader offer multilingual trading platform in following languages: English, German, Italian, Spanish, French, Dutch, Turkish, Japanese and Arabic. With such a variety, ZoomTrader is truly one of the global binary brokers who provide secure trading that is accessible to traders around the world.


ZoomTrader Trading Accounts

ZoomTrader provides traders with 3 account types to choose from. These accounts are: Bronze, Silver and Gold account.

ZoomTrader Bronze Account
  • minimum deposit $1000 – $4999
  • introduction video tutorials
  • 1 trading strategy
  • weekly market reviews
ZoomTrader Silver Account
  • minimum deposit $5000 – $9999
  • introduction video tutorials
  • video tutorials for advanced traders
  • 2 trading strategies
  • daily and weekly market reviews
ZoomTrader Gold Account
  • minimum deposit $10000 – $50000
  • introduction video tutorials
  • dedicated account manager
  • video tutorials for advanced traders
  • 5 trading strategies
  • withdrawals on the same day
  • daily and weekly market reviews
  • 1 on 1 trading sessions on weekly basis


ZoomTrader Customer Support Service

Traders can reach ZoomTrader through several ways, via email on support@zoomtrader.com, live chat and telephone. Phone is available for these countries: UK, Italy, Germany, Spain, France, Austria, Belgium, Switzerland, Netherlands and Poland. They offer a secure trading platform and agents are very good on live chat and provide assistance during trading process.

ZoomTrader offers traders a platform that is available on many different languages, which largely simplifies trader’s understanding of binary options trading process. In case they want to get quick answers regarding trading or payment issues, they can check FAQs. There, traders can find a wide range of answers regarding each step of the trading process which contributes in having better knowledge of how binary options trading works. Besides FAQ, traders can use Education tab where they can get a closer insight into binary trading world and how to be successful in it. They can use many useful materials, such as ebook, Interactive Introduction, video tutorials and also, advanced courses for those who have years of experience in trading binary options.


ZoomTrader Banking Info

In order to do their best to protect trader’s financial and personal data, ZoomTrader uses SSL encryption technology. With this type of protection, trading binary options with this brokerage becomes secure. Traders can make payments through several available options, such as credit cards, bank wire transfer and e-wallets. Accepted credit cards are: Mastercard, Visa, American Express, JCB and Diners Club. For those who prefer other methods, they can use transfer via bank wire and e-wallets (Skrill Moneybookers and WebMoney).

Before making any payments, traders have to verify their account, by providing few documents to ZoomTrader, such as photo ID, copy of credit card if it is used in the process and proof of address. Minimum withdrawal is $200, which is relatively high amount in comparison with other brokers. Usually, withdrawal process is 5 business days. However, ZoomTrader is trustworthy due to traders’ overall satisfaction and transparent business conduct.