Zetano is another one of the many regulated brokers that provides investors with access to the financial markets. It is a registered brand of Wonderinterest Trading Ltd, and offers trading contracts for difference (CFDs). It offers four different types of assets on such basis, namely stocks, indices, commodities and forex (currency pairs).
Zetano – Broker overview
The broker’s website is very user-friendly and clear. On the top right you can register as a new user or log in if you already have an account. On the top bar you will find all the important links regarding trading, instruments and so on. Last but not least, Support is available either via phone or email email@example.com.
The website is available in English, with a possibility of translating into Czech, Slovak, Greek and Slovenian. That means a pretty solid language support, however, there is still a space for more language mutations, such as Spanish or Italian.
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Zetano – Trading platform
You can only trade using Zetano through one platform, which is XOH Trader. During its development, the main focus was on intuitiveness and beginner-friendliness, so entering the markets should not be too difficult even if trading is completely new to you. Moreover, the platform is available both for desktop computers and for download on smartphones running iOS or Android.
Zetano – Assets on offer
As mentioned in the very beginning, Zetano provides its clients with trading in investment instruments based on difference contracts. CFDs on shares, stock indices, commodities and forex are on offer. Stocks from five European countries and the United States are available. You can also choose from six different indices, just under twenty commodities and around fifty currency pairs.
Also read: TOP 5 mistakes when trading stocks
Zetano gives investors the choice to open four different types of accounts – Standard, Premium, Metal and Diamond. Creating each of them is free, the option to create different types of account is then based on the required minimum deposit. This is a rather pleasant amount of $100 for the Standard account, you can find out more about each account type in the image below.
On the broker’s website we can also find information about the existence of a demo account as well as a link to create it, located on the homepage under the link to customer reviews.
Deposit and withdrawal
You can deposit your funds into the account by bank transfer or using a credit card. In the case of the first option, the maximum deposit is unlimited, and for credit card, it is $10,000. Unfortunately, you can only withdraw by bank transfer, but on the other hand, there is no minimum amount limit. Therefore, you can always withdraw as much money as you need.
Zetano – Education
When it comes to trader education, Zetano has two sections on its website – Academy and News. While the Academy section is very nicely designed and contains both a glossary of important terms and a list of frequently asked questions, the same cannot be said for News. Despite the existence of links to analyses and media mentions, the links are empty. The best part of the News section is the Blog, where you can find at least some pieces of information about what is happening on the markets.
Regulation of Zetano
The broker’s activities are controlled by CySEC (Cyprus Securities and Exchange Commission). Thus, Zetano must comply with all requirements and regulations set by the authority. Therefore, the company is much more trustworthy, as trading with unregulated brokers is generally not recommended.
The broker has accounts on four social networks – Instagram, Facebook, Twitter and Linkedin. The graphics of the posts match the design of the site and the content is mainly focused on editing. This is in the form of world news or educational posts.
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Zetano – Review summary
Zetano is a regulated broker that provides clients with the opportunity to trade difference contracts on four asset classes. It has developed its own platform, XOH Trader, which can either be downloaded on mobile phones or used from a desktop computer.
Beginners will especially appreciate the existence of a demo account and the educational section on the website. Investors have the option to open four types of accounts, with a minimum deposit for trading of $100. The Diamond account with the highest minimum deposit ($500,000) naturally offers the most benefits.
The only negatives we could find are the largely unfinished News section and, for investors who are used to the classic MetaTrader platform, the inability to trade other than through the XOH trader. However, Zetano is in our opinion generally a very solid broker.
- Clear website
- Existence of a demo account
- Multiple account types
- Academy section
- Quality platform, suitable for beginners
- Unfinished News section
- Withdrawal by bank transfer only
- Only one trading platform to choose from
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