ZoomTrader Demo Account

zoomtraderZoomTrader Demo AccountGetting a binary options broker that is legitimate and offers high quality and dependable services is not easy. This is why a good number of binary of binary options traders across the globe have already fallen victims to the ever increasing number of scam brokers in this industry. To avoid such a scenario, you should rely on the reliable source of factual broker information, 7binaryoptions. Throughout this article, we will elaborate on whether the ZoomTrader online binary options platform is legitimate or a scam provider.

The ZoomTrader broker offers an international binary options trading platform that is supported by one of the most versatile and reliable software in the industry. This makes the platform easy to understand and navigate while opening and closing positions on this online binary options trading platform. Additionally, the company offers many services, tools and features to help the relatively inexperienced traders to profit from trading binary options on their online platform. For instance, the company offers learning tools to help beginners learn the basics of fundamental as well as technical analysis of the market. To further enhances of learners succeeding on their binary options platform, the broker provides traders on this platform with accurate and more elaborate market reviews.

Regardless of the many support features and learning tools offered by any binary options broker or binary option robot, beginners in this trader are rather hesitant when it comes to investing in real trading accounts. To help such traders learn the trade and build their confidence in opening and closing options, the ZoomTrader broker is offering Demo accounts for its traders. The ZoomTrader demo accounts are designed to help learners to practise the various binary options trading strategies and perfect their skills in trading binary options. Additionally, the demo accounts may be used by the experienced traders to learn how to use the various features and tools offered by the ZoomTrader broker; hence better their chances of succeeding while trading binary options on the ZoomTrader platform.

In addition to the highly beneficial demo accounts, the broker also offers its customers education on trading binary options in the form of eBooks. To access the demo trading account offered by this company, the traders on this platform are required to register an account with the broker and make the initial deposit. The ZoomTrader demo account presents traders with virtual funds to open and close positions in a real market environment. This is to mean that the demo account presents the traders with market challenges to those found in a real trading account. As such, traders using the ZoomTrader demo accounts have an opportunity to perfect their trading skills in a real market environment without risking their money. We have also offered some tips to help our readers get the most of the real and demo accounts on the ZoomTrader online binary options platform.

The demo accounts offered by this company have no limits and may be operated for a long time. This is in a bid to give beginners ample time to learn the various trading strategies before they can venture into the real trading environment. To get a demo account with ZoomTrader, you need to contact your account manager, regarding the same, after you have made your initial deposit. The account manager will also inform you on the amount of virtual funds you can get in your demo account. Once you are ready to trade in binary options, you can choose from the five different account types offered by this broker. In addition to these, traders using the ZoomTrader binary option platform have many deposit and withdrawal methods to choose from. Currently, the ZoomTrader platform offers its customers more than 20 assets to trade in. The ZoomTrader demo trading account may be taken to be a test platform for traders to try the various assets, software, features and tools offered by the broker before investing in a real trading account.

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ZoomTrader, Tradologic Solutions Limited

The ZoomTrader binary options platform is among the leading providers of reliable support services, broad-based features a well as services in the binary options platform. This is why the company is among the well renowned binary options brokers in the market. The software used by the ZoomTrader web-based binary options trading platform is offered by Tradologic Solutions Ltd. Tradologic is currently among the leading providers of state-of-the-art binary options trading software and some binary options signals too. This is to day that the binary options platform at ZoomTrader makes use of some of the best technology in the industry. The thousands of traders currently using the ZoomTrader binary options platform can attest to the fact that this software makes it easy for the beginners as well as the experienced traders to profit from the trade.

Although Tradologic has had some cases of unethical conduct by its owners in the past, such glitches have been iron out and Tradologic is currently a good provider. The software used on this platform offers outstanding bank integration, hence offering traders on this platform easy, fast, convenient and very secure payment processing services. The ZoomTrader broker has a physical address and its headquarters are situated in Seychelles. However, Tradologic Solutions Limited is a Cyprus-based company. The binary options trading software offered by Tradologic is authentically registered in Bulgaria. Currently, the ZoomTrader online trading platform is also registered and regulated by the CySEC. In this regard, the ZoomTrader broker has a certificate from CySEC as a proof that the broker is duly regulated.

Tradologic Solutions Limited, on the other hand, is compliant with the rules and regulations imposed by various binary options broker regulators in the industry, including regulations by the FCA, CySEC and FSA, among other regulators. Therefore, the fast and highly efficient binary options trading platform offered by ZoomTrader may be attributed to the top-of-the-range software provided by Tradologic.

The Tradologic Solutions Limited software company has provided binary options trading software for many other brokers in the past, including some of the well renowned binary options brokers in the industry. As such, the software offered by this software company for the ZoomTrader online trading company is reliable, highly efficient and easy to operate for the traders on this platform. Below is the physical address for this software company:

Tradologic Solutions Limited,

95 Arch Makarios Avenue Charitini Building Nicosia Nicosia 1071 Cyprus.

Is the broker Legitimate?

By offering some of the best binary options trading assets, features, tools and services in the industry, ZoomTrader is currently one of the best brokers in the market. Their binary options trading platform is supported by a reliable and efficient platform, which offers a remarkable trading experience for the traders on this platform. The company values the beginners in binary options trading just the same way as it values the experienced traders on its platform. This is why the platform offers an array of support services and features to help the learners learn hoe to effectively trade in binary options and continually profit from the trade.

The online trading academy offered by the ZoomTrader broker features various training materials, such as eBooks, webinars and a personal training advisor. Additionally, beginners in this trade may take advantage of the demo accounts offered by this broker to enhance their binary options trading skills. To further cushion new traders from loss in the real trading platform, the company also offers huge bonuses for all the traders on its binary options trading platform. Another remarkable aspect of this broker is their customer help services. In addition to providing their physical address, the ZoomTrader broker has also provided various ways, in which their customers can get their issues resolved. In this regard, the customer hep services at ZoomTrader are timely and helpful.

This being the case, it is comparatively easy for traders to have their problems effectively resolved in a very short period. However, you need to be registered with the broker for you to get customer help services on this platform. For traders to trust a broker and invest their money with it, the traders need to have a substantial amount of information about the broker. The ZoomTrader binary options broker has done a commendable job in this regard. The broker has provided all the essential information on its website for all its customers to see. For instance, the company has a comprehensive FAQs section, which comprises of the issues commonly faced by traders on this platform.

Additionally, the ZoomTrader broker supports an array of payment processors. This makes it more convenient, faster, and easier for traders in various parts of the world to deposit and withdraw funds into and out of their ZoomTrader trading accounts. Although the company offers huge bonuses for its customers, the bonuses are bound by a set of rules and regulations. It is highly advisable for traders to go through these bonus terms and conditions prior to accepting the bonuses offered by this company. To simplify matters for our readers, the ZoomTrader broker requires its customers to reach a certain turnover prior to withdrawing proceeds from the awarded bonuses.

The software that supports the online binary options trading platform at ZoomTrader is equally appealing. It offers the traders on this platform to access the platform in two different modes for improved versatility and ease of trading in binary options. The broker website is also user-friendly and easy to navigate. The ZoomTrader allows traders to take part in the various options it offers on its online trading platform, including one touch, turbo, range trading and touch options.

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Are There Reported Fraud Cases by Zoomtrader?

In addition to being an experienced and offering efficient online binary options trading platform, ZoomTrader is currently one of the most sought after brokers in the market. Since its inception into the market to date, the broker has been offering unmatched services and features for traders from many parts of the world. The trading expertise offered by this trading platform is also exceptional in that it offers highly beneficial tools and features, fast and helpful customer help services and an array of trading options for traders to invest in the many assets it offers. According to the binary options experts at 7binaty options, the ZoomTrader binary options broker is one of the few recommended brokers for beginners in this trade. This may be attributed to the fact that the broker offers a wide range of training and customer support features and tools for such traders. All in all, the company is very legitimate and has a physical address.

For the period that ZoomTrader binary options broker has been operational, there has been no reported cases of fraud activities by the broker. To further enhance the trust that binary options traders have in their platform, the company got registered with and is currently regulated by CySEC. Although there are currently many scams in the binary options industry, not all binary options companies are scams. We have tested and investigated all the aspects of the ZoomTrader online trading platform and are confident that it is an authentic binary options platform.

Since the software used by the ZoomTrader trading platform is offered by Tradologic, you should expect to get nothing, but the best trading experience on this platform. This is because of the unique and very helpful tools and features offered by the platform, some of which are not offered by other brokers in this industry. Additionally, traders on this platform have many assets to trade in as well as many trading options, hence allowing them to diversify their investment and profit from trading in binary options.

The Withdrawal Process at ZoomTrader

Just as there are many accepted methods of deposit into ZoomTrader trading accounts, there are numerous ways, through which traders can withdraw money from their ZoomTrader accounts. All the account types offered by this company, including Mini, Bronze, Silver, Gold and Platinum support easy, fast and secure withdrawals using an array of withdrawal methods. As a matter of fact, ZoomTrader is one of the most flexible brokers, with regards to funds management. If you decide to accept a bonus from this company, you should make a point to read the bonus terms and conditions. This way, you will not be frustrated to learn that you cannot make a withdrawal from your ZoomTrader account because you accepted a bonus from the broker.

If you are withdrawing an amount that is greater than the initially deposited amount, you may use Bank wire or credit card mode of withdrawal from your account. With the wire transfer transactions at ZoomTrader, the traders may be required to verify their identities prior to the withdrawal being processed. To withdraw from your ZoomTrader account, you should follow this procedure:

  • Log into your ZoomTrader account and navigate to the “Cashier” button
  • From the listed options, select the “Withdraw” tab and fill the provided form
  • Submit the withdrawal request by clicking on the Withdrawal” button

The minimum amount that traders may withdraw from their trading accounts at ZoomTrader is currently set at 200 currency units regardless of your preferred currency. There is also a weekly withdrawal limit from traders’ accounts, which is set at 5000 currency units. All the withdrawal transactions from ZoomTrader accounts are also very secure.

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References and Further Reading:

1. Estimating strange attractor’s dimension in very noisy data, application to FOREX time series (MA Torkamani, J Asgari, C Lucas – 2006)

2. Call A call option gives the owner the right to purchase the underlying instrument at a particular price (known as the strike price) any time before expiration. Ceiling … (A Contract, C Pair – 2013)

3. Hong Kong: Forex rules to change (D Yeow, M Lam – 1997)

4. Financial trading system and method for entering maximum sized orders (A Sheldon – 2011)

5. Designing Loss-Aware Fitness Function for GA-Based Algorithmic Trading (Y Arai, R Orihara, H Nakagawa, Y Tahara – 2013)

7 Binary Options review: ZoomTrader: 4,5 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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