Note: For some unknown reason, we cannot open Zeta Hedges official site (https://www.zetahedge.com) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Zeta Hedge is allegedly a forex broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 1:1 and pretty high spreads on the web-based trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its account types, minimum deposit, etc.
As for regulation, it has been verified that Zeta Hedge does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.11/10. Please be aware of the risk.
Market Instruments
Zeta Hedge advertises that it offers access to a wide range of trading instruments in financial markets, including forex currency pairs, shares, indices, cryptocurrencies, commodities, and indexes.
Leverage
The leverage offered by Zeta Hedge is only 1:1. 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.
Spreads
As tested on the web-based trading platform, the EUR/USD spread at Zeta Hedge is as high as 3 pips, while the industry average is only 1.5 pips.
Trading Platform Available
The platform available for trading at Zeta Hedge is web-based. Compared to industry standard Metatrader 4, it lacks automated trading, analytical tools and so on. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
The payment methods with Zeta Hedge are credit/debit cards and bank transfers. The broker also charges a withdrawal fee, 5% for withdrawals via credit/debit card, a $/€/£10 for SEPA bank transfers withdrawals and the rest of bank transfer will be charged a $/€/£25 fee.
Bonuses & Fees
Zeta Hedge claims to offer some bonuses. However, the bonus can only be withdrawn when a trading volume of at least 1 lot times for each $1. In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.
Also, the broker also charges an inactivity fee. An inactivity fee is charged if there is no trading activity or a minimum of 3 opened positions for the amount of $/€/£100 for a period of 30 days or more (as from the first month).
Customer Support
Zeta Hedges customer support can be reached by telephone: +1-987-654-1234, email: support@easytech.com. Company address: Sweetwood Drive Street, Boulder, Colorado 80302.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
