Zentrader

General Information & Regulation

Zentrader is an offshore binary options broker, which is owned and operated by ZT Markets Limited – a company based in St. Vincent and the Grenadines, claims to hold a license by the local Financial Services Authority of Saint Vincent and the Grenadines (FSA). FSA, however, simply does not regulated forex, CFD or binary options brokers, so even if Zentrader is registered with the FSA, that does not mean it is regulated.

Markets Instruments

Zentrader is offering bets on currency pairs, stocks, indices, commodities and crypto coins, including Bitcoin, Bitcoin Cash, Bitcoin Gold, Ripple, Ethereum, Ethereum Classic, Zcash, Monero, Dash and OmiseGo.

Minimum Deposit

Allegedly, one can open an account with Zentrader by depositing just $50. Such initial investment is not high and almost everybody can afford to sign up.

Payouts

The payout on EUR/USD Call/Put options seems to be as high as 90%, and the broker promises even higher returns on some short-term options, reaching 200%. However, returns as high as 200% are too good to be true. Investors should be especially wary of such unrealistic offers of guaranteed, fast and easy returns. A general principle in trading is that the possibility of higher returns brings along greater risk.

No Long-Term Options

Zentrader offers trading in options that are mostly short term – from 30 sec to 24 hours. Most traders will do better if they start out with longer term options which last a few hours or days, and then work their way up to 30/60 seconds.

Deposit& Withdrawal

Payment options with Zentrader include major credit cards like Visa and MasterCard, Neteller – an e-wallet, and local bank transfers. The minimum deposit requirement is set at 50 USD.