Trading platform:
- MetaTrader5
- Mobile platforms
- Web
ZotaTrade Review 2024
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of ZotaTrade Trading Company
Zota Capital Ltd gives customers access to trade Forex assets, CFDs, and cryptocurrencies. Here one can operate with more than 200 fiat currency pairs and cryptocurrencies, 30 stock indices, 100 futures for commodities, 500 CFD contracts on shares of companies in the Asian, European and American markets, 30 ETFs, commodities, and bonds.
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Trading Conditions for ZotaTrade Users
Zota Capital Ltd. was established with the aim to create an effective trading environment where traders can freely operate with Forex, CFD, and crypto assets. Zota Capital sees its mission in delivering the highest standards for simple yet profitable trading. The company is proud of its individual approach to each and every customer. Zota Capital's team of experts pays maximum efforts to offer the best possible trading conditions. They show consideration for customers and offer them a wide variety of assets, various tutorials, and top-level customer care service.
With Zota Capital, one can choose from MetaTrader5, web, and mobile platforms. Moreover, several account types are available for every trader to trade under the most suitable conditions.
💻 Trading platform: | MetaTrader5, Web, Mobile Platforms |
---|---|
📊 Accounts: | Standard Mini, Standard, Silver, GOLD, PLATINUM, PREMIUM |
💰 Account currency: | USD |
💵 Replenishment / Withdrawal: | Bitcoin, China UnionPay, Wire transfer, Skrill, Neteller, Local Gateway |
🚀 Minimum deposit: | 500 USD |
⚖️ Leverage: | 1:400 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 lots |
💱 Spread: | from 0 pips |
🔧 Instruments: | CFD, Commodities, Indices, Stocks, Forex |
💹 Margin Call / Stop Out: | Stop Out - from 20% to 40%, Margin Call - from 50% to 100%; |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Mobile Platforms |
➕ Affiliate program: | Yes |
📋 Orders execution: | NDD |
⭐ Trading features: | No |
🎁 Contests and bonuses: | Up to 125% |
Contacts
Registration address | Marshall Islands, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960 |
Official site | zotatrade.com |
Contacts |
Email:
support@zotatrade.com / info@zotatrade.com,
Phone: +44-208-089-4643 +7-495-009-8764 |
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has ZotaTrade been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against ZotaTrade by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of ZotaTrade is down, not updated or operates with clear errors and some features are not available;
• ZotaTrade has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if ZotaTrade got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why ZotaTrade got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from ZotaTrade?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if ZotaTrade is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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