Zipmex Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • Zipmex Web Terminal

Zipmex Review 2024

Updated:
Updated: October 06, 2023

3.44

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • Zipmex Web Terminal
Trading features:
  • Most popular cryptocurrencies and tokens, two fiats
  • investment with a flexible or fixed deposit
  • referral program with one-time bonuses, high-quality training

Summary of Zipmex Crypto Exchange

Zipmex is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.44 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Zipmex clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. Zipmex ranks 88 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The Zipmex cryptocurrency exchange uses the standard TradingView browser terminal, which is simple and functional. The company provides a mobile trading app. The main advantages of the website are a range of cryptocurrencies, there are fiat funds, an intuitive interface, simplified staking with a high interest rate (up to 8% for flexible deposits and up to 14% for fixed ones). It is recommended to actively trade ZMT, which is platform’s proprietary token. It provides several advantages from reducing trading commissions and increasing limits to providing the function of voice transactions and a personal manager for asset management.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The Zipmex exchange is a platform for exchanging and trading cryptocurrency for crypto-to-crypto and crypto-to-fiat pairs. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Ripple, BitcoinCash, OMG, SAND, and many other cryptocurrencies and tokens are available to traders. The American and Singapore dollars are the two fiats here. The exchange has its ZMT token of the ERC-20 standard. By keeping it on the account at all times, you increase your level in the loyalty program, which allows you to reduce trading commissions and earn more on deposits. The exchange offers a progressive staking system that allows users to earn money on any asset stored in the user account. There are fixed deposits, a referral program with one-time bonuses at ZMT, a novice traders training system with a large range of courses and guides. Commissions are below the market average.

💰 Account currency: Cryptocurrencies, USD, SGD
🚀 Minimum deposit: No
⚖️ Leverage: No
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, fiats
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Zipmex:

  • The most popular cryptocurrencies and tokens are traded on the exchange; there are two fiats;
  • simple registration and verification;
  • high level of protection for users’ funds;
  • deposits and withdrawals of fiat and cryptocurrencies are by various methods, including bank cards;
  • several investment options with daily payments and a high annual rate;
  • you can buy a platform token and thereby reduce trading commissions and receive other bonuses;
  • the exchange has a profitable referral program;
  • contests and promotions are held frequently;
  • a well-thought-out training system for novice cryptocurrency traders with a large range of guides.

👎 Disadvantages of Zipmex:

  • Demo accounts are not available;
  • communication with technical support is only through the website.

Evaluation of the most influential parameters of Zipmex

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

2.11

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

3.95

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

3.73

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

3.89

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

4.25

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

4.47

/10

Geographic Distribution of Zipmex Traders

Popularity in

42.2%
TH
Thailand
20.5%
ID
Indonesia
4.2%
AU
Australia
4.2%
SG
Singapore
2.7%
US
United States
0.9%
IN
India
1%
PK
Pakistan
17.3%
Others
Others

User Satisfaction i

17 comments
Total score:
7.6 /10

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jaiseidel6729323305
1 year ago

Indeed, there are big problems with the withdrawal to Zipmex! The support is rude, I correspond with them for 2 weeks, they just keep saying that this is a failure, and every day they ask me to wait! But what do I care about their failures! It's my money and I don't want to give it to anyone!

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NikiORG
1 year ago

I tried to withdraw profits on cryptocurrency wallets at Zipmex. They promised instant withdrawal. But I've been waiting for him for 3 weeks, and I don't know if I'll wait at all. I do not recommend this company, it seems they are scammers!

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Saim99
2 years ago

I have been trading on this exchange for two years and have attracted several acquaintances to the exchange through referral links. I am 100% sure of the exchange’s honesty. First, it operates under a license and follows the legal framework. Second, in the case of force majeure, the company has established a reserve fund. You don't have to worry that you will lose your deposit and profits. The company has solid payment discipline, and there are many options for replenishing the account and withdrawing profits. I will stay here for now.

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yasirfx
2 years ago

Active trading with Zipmex is of little interest to me so far because I'm betting on passive income with this platform. The company offers favorable staking conditions, and there are options with a fixed or flexible deposit. The interest rate, although lower than in HYIPs (High-Yield Investment Programs) where they promise up to 1-2% per day, but here they actually pay, and not just make false promises. I chose the option with a fixed deposit because it comes out at 14% per annum. In any case, it is cooler than bank deposits.

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junaidking
2 years ago

I like the variety of earning opportunities at Zipmex. I have been investing for a long time, but only recently have I become skilled at crypto trading. For newcomers to cryptocurrency trading like me, this exchange is great. I can't say that there is a wide range of assets (some platforms have a much more powerful arsenal), yet all major cryptocurrencies are present. Immediately joined the affiliate network to earn extra cash. Zipmex is a well-known crypto exchange globally, its offers are easy to promote and market. For this, the company pays good bonuses via its ZMT coin.

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ManzoorHussain
2 years ago

I came to this cryptocurrency exchange as a novice. I was afraid I would lose my deposit due to my lack of knowledge. However, the company takes care of novice traders. Although there is no demo for training without risk, you can start with any comfortable deposit amount. Plus, the platform has a lot of useful materials about cryptocurrencies and market trading. It is equally convenient to trade both from a smartphone and from a personal computer. Considering that the interface is intuitive, there were never any difficulties navigating the platform.

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phongdung
2 years ago

I have traded on the Zipmex platform for about three months and am happy. Commission fees are quite adequate, and with the native token of the platform, they can be reduced. In addition, the ZMT tokenized coin allows you to receive an increased rate in the investment system. Most of all, I liked the fixed deposits for up to 45 days. Interest rates here are much higher than on bank deposits. The payment discipline of the cryptocurrency exchange is good, and there are many methods to transfer your profits to your bank or card, etc. I will continue to cooperate with Zipmex.

Expert Review of Zipmex

The headquarters of the Zipmex cryptocurrency exchange is located in Singapore. The company operates under the Monetary Authority of Singapore (MAS) license. Based on the results of a comprehensive audit, no evidence of default on obligations to traders, fraud, or tax evasion was revealed. The exchange operates transparently and officially.

There are three trading terminals: TradingView and mobile applications for iOS and Android. All versions of the terminal work stably, and no bugs or technical vulnerabilities were found. The main cryptocurrencies are traded on the exchange. The US and Singapore dollars are the fiats here. Trading commissions go up to 0.2%, initially fixed, but they can be reduced.

Investing is represented by staking. On Zipmex you don’t need to deposit funds into separate programs unlike similar options on other cryptocurrency exchanges. Assets can be used for deposits without leaving the user's account and without freezing. There is a reserve fund as insurance. Fixed deposits for 45 days are an alternative option.

The website has large trading volumes, there is a progressive increase in the number of active users (including investors). New assets and extra options are regularly introduced for the loyalty program, which is based on a ZMT token when buying and holding. There is no minimum deposit, no leverage, or demo accounts. The training program is rated as one of the most complete and convenient.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Zipmex’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

The Zipmex cryptocurrency exchange offers two options for earning money on investments, which are flexible and fixed staking. Register, verify, and deposit any asset in any amount to participate in the flexible staking program. In the personal account, you can activate the staking option for any available asset.

The program will automatically accrue interest every day following the current rate for the selected asset. Funds are not frozen, the user can trade, deposit, and withdraw them. Payments are recalculated permanently.

An alternative option is a standard staking program with a deposit freeze for 45 days. In this case, the selected amount of the asset cannot be used by the client of the exchange during the specified period. A higher interest rate is among the fixed staking advantages.

Also, the interest rate on a flexible deposit depends on the selected asset and the amount of ZMT on the user's account. For example, if Bitcoin is selected and you have less than 100 ZMTs, you get the ZipStarter status, and your payout is 2%. If you have more than 20,000 ZMTs, the status becomes ZipCrew, and the income grows to 4% per annum.

The number of payments doesn't depend on the amount of ZMTs on the account for a fixed deposit. Only the asset matters. For example, the return on ZMT is 14% and the return on Ethereum is 5.5%. The exchange's insurance fund is $100 million.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Zipmex’s affiliate programs:

The affiliate program of the Zipmex cryptocurrency exchange differs from programs on other platforms as the user who invited another user gets not a percentage of his trading commissions, but a fixed payment in ZMTs. This is an advantage for this exchange since the number of ZMTs determines the level in the loyalty program, which provides discounts and bonuses.

Register and be sure to go through the verification procedure (data confirmation) to invite users to the site. After that, a personal referral link will be available in your personal account. You can place it on any site without restrictions. Each user who follows your link and registers on the exchange will become your referral. Further, the following 2 options are possible:

  • The invited user has blocked 25 ZMTs on the account. Both parties (inviter and invitee) get a one-time bonus of 2.5 ZMTs.

  • The invited user has blocked 5,000 ZMTs on the account. Both parties get a one-time bonus of 25 ZMTs. A valuable gift from the exchange also becomes available to the user invited.

Please note: the user doesn’t get payments from a referral who has not blocked ZMT or blocked them for an amount less than 25 ZMTs. That is, even if the referral actively trades and invests, until the required amount is blocked, he will not receive income.

The program is unlimited and the exchange client can invite an unlimited number of users via his referral link and get a bonus for each of them. The program is single-level, that is, you have access to bonuses only for personally invited users, and you don't get bonuses for those users who were invited by your referrals.

Trading Conditions for Zipmex Users

The Zipmex cryptocurrency exchange doesn’t set deposit limits. After registration and verification, you may deposit any amount using any of the available channels and thereby independently regulate your financial policy. There are also no deposit limits for fixed staking. Leverage for trading is not provided on the exchange; you can trade only with your own funds. Support on the website works twenty-four/seven, but you can contact it only through the ticket system on the website. The reply and further dialogue are by email.

$1

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: Zipmex Web Terminal
📊 Accounts: Standard
💰 Account currency: Cryptocurrencies, USD, SGD
💵 Replenishment / Withdrawal: Bank cards and accounts, electronic and cryptocurrency wallets
🚀 Minimum deposit: No
⚖️ Leverage: No
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Market
🔧 Instruments: Cryptocurrencies, fiats
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: n/a
⭐ Trading features: Most popular cryptocurrencies and tokens, two fiats; investment with a flexible or fixed deposit; referral program with one-time bonuses, high-quality training
🎁 Contests and bonuses: Yes

Broker comparison table of trading instruments

Zipmex Bybit MEXC Binance Cryptohopper Yobit
Forex No No No Yes No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

Zipmex Commissions & Fees

Information
The standard commission of a cryptocurrency exchange for trade transactions is 0.2% for a taker/maker. If the user holds 100+ ZMTs on his account, the commission is reduced to 0.195%. If there are more than 20,000 ZMTs on the account, the commission is 0.19%. Commissions don’t depend on the asset, transaction volume, user trading volume, or other factors. The only thing that matters is the level of loyalty, which is determined by the amount of ZMTs on the account. You can also significantly reduce commissions through Traders Union rebates.
Account type Spread (minimum value) Withdrawal commission
Standard 0.2% per application Yes

There are several options for depositing/withdrawing funds on the site. There are no deposit fees for any of the cryptocurrencies. Withdrawal commissions don’t depend on the withdrawal channel used but depend on the asset withdrawn. There are no minimum withdrawal limits. For example, you can withdraw at least ₿0.0006 with a flat fee of ₿0.0005.
Special terms apply for fiats. The deposit and withdrawal commission are 0.3% for the Singapore dollar, and you can withdraw at least 10 SGD. The commission for deposit and withdrawal is fixed for the US dollar, and you must withdraw at least 30 USD.

Broker Average commission Level
Zipmex $0.2 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo Zipmex
$0.2
$20
$0.1

Contacts

Foundation date 2019
Registration address 65 Chulia Street #42-01/03 OCBC Centre Singapore 049513
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Zipmex Review Zipmex Review

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FAQs

Do reviews by traders influence the Zipmex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Zipmex you need to go to the broker's profile.

How to leave a review about Zipmex on the Traders Union website?

To leave a review about Zipmex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Zipmex on a non-Traders Union client?

Anyone can leave feedback about Zipmex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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