ZoomTrader

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  • ZoomTrader
  • Published on: September 15, 2010
  • Last modified: November 19, 2015

Review Summary:

Recent updates have made this already good broker even better. The low minimum deposit and great trading facilities will put a smile on every trader's face.

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Read Our ZoomTrader Review Before Signing Up

Our ZoomTrader Review in bullets:

  • Very high Welcome Bonus
  • Great trading platforms
  • Up to 83% returns
  • Good-looking updated website

Sign-up-now-button

ZoomTrader is one of the more recently established binary options brokers (est. 2012) that took a lot of time looking at the veterans already active on the market and trying to do the same thing – only better. This has been working well for ZoomTrader so far, making it one of the most recognizable brands in the binary options industry today. Part of this binary options broker’s strategy – as you can read in our ZoomTrader review – has been to offer high bonuses as well as very competitive returns. In short, this strategy has led to an unparalleled popularity in the market and a very pleasant trading experience for all members of ZoomTrader.

Start Trading With ZoomTrader Now!

Is ZoomTrader the ideal binary options broker for you? Find out now and sign up! Click here to go to ZoomTrader.

ZoomTrader Facts

Platform: Tradologic

Languages​​: English, Spanish, French, German, Arabic, Italian, Korean, Polish, Portuguese, Dutch, Russian

Types of Options: High / Low, One Touch, Range, Double Touch, Turbo

Bonus: Up to and even over 100%

Minimum initial deposit: $ 250

Return (High/Low): Up to 83%

Payment Methods: American Express, UnionPay, Visa, WebMoney, Wire Transfer, Yandex, Bancario, JCB, Moneta.ru, MasterCard, Multibanco, Neosurf, POLi, Skrill (Moneybookers), Instant-, Boleto, CashU, Fiserv, iDeal, Instant Bank, Trust Pay

Remarks: ZoomTrader is a comprehensive binary options broker that really has made the best of the Tradologic platform.

>>Start Trading Now!<<

Full ZoomTrader Review

Our ZoomTrader review has recently been updates, because this broker has updated it’s website and services recently. Before, we had some complaints about various sections of the website that didn’t work well – or not at all. ZoomTrader took this criticism very seriously, apparently, and has updated numerous things. The new website shows a much more sophisticated design and everything works fine now. However, we have to admit that, compared to some of the other trusted brokers on our website, ZoomTrader still offers a more or less middle-of-the-road product and platform. Still, this is not a reason to immediately write off this binary options broker. Because despite the average first impression, some interesting benefits lurk beneath the surface of ZoomTrader.

What immediately catches your eye when hovering over the ZoomTrader homepage is the way this binary options broker offers information. Everything is well sorted under tabs. There are even examples of educational material on the homepage, something we don’t see at every broker. And the ZoomTrader homepage even has a little trading simulator (which, by the way, leads you to the sign-up screen when you try to trade). It may not be one of the prettiest, but it’s definitely one of the most informative homepages we have seen in our days. Extra points for ZoomTrader.

ZoomTrader Accounts and Bonuses

ZoomTrader recently updated its website, and decided it was time for a new account plan. The minimum deposit has been increased slightly to 250 dollars (was 200 dollars), and the Mini Account is no longer available. However, the new accounts look promising. And that is without any bonus being mentioned. Below you can find more info on the account types at ZoomTrader.

zoomtrader review accounts

Bronze Account ($1,000 – $4,999)

The ZoomTrader Bronze Account has taken the new role of being the smallest account, although the threshold of 1,000 dollars isn’t the lowest deposit you can make. There is no talking of a bonus, but we have heard that your account manager may give you one if you ask for it. ZoomTrader does promise a few other things, such as 1 trading strategy, weekly market reviews, and an introduction video course.

Silver Account ($5,000 – $9,999)

Labeled as ZoomTrader’s favorite account, the Silver Account is said to be the best bang for your buck. Still no official mentioning of a bonus. However, many perks await the new trader who opens up a Silver Account. For example, you get 2 trading strategies, daily market reviews (on top of the weekly ones), and an advanced video course after you’ve taken the introduction video course.

Gold Account ($10,000 – $50,000)

If you think the best personal service is key for a good trader experience, ZoomTrader offers a slightly more sophisticated account. This one is called the Gold Account. With an initial deposit of 10,000 dollars or more, you receive everything a Silver Account holder gets, and then some: 5 trading strategies, same-day withdrawals, and weekly one-on-one trading sessions to further professionalize your binary options trading. To top it off, ZoomTrader gives you access to your own dedicated account manager. Still not enough? You can climb 1 more level…

Platinum VIP Account

If you think all the accounts mentioned above offer not enough, there is one more option: the ZoomTrader Platinum VIP Account. What will you get if you open this account and deposit 50,000 dollars? The exclusive amenities are apparently for your eyes only, because ZoomTrader is very secretive about it. “Contact us”, it says. We can only guess what that means. All we know, is that it must make the Gold Account look like a simple man’s trading account. So expect ZoomTrader to pull all the stops.

>>Open Your Account Now!<<

ZoomTrader Trading: The Types of Options

The ZoomTrader options package is not the most surprising, innovative package of binary options you will find on the market. It is, however, one of the most complete packages, covering more or less all popular and semi-popular types of binary options. So if you are a somewhat conservative trader, who likes to only trade products that have proven to be successful and are widely adapted, ZoomTrader may be your binary options broker. Because they are all there: Digital, Turbo, Touch Up / Down, One Touch, and Range binary options. All available on the renowned Tradologic Multi platform, and some even on the Classic  and Chart+ platforms, which we will all discuss after we have looked at all types of binary options you can find at ZoomTrader.

Digital

If you don’t know Digital binary options, you must be very new to the binary options world. These are the options where it all started with. Choose Call (Up) or Put (Down) and start watching the price move. Again, nothing special here. Just a familiar product, brought to you on 3 phenomenal ZoomTrader platforms.

Turbo

Only available on the ZoomTrader Multi Platform are the Turbo Options, known for how fast they expire. Turbo Options can expire in 60, 120, or 300 seconds and are known to provide for fast returns with a corresponding high risk. Not for everyone, but everyone who trades them, likes them. There are other binary options brokers that offer even faster expiring binary options than ZoomTrader: both abcOptions and 24Option offer 30 seconds binary options, and abcOptions even offers 15 seconds binary options.

Touch Up / Down

ZoomTrader is one of the very few binary options brokers to make a distinction between Touch Up / Down binary options and One Touch / No Touch binary options. With Touch binary options at ZoomTrader, the trader determines whether a price will touch a certain limit. This means a price can climb above (Touch Up) a certain limit, or descend below (Touch Down) a certain limit. This has to happen before the trade expires. If it happens before the trade expires, your option is in the money and you make the return. After that, the trade ends. Touch Up / Down is available on both ZoomTrader’s Multi and Classic platform.

One Touch

ZoomTrader has a different approach when it comes to One Touch binary options. In this case, you can choose whether the price of your underlying asset will stay within, or at least touch, a certain range. If it does, your trade is in the money and you make a predetermined profit. With No Touch, it works the other way around. To have your binary option end in the money, you will need it to not stay within said range. One Touch and No Touch are both available on the ZoomTrader Multi and Classic platform.

Range

Some markets are very steady, and prices show an almost perfectly horizontal line with little to no fluctuations. In these markets, many traders at ZoomTrader invest in Range binary options. These Range binary options make it possible to benefit from stagnating and even almost frozen markets. If the price stays within a certain range until the trade expires, your trade is in the money and you can collect your predetermined return from ZoomTrader. Range binary options are available in both the ZoomTrader Multi and Classic platform.

ZoomTrader Trading: The Platforms

As mentioned above in our ZoomTrader review, this binary options broker offers 3 different platforms to traders. Depending on the type of binary options you are trading you can choose 1 or more of these platforms. As we’ve already established in the ZoomTrader review, Digital options are for example tradable in all 3 platforms. Turbo binary options, on the other hand, can only be traded using the ZoomTrader Multi platform.

Classic

The ZoomTrader Classic platform is the basis of your binary options trades. It shows a number of tools to help you place the trade and a graph to help you determine whether the price will increase or decrease. Placing a trade is very easy. First, you pick an underlying asset. By default, ZoomTrader makes sure all underlying assets are featured in the dropdown menu. To make it a little bit easier to select you underlying asset, you can filter the underlying assets by type in the upper menu bar. Contrary to most binary options brokers, ZoomTrader lets you choose a combination of the underlying asset and expiry time, both in 1 click. After that, you press Call or Put. A dialogue box then appears, where you can fill out your buying price. After that, the ZoomTrader platform starts the trade.

zoomtrader review platform classic

Multi

The ZoomTrader Multi platform is not that different from its Classic twin. The main differences are, that you have 4 charts in 1 screen, and that you choose the underlying asset and expiry time separately. The reast is like you have seen it at the ZoomTrader Classic platform.

zoomtrader review platform multi

Chart

The ZoomTrader Chart platform at first glance looks almost identical to the ZoomTrader Classic platform, but don’t let looks deceive you. It is actually a more basic version of the ZoomTrader Multi platform, only with 1 instead of 4 graphs. So the way to place a trade is identical to placing a trade with the ZoomTrader Multi platform.

zoomtrader review platform chart

ZoomTrader Education Center

ZoomTrader has made an effort to update everything, including the education center. The result is stunning – especially compared to the old, non-working education center. There is a large variety of educational material to choose from, varying from e-books to videos, interactive courses, and even a section reserved for advanced traders. The only problem is: it’s so inviting and full of interesting material, that you may forget to trade altogether!

ZoomTrader Trader Support

Luckily, ZoomTrader’s traders can count on the support of a very friendly and helpful team of customer service agents. The website lists many phone numbers that can be called from no less than 14 different countries (if you must know: United Kingdom, United States, Germany, France, Spain, Poland, Turkey, Russia, Italy, Canada, Netherlands, Australia, Brazil, and China), a user friendly contact form, postal addresses, a email address, but most important of all: a live chat. So whatever your problem is and whatever means of communications you have at hand, there is always a way to reach ZoomTrader.

To Sum Up Our ZoomTrader Review

What can we say? ZoomTrader does a lot of things very well. The Tradologic trading platform is up there with Banc de Binary’s BinaryMETA platform, and can definitely compete with the other brokers. The choices you have regarding the types of binary options you can trader aren’t exactly mind blowing, but all the popular types are featured. So if you are a fan of the basics of binary options trading, ZoomTrader can definitely be your kind of broker. Especially if you like a nice bonus, which everybody who opens up a real money account gets (starting at 250 dollars) from ZoomTrader.

Before the update, we stated that ZoomTrader really needed to get its act together. They had some problems with the website, which wasn’t always functioning properly. With the update, these problems are a thing of the past. It’s time for this broker to take it up a notch and become one of the big boys now!

Start Trading With ZoomTrader Now!

Is ZoomTrader the ideal binary options broker for you? Find out now and sign up! Click here to go to ZoomTrader.

Sign-up-now-button

Note: binary options trading is considered high risk trading and is always at your own risk. Be sure you know what you’re doing before you start trading binary options. Binary Options Reporter cannot be held liable for any damage or other consequences caused by binary options trading.

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