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We charge low spreads and 0 commission. We charge floating spreads, with the actual spread depending on the type of product you are trading. Spreads are displayed in real time on the trading platform.
Clicking “Trade” will display all products that the platform offers for trading. You can search for a product by entering the product symbol or name in the search box on the top right side. Select a product and click “Sell/Buy”, and a trading window will pop up. You can see the current price and the estimated required margin. You can manually adjust the trading size, set your limits and stop level for risk control, and then click “Sell/Buy” to open a position. Please note that all financial product prices are subject to market fluctuations and updates at any time, and the market may have changed before you press the “Sell/Buy” button.
Select a product you would like to trade in “Trade” tab, click the direction of trade “Sell/Buy”, and select “Buy Limit/Stop or Sell Limit/Stop” on the ordering panel. After setting your designated price, click “Confirm” below to complete the pending order.
To edit or delete a pending order, select “Position” – “Orders”, select the pending order you wish to edit or delete, and click “Edit” on the right to edit or click “Cancel” to cancel the pending order.
To close a position, on the platform select “Position” – “Open Trades”, then click on the position you wish to close, and click “Closeout” button to close the position.
Always check whether your internet connection is working. You cannot place an order when the market temporarily closes for a certain product or when the market closes. Please contact our online customer service for further assistance.
Only when the market price reaches your preset price and when your account has sufficient fund will your pending order be successfully opened.
Common reasons for the pending order not being able to be executed include the following:
1. Insufficient free margin to execute the order; order will be cancelled.
2. Pre-determined price has yet to be triggered.
Please note: For pending Sell orders, they will be executed when the Bid price has reached/beyond your preset price. For pending Buy orders, they will be executed when the Ask price has reached your preset price.
When the market is highly volatile, market quotes may skip your preset price.
Always check whether Internet connection is working. You can only close a position during the trading hours of a financial product. Financial products may not be traded temporarily under special circumstances, such as illiquidity and excessive market volatility. You can also contact our online customer service for further assistance.
Your position may be closed, if:
1. You close your position manually;
2. Your stop or limit level is triggered; or
3. Your account equity falls below the maintenance margin.
If you want to know why any of your position is closed, you can view the “History” for more information.
If the market conditions are too volatile, your loss may exceed your account balance in a short period of time, resulting in a negative balance after a forced liquidation. However, as the Zooe platform provides negative balance protection, the negative balance will be cleared to 0 in time.
If your margin level is between 50% and 100%,, we will alert you via your chosen notification method (e.g. email/platform push notification), and send you a margin call urging you to deposit funds as soon as possible or close your position.
When the your margin level falls below 50%, the positions in your account will be closed by the system at market price in the order of the largest loss first in the account until the account equity returns above the maintenance margin.
Manage payments into and out of your Zooe account.
Zooe does not charge any commissions for deposit and withdrawals, however depending on the payment method, your bank or payment provider may charge you a service fee. We suggest you check with your bank for more details.
If you choose an online payment to deposit, please note that we currently only accept USD deposits. If your online payment currency is different from the base currency of Zooe trading account, you may be charged for currency conversion fees. We will not be responsible for any taxes and expenses incurred in this process.
You can make a deposit via the below steps.
1. Under the hub, click on “Deposit”.
2. Select the payment method you prefer.
3. Enter the amount you wish to deposit and click on deposit. now.
4.Then transfer the funds from your wallet to your trading account.
You can deposit any currency to our USD account to be converted per the official exchange rate at the moment of transaction. Note that you cannot change the account currency, but, if needed, you can always open a new account in USD. We don’t charge any commission for deposits or withdrawals and keep our conversion rates among the best in the industry.
Zooe offers a range of deposit methods, typically deposit is instant, though there are some exceptions as listed below:
Method
|
Execution Time
|
Fees
|
Minimum Amount
|
Available Currencies
|
Local Bank Transfer/ORIS
|
Instant
|
$0
|
$100
|
Multiple Currencies
|
Wire Transfer
|
3-7 working days
|
$0
|
$1,000
|
Multiple Currencies
|
USDT(TRC20)
|
Instant
|
$0
|
$100
|
USTD
|
* Please note that the time between transferring and receiving funds in your account may vary and delay due different bank processes. Zooe is not liable for any delays.
Deposit may occasionally be delayed due to processing issues, system errors, or additional verification requirements, holidays and weekends. If funds have been deducted from your bank account but are not reflected in your account within the expected timeframe, please contact our support team with proof of payment. The receipt should include the following information:
• Amount deducted
• Your name and registration email
• Transaction details
Providing these details will help us investigate and resolve the issue more efficiently.
The minumum deposit is 100 USD.
* Please note that the minimum amounts may vary based on your country and selected payment.
As a regulated financial institution, we are required to comply with anti-money laundering regulations. To meet our obligations, we may request proof of ownership for your payment card or bank account to ensure that all transactions are securely associated with an account in your name.
Minumum withdrawal is 15 USD. Please note that it may vary based on your country and selected payment method.
We normally process all withdrawal requests within 24 hours. It may take up to 1 business days for the funds to reach your card/bank account. Time may vary due to your bank operating procedures. Zooe is not liable for any delays.
After logging in to the platform, you can view your deposit and withdrawal history by navigating to “Details”.
If your withdrawal request status says ‘pending’, it means it’s in the queue for processing. We will notify you as soon as our Financial Department approves it.
There are two possibilities: some of the data you entered may have contained an error, or there may not have been enough free margin to process your withdrawal. You can check the exact reason for the rejection in the recent notification we sent, fix the issue, and retry the withdrawal.
You can place a withdrawal request by following the below steps.
1. Under the Hub, click on “Withdraw”.
2. Enter the withdrawal amount and select the method which you’d like to transfer funds to, then click “Next”.
3. Check the account and final amount that you would be receiving. Then click on “Confirm”.
Yes, you can cancel a withdrawal request when withdrawal request status is still “Pending”. The requested withdrawal amount will be immediately returned to your wallet.
Per international regulations, we use segregated accounts to separate clients’ funds from the company’s balance sheets. This keeps your funds secure and untouched.