General Information
Zosit is a Panama-based broker offering trading services for both retail and institutional clients, offering a series of trading products and services, such as forex, indices, commodities, Bitcoin and more. With the Zosit platform, three investment plans are available, with at least $20 to start trading.
Is Zosit safe to trade with？
Zosit has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, its regulatory status on the WikiFX has been marked as “No License” and it receives an overall quality rating of 1.05 out of 10.
Market Instruments
With the Zosit platform, products and services offered include: Foreign Exchange, Cryptocurrencies, Indices, Bitcoin Mining, Commodities.
Investment Plans
Three investment plans are available on the Zosit platform, Basic, Premium and Executive plans.
To be involved in the basic plan, only $20 is needed, and this plan is suitable for traders with low trade frequency, with 5% automated weekly payout.
The Premium plan is suitable for traders with medium trade frequency, 8% automated weekly payout, and traders who want to take part in this plan need to fund at least $3,000.
The Executive plan requires $5,000, idea for high trade frequency traders, with 10% automated weekly payout.
Trading Platform
Please note that Zosit fails to offer the leading MT4 or MT5 trading platform, which is big pity.
Payment Methods
Zosit seems to offer a series of payment options for clients to make a deposit and withdrawal, which include Bitcoin, Bitcash, MoneyGram, Neteller, Skrill, Bank Transfer, MasterCard, and more.
The minimum deposit to invest with this brokerage house is $20, and the maximum withdrawal amount is not shared.
Customer Support
Traders can reach out to Zosit about any questions or concerns they may have about their accounts or their trading through the following methods:
Telephone: +44 1446318011
Email: admin@zosit.com
Online Chat
Company Address: Panamá, Calle 53 Marbella, Panama City, Panama
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
