Zetradex

Zetradex is a retail forex and CFD broker incorporated in the United Kingdom in 2023 (founded September 14, 2023) and operating under the domain zetradex.com. The broker targets traders with high-leverage offerings, including a maximum leverage of 1:3000 on its ze PRO account, and low minimum deposit requirements starting at $1. Despite its UK incorporation, the broker's official terms and conditions state that it is operated by Zetradex Holding Ltd., a Comoros-registered entity, and claims regulation by the Mwali International Service Authority, which is not a recognized tier-1 regulator.

Zetradex provides four account types: Demo, ze Mini (min deposit $1, leverage up to 1:1000), ze PRO (min deposit $500, leverage up to 1:3000), and Zero Spread (min deposit $100, leverage up to 1:1000). The accounts are designed to accommodate varying trader experience levels and capital sizes, with the ze PRO account offering the highest leverage for professional traders. The broker does not specify spreads or commissions per account type on its main site, but the Zero Spread account suggests tight spreads.

Zetradex is not regulated by any major financial authority such as the FCA, CySEC, or ASIC. Our records indicate that the broker has no regulators on file. However, the broker's own website claims regulation by the Mwali International Service Authority in the Comoros Union. This contradictory information raises concerns, as a UK-registered company claiming offshore regulation may operate in a regulatory gray area. Traders should exercise caution, as unregulated brokers often lack investor protection mechanisms such as compensation schemes.

Zetradex offers its proprietary Webtrader platform and claims to have two own trading platforms. The broker lists over 600 financial instruments, including forex, crypto CFDs, and other CFD products. The platform appears to be web-based, suggesting no need for downloads, but details on mobile compatibility or third-party platforms like MetaTrader are not provided on the site.

The broker promotes instant deposits and quick withdrawals, supporting multiple payment methods including bank wire transfers (with regional options for Africa, Asia, and Latin America), Visa, Mastercard, UPI, and Payeer. Zetradex emphasizes segregated client funds and no hidden fees, though specific withdrawal processing times are not disclosed beyond the general claim of speed.

Zetradex maintains a presence on Facebook, Instagram, LinkedIn, and YouTube, offering community channels for signals and education. Customer support is available via phone during limited hours (4 AM to 2 PM and 6 PM to 8 PM UTC+3) and a contact form. The broker also provides partnership programs and contests such as the Golden Lucky Draw.