Is ZoomTrader regulated?
ZoomTrader Review This is why in this review we have decided to focus on ZoomTrader, a binary options broker who has been around for a few years and has now been regulated by CySEC (224/14) in January 2015.
Is binary trading legal?
Binary options are legal and available to trade in the U.S. but they must be traded on a regulated U.S. exchange. These exchanges are Designated Contract Markets (DCMs). Some binary options are listed on registered exchanges or traded on DCMs that are subject to oversight by the CFTC or SEC.
Is IQ Option halal?
Yes, IQ Option is Halal. [1] They offer Islamic accounts for devoted Muslims. When you will be creating an account, they ask you whether you are a Muslim or not. And they facilitate interest-free accounts to Muslims.
Is IQ Option legal?
‘ IQ Option is a binary options trader owned and operated by IQ Option Europe Ltd. It is a regulated and licensed binary options broker, but since the binary option is not legal in India, so IQ option does not hold a legal status here.
What is optionzoomtrader and how does it work?
ZoomTrader is a binary options broker which opened its doors in 2012 and is based in British Anguilla. The company accepts traders in the USA, and at first glance, appears to have some attractive offers.
Is brobroker ZoomTrader a good broker?
Broker Zoomtrader has never been one of my favourite brokers. This is because of its poor image based on what I have heard from other traders. To see how much this is true we have made a hard test and this review will explain everything. First of all, Zoomtrader has received numerous penalties from relevant authorities.
What are the most unfair practices of ZoomTrader?
Another unfair practice of Zoomtrader is the behaviour toward clients who deposit their money. Saying this, we mean the adding of unwanted bonuses. Mainly because, the client is forced to trade a certain amount before allowed to withdraw it. The majority of these amounts is exorbitant.
Is ZoomTrader playing fair in Cyprus?
In early 2014 Zoomtrader received penalty from CySEC worth $15.000 for offering binary options trading to Europeans without having a valid license. All brokers based in Cyprus are subject to regulation i.e. are supposed to play fair. But “playing fair” is obviously something these guys dislike.