What Account Types and Fees Does ZitaPlus Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginner traders |
Low minimum deposit, no commission |
Suitable for small-capital practice |
| RAW Trading Account |
Experienced traders |
Tight spreads, commission-based |
Requires higher trading volume |
| Swap-Free Account |
Traders with religious restrictions |
Swap-free trading, competitive spreads |
Higher minimum deposit required |
| Pro Account |
Professional traders and institutions |
Lowest spreads, no commission |
Requires extensive documentation |
Account Opening Process
To open an account with ZitaPlus, users must follow a straightforward process. First, applicants need to submit their personal information, including full name, date of birth, and contact details. Next, employment details and financial background information should be provided to assess trading capabilities. Identity verification is mandatory, requiring users to upload a valid ID and proof of address, such as a utility bill. After completing these steps, users can flexibly manage their accounts, including the option to upgrade to a professional account in the future, depending on their trading experience and volume.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
1.2 |
$0 (RAW: $8/lot) |
Attractive for beginners |
| Forex (GBP/USD) |
1.3 |
$0 (RAW: $8/lot) |
Competitive spreads |
| CFDs (US Stocks) |
0.6 |
$0 |
Low-cost trading |
| CFDs (Commodities) |
0.7 |
$12 |
Standard commission applied |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, traders should be mindful of other costs associated with their accounts. ZitaPlus charges for deposits and withdrawals based on payment method, although many methods are available without added fees. An inactivity fee may apply if an account remains dormant for an extended period. Users should also consider platform usage fees if applicable, overnight interest (swap rates) for positions held overnight, and potential currency conversion fees for transactions involving different currencies.
