Z-ONE broker Accounts

z one Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

z one Account Types Explained

When considering trading with z one, understanding the various account types available is crucial. Each account type is tailored to meet different trading needs, experience levels, and financial goals. Below is an overview of the primary account types offered by z one:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Fixed spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads starting from 0.0 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.1 pips; commission of $3 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Advanced trading tools, priority customer service.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and CFDs.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: Beginners and those wanting to test strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice Traders: Demo Account

Detailed z one Account Features

Account Features Comparison

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• User-friendly for beginners.
• No commission fees.
• High leverage options.
• Disadvantages:
• Higher spreads compared to ECN accounts.

ECN Account

• Advantages:
• Tight spreads and low latency.
• Ideal for scalping and high-frequency trading.
• Disadvantages:
• Higher minimum deposit required.
• Commission fees apply.

Pro Account

• Advantages:
• Low spreads and commissions.
• Advanced trading tools available.
• Disadvantages:
• Higher minimum deposit compared to other accounts.

Islamic Account

• Advantages:
• Compliant with Sharia law.
• No swap fees.
• Disadvantages:
• Limited to specific trading instruments.

Demo Account

• Advantages:
• Risk-free trading environment.
• Access to all trading instruments.
• Disadvantages:
• Virtual funds may not reflect real market conditions.

z one Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or restrictions.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of residence (utility bill or bank statement).
• Additional Documentation for Professional Accounts: May include financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• z one adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Users must provide valid identification and proof of residence to verify their identity.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step z one Account Opening Guide

Registration Process

1. Visit Website: Go to the z one official website.
2. Click Registration: Locate and click the registration button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload the required identification and proof of residence documents.
7. Account Verification: Wait for the account to be verified by z one.
8. Fund Your Account: Deposit funds into your account to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may need to download the z one app for account management.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade by contacting z one customer support, providing the necessary documentation and reasons for the change.

z one Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice with virtual funds, access all trading instruments, and test strategies without financial risk.

How to Open a Demo Account

• Visit the z one website or app, select the demo account option, and follow the registration steps similar to opening a live account.

Demo Account Limitations

• The demo account may have a limited duration and virtual balance, which can affect the trading experience.

Virtual Balance Amount

• The virtual balance typically starts at $10,000, allowing ample room for practice.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money and market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a set period, usually ranging from 30 to 90 days, depending on the broker's policies.

z one Islamic Account Details

Swap-Free/Islamic Account Availability

• z one offers Islamic accounts that comply with Sharia law, allowing traders to engage in trading without incurring swap fees.

Eligibility Requirements

• Traders must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide any necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limitations on certain instruments or trading strategies.

FAQs – z one Account Types & Opening

1. What account types does z one offer？

• z one offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.

1. How long does z one account verification take？

• Verification typically takes 1-3 business days.

1. Does z one offer demo accounts？

• Yes, z one provides demo accounts for practice trading.

1. Can I have multiple account types with z one？

• Yes, traders can open multiple account types as needed.

1. Does z one offer Islamic/swap-free accounts？

• Yes, z one offers Islamic accounts that comply with Sharia law.

1. What documents do I need to open a z one account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.