What Account Types and Fees Does ZFX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Mini Trading Account |
Beginners and novice traders |
Low minimum deposit, high leverage (up to 1:2000) |
Suitable for small-capital practice |
| Standard STP Account |
Intermediate traders |
No commission, variable spreads |
Requires a minimum deposit of $200 |
| ECN Trading Account |
Experienced traders |
Tighter spreads, high leverage (up to 1:500) |
Minimum deposit of $1,000 required |
| Islamic Account |
Traders needing swap-free options |
Compliant with Sharia law, no interest charged |
Available upon request |
| Demo Account |
All traders |
Practice trading without financial risk |
Ideal for testing strategies |
Account Opening Process
To open an account with ZFX, clients must follow a straightforward process. First, you will need to submit personal information, including your name, contact details, and date of birth. Next, employment information such as your job title and employer must be provided. Additionally, financial information, including your trading experience and financial status, is required. Identity verification is mandatory, where you must submit a government-issued ID and a proof of address document. Once your account is set up, there is flexibility to upgrade to a professional account later if you meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing |
| CFDs (Stock Index) |
1.5 |
$0 |
Variable spreads |
| CFDs (Commodities) |
2.0 |
$0 |
Market variation included |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, ZFX has several other costs that traders should be aware of. There are no deposit or withdrawal fees, ensuring that you can transfer funds without incurring additional charges. However, an inactivity fee may apply if the account remains dormant for an extended period. Swap rates will be applicable for overnight positions, impacting the overall cost of carrying trades. Currency conversion fees may also be applicable for accounts held in different currencies from the trading assets.
