Review: Zoomtrader Offers a Comprehensive Binary Options Trading Experience
by
Vasil Velev
The UK-based broker had its launch in 2012 and is one of the most well-known brands in the industry. With their comprehensive offering of option types and instruments they are one of the most developed brokers in the industry.
Zoomtrader offers a wide variety of trading instruments to its clients, including all the FX majors, lots of FX crosses, the leading world indices, stocks and commodities. This suits most trading styles and enhances the overall appeal of the site of those who want to switch between option types in various market conditions.
The company selected Tradologic as a platform provider and ZoomTrader is among those brokers who take full advantage of the range of possibilities that come with the former's platform. Digital, turbo, touch, one touch and range options are all available.
Digital hourly options expire every 15 minutes during regular trading hours, providing a great deal of flexibility and action for those who seek a balance between the fast pace of the turbo options and the daily and weekly ones. The offering is further improved by the provision of the extend and close functions, allowing traders to remain one step ahead of the market and take action before the expiration of the option.
Turbo binary options, the shortest options for one, two and five minutes are available primarily for the most liquid of assets such as the major FX pairs. Payouts vary between 60% for one touch options to 80% for digital. Turbo options can be expected to deliver up to 76% in profit. Touch option payouts can be as high as 140% but bear in mind this comes with a higher risk of losing the initial investment.
There are also daily expiries for those who like to stay away from excessive market fluctuations on a regular basis. Weekly and monthly options are available for those traders who want to diversify with binary options longer term. Touch, one-touch and range option expiries cannot be altered and these options expire on a default time setting, depending on the asset.
On ZoomTrader's main page, the “Trade Now” tab Leads to the Trading Platform which has a more intuitive arrangement than most brokers. The actionable fields where the user has to select an instrument and the direction of his/her trade are on the left and center of the screen, whereas the chart is on the right. The trader's sentiment panel is located under the chart (showing the percentage of traders who are either buying or selling the most popular currency pairs.)
Depending on a trader's initial investment, ZoomTrader offers 4 account types that can take advantage of bonuses from 20% to 100%. The largest among them is for deposits between $5,000 and $20,000, offering access to a personal account manager and additional educational materials such as videos, market reviews, webinars, etc.
There is one more account type reserved for those who are serious about trading binary options and can of course invest $20,000 or more. This VIP account has no set rules for bonuses and/or limitations or for the size of the trades. Of course, there is a turnover requirement for withdrawals for every bonus received and it is equal to 40 times the bonus.
ZoomTrader's website also provides a "Simulate Trading" feature on the main page, which gives you an idea of what to expect from trading binary options if you are new to the market. The same trading results are not guaranteed and are likely not going to be the same.
Overall, the site is client-centric and offers a wide array of options for binary traders in a well arranged manner. The account managers are among the most engaged ones in the industry and their attention is appreciated by many of the broker's clients who need guidance and assistance.
Zoomtrader offers a wide variety of trading instruments to its clients, including all the FX majors, lots of FX crosses, the leading world indices, stocks and commodities. This suits most trading styles and enhances the overall appeal of the site of those who want to switch between option types in various market conditions.
The company selected Tradologic as a platform provider and ZoomTrader is among those brokers who take full advantage of the range of possibilities that come with the former's platform. Digital, turbo, touch, one touch and range options are all available.
Digital hourly options expire every 15 minutes during regular trading hours, providing a great deal of flexibility and action for those who seek a balance between the fast pace of the turbo options and the daily and weekly ones. The offering is further improved by the provision of the extend and close functions, allowing traders to remain one step ahead of the market and take action before the expiration of the option.
Turbo binary options, the shortest options for one, two and five minutes are available primarily for the most liquid of assets such as the major FX pairs. Payouts vary between 60% for one touch options to 80% for digital. Turbo options can be expected to deliver up to 76% in profit. Touch option payouts can be as high as 140% but bear in mind this comes with a higher risk of losing the initial investment.
There are also daily expiries for those who like to stay away from excessive market fluctuations on a regular basis. Weekly and monthly options are available for those traders who want to diversify with binary options longer term. Touch, one-touch and range option expiries cannot be altered and these options expire on a default time setting, depending on the asset.
On ZoomTrader's main page, the “Trade Now” tab Leads to the Trading Platform which has a more intuitive arrangement than most brokers. The actionable fields where the user has to select an instrument and the direction of his/her trade are on the left and center of the screen, whereas the chart is on the right. The trader's sentiment panel is located under the chart (showing the percentage of traders who are either buying or selling the most popular currency pairs.)
Depending on a trader's initial investment, ZoomTrader offers 4 account types that can take advantage of bonuses from 20% to 100%. The largest among them is for deposits between $5,000 and $20,000, offering access to a personal account manager and additional educational materials such as videos, market reviews, webinars, etc.
There is one more account type reserved for those who are serious about trading binary options and can of course invest $20,000 or more. This VIP account has no set rules for bonuses and/or limitations or for the size of the trades. Of course, there is a turnover requirement for withdrawals for every bonus received and it is equal to 40 times the bonus.
ZoomTrader's website also provides a "Simulate Trading" feature on the main page, which gives you an idea of what to expect from trading binary options if you are new to the market. The same trading results are not guaranteed and are likely not going to be the same.
Overall, the site is client-centric and offers a wide array of options for binary traders in a well arranged manner. The account managers are among the most engaged ones in the industry and their attention is appreciated by many of the broker's clients who need guidance and assistance.
SVG Brokers Seek New Home in Other Jurisdictions after Regulator's Deadline
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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