Zertom Review – Looks Like A Good Choice At First Glance, But It’s Not
Zertom trading brand belongs to IBD Solutions LLC. That’s a company incorporated in St. Vincent and Grenadines in 2022. Quite a disappointing discovery.
Even though they have quite a good-looking and promising website, there are many flaws. To discover them all with us, read this unbiased Zertom review carefully.
|Regulated By:||No Regulations|
|Is This Company Safe?||No|
|Have Warnings From:||N/A|
|Registered In:||St. Vincent and Grenadines|
|Trading Platforms:||Web trader|
|Maximum Leverage:||Higher than 1:30|
|Deposit Bonus:||Not available|
|Trading Assets:||Cryptos, Forex, Stocks, commodities|
|Free Demo Account:||Not Available|
|How To Withdraw From This Company?||Without a transparent withdrawal policy, you can expect various issues during the process. If that happens, don’t hesitate to reach out to our chargeback experts for advice.|
Legal Info: Is Zertom Legit Or A Scam?
In the first place, you need to know that FSA in SVG doesn’t issue FX and CFD licenses. All brokers registered there should obtain other licenses, preferably in the Tier 1 category. For example, ASIC, BaFin, or FCA.
With these licenses, you can enjoy maximum funds protection measures, such as negative balance protection, segregated bank accounts, and more. However, the Zertom scam broker is not regulated anywhere. Therefore, all their protection features fall down the drain.
Who Are Zertom’s Clients?
According to who.is, the company has been active since 2022. They haven’t managed to build a stable reputation so far. But after many negative reviews online, most likely they won’t. The pattern shows that they are mainly scamming traders from:
But we are interested in protecting you here. What’s your residence country and experience with this broker, let us know. Or book a consultation directly through the live chat.
The traders’ opinions about Zertom company are split. Trustpilot has 20 comments, with only 5% of negative reviews. But think about it. When did you last leave a positive review on something because you wanted it? Probably never. The warning signs also come after reading Reddit comments about the broker.
Ultimately, the choice is yours. But if you already lost money with this company, contact us for refund assistance.
Leverage, Commissions, Spreads, Fees and Taxes
The company is politically hiding its offers. For any higher account type, they can offer you a leverage higher than 1:30. But it depends on your ability to invest. Standard spreads, commissions, and fees remain unknown with this scam trading firm
Currently, the company doesn’t have any bonus offers. Generally, that’s something you can expect from an offshore broker. Just be aware of additional policies that can come up, because these can easily prevent you from withdrawing your funds. To learn more about bonus tricks, read our Roldex Pro review.
Zertom Trading Features
The company claims to offer cutting-edge technology. For MetaTrader 4, we could think something like that.
Yet, the broker doesn’t have available download options. Instead, they offer you a web-based platform. Quite a simplified one, if you like, with minimum analytical tools. However, that’s enough for them to manipulate everything they need. From market data, profits and losses.
Available Trading Assets
Tradeable assets on the zertom.com platform are not quite clear. In the presentation, they offer one thing, and there is more on the platform. Anyway, the options are:
- Forex – USD/AUD, HKD/SGD
- Commodities – gold, silver
- Indices – ASX200, DowJones
- Shares – IBM, McDonald’s
- Cryptos – BTC, DOGE
Another irregularity with this broker is their account types. There are three choices without some significant differences. Not even the minimum deposit requirement is known. Anyway, three options are:
- Standard – Floating spreads / 1:30 leverage / no commissions
- Premium – Floating spreads / custom leverage / no commissions
- VIP – 1.4 pips spread / custom leverage / no commissions
Mobile Trading App
Mobile users will have to use the platform on their browsers since this broker is misleading about MetaTrader availability. After all, if they have it, it wouldn’t be trusted. To learn more reasons why, read our ChaseTrades review.
To be honest, insight into the platform is free. But to trade with virtual funds is not an option. Whether because of hidden fees or commissions, it’s not safe.
It is important to note that Zertom broker doesn’t have a transparent withdrawal policy. Therefore, methods, fees and processing time remain unknown. Generally speaking, you should always use card transfers. In case anything happens, you can file a chargeback in the first 540 days.
Ultimately, you need to remember some basic tips about withdrawals. Additional fees, taxes, and AML verification issues are just excuses for a broker to prolong withdrawals.
What’s funny is that the company has no reliable contact options. There is only live chat available. Yet, working hours and some more convenient contacts are not part of their deal. Hopefully, you don’t have any more doubts about this scam broker.
Key Information To Consider About Zertom?
Starting with regulations, anonymity, and low transparency, that’s already enough to avoid them. But also, there are hiding trading conditions, withdrawal policies and even funding methods. After all, it all looks designed for a perfect fraud. Unless you know those tricks.
But if you already had those experiences, not everything is lost still. Our chargeback experts can give you detailed advice on your next steps in the fund recovery procedure. Most importantly, you are not obligated to follow it. Neither are you paying for the first meeting. So, get in touch now.
What Is Zertom?
Zertom is an offshore brokerage active since 2022 mainly in Europe with their FX and CFD trading services.
Is Zertom Trustworthy?
Not at all. The company is not regulated anywhere. On top of that, they are not transparent about many key trading information.
Can I Cancel An Instant Order Request From Zertom?
It might not always be possible to cancel it. But if you find some irregularities or withdrawal problems, contact our specialists for help.