ZoomTrader Minimum Deposit
The ZoomTrader binary options broker is among the most popular and most experienced brokers in the market today. In a bit to ascertain the reliability and how genuine the company is, we researched on the various aspects of the broker. Throughout this article, we will review some of the critical broker’s aspects of this broker that we investigated, including the minimum deposit requirement by the broker, their mobile trading platform, the accepted countries, bonuses offered by the broker to the traders using its binary options trading platform and information on whether the broker is a wise investment choice. Additionally, the experts at 7binaryoptions will also offer you several tips that will make your trading activity on the ZoomTrader binary options platform more profitable.
Currently, the ZoomTrader binary options trading platform is well renowned across the world for offering some of the best binary options trading experience in the industry. In addition to this, the broker offers its traders an array of accounts to choose from, depending on their trading needs. Other aspects that traders on this platform love are the online binary options academy offered by the company and the seamless and easy to use trading platform on offer by this company. With regards to the minimum deposit requirement by this company, it is one of the trade-friendly in the industry. Currently, the minimum deposit amount imposed by the company is$200. However, this figure depends on the type of trading account that a trader has registered for on the ZoomTrader online trading platform.
Depending on the type of ZoomTrader trader account you are using, the minimum initial deposit will range from $200 to $2500. With the Mini trader account on the ZoomTrader online trading platform, you will get a bonus amount that is equal to 20 percent of the amount you have deposited into your trading account. Additionally, this account type will give you access to such features as Weekly market reviews as well as access to the online academy on offer by the company, including free eBooks on binary options trading. While trading in binary options on the ZoomTrader broker, the benefits offered by any of the account types to the traders increase with an increase in the deposited amount.
While operating a Platinum account on the ZoomTrader binary options trading platform, the minimum amount you can deposit into your account is $5000. However, the benefits you get while using this account are much more, as compared to the ones offered by the Mini trader account. For instance, trades using the Platinum ZoomTrader account get a 100 percent bonus on their deposits. Other benefits offered by this account include faster withdrawals, tips on trading binary options, market analysis as well as the more effective binary options trading strategies.
After you have registered for an account with this broker, the deposit process is comparatively easy. All you need to do is navigate to the deposit page from your account. This is done by clicking on the green deposit button offered on the broker website. This will present you with a deposit form, which requires you to indicate the amount you would like to deposit into your ZoomTrader account. You should then fill the other information as required by the form and submit it. Once you have submitted the deposit form, the deposit amount should appear in your ZoomTrader trading account within a short period. The deposit process used on the ZoomTrader binary options platform is supported by 128bit SSL encryption; hence very secure.
In addition to the deposit process into ZoomTrader trading accounts being secure, the company allows its customers to use an array of deposit methods, including Credit Cards, wire transfer, AllCharge and WebMoney, among other online payment processing services. The company offers one of the largest lists of underlying assets that traders may trade in on this platform. As such the assets to trade in will be influenced by the trading strategy you are using as well as your own preferences. The online binary options trading platform offered by this company is supported by one of the best software in the industry. This being the case, it offers powerful trading functions for the traders on this platform.
ZoomTrader for Australian Traders
The ZoomTrader broker happens to be one of the few legitimate binary options brokers with a global reach in the industry. In this regard, the company accepts binary options traders from Australia. As such, the company has an array of support features for traders situated in this region, including an array of deposit and withdrawal methods for the Australian traders. Some of the payment processing services that Australian traders may use to deposit and withdraw money from their ZoomTrader trading accounts include: MasterCard, Visa, AllCharge, Local European Cards, Moneybookers / Skrill, JCB, Diners Club, AMEX, Sofort, Astropay card, Moneta, Neosurf, Boleto, Trustpay, Instantbank, Ideal, Banklink/Fiserv, CashU, Poli, Bank transfer, Multibanco and American Express.
The company is accepting such a diversified list of deposit and withdrawal methods to allow its customers to be able to have their withdrawal and deposit requests processed within a short period and more conveniently, regardless of their location. Regardless of method you are using to deposit funds into your ZoomTrader online binary options trading account, the process is relatively easy and fast. However, you need to be logged into your account to be in a position to deposit or withdraw money into and out of your account.
In addition to these magnificent features on offer by the company to its Australian customers, it also offers an economic calendar to all the binary options traders using its platform. This calendar allows the traders to remain in touch with the events in a week, and the important market movements within a week. Rather than searching the various financial websites for such information, it is readily available from the broker website through the economic calendar feature offered by this broker. With such information, traders on this platform can easily make more accurate consensus forecast and learn the direction in which the market is more likely to move towards.
Another feature that traders on the ZoomTrader platform can make use of is the ‘Traders Insight’ feature. This is a feature that is precisely designed to help traders make more accurate predictions on the movement of the price of the various assets offered by this company. This feature is only available to the traders that have registered for an account with the ZoomTrader binary options platform. Although it is always right to follow your own instincts while opening positions in the binary options market, this feature can help you make more informed choices. The software used by this online binary options platform is one of the best in the market, allowing traders to leverage on the market data and feature offered by the company, such as graphs, economic calendar, Traders Insights and market reviews. These are just, but some of the reasons why Australian binary option traders should consider registering with this broker.
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ZoomTrader for USA Traders
Since the year 2012, the year when the ZoomTrader online binary options trading platform was launched, the company has continued to offer an array of supportive and highly beneficial trading features for its customers from all corners of the world. The ZoomTrader is currently regulated by the CySEC, a highly reputed regulating body across the word. Additionally, this broker is compliant with MIFID rules. While these aspects go a long way in proving that the broker is actually legitimate and reliable, they also limit the broker from accepting binary options traders from various regions, such as the USA, on their trading platform.
The ZoomTrader binary options broker has its headquarters in Francis Rachel Street, Victoria Mahe, Seychelles. The company offers its magnificent services, features and trading services to thousands of traders of traders from across the globe. However, traders in binary options Situated in the USA cannot access this privilege. The company allows the traders on its binary options trading platform to choose from an array of trading account types depending on their individual trading needs. However, traders on this platform need t understand that the minimum deposit amount imposed by this company will depend on the account type chosen by the trader. Similarly, the amount of bonus the traders get from this broker will also depend on the deposited amount.
The company offers substantial support features and services for the traders on its online binary options trading platform. Some of such features and services include the free training eBooks, market signals and weekly reviews of the market. The platform on offer by this broker operates on software that is provided by Tradologic. This being the case, it is highly optimized to offer relevant and highly beneficial trading features to the binary options traders using this platform. The platform is also use-friendly and allows traders to choose between two main modes, the single view mode and the classic view mode.
The company is also well reputed for offering reliable and swift customer help services on its binary options platform. In this regard, the traders using the ZoomTrader binary options trading platform can have all their problems addressed in the shortest time possible by getting in touch with the customer care representatives at ZoomTrader. The company offers its customers several channels through which they can get customer help services, including email, phone call and live chat. In addition to these, the ZoomTrader website features a more comprehensive FAQ section that addresses the problems that are commonly experienced by traders on this platform.
Since the broker has a global reach, traders from the various parts of the world can communicate with the care representatives at ZoomTrader without having to worry about language barriers like Binary Option Robot. This is because the platform supports various languages, such as Japanese, German, Dutch, Spanish, English, French, Portuguese, Korean, Chinese, Arabic and Turkish.
It is rather unfortunate that the company imposes a minimum withdrawal regulation for the traders using its online binary options trading platform. In this case, the minimum withdrawal amount is 200 currency units, depending on the currency you are using on your ZoomTrader account. The currencies supported by this broker are GBP, AUD, USD, EUR and Yuan. While trading in binary options on this platform, the minimum amount that a trader can invest in any position is $10 and the maximum is $2500. Some of the assets that traders on the ZoomTrader platform can trade in include Indices, Stocks, currency pairs and commodities. The inability of this company to accept traders from the USA is as a result of the rules and regulation by the CySEC on the brokers it regulates.
The ZoomTrader Mobile Trading Platform
Provided that you have a Smart phone and access to the internet, the ZoomTrader mobile binary options platform allows you to trade in binary options from any place. The current technology has allowed vicarious brokers in this industry to invent features that allow traders to have more flexible, reliable and fast. This is the reason why an increasing number of brokers today are offering mobile trading platforms for their customers. The ZoomTrader binary options broker is among the few binary options brokers that are offering comprehensive and highly supportive mobile trading platforms in the industry.
The mobile trading application on offer by this broker supports an array of mobile devices used today, including the Android as well as the iPhone devices. The ZoomTrader mobile trading application is also conveniently available in the Google play store and the iPhone app store. Additionally, it is also easy to install and operate. With the ZoomTrader mobile trading platform, traders can access similar features, tools, assets and services as the ones offered by the ZoomTrader online trading platform. This way, traders can read market reviews, get trader signals, open and close positions on the various assets, withdraw as well as deposit funds out of and into their ZoomTrader trading accounts using the mobile trading platform. This adds convenience and flexibility to the experience of trading in binary options on the ZoomTrader platform.
Tips on How to Effectively Use the Zoomtrader Platform
The ZoomTrader online binary options platform offers an array of tools and features, some of which are not available on other online binary options platforms. Additionally, the company offers its customers an array of assets to trade in and highly reliable and well as fast customer help services. Such aspects enhance the trading experience by traders on this binary options trading platform and increases their chance of profiting from the trade. The software in use on this platform is supplied by TradeLogic, a well renowned provider of leading software solutions as well as accurate and reliable market data stream. The software allows traders on the ZoomTrader online platform to view their accounts in two different modes.
The classic mode of the platform simplifies the various features and tools on the platform, hence making the trade simpler for traders. This mode of the platform basically allows the traders to have a view of two-sided trading decks. This mode features assets tab that allows the trader to shift among various assets on the platform. This is very useful when trying to leverage new data on a new trade. If you are using the classic view of the ZoomTrader online platform, you only need to select the asset you are interested in and open a position.
The Multi-view is a mode that is more appropriate for the more experienced binary options traders. This view presents the traders on this platform with two more decks. Mode still features all the essential trading features. The Digital feature allows traders to invest in a position, depending on the direction the trader believes the price will move. The turbo feature allows traders to shorten the expiry period for their open positions to between 1.2 and 5 minutes.
The ZoomTrader online binary options platform also features another beneficial feature that is referred to as the “Past expiries”. Using this tab in your binary options trading account allows you to have a look at your expired positions. As such, you can check to see where you went wrong, hence better your skills in trading binary options. Learning from your own mistakes is among the best ways of enhancing your skills in trading binary options. This is why this feature has been so beneficial to the binary options traders on the ZoomTrader platform.
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References and Further Reading:
1. Measuring the Volatility of Foreign Exchange Market in India (N Khullar, UJ Sethi – 2012)
2. The Complete Guide to Day Trading: A Practical Manual from a Professional Day Trading Coach (M Heitkoetter – 2008)
3. Carry Trading & Uncovered Interest Rate Parity: An overview and empirical study of its applications (F Tafazoli, M Westman – 2011)
4. Ideas in Algorithmic Trading and System Modeling for Pedestrians (L Schoeffel – 2011)
5. Finding Significant Support and Resistance (A Cofnas – 2014)
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