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Kazakhstan
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
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Regulatory Index0.00
Business Index6.04
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
ZTE Trading LLC
Company Abbreviation
ZTE Broker
Platform registered country and region
Kazakhstan
Company website
Company summary
Pyramid scheme complaint
Expose
ZTE Broker Review Summary | |
Founded | 2022 |
Registered Country/Region | Saint Lucia |
Regulation | No regulation |
Market Instruments | Forex, commodities, stocks, indices, cryptocurrencies |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | Less than 1 pip (major currency pairs) |
Trading Platform | MetaTrader 5 |
Minimum Deposit | $20 |
Customer Support | Phone: +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 Restriction | Turkey, USA, UAE |
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.
Pros | Cons |
Wide range of trading products | No regulation |
Four account types offered | Regional restriction |
Demo account available | Lack of transparency |
MT5 supported | |
Various contact channels |
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.
The domain ztetrading.com was first registered on May 23, 2022, and then updated on March 12, 2023. It is good until May 2027.
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 Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Cryptocurrencies | ✔ |
Indexes | ✔ |
Stocks | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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 Type | Minimum Deposit | Leverage | Spread | Swap-Free |
ECN | $20 | Up to 1:1000 | Floating | ❌ |
VIP | $3,000 | Up to 1:1000 | From 0.06% | ❌ |
Islamic | $100 | Up to 1:1000 | From 1 pip | ✔ |
Islamic VIP | $10,000 | Up to 1:1000 | From 0.0 pip | ✔ |
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'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.
Instrument | Spread (Approx.) | Commission | Max Volume |
Major currency pairs | <1 pip | $5/lot | 30 lots |
Minor currency pairs | <1 pip | $5/lot | 30 lots |
Gold & Silver | 13–23 cents | $5/lot | 30 lots |
Global stocks | 55–170 pipettes | $5/lot | 30 lots |
Currency indices | 1 pipette | $5/lot | 30 lots |
Prominent cryptos | Floating | $5/lot | 30 lots |
CFT/Other CFDs | Floating | $5/lot | 30 lots |
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader 5 | ✔ | Windows, Mac, iOS/Android, Web | Experienced traders |
MetaTrader 4 | ❌ | / | Beginners |
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 Options | Minimum Amount | Fees | Processing Time |
Local currency transfers (Rial) | / | / | / |
Cash USD (selected cities) | / | / | / |
Tether (USDT) | / | ❌ | 24 hours |
Online portal | / | / | / |
International bank transfer | / | / | / |
Digital currency deposits | / | / | / |
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