Zimtra is currently unavailable to US residents.

We have an agreement with SageTrader, a FINRA Broker Dealer accepting US clients.

Reconciliation Period

‍The process works as follows: once a month concludes, our team begins reconciling all income and expenses for that month.
This reconciliation period typically takes 1 to 2 weeks after the billing cycle ends. Once completed, the statements are generated and uploaded to your Zimtra Portal.

Statement Generation

Once reconciliation is completed, the statements are generated and uploaded to your Zimtra Portal.

Timeline Example

If you trade in January, our team will start reconciling the income and expenses for January as soon as the month ends. This process usually takes up to 3 weeks but can extend to 4 weeks. This means that the finalization of January's income and expenses is typically completed around the 15th of February. Once this is done, your January statement will be uploaded to your portal. After the statement is available.

Review Period

We allow traders up to 10 days to review and raise any discrepancies for our team to investigate. After this period, it is assumed that the statement is accurate.

Market Data and Platform Charges

Market Data and Platform charges are applied in full if your account is Enabled at any point during the month. These charges are NOT prorated. Example: if your account is enabled on the 15th of the month, you will be charged the full price for Market Data and Platform services for that month. If you do not request to have your account disabled before the end of the month, you will incur the full charges for the following month as well.

Charges in Propreports

While we strive to keep charges in Propreports up to date, this is not always feasible. Any charges in Propreports are reflected in your available balance on the Zimtra Trader Portal.
If you disagree with these charges, there is a good chance they will be updated during the reconciliation process, once the month in question has closed. Therefore, it’s best to wait for your finalized statement before escalating any discrepancies.

The minimum performance bond required to start trading with Zimtra is $2,000.
We allow your account to draw down to 40-50% of this amount. Once the balance reaches this level, our team reserves the right to close any open positions, disable the account, and notify you of the low-performance bond balance. At that point, we will request that you wire at least the amount necessary to restore the performance bond to the minimum of $2,000.

By default, any profits over $500 per month will be paid out, provided you have previously submitted your wire details to us. If we do not have your wire information, the profit will be added to your performance bond balance.

‍If you prefer, you can inform us that you would like your profits to be automatically added to your performance bond. This will lead to higher trading limits, with payouts being processed only upon your request.
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Profit payouts typically occur once a month, between when the statements are uploaded and the 1st day of the following month.
You can withdraw funds from your account at any time by submitting a request to our support team with the desired amount, and completing the wire template. These requests are processed on a best-efforts basis, usually within 1-3 days. Please note that a decrease in your performance bond balance will result in reduced risk limits on your trading account.
We primarily use WISE for sending and receiving funds. If, for any reason, we are unable to use WISE, we will use one of our traditional bank accounts, which may incur additional bank charges.

‍Important note: Wire transfers to fund your account must be sent from a bank account held by the same entity that has an agreement with Zimtra. If you open an account as an individual, we cannot accept funds from any other company, including one registered in your name. If you wish to open an account on behalf of a company, please contact our support team for guidance on how to proceed. Additionally, any profit payouts or withdrawals can only be made to bank accounts in the name of the entity with which we have an agreement.

Fees for Wires Received by Zimtra
$6.11 (charged by WISE).

Fees for Wires Sent by Zimtra
All wire fees are assessed by the bank and are passed through without markup. All fees are listed in USD.
Wires: $9.03 (Fixed Fee)
Bank Debit (ACH): $2.92 (Fixed Fee) + 0.25% (Variable Fee)
Fees may vary by country. Please consult the WISE website for specific charges.

Yes, we allow traders to trade penny stocks at Zimtra. However, to short stocks priced below $1, we require a minimum performance bond balance of $15,000.

Yes, we allow odd lot orders (orders less than 100 shares)

No, unfortunately, locates are only valid for the day they are purchased. If the symbol is not Easy to Borrow, you will need to buy locates again the following day. However, locates are recyclable within the same day. This means you can short up to the total number of locates purchased multiple times throughout the day. For example, if you purchase 100 locates for stock ABC, you can short up to 100 shares, cover the position, and then short another 100 shares. Your maximum short position at any given time cannot exceed the total number of locates purchased.

Yes, you can trade between 4am -8pm EST

To close your account and withdraw your remaining balance, please submit a disable request through the Zimtra Trader Portal. This will help ensure no further charges are applied.Once you've submitted a custom request through the portal to close your account and withdraw your balance, we will reconcile your account and finalize your remaining funds.After the final balance is determined, our team will send you the amount. You can then provide a WISE payment request link, or if you don’t have a WISE account, we will send you a template to fill out with your wire details.

We require updated KYC information if your account has been inactive for more than 90 days. You can reach out to us via your Zimtra Trader Portal or email Support if this is the case. Occasionally, the trading platforms (DAS and Sterling) perform housekeeping and may delete accounts that haven’t been enabled for a while. If this happens, we will just need to recreate the account for you, this could take 1-2 days.

We provide two types of demos and simulators:

Sterling Simulator (Paper Trading with Real-Time Market Data)

• Visit http://zimtra.com and click on "Sign Up for Simulator."
• Complete a brief questionnaire.
• If classified as a non-professional, you will proceed with your registration (Zimtra login + Sumsub KYC verification), and a free simulator will be created for you.
• To switch to a Live account, simply tap the button in your Zimtra Trader Portal.

Note: If you are classified as a professional, we cannot offer a free simulator. However, you can still open a live account.


DAS Demo (Paper Trading with Delayed Market Data)

• Visit the DAS website to apply directly for a free 14-day trial here.
• For more information regarding the DAS platform, click here.
• For any inquiries about the DAS Demo, please contact DAS support here.

New account incentives/rewards are obtained through Zimtra promotions or referral programs. If you signed up using a referral link, we should already have your referral code on file. If not, please contact us through your Zimtra Trader Portal and let us know which of our partners referred you.The bonus/promotional credit will be applied to your account T+2, from your first day of trading. You can check this in the "Adjustments" report in Propreports, where the credit will also be reflected in your account balance. If you don’t see the credit in Propreports, please reach out to our support team, through your Zimtra Trader Portal, so we can investigate further.

Zimtra provides live support Monday through Friday, from 4 AM to 8 PM EST, excluding market holidays.

You can find a list of all market holidays here: NYSE Market Hours & Calendar.

To understand how and when you add or remove liquidity, it's important to first grasp the concept of the NBBO (National Best Bid and Offer). The NBBO represents the best available buy price (the bid) and the best available sell price (the offer) in the market. The spread is the difference between these two prices.

During core market hours (9:30 AM to 4:00 PM EST), Regulation NMS ("RegNMS") applies, which means that orders cannot be executed at prices outside (worse than) the NBBO. All trades must occur at prices within the spread—either at the bid or offer, or somewhere between them—when the order is placed.

During pre-market (4:00 AM - 9:30 AM EST) and post-market (4:00 PM - 8:00 PM EST) hours, RegNMS does not apply. This means your order can be filled at prices outside of the NBBO. Instead, your order will interact with the best available liquidity at the venue to which it is directed, as long as it is within your specified limit price.

It's important to note that market orders are not supported during pre-market or post-market sessions. Orders placed in these sessions must be limit orders.

Adding vs. Removing Liquidity

Adding liquidity occurs when there is no existing liquidity at the venue where your order is sent. In this case, your order is "posted" to the order book at that venue, meaning it is live and waiting for a matching order on the opposite side. If another order arrives at that venue on the opposite side at the same price as yours (or better), the two orders will match, and the trade will be executed. In this scenario, your order is considered to have added liquidity, while the order on the opposite side has removed liquidity.

Removing liquidity happens when your order matches an existing order at the venue, on arrival. When this occurs, you are effectively "taking" the available liquidity. Whether your order adds or removes liquidity is determined by the liquidity code provided by the venue.

There are several liquidity codes used by different venues, but typically:

A: Adds liquidity.

R: Removes liquidity.

X: Indicates that your order was routed to another venue because the original venue had no liquidity, but another venue had displayed liquidity.

The ECN charge or rebate you receive depends on both the venue where your order is sent and the liquidity code returned.

Important Considerations

When sending a buy order at the bid or a sell order at the offer, you are not guaranteed to add liquidity. It’s possible that, by the time your order is received, the market may have moved slightly, causing your order to remove liquidity instead. Additionally, there could be hidden liquidity at the venue to which your order is directed. For example, someone may have submitted a post-only order, which ensures their order can only add liquidity and cannot remove it.

To illustrate, imagine the NBBO is 25.10 x 25.20, and you send a buy order to the NYSE at the best bid which is at NSDQ exchange (25.10). If there are hidden sell orders at 25.10 on NYSE at that time, your buy order will interact with the hidden sell orders at NYSE. As a result, instead of adding liquidity, your order would remove liquidity.