ZitaPlus Forex Broker

ZitaPlus Review Summary Founded2023 Registered Country/RegionThe Virgin Islands RegulationUnregulated Market InstrumentsForex, commodities, stocks, indices, and futures Demo Account✅ LeverageUp to 1:1000 SpreadFrom 1.2 pips (Standard account) Trading PlatformMT5 Minimum Deposit$100 Customer Support24/5 support Contact form Phone: +971 42 871 454 Email: support@zitaplus.com Facebook, Telegram, YouTube, WhatsApp, Twitter Address: The H Hotel Office Tower, One Sheikh Zayed Road, Trade Center First,18th floor, Office No:1803, Dubai, United Arab Emirates Regional RestrictionsDemocratic People's Republic of Korea, Iran, Iraq, Syria, Democratic Republic of Congo, Yemen, Venezuela, Myanmar, Turkey, Japan, Ukraine, Belarus, Cuba, Russian Federation, United States of America, Canada, New Zealand, Afghanistan, State of Palestine, Israel, Somalia and Sudan ZitaPlus is an unregulated brokerage firm founded in 2023 and registered in The Virgin Islands. It offers a diverse range of over 100 trading instruments through four kinds of accounts and MT5 trading platform.Pros and Cons Pros Cons MT5 supportedUnregulated status Multiple ways to contactRegional restrictions Various payment methodsHigh minimum deposit requirement Client protection providedIs ZitaPlus Legit? ZitaPlus offers insurance coverage for your funds and strict KYC verification procedures to safeguard against fraud and ensure compliance. However, it has no regulations.What Can I Trade on ZitaPlus? ZitaPlus offers over 100 trading instruments including forex, commodities, stocks, indices, and futures. Tradable Instruments Supported Forex✔ Commodities✔ Indices✔ Stocks✔ Futures✔ Cryptos❌ Bonds❌ Options❌ ETFs❌ Mutual Funds❌Account Type ZitaPlus provides four kinds of accounts including Standard Account, RAW Trading Account, Swap-Free Account, and Pro Account, with the minimum deposit of $250, $100, $5,000, $10,000 respectively. There amounts are rather high compared with other regulated brokers. Account TypeMinimum Deposit Standard Account$250 RAW Trading Account$100 Swap-Free Account$5,000 Pro Account$10,000Leverage ZitaPlus provides two types of leverage. For the Standard Account and the RAW Trading Account, the leverage can reach up to 1000x. Meanwhile, for the Swap - Free Account and the Pro Account, the leverage is up to 200x.ZitaPlus Fees The Standard Account has a spread starting from 1.2 pips and there is no commission. The RAW Trading Account features a spread starting from 0.0 pips, with a commission of $8 for forex trades and $12 for metals trades. The Swap - Free Account has a spread starting from 0.7 pips, also charging a commission of $8 for forex and $12 for metals. As for the Pro Account, it has a spread starting from 0.6 pips and no commission. Account TypeSpread Commission Standard AccountFrom 1.2 pips❌ RAW Trading AccountFrom 0.0 pipsForex: $8; Metals: $12 Swap - Free AccountFrom 0.7 pips Pro AccountFrom 0.6 pips❌Trading Platform ZitaPlus offers MT5 to trade. The platforms have advanced trading features, powerful analysis tools, and quick transactions, suitable for both beginners and experienced traders. Trading PlatformSupported Available Devices Suitable for Web✔Web/ MT4❌/Beginners MT5❌/Experienced tradersDeposit and Withdrawal ZitaPlus supports tether, ubank, bitcoin, ethereum, USD Coin, litecoin, DuitNow, and pompay to make a deposit and withdrawal. The minimum amount is $10 and there is no commission to deposit but it charges commissions for withdrawal. Withdrawal Options Payment MethodFixed FeeAdditional FeeProcessing Time ubank$102.5%Same Day tetherNetwork FeeWithin 1 working day bitcoin ethereum usdcoin litecoin duitnow1.5%Same Day pompay