Search

Rating Index

Pros

Offers a relatively low management expense ratio of 0.45%, which is competitive compared to many mutual funds.
Provides exposure to a diversified portfolio of floating rate high yield bonds, appealing to investors seeking yield in a low-interest-rate environment.
Widely traded on the TSX, making it accessible to a broad range of investors through various online brokerages.

Cons

Complex investment structure involving derivatives, which may not be suitable for all investors and can lead to misunderstandings about risk exposure.
Concerns about the underlying asset quality, as it includes a significant portion of non-investment grade corporate bonds, increasing potential volatility.
Mixed reviews from analysts regarding its suitability as a defensive investment, particularly in uncertain economic conditions.

ZFH broker Accounts

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

Part 1: zfh Account Types Explained

Available Account Types

  1. Standard Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips
  • Leverage Options: Up to 1:500
  • Key Features: Access to all trading instruments, basic trading tools
  • Target User Profile: Beginners and casual traders
  • Trading Instruments Available: Forex, commodities, indices
  1. ECN Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads from 0.0 pips + commission of $3 per lot
  • Leverage Options: Up to 1:200
  • Key Features: Direct market access, lower spreads, faster execution
  • Target User Profile: Advanced traders and scalpers
  • Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
  1. Pro Account
  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Variable spreads starting from 1.0 pips
  • Leverage Options: Up to 1:400
  • Key Features: Enhanced trading conditions, priority support
  • Target User Profile: Professional traders and institutions
  • Trading Instruments Available: Forex, commodities, indices, stocks
  1. Islamic Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Swap-free trading in compliance with Sharia law
  • Target User Profile: Muslim traders
  • Trading Instruments Available: Forex, commodities, indices
  1. Demo Account
  • Minimum Deposit Requirement: Virtual funds (typically $10,000)
  • Spread/Commission Structure: Same as the Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Risk-free trading environment, practice trading strategies
  • Target User Profile: Beginners and traders testing strategies
  • Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Account Type Minimum Deposit Spread Commission Leverage Key Features
Standard $100 From 1.5 pips None 1:500 Basic trading tools
ECN $500 From 0.0 pips $3/lot 1:200 Direct market access
Pro $1,000 From 1.0 pips None 1:400 Enhanced trading conditions
Islamic $100 Similar to Standard None 1:500 Swap-free trading
Demo Virtual funds Same as Standard None 1:500 Risk-free trading

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

Part 2: zfh Account Features Comparison

Detailed zfh Account Features

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $100

  • Demo: Virtual funds

  • Maximum Leverage:

  • Standard: 1:500

  • ECN: 1:200

  • Pro: 1:400

  • Islamic: 1:500

  • Spreads (Typical/Minimum):

  • Standard: From 1.5 pips

  • ECN: From 0.0 pips

  • Pro: From 1.0 pips

  • Islamic: Similar to Standard

  • Commission Fees:

  • Standard: None

  • ECN: $3 per lot

  • Pro: None

  • Islamic: None

  • Lot Size:

  • Standard: Micro, Mini, Standard

  • ECN: Micro, Mini, Standard

  • Pro: Mini, Standard

  • Islamic: Micro, Mini, Standard

  • Available Trading Platforms:

  • Standard: MT4, MT5

  • ECN: MT4, MT5

  • Pro: MT4, MT5

  • Islamic: MT4, MT5

  • Execution Type:

  • Standard: Market

  • ECN: ECN

  • Pro: Instant

  • Islamic: Market

  • Islamic Account Availability: Yes, for Islamic Account

  • Swap-Free Options: Available for Islamic Account

  • Demo Account Features: Virtual trading with real market conditions, unlimited duration

Advantages and Disadvantages of Each Account Type

  • Standard Account:

  • Advantages: Low minimum deposit, no commission, user-friendly

  • Disadvantages: Higher spreads, limited advanced features

  • ECN Account:

  • Advantages: Low spreads, fast execution, direct market access

  • Disadvantages: Higher minimum deposit, commission fees apply

  • Pro Account:

  • Advantages: Enhanced trading conditions, priority support

  • Disadvantages: Higher minimum deposit, limited to experienced traders

  • Islamic Account:

  • Advantages: Compliance with Sharia law, no swap fees

  • Disadvantages: Limited availability, similar spreads to Standard

  • Demo Account:

  • Advantages: Risk-free environment, practice trading strategies

  • Disadvantages: Limited to virtual funds, no real profit

Part 3: zfh Account Registration Requirements

zfh Account Registration Requirements

  • Eligibility Criteria:

  • Age Requirements: Minimum 18 years old

  • Geographic Restrictions: Available in most countries, specific restrictions may apply

  • Prohibited Countries: Countries under international sanctions

  • Identity Verification Documents Needed:

  • Government-issued ID (passport or national ID)

  • Proof of residence (utility bill or bank statement)

  • Additional Documentation for Professional Accounts:

  • Proof of income or trading experience may be required

  • KYC/AML Compliance Procedures:

  • All applicants must complete KYC (Know Your Customer) verification

  • AML (Anti-Money Laundering) checks are performed

  • Verification Time Frames:

  • Typically takes 1-3 business days for account verification

Part 4: zfh Account Opening Process

Step-by-Step zfh Account Opening Guide

  1. Visit Website and Click Registration: Go to the zfh website and find the registration button.
  2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
  3. Choose Account Type: Select the account type that best suits your trading needs.
  4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
  5. Document Upload: Upload the required identity verification documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to activate your account.
  8. Start Trading: Once funded, you can begin trading on the platform.
  • Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but mobile may have additional app-specific features.
  • Common Registration Issues and Solutions: Ensure all documents are clear and legible; double-check personal information for accuracy.
  • Average Account Approval Time: 1-3 business days, depending on the completeness of the application.
  • How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.

Part 5: zfh Demo Account Information

zfh Demo Account Guide

  • Demo Account Features and Benefits:

  • Access to all trading instruments

  • Practice trading strategies without financial risk

  • Real-time market conditions

  • How to Open a Demo Account:

  • Visit the zfh website and select the demo account option

  • Complete the registration form with your details

  • Demo Account Limitations:

  • Virtual balance may be limited

  • No real profits can be generated

  • Virtual Balance Amount: Typically $10,000 in virtual funds

  • Demo vs Live Account Differences:

  • Demo accounts use virtual funds; live accounts require real money

  • Demo accounts do not incur trading fees or commissions

  • Duration/Expiry of Demo Accounts: Demo accounts may remain active for a limited time or until the virtual balance is depleted.

Part 6: zfh Islamic Account Details

zfh Islamic Account Details

  • Swap-Free/Islamic Account Availability: Yes, zfh offers Islamic accounts that comply with Sharia law.
  • Eligibility Requirements: Must be a Muslim trader seeking swap-free trading options.
  • Differences from Standard Accounts: Islamic accounts do not incur swap fees; other trading conditions are similar.
  • How to Apply for Islamic Account: Select the Islamic account option during registration or contact customer support.
  • Restrictions or Special Conditions: Must adhere to Islamic trading principles; no overnight financing charges.

FAQs – zfh Account Types & Opening

  1. What account types does zfh offer?
  • zfh 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 funds.
  1. How long does zfh account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does zfh offer demo accounts?
  • Yes, zfh provides demo accounts for practice trading.
  1. Can I have multiple account types with zfh?
  • Yes, traders can open multiple account types as needed.
  1. Does zfh offer Islamic/swap-free accounts?
  • Yes, zfh offers Islamic accounts that are swap-free.
  1. What documents do I need to open a zfh 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.

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