Zetano Forex broker specializes in providing foreign exchange trading services, the company's official website https://zetano.com/en/registration, the company's legitimate regulatory information CyprusCYSECStraight Through Processing(STP), to enhance the security of the company's address Paschalis Court, 176 Makariou III, Office 201, 3027 Limassol, Cyprus.
Zetano Forex Broker
Basic information
Cyprus
5-10 years Regulated in Cyprus Straight Through Processing(STP) White label MT5 Self-developed Regional BrokersCompany profile
Founded in 2018, Zetano is a broker that offers trading in futures, physical shares, and some CFDs with leverage up to 1:100 and spread floating around 3 pips via a mobile app. The minimum deposit requirement is 100 USD. It is currently regulated by the Cyprus Securities and Exchange Commission (CySEC).
Pros and Cons
| Pros | Cons |
| Regulated by CySEC | Wide spreads |
| Diverse trading instruments | No MT4/5 |
| Demo accounts available | Maintenance fee charged |
| Multiple account types | High minimum deposit |
| Flexible leverage ratios | Limited payment options |
| No minimum withdrawal amount |
Is Zetano Legit?
Yes, Zetano is a registered brand name of Wonderinterest Trading Ltd, a Cyprus Investment Firm (CIF) supervised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with a CIF license number 307/16 and a company registration number HE 332830.
| Cyprus Securities and Exchange Commission (CySEC) | |
| Current Status | Regulated |
| Regulated by | Cyprus |
| Regulated Entity | Wonderinterest Trading Ltd |
| License Type | Straight Through Processing (STP) |
| License No. | 307/16 |
What Can I Trade on Zetano?
Zetano offers trading on more than 60 currency pairs, the most famous stocks in physical or CFD form, indices and various types of commodities.
| Tradable Instruments | Supported |
| Futures | ✔ |
| Physical Shares | ✔ |
| CFD Shares | ✔ |
| Forex | ✔ |
| Indexes | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Apart from 30-day demo accounts, Zetano also offers four live account types, namely Standard, Premium, Metal and Diamond accounts.
| Account Type | Min Deposit |
| Standard | 100 USD |
| Premium | 50,000 USD |
| Metal | 100,000 USD |
| Diamond | 500,000 USD |
Leverage
Leverage is 1:30 by default, and up to 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Zetano Fees
Maintenance fee: A maintenance fee of up to 100 EUR may apply to inactive accounts. The maintenance fee will be charged to accounts that meet the above conditions every month, beginning with the first month of inactivity.
FTT: Italian CFDs and ITA40 transactions are subject to a financial transaction tax (FTT) based on the transaction's nominal value.
| Nominal Value | FTT |
| Up to 2,500 EUR | 0.25 EUR |
| 2,500 – 5,000 EUR | 0.5 EUR |
| 5,000 – 10,000 EUR | 1 EUR |
| 10,000 – 50,000 EUR | 5 EUR |
| 50,000 – 100,000 EUR | 10 EUR |
| 100,000 – 500,000 EUR | 50 EUR |
| 500,000 – 1000,000 EUR | 100 EUR |
| More than 1 000 000 EUR | 200 EUR |
Trading Platform
Zetano offers a mobile app for investors. The devices that it supports are iOS and Android.
Meanwhile, it supports multiple languages: Arabic, Armenian, Bulgarian, Chinese, Czech, English, French, German, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Romanian, Russian, Slovenian, Spanish, Swedish, Thai, Turkish, and Vietnamese.
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobile App | ✔ | IOS, Android | / |
| MT4 | ❌ | Beginners | |
| MT5 | ❌ | Experienced trader |
Deposit and Withdrawal
Zetano offers a withdrawal system with no minimum withdrawal amount and supports SWIFT and Bank Wire Transfer methods.
For deposits, they provide wire transfer with no maximum limit and a minimum of $1,000, as well as credit card deposits with a maximum of $10,000 and a minimum of $1,000, accepting VISA and MasterCard.
Rating Index
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Latest Reviews
.7726
Colombia
I strongly advise that this broker should widen their payment gateways. I love using online payment methods, while only Bank Wire, VISA, MasterCard are supported here.
Neutral
2023-03-02
68177
Pakistan
Zetano has a good regulatory record and a secure trading environment. In terms of trading conditions, it has a low point spread and provides a variety of trading tools that I can choose according to their own needs. Simulated trading is doing very well. It also provides some basic education and training resources, but compared to other brokers may be slightly inadequate.
Positive
2023-03-29