Search

Rating Index

WikiFX Detection

Business

Influence E

License

No license

FXZOOM broker Accounts

  

FXZOOM Account Type

  FXZOOM is an unregulated forex broker that has been operating for approximately 5 to 10 years, primarily targeting the Chinese market. Unfortunately, FXZOOM does not provide specific details regarding the types of accounts available to traders. The lack of information about account types, minimum deposits, leverage options, and spreads raises concerns about transparency and reliability. As such, potential clients may find it difficult to understand the features and benefits associated with trading through FXZOOM.

  

FXZOOM Broker Account Opening Process

  The process of opening an account with FXZOOM is not clearly outlined in the available information. However, it is generally expected that traders will need to follow a standard procedure common to many forex brokers, which typically includes the following steps:

  • Visit the Broker‘s Website: Go to FXZOOM’s website, although it has been reported that the site has been inaccessible since 2020.
  • Fill Out the Registration Form: Complete the required registration form, providing necessary personal details such as name, email, and phone number.
  • Verify Your Identity: Although specific verification details for FXZOOM are not provided, most brokers require proof of identity (such as a passport or national ID) and proof of address (like a utility bill).
  • Fund Your Account: After verification, you would typically need to deposit funds into your trading account using available payment methods, although FXZOOM has not specified these methods.
  • Start Trading: Once your account is funded, you can begin trading on the FXZOOM platform, which utilizes MetaTrader 4.
  •   Given the lack of regulation and transparency, potential clients are advised to exercise caution when considering opening an account with FXZOOM.

FXZOOM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FXZOOM Account