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HZI Forex Broker offers different types of accounts tailored to various trading needs. The primary account types include:
Cash Account: This account requires the full payment of securities purchased, allowing traders to manage their investments without borrowing funds.
Margin Account: Traders can borrow funds from HZI to purchase securities, thus increasing their purchasing power. However, this comes with the risk of larger losses due to market fluctuations.
Portfolio Margin Account: This account type is available for clients who are approved to trade options and have a minimum net liquidation value of at least USD 110,000. It offers more flexible margin requirements compared to standard margin accounts.
Opening an account with HZI Forex Broker involves several steps:
Visit the Official Website: Go to [HZI Cambodia](http://hzi cambodia.com/account-create) to start the registration process.
Choose Account Type: Select the type of account you wish to open (Cash, Margin, or Portfolio Margin).
Complete Application Form: Fill out the online application form, providing personal information such as your name, email address, phone number, and financial details.
Submit Required Documents: You may need to provide identification (such as a passport or drivers license), proof of address, and any other documents required by HZI.
Verification Process: HZI will conduct a verification process, which may include background checks and confirming your eligibility for the account type chosen.
Fund Your Account: Once your account is approved, you can fund it through various methods as outlined on the HZI website.
Start Trading: After your account is funded, you can begin trading on the HZI platform.
For more detailed information, you can refer to their official website and customer service.
Explore broker markets account types: forex/trading accounts with demo access.