Zetano

Founded in 2018, Zetano is a broker that offers trading in futures, physical shares, and some CFDs with leverage up to 1:100 and spread floating around 3 pips via a mobile app. The minimum deposit requirement is 100 USD. It is currently regulated by the Cyprus Securities and Exchange Commission (CySEC).

Pros and Cons

Is Zetano Legit?

Yes, Zetano is a registered brand name of Wonderinterest Trading Ltd, a Cyprus Investment Firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with a CIF license number 307/16 and a company registration number HE 332830.

	Cyprus Securities and Exchange Commission (CySEC)
Current Status	Regulated
Regulated by	Cyprus
Regulated Entity	Wonderinterest Trading Ltd
License Type	Straight Through Processing (STP)
License No.	307/16

What Can I Trade on Zetano?

Zetano offers trading on more than 60 currency pairs, the most famous stocks in physical or CFD form, indices and various types of commodities.

Account Type

Apart from 30-day demo accounts, Zetano also offers four live account types, namely Standard, Premium, Metal and Diamond accounts.

Leverage

Leverage is 1:30 by default, and up to 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Zetano Fees

Maintenance fee: A maintenance fee of up to 100 EUR may apply to inactive accounts. The maintenance fee will be charged to accounts that meet the above conditions every month, beginning with the first month of inactivity.

FTT: Italian CFDs and ITA40 transactions are subject to a financial transaction tax (FTT) based on the transaction's nominal value.

Trading Platform

Zetano offers a mobile app for investors. The devices that it supports are iOS and Android.

Meanwhile, it supports multiple languages: Arabic, Armenian, Bulgarian, Chinese, Czech, English, French, German, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Romanian, Russian, Slovenian, Spanish, Swedish, Thai, Turkish, and Vietnamese.

Deposit and Withdrawal

Zetano offers a withdrawal system with no minimum withdrawal amount and supports SWIFT and Bank Wire Transfer methods.

For deposits, they provide wire transfer with no maximum limit and a minimum of $1,000, as well as credit card deposits with a maximum of $10,000 and a minimum of $1,000, accepting VISA and MasterCard.