Your capital is at risk.
Zoomex Review 2024
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
- $1
- Proprietary web platform
- Zoomex Mobile App for iOS and Android
- Similar fees for takers and makers who are involved in spot trading
- Trading perpetual contracts with different coins as a collateral.
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
- $1
- Proprietary web platform
- Zoomex Mobile App for iOS and Android
- Similar fees for takers and makers who are involved in spot trading
- Trading perpetual contracts with different coins as a collateral.
Our Evaluation of Zoomex
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
Zoomex is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.24 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Zoomex clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
Zoomex is a progressive crypto exchange intended for both active trading underlying assets and derivatives and for copy trading. Zoomex’s services are in demand worldwide due to its smooth operation, high liquidity, and low fees.
Brief Look at Zoomex
Zoomex, which positions itself as the House of Trading, was established in 2021. Its web platform and mobile apps allow its clients to trade derivatives and execute spot trades with cryptocurrencies. Every day, more than 1 million active traders use the exchange’s services. In general, over 2 million traders worldwide are registered with Zoomex. The exchange provides copy trading, CEX (Centralized Crypto Exchange), and DEX (Decentralized Exchange) on one platform, offers leverage up to 1:150 and allows traders to start with any convenient amount.
- High liquidity and average daily trading volume of $200 million according to CoinMarketCap;
- No KYC (Know Your Client) procedure;
- 24/7 technical support;
- Trading underlying assets and derivatives is available;
- Client funds are held in cold wallets with multi-level authorization;
- Bonuses for new and existing clients, as well as trading competitions with prizes and fee discounts;
- Built-in copy trading service to automate the trading process.
- The choice of instruments for spot trading is not as diverse as with other exchanges;
- Limited choice of technical indicators in the mobile app as compared to the web platform;
- Only trades with futures can be copied, while the spot market is only available for active trading.
TU Expert Advice
Financial expert and analyst at Traders Union
Zoomex used to specialize in cryptocurrency derivatives. However, the exchange has significantly extended the choice of markets by adding an interface for spot trading. Today, 45 cryptocurrency pairs are available. Also, Zoomex users can trade on DEX directly with other traders using smart contracts.
The exchange has certain rules. For example, there is a minimum amount for withdrawing different coins such as BTC 0.001, USDT 2-USDT 20 subject to the network, etc. Withdrawals on Zoomex are instant according to limits, which are very high and don’t limit traders’ opportunities. The exchange offers free internal conversion of BTC, USDT, ETH, XRP, and EOS. Its users can deposit cryptocurrencies and 15 fiat currencies through third-party services.
Zoomex offers traders numerous trading bonuses and coupons for their loyalty. These can be received for meeting requirements for trading volumes or deposits. One of the bonuses is a 50% discount on a trading fee on all trades executed on Saturdays. New clients with a minimum balance of $1,000 receive a $20 coupon as a welcome bonus. Existing clients receive rewards for attracting other traders.
Zoomex Summary
Your capital is at risk. Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary web platform based on TradingView and Zoomex Mobile App for iOS and Android |
|---|---|
| 📊 Accounts: | Funding Account, Contract Account (Spot Account and Derivatives Account), and Copy Trading Account |
| 💰 Account currency: | Over 45 cryptocurrencies |
| 💵 Replenishment / Withdrawal: | Direct deposits and withdrawals of cryptocurrencies and deposits of fiat currencies through special services |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | Up to 1:150 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | USDT 1-USDT 10 subject to the pair |
| 💱 Commission: |
Spot trading — 0.1% for makers and takers; Derivatives trading — 0.02% for makers and 0.06% for takers |
| 🔧 Instruments: | Inverse perpetual contracts, USDT perpetual contracts, and spot cryptocurrency pairs |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market, limit, stop loss, and take profit |
| ⭐ Trading features: |
Similar fees for takers and makers who are involved in spot trading; Trading perpetual contracts with different coins as a collateral. |
| 🎁 Contests and bonuses: | Yes |
Zoomex combines two trading platforms — Centralized Exchange and Decentralized Exchange. Switching between them is made with one click. The highest leverage is 1:150, however, for some perpetual contracts, like XRP/USD or EOS/USD, it is up to 1:50. Among available trading instruments are spot cryptocurrencies, inverse perpetual contracts with BTC, ETH, XRP, and EOS as a collateral, and USDT perpetual contracts with USDT margin.
Share your experience
- Best
- Last
- Oldest
Mirzomt 
Flintka
sandrado16
Commissions & Fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Spot account | 0.1% of the position amount | Subject to the cryptocurrency |
| Derivatives account | 0.02% for makers; 0.06% for takers |
Subject to the cryptocurrency |
The average fee for trading derivatives on Zoomex is 0.04%, and it is 0.07% on stock exchanges. Traders Union experts have calculated trading fees for a $1,000 position. The received numbers and their comparison to the average fees of Bitfinex and Bybit are provided in the table below.
| Broker | Average commission | Level |
|---|---|---|
|
$0.7 | |
|
$20 | |
|
$0.1 |
Investment Options
A separate widget on Zoomex is the copy trading platform. It helps novice traders and passive investors follow a chosen strategy to receive income automatically.
Copy trading is an investment service for copying trades of other traders
Upon registration with Zoomex, any trader can use the social trading platform. The trading process is conducted between traders who execute trades and subscribers who copy them. Traders can be chosen from a special list by different criteria, such as the percentage of successful trades or profits for the last 7 days. More than 400 profiles of experienced traders are available.
Features of copy trading from Zoomex:
-
Trades of a chosen trader are copied to investors’ accounts automatically without their interference or additional instructions;
-
Traders’ fees for profitable trades are 10% of subscribers’ profits;
-
Maximum leverage when copying strategies is 1:30;
-
Minimum and maximum limits for copy trading are set in advance.
Subscribers can use two modes. One-Click Follow implies full copying of trader’s volume, pair, stop loss and take profit, etc. The Customize mode allows subscribers to independently set order execution parameters.
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.
Partnership program from Zoomex
Zoomex encourages existing clients and influencers to attract new active users. Currently, there are two types of partnership programs:
-
Referral program. Existing Zoomex clients receive monetary rewards when users attracted by them make deposits of $200 and achieve trading volumes of $10,000. The exchange accrues $5 for 1 attracted referral, $20 for 3 referrals, and $100 for 10 referrals. For every referral attracted in addition to ten previously attracted referrals, Zoomex pays $10. Also, there is a $5 bonus given when the total trading volume of a referral becomes $100,000. The maximum reward per client is $300.
-
Affiliate program. It is intended for owners of social media channels and profiles, who are ready to share their Zoomex partner links. If traders register by following these links, partners, who attract them, receive up to 40% of their trading fees.
Partners, who participate in the affiliate program, can’t receive rewards under the referral program.
User Satisfaction