ZitaPlus Review - Is This Broker Legit and Safe? - WikiFX

ZitaPlus | 2025-04-30 12:20

Abstract：ZitaPlus is an unregulated brokerage firm founded in 2023 and registered in The Virgin Islands. It offers 100+ trading instruments on the MT5 trading platform.

ZitaPlus Review Summary
Founded	2023
Registered Country/Region	The Virgin Islands
Regulation	Unregulated
Market Instruments	Forex, commodities, stocks, indices, and futures
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 1.2 pips (Standard account)
Trading Platform	MT5
Minimum Deposit	$100
Customer Support	24/5 support
	Contact form
	Phone: +971 42 871 454
	Email: support@zitaplus.com
	Facebook, Telegram, YouTube, WhatsApp, Twitter
	Address: The H Hotel Office Tower, One Sheikh Zayed Road, Trade Center First,18th floor, Office No:1803, Dubai, United Arab Emirates
Regional Restrictions	Democratic People's Republic of Korea, Iran, Iraq, Syria, Democratic Republic of Congo, Yemen, Venezuela, Myanmar, Turkey, Japan, Ukraine, Belarus, Cuba, Russian Federation, United States of America, Canada, New Zealand, Afghanistan, State of Palestine, Israel, Somalia and Sudan

ZitaPlus is an unregulated brokerage firm 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

Pros	Cons
MT5 supported	Unregulated status
Multiple ways to contact	Regional restrictions
Various payment methods	High minimum deposit requirement
Client protection provided

Is ZitaPlus Legit?

ZitaPlus offers insurance coverage for your funds and strict KYC verification procedures to safeguard against fraud and ensure compliance. However, it has no regulations.

What Can I Trade on ZitaPlus?

ZitaPlus offers over 100 trading instruments including forex, commodities, stocks, indices, and futures.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Futures	✔
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌
Mutual Funds	❌

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.

Account Type	Minimum Deposit
Standard Account	$250
RAW Trading Account	$100
Swap-Free Account	$5,000
Pro Account	$10,000

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.

Account Type	Spread	Commission
Standard Account	From 1.2 pips	❌
RAW Trading Account	From 0.0 pips	Forex: $8; Metals: $12
Swap - Free Account	From 0.7 pips	Forex: $8; Metals: $12
Pro Account	From 0.6 pips	❌

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.

Trading Platform	Supported	Available Devices	Suitable for
Web	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	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

Payment Method	Fixed Fee	Additional Fee	Processing Time
ubank	$10	2.5%	Same Day
tether		Network Fee	Within 1 working day
bitcoin
ethereum
usdcoin
litecoin
duitnow		1.5%	Same Day
pompay		1.5%	Same Day