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ZTE Broker

Kazakhstan|1-2 years|
Regulated in United States|Suspicious Regulatory License|Suspicious Scope of Business|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://www.ztetrading.com/

Website

Rating Index

Contact

+44 131-618-7998
info@ztetrading.com
https://www.ztetrading.com/
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 131-618-7998

Broker Information

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Company Name

ZTE Trading LLC

Company Abbreviation

ZTE Broker

Platform registered country and region

Kazakhstan

Company website
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Warning: Low score, please stay away! 4
Previous Detection : 2024-04-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0554495) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

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ZTE Broker · Company Summary

risk warning

Online trading involves significant risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Make sure you understand the risks involved, and keep in mind that the information in this article is for general information purposes only.

General information

ZTE Brokersummary of the review in 10 points
Founded within 1 year
Registered country/region St. Vincent and the Grenadines
Regulation NFA - not authorized
Market Instruments currency pairs
demo account N / A
Leverage 1:1000
Diferencial EUR/USD float for all symbols
trading platforms MT5
minimum deposit $10
Customer Support Live chat 24/7, phone, email

what is ZTE Broker ?

ZTE Brokeris an unregulated brokerage firm which offers trading services in various financial markets including forex, commodities, stocks and indices with flexible leverage ratios and floating spreads through the MetaTrader5 (MT5) trading platform.

ZTE Broker's home page

In the following article we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you're interested, read on. At the end of the article we will also make a brief conclusion so that you can understand the features of the broker at a glance.

pros cons

advantages Contras
• Offers different types of trading accounts to meet various trading needs and preferences • Unauthorized NFA license
• Supports the popular MetaTrader 5 trading platform • Excludes customers from Turkey, USA and UAE
• 24/7 live chat support • Lack of specific information on the values ​​of spreads and commissions
• Limited information on available market instruments

It is important for traders to research and consider these pros and cons, along with their individual trading needs and preferences, before making a decision about trading with ZTE Broker .

ZTE Brokeralternative corridors

    there are many alternative intermediaries for ZTE Broker depending on the specific needs and preferences of the merchant. some popular options include:

    • FXCM - a trusted brokerage with a wide range of trading instruments and reliable customer support, making it a good choice for traders.

    • OctaFX - offers an easy-to-use trading platform, competitive spreads, and multiple account types, making it a suitable choice for both novice and experienced traders.

    • Black Bull Markets - provides ECN trading conditions, low spreads, and a wide range of financial instruments, making it a solid choice for traders looking for competitive trading conditions.

Ultimately, the best broker for an individual trader will depend on their trading style, preferences, and specific needs.

is ZTE Broker safe or scam?

ZTE Brokercurrently does not have a valid regulation. his The license of the National Futures Association of the United States (NFA, No. 0554495) is not authorized. this raises concerns about the security and legitimacy of the broker. merchants should be careful and consider these factors before committing to ZTE Broker .

unauthorized NFA license

Market Instruments

ZTE Brokerfocus on currency pairs. Currency pairs are one of the most popular financial instruments for traders, allowing them to speculate on exchange rate movements between two different currencies. ZTE Broker It probably offers major currency pairs such as eur/usd, gbp/usd, and usd/jpy, as well as minor and exotic currency pairs.

however, ZTE Broker The website does not provide specific details on the available market instruments, it is common for brokers to offer a variety of instruments to suit the various trading preferences of their clients. merchants should contact ZTE Broker directly or browse their platform for specific information on the market instruments available to trade.

accounts

ZTE Brokeroffers three types of trading accounts: ecn, vip and islamic (swap free) accounts. each account is designed to meet different trading needs and preferences.

He ECN account it is suitable for traders who prefer tight spreads and fast execution. With a $10 minimum deposit requirement, this account offers competitive trading conditions, including access to high liquidity and no dealing desk intervention. ECN account traders can take advantage of low latency and trade with tight spreads, making it suitable for scalpers and those who require fast and accurate trade execution.

He vip account It is designed for more experienced, high-volume traders. With a $3,000 minimum deposit requirement, this account offers additional benefits and personalized support. VIP account holders can enjoy lower commissions, priority customer service, and access to exclusive business tools and resources. This account is suitable for traders who require additional benefits and personalized services to enhance their trading experience.

He islamic account, also know as he No exchange account, is designed for merchants who adhere to Islamic principles, which prohibit charging or paying interest. This account is suitable for traders who prefer to avoid exchange fees, making it ideal for long-term trades or those who want to avoid overnight funding costs. The minimum deposit requirement for the Islamic account is $10.

Account Types

Leverage

ZTE Brokeroffers competitive leverage options for its clients. he the maximum leverage for VIP accounts is 1:500, allowing traders to widen their trading positions and potentially increase their profits. This higher leverage level is suitable for high volume and experienced traders who are familiar with the risks associated with trading on margin.

For ecn and islamic accounts (swap free), ZTE Broker offers even higher leverage of 1:1000. This gives traders the ability to control larger positions with a smaller amount of capital. However, it is important to note that higher leverage also increases the potential for both profit and loss. Traders must be careful and use proper risk management strategies when trading with high leverage.

Spreads and Commissions

ZTE Brokeroffers floating spreads for all symbolsalthough the specific spread values ​​are not specified on their website. Floating spreads are spreads that can vary based on market conditions, meaning they can widen or narrow based on volatility and liquidity. The advantage of floating spreads is that they can sometimes be lower during periods of low market volatility, allowing for potentially lower trading costs.

ZTE Brokerwebsite of does not provide commission information, so it is not clear if they charge fees for transactions. it is important that merchants consult directly with ZTE Broker or check your trading platform for specific details on spread values ​​and any potential commission charges.

Traders should also consider that spread values ​​and applicable commissions may affect overall trading costs and profitability. It is wise to compare the costs and trading conditions of multiple brokers before making a decision.

trading platforms

ZTE Brokersupport the Meta Trader 5 (MT5) business platform. MT5 is a popular and widely used platform among traders, known for its advanced features and functionality. The platform offers a user-friendly interface, advanced charting tools, technical analysis indicators, and the ability to execute trades directly from the charts.

With MT5, traders can access a wide range of financial instruments, including currency pairs, commodities, stocks, and indices. The platform also supports automated trading through the use of Expert Advisors (EAs), allowing traders to create and implement their own trading strategies.

MT5

ZTE Brokermt5 support provides traders with a reliable and solid platform to execute their trades. The platform's flexibility and advanced features make it suitable for both novice and experienced traders. It is important to note that while ZTE Broker supports mt5, traders should ensure that the platform meets their specific trading needs and preferences before opening an account.

Check out the trading platform comparison table below:

Hall trading platforms
ZTE Broker Meta Trader 5 (MT5)
FXCM FXCM Trading Station, MetaTrader 4 (MT4), NinjaTrader, ZuluTrade
OctaFX MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, OctaFX trading app
Black Bull Markets MetaTrader 4 (MT4), MetaTrader 5 (MT5), BlackBull Pro, WebTrader

Customer service

ZTE Brokerprovides customer service through various channels, including Live chat 24/7, telephone and email. Traders can contact the broker's support team via live chat on their website, by calling phone number +44-131-618-7998, or by sending one email to info@ztetrading.com. This ensures that clients have multiple options for contacting the broker for assistance with their queries or concerns.

ZTE Brokerhas listed two company addresses on its website. the first address is Ground floor, Sotheby's Building, Rodney Village, Rodney Bay, Gros-Islet, St. Lucia. The second address is 458/1 Saken Seifullin AVE, STE 332, ALMATY, Kazakhstan. These addresses provide traders with information about the broker's physical locations and can be useful for those who prefer in-person support or verification of the broker's trades.

besides, ZTE Broker maintains a presence on various social media platforms. traders can follow the broker on Telegram, Instagram and WhatsApp. following ZTE Broker on these social networks you can provide merchants with updates on promotions, market analysis and other relevant information.

Customer Service

in general, ZTE Broker offers multiple customer support channels and ensures availability on various social media platforms, giving traders options to contact the broker and stay up to date with the latest news and developments.

advantages Contras
• 24/7 live chat support N / A
• Multichannel support
• Openly disclosed company address
• Presence in social networks

note: these pros and cons are subjective and may vary depending on the individual's experience with ZTE Broker Customer Service.

Conclusion

based on the information available, ZTE Broker offers a range of trading services, including access to the metatrader5 platform, various account types, competitive leverage options, and customer support through multiple channels. however, there are some potential drawbacks, such as the unauthorized NFA license, lack of specific information on spread values ​​and commissions, as well as limited information on available market instruments. traders should carefully consider these factors and do further research before deciding to trade with ZTE Broker .

Frequently Asked Questions (FAQs)

P 1: is ZTE Broker regulated?
and 1: No. Its license from the United States National Futures Association (NFA, No. 0554495) is unauthorized.
P 2: in ZTE Broker Are there any regional restrictions for merchants?
And 2: Yeah. ZTE Broker does not provide services to turkey, united states, united arab emirates and any relevant jurisdiction that the company is not authorized to operate.
P 3: does ZTE Broker offer the industry leading mt4 and mt5?
And 3: Yes. It is compatible with MT5.
Question 4: what is the minimum deposit for ZTE Broker ?
And 4: The minimum initial deposit to open an account is $10.
Question 5: is ZTE Broker a good runner for beginners?
And 5: No. It is not a good option for beginners. Not only because of its deregulated condition, but also because of its lack of transparency.

User Reviews

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今天 !为 !明天
more than one year
While ZTE Broker has some positive aspects like multiple account types and the MetaTrader 5 platform, I'd advise you to tread carefully. Do your homework, especially if you're particular about regulatory stuff and transparency. There are other brokers out there with clearer policies and more straightforward information.
2023-12-07 12:14
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Lysandra Evangeline Donovan
more than one year
Hey traders! Just wanted to share my experience with ZTE Broker. Overall, I've had a pretty good time trading with them. The variety of trading accounts they offer suits my different trading needs, and the 24/7 live chat support has been a lifesaver. Whenever I have a question or need assistance, they're quick to respond and super helpful.
2023-12-06 14:04
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Hakanchavoshoglu
more than one year
I can say with certainty that this broker is one of the best
2023-03-28 22:33
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0
1
Hakanchavoshoglu
more than one year
This broker is the only broker that I have traded with complete confidence and they have very strong 24-hour support. They always did all my impressions quickly I am really happy thank you
2023-03-28 22:28
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0
1
戴靜茹
more than one year
ZTE Broker is just a SCAM. You will lose your money - just like me. They are lovely to deal with when you want to invest and pretend to help you all the way, but when it's time to try to withdraw some of your money the problems will start and you will have no access and no way to recover your money.
2023-03-16 11:42
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0
春季里开花十四五六
more than one year
This platform is just a scam. Don’t waste your time here they are the real cheaters ever I have seen. Even they waste you much time by saying OK we will can you back.
2023-02-28 09:58
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