Zota Trade
Zota Trade Broker: Company Information
The Zota Trade broker is registered in an offshore zone, in the territory of the Marshall Islands, at the address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960. It is worth noting that this address can also be found with other similar companies.
Contact Information and Language Versions
The official website zotatrade.com is available in English, Russian, and German languages. The main page of the Russian version of this resource looks as follows.
The list of contact details is quite extensive. You can call the Russian number (+7-495-009-0762) or the British number (+44-208-089-4643), send an email to support@zotatrade.com or info@zotatrade.com – depending on the purpose of contact. An alternative to all these contacts is a feedback form.
Zota Trade Trading Conditions
The Zota Trade dealing center offers to work with a standard set of assets common for modern brokers – CFDs, commodities, stocks, indices, currency pairs. In total – over 250 instruments, as immediately stated on the main page.
The parent company Zota Capital LTD is a member of the International Financial Commission. The certificate can be found on the website. Another Zota Trade license is not available.
Trading Accounts and Platforms
The client can choose from six account types. Opening a demo account is not provided by the company, requiring real funds to start working immediately. The main options and the minimum deposit at Zota Trade look as follows:
- Mini Standard – 500 USD,
- Standard – 2500 USD,
- Silver – 5000 USD,
- Gold – 10,000 USD,
- Platinum – 50,000 USD,
- Premium – 100,000 USD.
In the “Trading Account” section – “Types of Trading Accounts”, you can see a comparative table to learn about all the conditions of working with each account, as well as the opportunities provided by the broker.
As for the trading platform, traders have a choice of three options – the advanced MetaTrader 4 terminal for PC, a mobile trading platform, or WebTrader, which does not require downloading and installation.
Account Funding and Withdrawal from Zota Trade
There is almost no information about deposit/withdrawal of funds on the zotatrade.com website. Only at the bottom of the main page of this resource, you can see the logos of Visa and MasterCard, indicating the broker’s support for withdrawing funds to these bank cards.
Some interesting information is contained in the “Refund Policy” document, which all potential clients need to study, as well as reviews about Zota Trade. For example, this document states that the withdrawal of the total deposit amount is only possible to the same details and payment systems that were used to deposit funds. The withdrawal period does not exceed five banking days from the moment the withdrawal request is submitted. No information is provided about commissions.
Conclusion
Good informativeness of the website, availability of contact details, and provision of a quality trading terminal are the strengths of Zota Trade, while offshore registration and a relatively high minimum deposit are serious drawbacks of the broker. All potential clients must study reviews about Zota Trade to learn about the actual operation of this company.