What Account Types and Fees Does ZFX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Mini Trading Account |
Beginner traders |
Low minimum deposit, high leverage (up to 1:2000) |
Suitable for small capital practice |
| Standard STP Account |
Intermediate traders |
No commission, variable spreads |
Minimum deposit of $200 |
| ECN Trading Account |
Experienced traders |
Tight spreads, higher leverage (up to 1:500) |
Minimum deposit of $1,000 is required |
| Islamic Account |
Traders seeking swap-free options |
Compliant with Sharia law |
Available for all account types |
| Demo Account |
All traders |
Practice trading without risk |
Useful for testing strategies and the platform |
Account Opening Process
To open an account with ZFX, follow these steps: First, provide your personal information including your name, email, and phone number. Next, complete the employment and financial information sections to assess your trading experience and financial situation. After that, you will need to verify your identity by submitting a government-issued ID and proof of address. This process ensures compliance with regulatory standards. ZFX also offers account flexibility, allowing traders to upgrade from a standard to a professional account as they gain experience and meet the necessary requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for minors |
| CFDs (Stocks) |
1.5 |
$0 |
Variable spreads, no commission |
| CFDs (Indices) |
1.2 |
$0 |
Access to major global indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable based on market conditions |
Other Fees
In addition to trading fees, ZFX may charge the following: Deposit and withdrawal fees may apply depending on the method used. An inactivity fee is imposed if there is no activity on the account for an extended period. There are no platform usage fees associated with the ZFX trading platforms. Overnight interest charges (swap rates) may apply for positions held beyond the trading day. Currency conversion fees are also applicable when trading in different currencies.
