Zetano 2025 Review: Everything You Need to Know
Zetano has emerged as a regulated broker in the forex market, offering a range of trading options and tools. With a focus on contract for difference (CFD) trading, Zetano provides access to various asset classes, but user experiences and expert opinions present a mixed picture regarding its overall reliability and service quality.
Note: It's important to recognize that Zetano operates under different regional entities, which may affect the services provided to users in various jurisdictions. This review aims to present a fair and accurate analysis based on available information.
Ratings Overview
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user reviews, expert opinions, and factual data regarding broker services.
Broker Overview
Founded in 2016, Zetano is a brand of Wonderinterest Trading Ltd., based in Limassol, Cyprus. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is known for its stringent regulatory standards. Zetano offers its proprietary trading platform, XOH Trader, which is designed for both desktop and mobile devices. The broker primarily focuses on CFD trading across various asset classes, including forex, commodities, indices, and stocks.
Regulated Geographic Areas: Zetano is regulated within the European Economic Area (EEA) due to its CySEC license, ensuring a level of protection for traders in these regions.
Deposit/Withdrawal Currencies: The broker supports deposits and withdrawals primarily in USD. However, it does not support cryptocurrency transactions.
Minimum Deposit: The minimum deposit required to open an account with Zetano is $250, which is relatively accessible compared to many other brokers.
Bonuses/Promotions: Currently, Zetano does not offer any bonuses or promotions, which is a point of consideration for potential traders looking for incentives.
Tradable Asset Classes: Traders can access a variety of CFDs, including forex pairs (e.g., AUD/CAD, GBP/USD), commodities (e.g., gold, sugar), indices (e.g., NASDAQ, FTSE 100), and stocks (e.g., Amazon, Alphabet).
Costs (Spreads, Fees, Commissions): The spread for major currency pairs like EUR/USD starts at around 3 pips, which some users find unfavorable. Notably, Zetano does not charge fees for deposits or withdrawals, but users should be aware of potential third-party charges.
Leverage: The maximum leverage offered by Zetano is up to 1:100 for eligible traders, while the standard leverage is capped at 1:30 in accordance with CySEC regulations.
Allowed Trading Platforms: Zetano exclusively uses its XOH Trader platform, which is web-based and available for mobile devices. However, it does not support popular platforms like MT4 or MT5.
Restricted Regions: Zetano does not accept clients from the United States and has limitations on services offered to clients in the UK due to regulatory reasons.
Available Customer Service Languages: Zetano provides customer support in multiple languages, including English and Slovak, which enhances accessibility for a diverse clientele.
Ratings Overview (Revisited)
Detailed Breakdown of Ratings
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Account Conditions (6/10): Zetano offers four types of accounts, allowing for a range of trading styles. However, the inactivity fee of €100 after one month of inactivity is a notable downside.
Tools and Resources (5/10): While the broker provides a demo account for 30 days, many users have found it challenging to navigate the educational resources available on the platform. The absence of popular trading platforms like MT4 or MT5 may deter some traders.
Customer Service and Support (7/10): Customer support is generally responsive, with users reporting timely help via email and phone. However, the absence of live chat support is a limitation.
Trading Experience (6/10): The proprietary XOH Trader platform is user-friendly but lacks some advanced features that experienced traders might expect from industry-standard platforms.
Trustworthiness (7/10): Being regulated by CySEC adds a layer of trust; however, the mixed reviews from users highlight some concerns regarding transparency and the clarity of fees.
User Experience (6/10): While the website is easy to navigate, some users have noted issues with finding specific information, particularly regarding the demo account.
Additional Features (5/10): The lack of bonuses and promotions may make Zetano less appealing compared to other brokers that offer such incentives.
Conclusion
In summary, the Zetano review highlights a broker that is regulated and offers a range of trading options, yet it faces challenges in areas such as user experience and the competitiveness of its trading conditions. While it is a viable option for traders in the EEA, potential users should weigh the pros and cons carefully, especially regarding costs and the limitations of its trading platform.
