ZoomTrader: There are lots of binary trading industry on the internet but all the not the safe and secure platform. Some system is complete scams and will make only loss rather than profit, so Zoom Trader is also one of those. Binary options is a swiftly growing industry luring gullible money from the people and fall into a scam which will scramble their finance. This is in fact, with very less regulation providing a well-managed environment for scamming. The scam in question is not another signal service or trading system for sale. It is a binary options brokers with an impressive portfolio.
Zoomtrader developed in 2012 have it’s offices in British Anguilla. Zoomtrader could be the next most iniquitous broker after the well-acclaimed cedar finances. Yet, Zoomtrader has some of the best facilities which is quite unexpected, if they were the scams and they are- When you trade with the Zoomtrader they will give you profits up to 83% of returns on every winning trade. All the money won or loss will be displayed that will give you easy hold onto the money or invest you spend. And most importantly, the Zoomtrader do not charge for any brokers commission which you can make the trade free choosing your favorite brokers.
Is ZoomTrader a Scam? Find Out The Truth:
Zoomtrader is a site with appealing features. This system or options brokers accept not only traders from the UK but also U.S.A. Like any other stereotypical poster scam site too offers the so called high ‘Bonuses’. They claim to trade in up to six currencies which is an impressive deviance from the other broker sites.
There are many attractive features included in this software, like the education center from which any beginners can make the easy trading. You are also provided with the webinar tools that is always updated with the new and latest information that will help yu make effective tradings.
Zoomtrader is also provided with the Mobile application which you can make the trading on your phone anywhere or anytime. You can download the app on both the Android and iOS device.
Zoomtrader also offers more payment methods in comparison to other broker sites, which is quite strange and alluring at the same time.They have gone to great lengths to make you believe in them and they are quite successful in it. But as usual, charade doesn’t keep up well always.
Some basic methods of ZoomTrader
Here let us check out some of the important trading details for the Zoomtrader which you have to know before you use the software. In fact, the process for making the trade is very in the Zoomtrader which actually are very attractive for the new beginner in the trade market. And thus many of them chose for trading via Zoomtrader.
So the methods for trading in Zoomtrader are like
- They basically deal with five tier of accounts.
- The lowest account (the Bronze account) is from $1000.
- The largest account (the platinum account) is from $50,000 to higher amount.
- Many types of traders are available like – one touch, no touch, touch up/down, range and 5-minute trades.
- Some very attractive features are present like daily market updates, up to date trading blog functioning as economic calendar, a free eBook, a full set of video tutorials covering a number of different trading topics, et all.
What are the types of Accounts available in ZoomTrader
So if you have decided to make the trade in the Zoomtrader, you must check on the account provided. There are about 4 accounts starting from simple to professional. And all the account type differs from each other in terms of features and pricing.
Bronze – You can get this account by purchasing at just $1000- $4999. Features included are like- 1 trading strategy, Weekly market reviews, and Introduction video course.
Silver – This account type are costlier ranging from $5000-$9999. Having the features like- 2 trading strategies, Daily market reviews, Weekly market reviews, Introduction video course and Advanced video course.
Gold – For more professional level, you can choose by buying at $ 10,000- $50,000. They have features like-5 trading strategies, Daily market reviews, Weekly market reviews, Introduction video course, Advanced video course, Dedicated account manager, Same day withdrawals and Weekly one-on-one trading sessions.
VIP (Platinum) – Now this is the ultimate account, that cost about $50,000 where you will get all the features in it. For buying, you have to contact to your particular station or city, and also the depositing of money will be in their office.
Is Zoomtrader a Scam or Legit?
First of all no ‘Demo Account’ is present in the site which is very important and unusually absent among binary trading options. It’s quite irritable.Secondly, no essential tools are present for controlling trades which is a very important tool for regulating a broker option.
Then next is the absence of reference on site to rolling over, doubling up or closing out of a trade early to take profit or cut loss. These things are very important and crucial when it comes to feasible binary trading. Without these tools, no trade will be profitable.
Well, the final and most bitterness about the Zoomtrader is being the expensive account. When you start for the trading with any account in Zoomtrader you will definitely see an expensive trading account which starts from the 1,000 USD to 50,000USD. Now when you are looking for a small investment to start the trade, Zoomtrader is not the platform for you. Besides, you can also not make any confirmed acknowledge that using such huge amount of money in the bet, and in return, you will get the 100% profit. When you lose the bet you all the money added will get lost in a matter of second. So there is a high risk of losing everything, and only those who have enough money to spend $50,000 and also if a loss will not hamper their financial state should attempt to trade using the Zoomtrader.
So, therefore, if you are looking for the best platform to make a trade, Zoomtrader should not be on your list. There are many Hence even if trading options look feasible and appealing without any interfacial errors, don’t just always go the ornamental presentation. Binary options like Zoomtrader can look appealing with fewer surface glitches it’s indeed blotchy and promiscuous in its nature. So, therefore, to be cautious is the right thing to be right now and to stay away from scam sites like this for good.