ZETANO Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 10:35

Abstract：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).

ZetanoReview Summary
Founded	2018
Registered Country/Region	Cyprus
Regulation	CySEC
Market Instruments	Futures, physical shares and CFD shares, forex, indexes, commodities
Demo Account	✅(30-day)
Leverage	Up to 1:100
Spread	3 pips
Trading Platform	Mobile App
Min Deposit	$100
Customer Support	Tel: +357 25 123 501
	Email: support@zetano.com
	Company address: Wonderinterest Trading Ltd 176 Makariou III Avenue, Paschalis Court, Office 201, 3027, Limassol, Cyprus

　　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.