ZitaPlus is an online broker founded in 2023 and registered in The Virgin Islands. It offers a diverse range of over 100 trading instruments through four kinds of accounts and MT5 trading platform.
Pros and Cons
Is ZitaPlus Legit?
Yes, ZitaPlus is regulated by the British Virgin Islands Financial Services Commission (FSC), holding a Retail Forex License (License No.: SIBA/L/23/1162).
What Can I Trade on ZitaPlus?
ZitaPlus offers over 100 trading instruments including forex, commodities, stocks, indices, and futures.
Account Type
ZitaPlus provides four kinds of accounts including Standard Account, RAW Trading Account, Swap-Free Account, and Pro Account, with the minimum deposit of $250, $100, $5,000, $10,000 respectively. There amounts are rather high compared with other regulated brokers.
Leverage
ZitaPlus provides two types of leverage. For the Standard Account and the RAW Trading Account, the leverage can reach up to 1000x. Meanwhile, for the Swap - Free Account and the Pro Account, the leverage is up to 200x.
ZitaPlus Fees
The Standard Account has a spread starting from 1.2 pips and there is no commission.
The RAW Trading Account features a spread starting from 0.0 pips, with a commission of $8 for forex trades and $12 for metals trades.
The Swap - Free Account has a spread starting from 0.7 pips, also charging a commission of $8 for forex and $12 for metals.
As for the Pro Account, it has a spread starting from 0.6 pips and no commission.
Trading Platform
ZitaPlus offers MT5 to trade. The platforms have advanced trading features, powerful analysis tools, and quick transactions, suitable for both beginners and experienced traders.
Deposit and Withdrawal
ZitaPlus supports tether, ubank, bitcoin, ethereum, USD Coin, litecoin, DuitNow, and pompay to make a deposit and withdrawal. The minimum amount is $10 and there is no commission to deposit but it charges commissions for withdrawal.
Withdrawal Options
The Virgin Islands
