Zentrader Review 2025
See the Top 3 Alternatives in your location.
Pros
- Enter your email, and you're binary trading with $10,000 of virtual funds in seconds - no KYC or password setup needed. The demo account mirrors live binaries exactly so that you can backtest scalping strategies on real-time quotes without lag or restrictions.
- On popular assets like major forex pairs, winning trades pay out as high as 95%+, which edges out the standard 70-85% from most binary platforms. That extra percentage stacks up nicely over dozens of day trades, giving a slight profitability bump if your win rate holds.
- Unlike many brokers that shut down on weekends, Zentrader lets you trade binaries around the clock, especially on crypto pairs like BTC/USD. This means you can trade overnight sessions or catch sudden pumps without waiting for markets to reopen.
Cons
- The mobile trading experience was frustrating during testing – no iOS app and a manual APK download for Android which was fiddly and then still didn’t deliver a comprehensive trading environment with zero charts.
- Only bank cards, crypto, and bank wires are supported, with a $50 minimum deposit and varying minimum withdrawal amounts per currency (e.g., $10 for USDT and $100 for BTC). This makes it less flexible than brokers that support e-wallets and lower thresholds.
- Marketing materials don’t match the real trading experience: “single stocks” weren’t available, and the “up to 200%” payout includes your stake (i.e., up to 100% profit), and then during hours of testing across different days, payouts rarely exceeded 90%.
Zentrader Review
We evaluated Zentrader in every area that matters to active traders. We opened an account, placed binary trades during peak and off-peak sessions, recorded our findings, and assigned ratings, which culminated in this detailed review that reveals the broker’s strengths and shortcomings.
Regulation & Trust
Zentrader launched around 2018 as an offshore binary options broker, operated by ZT Markets Limited in the Marshall Islands.
We scoured regulator databases and couldn’t find any meaningful regulation – just a basic company registration with zero oversight from trusted, ‘green tier’ bodies in DayTrading.com’s regulator directory, such as the CySEC in Europe, ASIC in Australia, or the FCA in the UK.
This is common in the binary options industry, with many providers now based offshore with weak or zero regulatory oversight following the clamp down spearheaded by ESMA in 2019, which restricted the marketing and distribution of binaries in Europe.
Zentrader has also featured in warnings from regulators like the FSA in Japan for not being licensed to offer over-the-counter (OTC) trading products.
What does this mean for your money? No fund protection if things fall apart, and we noticed the broker maintains vague terms that give it leverage over payouts. For active day traders exploring binary options, these are red flags.
We’ve tested plenty of binary brokers, and legitimate operators like IQ Option and Deriv come with proper licenses and established track records – that’s better protection when disputes arise.We haven’t uncovered major scandals yet, but the complete lack of transparency destroys any foundation for trust. Bottom line from our testing: fine for pocket change experiments, risky for anything more.
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Regulation & Trust Rating | |||
| Regulators | FINMA, JFSA, FCMC | ||
| Segregated Client Accounts | No | No | Yes |
| Negative Balance Protection | Yes | Yes | Yes |
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Accounts & Banking
Live Accounts
We’ve tested Zentrader’s live account setup, and it’s straightforward – just one basic account for everyone. The $50 minimum deposit lets you experiment without significant exposure.
There are binaries on forex, indices, commodities, and crypto, offering payouts up to 100% with 24/7 trading access on certain assets. For active traders, the $5 minimum trade is higher than the industry average – it’s $1 at most other binary firms.
Comparing Zentrader’s live account to established platforms reveals gaps. We’re used to seeing VIP tiers and priority support – Zentrader offers none of that.
However, at the time of testing, new clients receive a $50 cashback bonus (or an equivalent in your base currency) as a welcome offer, which softens the entry cost slightly. We never recommend choosing a broker based on their bonuses, as these often come with conditions that require you to trade many times the value of the bonus before you can withdraw. However, Zentrader is unusual in that bonus funds only needed to be traded once.
To verify our account, we had to log in to our dashboard, complete our profile, upload an identity document via our mobile phone (e.g., passport, driving license), perform facial recognition, and verify our phone number.The whole process was intuitive and took about 15 minutes to get approved.
Demo Accounts
We tried Zentrader’s demo account, and it’s straightforward to access. You register with just an email – no password needed – then immediately pick assets like EUR/USD or BTC/USD and start trading with $10,000 in virtual funds.
We found the same binaries available on the live platform: forex, indices, commodities, crypto, and payouts up to 100%. The $5 minimum trade and 15-second minimum timeframe let you quickly gauge execution speed.
Grind through the demo extensively before depositing real money, but remember – this Marshall Islands setup means demo performance doesn’t guarantee live reliability. Better-regulated brokers offer more polished, trustworthy demo environments backed by actual oversight.
Deposits & Withdrawals
Zentrader’s funding options are limited. You can deposit via debit card, credit card, crypto (BTC and USDT), and local bank wire transfers in select regions.
We noticed support for multiple local currencies, including Indonesian Rupiah (IDR), Thai Baht (THB), Philippine Peso (PHP), and Japanese Yen (JPY). However, there are no e-wallet options like Skrill or Neteller, which we typically prefer for faster transactions.
The minimum deposit is $50, and withdrawal minimums vary by currency: $10 for USDT but $100 for BTC. Bank card deposits come with the familiar anti-money laundering catch – refunds must be returned to the same card before other withdrawal methods work.
We didn’t encounter any deposit or withdrawal fees from the broker during testing, but bank card withdrawals took up to three days. Compared to top brokers offering instant e-wallet withdrawals, this feels sluggish. Crypto withdrawals are much faster and typically completed within a few hours.
For day traders needing quick capital rotation, these limitations are cumbersome.
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Accounts & Banking Rating | |||
| Payment Methods | Bitcoin Payments, Credit Card, Debit Card, Wire Transfer | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Maestro, Mastercard, Neteller, Paybis, Perfect Money, QIWI, Skrill, Visa, Volet, Wire Transfer | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Maestro, Mastercard, Neteller, Skrill, Visa, Wire Transfer |
| Minimum Deposit | $50 | $1 | $100 |
| Fast Withdrawals | No | No | No |
| Islamic Account | No | Yes | Yes |
| Demo Account | Yes | Yes | Yes |
| Demo Competitions | No | No | No |
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Assets & Markets
Zentrader’s market coverage to be extremely limited. You’ll find around 18 forex pairs – mostly majors like EUR/USD and GBP/USD, which work for basic trading but don’t offer much opportunity for diversification.
As for indices, we counted just two symbols: Volatility 10 (VIX 10) and Jump 10 (synthetic volatility index). Commodities are essentially gold and silver.
The crypto selection includes just Bitcoin and Ethereum, with currency pairings to USD (i.e., BTC/USD) and JPY (ETH/JPY).
Comparing this to established binary brokers, the difference is stark. We’re used to platforms offering 100+ instruments, including exotic currency pairs, and popular global stock indices like the S&P 500 and Nasdaq-100.
That variety matters when you need to pivot between markets or avoid stagnant price action. With Zentrader, when our primary pair went flat during testing, we struggled to find viable alternatives.
For beginner day traders learning the basics of binary options on core markets, it’s adequate initially. But you may quickly feel constrained – if your strategy relies on specific symbols or sector rotation, you’ll outgrow this platform fast.
You should check Zentrader’s live asset list on the website before depositing, since instruments can disappear without warning. We’ve seen brokers quietly remove assets, leaving active positions in limbo.
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Assets & Markets Rating | |||
| Trading Instruments | Binary Options on Forex, Synthetic Indices, Commodities, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Expiry Times | 15 Seconds - 24 Hours | 30 seconds - 1 day | 3 minutes - 1 day |
| Boundary Options | No | No | No |
| Ladder Options | No | No | No |
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Fees & Costs
Zentrader’s fee structure is buried in the payout mechanics like most binary platforms. You won’t see per-trade commissions, but you’re effectively paying through reduced payouts and 100% losses on failed positions.
For day traders flipping multiple short-term expiries, that house edge compounds quickly – especially when we noticed payout rates dropping during quieter trading sessions.
On the positive side, we confirmed there are no inactivity fees, so dormant accounts won’t drain your balance. Regarding funding, deposits were free during our tests, but withdrawals incurred processing delays, potential currency conversion costs, and crypto transaction fees.
Compared with top-tier binary brokers, we found Zentrader frustratingly opaque. Leading platforms publish detailed fee schedules and typical payouts per asset. With Zentrader, we had to comb through the docs and monitor how real payout rates fluctuated throughout the day.
Zentrader advertises payouts of “up to 200%,” which sounds far higher than most binary options firms. But that figure includes your original stake. Most other brokers quote payout as profit only (the amount you win), excluding the stake. So Zentrader’s “up to 200%” is effectively up to 100% profit – i.e., you may receive 200% back in total (your stake + 100% winnings).
And as you’d expect, payouts vary between assets and market conditions. For instance, when we used the platform, these were the payouts we actually saw on several popular instruments:
- BTC/USD – 70%
- ETH/USD – 70%
- Vol 10 – 85%
- Jump 10 – 85%
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Fees & Costs Rating | |||
| Maximum Payout | 100 | 90% | 90% |
| Inactivity Fee | $0 | $0 | CHF 100 |
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Platforms & Tools
We’ve tested Zentrader’s platform extensively, and it’s web-only – no desktop downloads required (like most binary firms). We accessed it from any browser on multiple devices.
Charts offer tick, 60-second, 5-minute, and 1-hour timeframes, but here’s the problem: zero drawing tools or indicators. You’re essentially trading blind on raw price action alone. We’ve not come across any other binary platform active in 2025 that doesn’t provide any drawing tools or indicators.
Trade sizes range from $5 to $1,000, with payouts of 65% to 100% depending on the asset and timeframe. Contract durations run 15 seconds to 24 hours – great for short scalps but limiting for longer strategies.
An Android app exists, but it’s not on Google Play. We had to download the APK manually and sideload it ourselves – sketchy for many traders. There’s no iOS version at all.

Compared to the top binary brokers we’ve reviewed, this is painfully basic. Leading platforms provide full apps with indicators, multi-chart layouts, price alerts, and smooth one-click execution across all devices. A growing number even integrate TradingView or MetaTrader charts.
For beginner day traders, Zentrader gets you into binaries quickly without complexity. But the blind charting and manual app installation will frustrate you as you progress.

| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Platforms & Tools Rating | |||
| Platforms | Web Browser App | Mobius Trader 7 | JForex, MT4, MT5 |
| Mobile App | APK | iOS & Android | iOS |
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Research
Zentrader’s research offerings are practically nonexistent. Outside the platform, we found a TradingView-powered economic calendar on the website that shows events like NFP and rate decisions – helpful for spotting volatility spikes. The problem? It’s not integrated into the trading dashboard. We had to tab out mid-trade to check it, which completely disrupted our flow.
The brokers also run a basic blog with occasional market updates, but nothing timely or actionable during our testing. That’s the extent of it- no proper news feed (just scattered headlines), zero trading signals, and no market analysis.
For day traders executing short-term binaries, this leaves you blind to critical news events and sentiment shifts.

The top binary brokers we’ve reviewed integrate live news tickers, comprehensive economic calendars, trading signals, and market update videos directly into their platforms.
Zentrader skips all of this, forcing you to rely on external tools like TradingView – a workflow killer during fast sessions.
For beginners, this bare-bones setup provides zero trading edge.
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Research Rating | |||
| Autochartist | No | No | No |
| Trading Central | No | No | No |
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Education
Zentrader’s education resources are minimal. The blog covers basic binary trading fundamentals like payouts and simple forex strategies – practical for absolute beginners, but nothing substantial.
We found a few tutorial videos on the website walking through platform navigation and basic trade setups, but there are no regular webinars or structured trading courses.
For beginner day traders, these resources teach dashboard basics quickly, then leave you stranded. We recommend using the videos to learn navigation fast, then seeking external education immediately.
Check the blog for occasional updates, but expect to build your real knowledge elsewhere. Better brokers like Pocket Option and IQ Option drastically shorten your learning curve and help you avoid costly rookie mistakes.
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Education Rating | |||
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Customer Support
Zentrader’s support system is hit-or-miss. The broker offers an FAQ and a contact page detailing all contact options.
Live chat appears instantly, but it’s just a bot – we got help with basic password resets, yet couldn’t reach an actual human, no matter how we escalated.
Email support is available, along with a Singapore-based phone number and social channels including Telegram and WhatsApp.
Top binary brokers offer 24/7 live chat with real agents, phone support in multiple languages, and ticketing systems that properly track withdrawal disputes. Zentrader’s chatbot works for minor glitches but fails on serious issues, such as trade disputes or payout holds.
We strongly recommend testing the live chat early with a fake issue before funding your account. Offshore brokers frequently underdeliver when real problems emerge.
Use the FAQ for self-service basics, but don’t expect fast human intervention mid-session. Better-regulated brokers keep real support agents available when your trading capital is on the line.
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Support Rating | |||
| Visit | Visit | Visit | Visit |
| Review | Review | Review | Review |
Should You Day Trade With Zentrader?
Zentrader can work okay for beginners testing binaries on a small budget – low deposits, instant demo access, and basic assets cover the essentials without much fuss. But it’s not built for serious day trading.
There’s no regulation, which means no fund protection. Support’s mostly a bot with no real humans on deck, and research and education stay surface-level.
That said, if you’re practicing short trades on majors and can stomach the risks, it holds up for small accounts. Top brokers edge it out with deeper tools, better oversight, and smoother service, but Zentrader has avoided big scandals so far.
Test small, withdraw quickly, and see if it fits – or move on to something sturdier.
FAQs
Is Zentrader Legit Or A Scam?
Zentrader is legit in the sense it operates openly and pays out small wins without major scandals reported. But it’s no safe bet – offshore Marshall Islands registration means zero real regulation, no fund protection, and easy payout blocks under broad terms.
Scam risks loom higher than with licensed brokers, where you have recourse. Test with $50 maximum, withdraw fast, and bail if support ghosts you. Not a full scam, but treat it like high-risk gambling, not trading.
Is Zentrader Suitable For Beginners?
Zentrader is beginner-friendly on the surface: simple platform, small minimum deposit, and an easy demo to practice on. But the offshore, non-regulated setup means beginners carry more risk than with licensed brokers.
Education and research are also basic, so new traders must lean on outside resources to learn risk management and strategy. It can work for small, experimental accounts, but it’s not the safest place to learn with money you can’t afford to lose.
Best Alternatives to Zentrader
Compare Zentrader with the best similar brokers that accept traders from your location.
- AZAforex – Established in 2016, AZAforex is an offshore broker offering short-term trading on 235+ global financial markets, including through binary options with payouts of up to 90%. Three accounts (Start, Pro and VIP) offer unique features, but all provide access to the broker’s Mobius Trader 7 platform, which has benefited from performance upgrades over the years.
- Dukascopy – Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
Zentrader Comparison Table
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Rating | 2.5 | 3.4 | 3.6 |
| Markets | Binary Options on Forex, Synthetic Indices, Commodities, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options |
| Demo Account | Yes | Yes | Yes |
| Minimum Deposit | $50 | $1 | $100 |
| Minimum Trade | $5 | 0.0001 Lots | $1 (Binaries), 0.01 Lots (Forex/CFD) |
| Regulators | – | – | FINMA, JFSA, FCMC |
| Bonus | $50 Cashback Bonus | 30% Crypto Deposit Bonus, 120% Loyalty Bonus, 30% Spread Rebate, Certificate of Deposit Bonus | 100% Anniversary Bonus |
| Platforms | Web Browser App | Mobius Trader 7 | JForex, MT4, MT5 |
| Leverage | – | 1:1000 | 1:200 |
| Payment Methods | 4 | 14 | 10 |
| Visit | – | Visit | Visit |
| Review | – | AZAforex Review |
Dukascopy Review |
Compare Trading Instruments
Compare the markets and instruments offered by Zentrader and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
| Zentrader | AZAforex | Dukascopy | |
|---|---|---|---|
| Binary Options | Yes | Yes | Yes |
| Expiry Times | 15 Seconds – 24 Hours | 30 seconds – 1 day | 3 minutes – 1 day |
| Ladder Options | No | No | No |
| Boundary Options | No | No | No |
| CFD | No | Yes | Yes |
| Forex | Yes | Yes | Yes |
| Stocks | No | Yes | Yes |
| Commodities | Yes | Yes | Yes |
| Oil | No | Yes | Yes |
| Gold | Yes | Yes | Yes |
| Copper | No | Yes | Yes |
| Silver | Yes | Yes | Yes |
| Corn | No | No | No |
| Crypto | Yes | Yes | Yes |
| Futures | No | No | No |
| Options | No | No | No |
| ETFs | No | No | Yes |
| Bonds | No | No | Yes |
| Warrants | No | No | No |
| Spreadbetting | No | No | No |
| Volatility Index | Yes | No | Yes |
Zentrader vs Other Brokers
Compare Zentrader with any other broker by selecting the other broker below.
Customer Reviews
There are no customer reviews of Zentrader yet, will you be the first to help fellow traders decide if they should trade with Zentrader or not?