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/10

ZTE Broker

Kazakhstan Kazakhstan | 2-5 years |
ECN Account Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.ztetrading.com/

Website

Rating Index

Contact

+44 131-618-7998
https://www.ztetrading.com/
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

license Forex License

No forex trading license found. Please be aware of the risks.

Company Profile 4
2-5 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Kazakhstan
Operating Period
2-5 years
Company Name
ZTE Trading LLC
Abbreviation
ZTE Broker
Employees
--
Email
info@ztetrading.com
Contact Number
+441316187998
Address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • ztetrading.com
    172.67.216.59
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

ZTE Broker Review Summary
Founded2022
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market InstrumentsForex, commodities, stocks, indices, cryptocurrencies
Demo Account
LeverageUp to 1:1000
SpreadLess than 1 pip (major currency pairs)
Trading PlatformMetaTrader 5
Minimum Deposit$20
Customer SupportPhone: +441316187998
Email: info@ztetrading.com
Social Media: Instagram, WhatsApp, Telegram
Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Address: 458/1 Saken Seifullin AVE, STE 332, ALMATY, Kazakhstan
Regional RestrictionTurkey, USA, UAE

ZTE Broker Information

ZTE Trading Ltd is a brokerage firm based in Saint Lucia that lets customers trade contracts for difference (CFDs) on a wide range of assets online. ZTE has MetaTrader 5 and a web-based interface. It also has four types of live accounts (ECN, VIP, Islamic, and Islamic VIP) and a free demo account. The broker markets its services all around the world, but it doesn't have any monitoring from a recognized financial body.

ZTE Broker Information

Pros and Cons

ProsCons
Wide range of trading productsNo regulation
Four account types offeredRegional restriction
Demo account availableLack of transparency
MT5 supported
Various contact channels

Is ZTE Broker Legit?

ZTE Trading Ltd is registered in Saint Lucia (Company No. 2023-00227), but it doesn't show any proof that it is regulated by the Saint Lucia Financial Services Authority or any other official organization.

license

The domain ztetrading.com was first registered on May 23, 2022, and then updated on March 12, 2023. It is good until May 2027.

domain

What Can I Trade on ZTE Broker?

ZTE Broker lets you trade CFDs on a number of different asset classes. Clients can trade currency pairs (both major and minor), precious metals (gold and silver), worldwide equities, currency indexes, popular cryptocurrencies, and general CFDs.

Tradable InstrumentsSupported
Forex
Commodities
Cryptocurrencies
Indexes
Stocks
Bonds
Options
ETFs
assets

Account Types

ZTE Broker has four real accounts: ECN, VIP, Islamic, and Islamic VIP. They also have a demo account. All accounts let you use leverage from 1:1 to 1:1000, hedge your bets, and scalp. They also provide you access to MetaTrader 5. You simply need $20 to open an ECN account, but you need $3,000 to get a VIP account. Traders who follow Islamic finance rules can use Islamic accounts without paying interest.

Account TypeMinimum DepositLeverageSpreadSwap-Free
ECN$20Up to 1:1000Floating
VIP$3,000Up to 1:1000From 0.06%
Islamic$100Up to 1:1000From 1 pip
Islamic VIP$10,000Up to 1:1000From 0.0 pip
Account Types

Leverage

All real account types at ZTE Broker can get leverage of up to 1:1000. Traders can handle big bets with a tiny deposit when they use such high leverage. This can increase earnings but also losses.

ZTE Broker Fees

ZTE's trading fees for forex and commodities seem affordable with the norm in the sector, although they aren't very clear. The broker says that the spreads for major and minor currency pairs are less than one pip, and the charge is a flat US$5 per lot for all instruments.

InstrumentSpread (Approx.)CommissionMax Volume
Major currency pairs<1 pip$5/lot30 lots
Minor currency pairs<1 pip$5/lot30 lots
Gold & Silver13–23 cents$5/lot30 lots
Global stocks55–170 pipettes$5/lot30 lots
Currency indices1 pipette$5/lot30 lots
Prominent cryptosFloating$5/lot30 lots
CFT/Other CFDsFloating$5/lot30 lots

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5Windows, Mac, iOS/Android, WebExperienced traders
MetaTrader 4/Beginners
Trading Platform

Deposit and Withdrawal

The broker offers a “Easy deposit and withdrawal” service with a number of options, including local currency transfers (Rial), cash USD deposits in some areas, Tether deposits with no fees, online portal transfers, international bank transfers, and other digital currencies.

Payment OptionsMinimum AmountFeesProcessing Time
Local currency transfers (Rial)///
Cash USD (selected cities)///
Tether (USDT)/24 hours
Online portal///
International bank transfer///
Digital currency deposits///
Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Can ZTE Broker be trusted by traders?

ZTE Broker, operating as ZTE Trading LLC, is an unregulated entity with no licensing from major international financial authorities. This fundamental lack of oversight results in a high-risk profile and a low WikiFX trust score of 1.42, indicating significant risk for traders.

04-02
United States

Is ZTE Broker regulated?

No, ZTE Broker is not regulated. It operates without formal authorization from recognized authorities such as the FCA, ASIC, or CySEC, meaning it lacks credible financial oversight.

04-02
United States

What is the full company name of ZTE Broker?

The full company name is ZTE Trading LLC. It is registered in Kazakhstan and has been operating for between 2 to 5 years.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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