ZoomTrader Complaints and Reviews

Zoomtrader.com SnapShot

Last Updated On: August 26, 2017

Contact Information

Business Name: Zoompartners Ltd.
Corporate Address:
Diagorou 4, Kermia Building 6th floor, Office 601 1097
Nicosia Cyprus

Customer Service

Phone Number: 203-642-4727
Corp Email: support@zoomtrader.com
Company Contact: Jack Moore - Owner
Corp Website:

Ratings

Average Rating: 1.13 out of 5
Based On: 9 Reviews
Number Of Comments: 39

Damage Reports

Reported Losses: $693,725.00
Average Reported Losses: $77,080.56

Most Recent Complaint

Is ZoomTrader a Scam, Rip Off, or Fraud? WARN OTHER CONSUMERS By Sharing

ZoomTrader - Scammers at Play

ZoomTrader fault and misrepresentation, they Misrepresented their returns incorrectly, improperly, and falsely, when soliciting funds for investments deposits. The Company is Zoomtrader.com; Hithcliff Ltd. 159 Kenmore Avenue Harrow HA3 8PB United Kingdom phone: 44.20.70486086.

To began I were email and call on the cell phone several time and promise great gain to start an account with Zoomtrader.com, I was solicited for thousands of dollars under false pretense of great gain. Deposits of 7,500.00. and 15.00 fee on every 500, withdrawal from my bank account. Even when I complaint to there department for support, I received no resolution of the matter. But more lies and cover up for monies that was never apply to my zoomtrader account, that was place on their in house investment plan.

This I never receive an accountability for. Every time I talk with Martin Christmas Zoomtrader Senior trading specialist, it was another plan or deal that needed and other 1000.00 to 2000.00) deposited, several time up to 2500.00 dollars used on these in-house investment, that I know nothing about and he is unable to explain, but at the time he promise I could not lose on. These monies may have just been pocketed. but I know that funds were never deposited to my account with zoomtrader.com.

They also had trades that was 82 percent guarantee, but false to backup when up to 95 percent of the trades false. With promises to made enough money to buy a house and more as he claim that this, is surely the one. Up to 7500.00 and fees. After which he were unable to be contact for two week.

After I started only doing my own trading, They close my account, only saying that U.S.A clients were no longer allow to trade any longer and I could not cash out the remaining balance. You may put monies in your Zoomtrader account, but you will never, get any out.

Official Responses from ZoomTrader

By: James Thomson On: April 15, 2013

My name is James Thomson and I am the communications manager for ZoomTrader, I would like to be given the opportunity to respond to this accusation. We offer all first time depositors a 50% bonus on what they deposit, as is clearly stated on our website. Obviously there are terms and conditions attached to this; if there weren’t then many people would obviously take our 50% bonus and disappear with the money. Most of our users happily accept our bonus; who would turn away free money? The condition for accepting our bonus is that the user must trade with a volume of 40 times the value of the bonus before they can withdraw. This again, is clearly stated in our terms and conditions. It is entirely possible for anyone to reject the bonus at any time before they begin trading. If the bonus is removed before they begin trading, the user may withdraw at any time.

I feel it is entirely unfair and slightly ridiculous for someone to accept $500 free money, to blatantly ignore our terms and conditions, and then label us a scam artist when they lose their money. It is no secret that binary options trading is a risky business. The rewards however can also be great. We are not a scam company; we are in fact one of the largest and most successful binary options platforms available online right now. We cannot and we will not be held responsible or made to look bad because of the irresponsible actions of an angry user who lost his money.

Many thanks

James Thomson – ZoomTrader Communications Manager.

By: Eva Liba On: November 8, 2012

Dear Sirs,

I found two false reports about our company. These complains are made by one person who uses different fake accounts. He is trying to ruin our reputation and therefore I would like to ask you if there is any way that our company can respond to that not only by responding to his comments but to remove his posts as it creates negative image of our company. We already contacted the person, however, we were not succesful in this matter.

The information he provides in his posts are completely false and he cannot give you any prove of information he claims. The names which he is using are not in our database and we have never had anyone who would deposit this amount of money and won this this amount of money. Therefore I would like to ask you if you can please investigate these reports further and contact me directly.

Eva Liba
Social Media and PR manager
(203)642-4727
eva@zoomtrader.com

Diagorou 4
Kermia Building 6th floor, Office 601
Nicosia, Cyprus 1097
Cyprus


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39 Comments on "ZoomTrader"

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I have made great fortune within a time frame of two years trading binary option, I wouldn’t have been where I am today if not for Mrs vera james , who helped me with an amazing trading strategy that has changed my life today, this is the reason why I am here to share my testimony, so others can benefit. You can write her via her email (verajames147@gmail. com) assistance or her whatsapp number +1 518 622 1571

Beware: there is zoomtraderglobal.com and zoomtrader.com. Zoomtraderglobal is fully licensed and is where you begin. Soon after starting there, their consultants convince you that it is better to go to zoomtrader.com.
Zoomtrader.com has no license and there website is completely identical with zoomtraderglobal.com. There are the losses: they manipulate rates and almost never pay back.
It is total mislading and steps will be undertaken against Novox Capital (owner of zoomtraderglobal.com). I will get in touch with CYSEC and ECB. To be continued…. BEWARE !!!!

They are one big scam, beware ! In the beginning they let you winmuch money by manipulating the rates. Then they ask you to deposit more and more. Due to their bonus arrangement you will never get it back and when you don’t deposit more money your account manager will drop you down.
BEWARE OF ZOOMTRADER !!!! DO NOT TRADE A PENNY WITH THEM !!!!!

Man’s first thinking is that what is better.All want to be rich very fast. Actually it is their dream.As a professional trader,I want to say that Pro Binary Robot is better.When I was applying Zoom Trader is gave me wrong result .And that very time I heard about Pro Binary Robot from my nearest friends and I saw its video service then.And at the same time I decided to invest in it.As a result I am earning 2200+ money now in a day. So,I am profitable in it now.I advise you that Pro Binary Robot has a great customer support.So… Read more »
Zoomtrader is a scam DONOT deposit any money even without a bonus!!! I deposit $400, in Aug. 2014, & I didn’t accept any bonus on my account & no bonus was added, i made $3000 in 2 weeks for a total balance of $3400 in my account. My representative Mick West told me that withdrawals cannot be made for 15 business days after deposit & when also when the documents have been processed. I held off 3 weeks until the end of the month in Sept.1st 2014, I made a withdrawal bank wire request of my entire balance of $3400,… Read more »
Jas & Neera 13hi13@gmail.com 4:34 AM (6 hours ago) to Caroline, Support, john I need my all deposits refund, I have stop reply my email and phone call. Zoom Trader have scam me. I will take action. My Lawyer will call you next time. or please try to fix the problem in house. and refund my money on both account 13hi13@gmail.com and jas@realindicators.com Please watch https://www.dropbox.com/s/abm0bbmwxfq0qhm/Zoom%20… https://www.dropbox.com/s/se3p6v7imout1t3/ZoomTra… Caroline have been call me and reply my all email, when she need deposits. When I need help for Scam, she never call me ans reply my email. I had left the many… Read more »

Just lost $200 at Zoomtrader. A pop-up would come up and say we took this position off because of high risk, WTF? The good obvious positions I wanted to trade on all had these pop-ups come up. Don’t invest there!

thank you very much for your reviews.Really saved me..

Why doesn’t someone start a class action suit against this Zoom company and Jack?

Didn’t notice any scam from their side. Yes, bonus system is tricky, but if you actually read terms and conditions you’ll quickly notice this line. I asked my account manager to remove the bonus, they did it and I successfully withdrew my money.

Hello Taric, I’m kind of relieved a little bit abut this, so what you are saying is this Zoom Trader is ok to trade with. thanks

I also have been scamed by zoomtrader for 200 dollars on the 08/06/2013 I would not go no where near this company and some one will go jail fro this fraud. p.s it’s not a company or a business it’s just a loser theif and his loser friends and family somthing to be proud of. good work zoomtrader and the word scam mean the same thing.

I have been reviewing binary brokers over at investhing.net and what everyone says here is pretty disturbing, has anyone had a positive experience with zoomtrader?

the company is now on another address. I started with 100€, once I had 300€ i transferred the first 100€ back to my account, no problems here. Now i’m 3 months furter and I transferred up to 17000€ to my bank, still no problems.

thank you .. i was just about to register

Thanks for your review. I was just one step away to give them money. You complain survived me. Thank you very much indeed. I hope the best for you

holy s**t – i had my credit card in hand ready to enter the digits when something clicked in my head and said google the reviews on this site and here i am. thank you all for your postings. please know that you are saving others from making this regrettable mistake. you have my eternal gratitude.

As Dale said i also had credit card in hand and something told me to google it……Thank you god for google.

Couple of my trades went missing after i’ve won it. last time, never again. still got some dough in account but those wankers can keep it if they want (maybe go buy a 23 cent bodygaurd for all the people who want them dead). 50k sounds nice, wish I knew where they were.

This happened to me. All of my trades that I should have won would freeze to the last second. Once it expires, the numbers show that I should have won them. The software is geared that no one gets their money. When I tried to withdraw, I felt like I was entering the Customs through the airport. Yes, they are scammers and people need to stay away from zoom trader.com. There are good reputable companies out there, which are based in the U.S. and regulated. Many of these outfits are not regulated. Google and do your homework first on a… Read more »

Did you people really expect making money to be this easy? Your’e too stupid to have money. I’ts just the natural order of things. Anyone with any intelligence can see that it’s too good to be true. Come on people try not to be retarded.

What do Zoom Trader gain by the extra time after the expire time? It seems like a stupid scam -nobody gains & everyone loses. The principle they use is standard stock market gambling. I would see this as a situation where the host company’s computer system is useless similar to the IT problems suffered by some of the Natwest group in 2012. Always remember the phrase "To err is Human, to f**k up totally you need a computer". The person who doesn’t want to talk about it, should talk discuss it & try to get your money back, if Zoom… Read more »

wow, glad I checked here

if you look at it from a business perspective, the website offers free trading with no commissions, no spread, and no fees. Commissions, spreads and/or fees are the only way a legitimate online brokerage can make money. Otherwise they are offering a trading platform and software completely free. No one would do that. I believe it is a scam for these reasons alone (not to mention the scathing reviews from this site). I’m just glad that the people who have posted here confirmed my suspicions. I’m sorry you guys lost your money and hopefully their will be legal action against… Read more »

I agree Totally with you guys….Zoom traders are a total scam and I lost $100 myself. The just make sure you lose far more than you can win. When i discovered this I tried to withdraw the rest of my money but they refused claiming I had ‘accepted’ a bonus (which I never even knew about talk less of accepting). The suggested I should carry on trading so I can lose the remaining money and that’s exactly what happened…..My advice to anyone interested is STAY AWAY FROM ZOOM TRADERS

Have you ever wondered what happens to your money when you lose it? I think they gain your loss money and that’s how they stay in business since apparently, everything is "free".

I have noticed that zoomtrader is scam too. Just in the last second the price goes up or down and you lose money. Its their software system that makes those moves. In forex trading these scam systems modify the spread that goes up to insane figures.

This guys are going to get killed one day for scamming people. Someone is going to identify them and say goodbye.

JACK MOORE AND ZOOM TRADER IS A HUGE SCAM – DONT EVER TRUST THEM OR USE THEIR SITE – FULL OF CRAP AND PROMISES THEY CANNOT KEEP!

I will pay 50k dollars to whoever finds this pathetic scammer and kills him

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