Zentrader Review 2025

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Written By
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Written By
Christian Harris
Christian is an active trader with over 5 years of experience across stocks, futures, forex, and crypto. A former tech journalist, he shifted to finance to pursue his passion for investing, eventually becoming an eToro Popular Investor. With real-world trading knowledge across multiple asset classes, he brings valuable, hands-on insights to the table.
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Edited By
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Edited By
James Barra
James is an investment writer with a background in financial services. As a former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Fact Checked By
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Michael MacKenzie
Michael is a writer and editor with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.
Updated
Trust Platform Assets Mobile Fees Accounts Research Education Support 2.5
Zentrader is #20 in our binary options broker rankings.
$50
Web Browser App
Binary Options on Forex, Synthetic Indices, Commodities, Crypto
USD, JPY, IDR, THB, KRW
Debit Card, Credit Card, Wire Transfer, Bitcoin Payments

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

2 / 5

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.

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Christian Harris
Author
Comparison of similar brokers 2025
Zentrader AZAforex Dukascopy
Regulation & Trust Rating
Regulators FINMA, JFSA, FCMC
Segregated Client Accounts No No Yes
Negative Balance Protection Yes Yes Yes
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Accounts & Banking

2.8 / 5

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.

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Christian Harris
Author

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.

💡
Test with minimal deposits first and process a small withdrawal early to verify their actual turnaround times.
Comparison of similar brokers 2025
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
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Assets & Markets

2.5 / 5

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.

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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
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Fees & Costs

3 / 5

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:

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Zentrader AZAforex Dukascopy
Fees & Costs Rating
Maximum Payout 100 90% 90%
Inactivity Fee $0 $0 CHF 100
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Platforms & Tools

2.5 / 5

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.

Binary chart on Zentrader platform
USD/JPY binary chart

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.

Closed binary options trade details on Zentrader platform
Results of a closed binary trade on Zentrader
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Zentrader AZAforex Dukascopy
Platforms & Tools Rating
Platforms Web Browser App Mobius Trader 7 JForex, MT4, MT5
Mobile App APK iOS & Android iOS
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Research

1 / 5

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.

Market calendar at Zentrader

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.

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Zentrader AZAforex Dukascopy
Research Rating
Autochartist No No No
Trading Central No No No
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Education

2 / 5

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.

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Zentrader AZAforex Dukascopy
Education Rating
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Customer Support

2.5 / 5

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.

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Zentrader AZAforex Dukascopy
Support Rating
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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.

  1. 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.

  2. 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
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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

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