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ZoomTrader Review

 

General info

 
ZoomTrader has come online in the last year or so and quickly become one of the more popular and widely known binary options trading platforms available. Although it may not be perfect, it offers five easy to use trading modes and high payout rates, it is user friendly and certainly as good as any of its competitors.
 
Minimum investment: 200 USD
Options profitability: from 75% to 81%
Option refund if out of the money: 0%
Can trade: Forex, Indices, Stocks, Commodities
Traders from USA: Allowed
Platform: Tradologic Platform
zoomtrader review
 

Main features

 
First and most importantly, ZoomTrader offers a more than adequate range of assets to choose from, including familiar commodities such as gold, silver, coffee etc, most of the major indices, currency exchange rates, and a number of multinational companies (McDonalds, Facebook etc.). They also offer five reasonably innovative and well designed modes for trading. These include Digital - a simple higher/ lower prediction system; Range - the user must predict if the price will stay within a pre-given range; One Touch – will the price 'touch' a pre-given level or not; Touch Up/ Down – similar but with two options, and 60 Second. The modes are all simple, and although not necessarily always easy to make predictions on, the graphs are for the most part clear and readable. A slight downside is that the system may be a little too simple for highly advanced traders.
 
To set up an account and make a deposit is very easy; the whole process takes no more than five minutes. It is possible to deposit via credit card, wire transfer or an online payment method such as Moneybookers. Withdrawals are mostly done via wire transfer and take 2 – 5 days; a number of identifying documents are required for the process to be initiated. Our withdrawal took five days exactly.
 

Special features

 
A number of intersting features make this website a little differnt to its competitors. Firstly, there are various cash bonuses available, depending on how much the user is willing to deposit. As a rule, the larger the deposit the larger the bonus percentage. We always advise you to check the bonus terms before applying for a bonus, as all bonuses come with specific requirements. Also impressive is the payout rates that these guys offer. On certain trades the payout is as high as 91%, which is one of the highest rates we have found. There is an interesting autotrader function available, which although a little confusing at first offers the potential for an occasional massive win by doubling up the winning percentages for as many 'contracts' as you ask for. The more contracts you sign up for the higher the potential win, but obviously the higher the chance you will lose as well.
 
The 60 Second trading function is still relatively hard to find on binary options websites; ZoomTrader offers this in a nice easy to use format. This is particularly nice as it offers the option to make a profit in one minute for savvy traders.
 
Also, they post a 'Daily Market Review'; a detailed summary of what various stocks and markets are doing around the world every morning, in a bid to give traders an edge with their predictions. A number of instructional videos and tutorials are available for depositors, and lastly, every trader gets assigned a personal trading agent. This agent is available to provide personlaised training, advice, and answer any other queries a trader might have.
 
 
zoom trader review
 
 

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