Zepa broker Accounts

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

zepa Account Types Explained

Zepa offers various account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available, including their features, requirements, and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:200
• Key Features: Basic trading tools, access to major currency pairs, and educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $5 per lot.
• Leverage Options: Up to 1:100
• Key Features: Direct market access, faster execution speeds, and no requotes.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads starting from 0.1 pips; commission of $3 per lot.
• Leverage Options: Up to 1:500
• Key Features: Advanced trading tools, priority customer support, and access to exclusive market analysis.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard account but swap-free.
• Leverage Options: Up to 1:200
• Key Features: Compliance with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders seeking a compliant trading option.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000)
• Spread/Commission Structure: Similar to the Standard account.
• Leverage Options: Up to 1:200
• Key Features: Risk-free trading environment, access to all trading instruments, and educational resources.
• Target User Profile: Beginners and those looking to practice trading strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed zepa Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Suitable for beginners.

• Access to educational resources.

• ECN Account:

• Direct market access.

• Lower spreads for active traders.

• Fast execution speeds.

• Pro Account:

• High leverage options.

• Advanced trading tools.

• Priority customer support.

• Islamic Account:

• Compliance with Sharia law.

• No swap fees.

• Demo Account:

• Risk-free trading environment.

• Practice trading strategies without financial risk.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• ECN Account:

• Higher minimum deposit requirement.

• Pro Account:

• Requires significant trading experience.

• Islamic Account:

• Limited to specific trading instruments.

• Demo Account:

• Virtual funds may not reflect real market conditions.

zepa 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 may not be eligible.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial statements.

KYC/AML Compliance Procedures

• Zepa follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to verify the identity of all clients.

Verification Time Frames

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

Step-by-Step zepa Account Opening Guide

Registration Process

1. Visit Website: Go to the official Zepa website.
2. Click Registration: Click on the "Sign Up" or "Register" 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 suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the verification process to complete.
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, though the mobile version may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and meet the specified requirements.
• Issue: Account verification delay.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the completeness of the documentation.

How to Upgrade/Downgrade Account Types

• Traders can request to upgrade or downgrade their account type through the customer support portal or by contacting customer service.

zepa Demo Account Guide

Demo Account Features and Benefits

• The demo account offers a virtual balance to practice trading without financial risk, access to all trading instruments, and educational resources.

How to Open a Demo Account

• Visit the Zepa website and select the option to open a demo account. Follow the registration steps similar to the live account process.

Demo Account Limitations

• The demo account may have a limited duration, typically expiring after 30 days of inactivity.

Virtual Balance Amount

• The demo account usually provides a virtual balance of $10,000.

Demo vs Live Account Differences

• The demo account uses virtual funds and may not reflect real market conditions, while the live account involves actual trading with real funds.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity, but this can vary based on the broker's policies.

zepa Islamic Account Details

Swap-Free/Islamic Account Availability

• Zepa offers an Islamic account that complies with Sharia law, allowing Muslim traders to participate without incurring interest.

Eligibility Requirements

• Traders must provide documentation confirming their eligibility for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for long-term trading strategies.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have restrictions on certain trading instruments or strategies that involve interest.

FAQs – zepa Account Types & Opening

1. What account types does zepa offer？

• Zepa 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: Virtual balance.

1. How long does zepa account verification take？

• Account verification typically takes 1-3 business days.

1. Does zepa offer demo accounts？

• Yes, zepa offers demo accounts for practice trading.

1. Can I have multiple account types with zepa？

• Yes, traders can open multiple account types.

1. Does zepa offer Islamic/swap-free accounts？

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

1. What documents do I need to open a zepa 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.