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Zetradex Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-03-15 09:49

Abstract：Zetradex is a broker incorporated in the UK in 2022, offering 600+ financial instruments with 2 own trading platforms and 4 account options. But for now, Zetradex is not regulated.

ZetradexReview Summary
Founded	2022
Registered Country/Region	United Kingdom
Regulation	No regulation
Market Instruments	ForexEnergy & Agriculture Futures BondsIndicesStocksMetalsCryptocurrencies
Demo Account	✅
Leverage	Up to 1:3000
Spread	From 1 pip（ze Standard）
Trading Platform	zetradex Webtraderzetradex Trading App
Min Deposit	$1
Customer Support	Email: support@zetradex.com
	Social Media: Instagram，Facebook，Youtube，Twitter，LinkedIn
	Physical Address: Bonovo Road, Fomboni Island of Mohéli, Comoros Union

Zetradex Information

　　Zetradex is a broker incorporated in the UK in 2022, offering 600+ financial instruments with 2 own trading platforms and 4 account options. But for now, Zetradex is not regulated.

Pros and Cons

Pros	Cons
The spread can start at 0	No regulation
Offer demo account	MT4/5 is not supported
11 payment methods	Leverage up to 1:300
Minimum deposit is only $1

Is Zetradex Legit?

　　Zetradex is now unregulated, and the registration date on the website is 2022.

What Can I Trade on Zetradex?

　　Zetradex enables you to explore more than 600 financial instruments, including forex, stocks, indices, metals, energy & agriculture futures bonds, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Energy & Agriculture Futures Bonds	✔
Indices	✔
Stocks	✔
Metals	✔
Cryptocurrencies	✔
ETF	❌

Account Types

　　Zetradex offers 4 account types: ze Standard, ze Ultra, ze PRO, Demo Account.

　　Among them, the minimum deposit requirement is $1, and the maximum leverage is 1:3000.

Account Types	ze Standard	ze Ultra	ze PRO	Demo Account
Account currency	All currencies	All currencies	All currencies	All currencies
Minimum deposit	1 USD	500 USD	1000 USD	-
Maximum deposit	Unlimited	Unlimited	Unlimited	-
Recommended deposit	50 USD	1000 USD	5000 USD	-
Compatible with bonuses	All Bonuses	All Bonuses	All Bonuses	-
Lot size	100,000 USD	100,000 USD	100,000 USD	100,000 USD
Maximum leverage	1:3000	1:1000	1:500	1:1000
Stop Out Level	50%	50%	50%	-
Swaps	Optional	Optional	Optional	Yes
Spreads	From 1 pip	From 0 pip	Raw Spread	Fixed

Zetradex Fees

　　ze Standard spreads from 1 pip, ze Ultra spreads from 0 pip, ze PRO provides raw spread, and Demo Account spreads are fixed.

Trading Platform

　　Zetradex offers two proprietary trading platforms: zetradex Webtrader and zetradex Trading App, one on the web and one on mobile.

Trading Platform	Supported	Available Devices	Suitable for
zetradex Webtrader	✔	Web	All traders
zetradex Trading App	✔	Mobile	All traders
MT4	❌
MT5	❌

Deposit and Withdrawal

　　Zetradex offers deposits in 3 categories: Bank Wire Transfers, Credit Debit Cards and Wallets, with a total of 11 options. They do not charge commission and most of the processing time is instant.

Deposit Options	Payment System	Transfer Currencies	Commissions and Fees	Processing Time
Bank Wire Transfers	Bank Transfer	All currencies	No commission	2 - 4 business days
	Bank Transfer Africa	ZAR, NGN	No commission	Instant
	Bank Transfer Asia	IDR, MYR, THB, VND, INR	No commission	Instant
	Bank Transfer Latam	BRL, MXN	No commission	Instant
Credit Debit Cards	VISA	All currencies	No commission	2 - 4 business days
	MasterCard	All currencies	No commission	Instant
	China UnionPay	CNY	No commission	Instant
Wallets	Sticpay	All currencies	No commission	Instant
	Payeer	All currencies	No commission	Instant
	Crypto	BTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, USDT	No commission	Instant
	Mobile Transfer in Africa	All currencies	No commission	Instant

　　The withdrawal method is the same as the deposit method, but there are certain commissions and fees.

Withdrawal Options	Payment System	Transfer Currencies	Commissions and Fees	Processing Time
Bank Wire Transfers	Bank Transfer	All currencies	3% + 35 USD	2 - 4 business days
	Bank Transfer Africa	ZAR, NGN	3% + 3 USD	2 - 4 business days
	Bank Transfer Asia	IDR, MYR, THB, VND, INR	3% + 3 USD	1 - 3 business hours
	Bank Transfer Latam	BRL, MXN	5%	2 - 4 business days
Credit Debit Cards	VISA	All currencies	3% + 10 USD	2 - 4 business days
	MasterCard	All currencies	3% + 10 USD	2 - 4 business days
	China UnionPay	CNY	3%	1 - 4 working hours
Wallets	Sticpay	All currencies	5.50%	2 - 4 business hours
	Payeer	All currencies	3%	1 - 4 working hours
	Crypto	BTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, USDT	3% + 5 USD	1 - 4 working hours
	Mobile Transfer in Africa	All currencies	3% + 2 USD	1 - 4 working hours