Abstract:Zentrade is an online broker founded in 2006, committed to providing an excellent trading environment and quality service to its clients. Zentrade is currently not subject to any active regulation.
General Information & Regulation
Zentrade is an online broker founded in 2006. Zentrade is currently not subject to any active regulation.
Markets Instruments
Investors can trade major currency pairs, minor currency pairs, gold, silver, platinum, and palladium through Zentrade Markets.
Minimum Deposit
Zentrade offers four account types: Cent, Micro, Standard, and Zero accounts. However, the minimum deposit requirement is not fully disclosed. Many other brokers would require traders to at least $100 or the equivalent amount to start trading.
Zentrade Leverage
When it comes to trading leverage, Zentrade doesn't make this broker clear. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Spreads & Commissions
In terms of spreads and commissions, or trading fees, Zentrade seems to make this part quite vague. The specific spreads and commissions details are not provided.
Deposit & Withdrawal
Zentrade supports users to deposit and withdraw funds via cryptocurrencies.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.