Is ZoomTrader a Scam?

ZoomTrader Scam Inspection

ZoomTrader Scam Inspection

One of the ways the new traders in the binary trading industry lose is by being allured by the scam brokers that promise a lot, but don’t deliver. They are often taken in by the possibilities of riches which these brokers offer, but have their hopes shattered once these binary brokers prove to be scams. In the world of binary options, there are too many brokers, but too little regulation. Under such a condition the binary options brokers which are provided with the major amount of deposits and those which stand unregulated pose a threat to the traders. This is why it is essential to always check your sources before you commit to a binary options broker. Let’s do an in-depth ZoomTrader Scam Inspection and find out if the broker is legit or not.

ZoomTrader Scam | Is Zoom Trader a Scam?

Many of you must have already heard about the ZoomTrader which is a fast growing binary options broker. So you must have a given a thought to whether this broker is a scam or not.

This broker came into the industry in the year 2012 and they have been growing ever since. Initially there was quite a buzz about this broker being not genuine, but over the time this broker has proved its stability, which is why more and more people now trust this broker. There are a lot of interesting perks reserved for the broker’s loyal clients, thoroughly described in our ZoomTrader Review 2016 article.

Zoom Trader Trading Platform

ZoomTrader Trading Platform

The basic thing about the binary options industry is that each broker has its own rules and regulations which are mentioned under the ‘terms and conditions’ section. You must read that section to carefully manipulate your strategies; otherwise, even with the highest privileges you cannot garner any profits. Thankfully for the traders, they now understand ZoomTrader better and are becoming slowly acquainted with their platform and generating profits.

ZoomTrader Scam | Features of the accounts

Of course you should look at the features which the broker provides. It is essential to be very sure of which assets and which features you are going to deal with on their platform.

First of all, to start, you will have to deposit somewhere in the range between 200 to 499 USD to open an account in most binary options platforms. This means that the ZoomTrader Minimum Deposit to get started is 200 USD – which is okay by the industry standards. The largest account is Platinum and you will have to deposit 5,000 USD to avail the features of this account which include a 100% bonus on deposits.

ZoomTrader Scam | Trading features

You can trade with high and low binary options, No touch, one touch, 5 minutes, and range, touch up and down and so on. So basically both short term and long term trading features are available on this platform. They also avail you the daily market updates; coupled with the informational trading blogs and educational material such as video tutorials, free eBooks and so on.

If you hold higher accounts, you will be eligible to avail more features such as charts, account manager, signals and so on.

ZoomTrader Scam | Final verdict

From what it seems like, this trader is very basic in their approach. They could surely improve their platform, but they are definitely not a scam by any means. In our extensive research, we hardly found any major complaints regarding the functioning of their platform, and that goes a long way in proving that ZoomTrader is a legit broker.

ZoomTrader is a 100% legit broker; why don’t you get started on their platform today?

OPEN FREE TRADING ACCOUNT NOW!

ZoomTrader Scam | Live Website Preview

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Author: Ben Prescott
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