ZFX Forex Broker keeps up-to-date with the latest trading account information, including ECN, Standard STP, Mini maximum leverage of 1 : 2000, trading varieties, and more
Rating Index
Pros
Regulated by top-tier authorities (FCA and FSA), providing a level of trust and security for traders.
Low minimum deposit requirement of $50, making it accessible for beginner traders.
Competitive trading conditions with tight spreads on ECN accounts, along with high leverage options (up to 1:2000).
Cons
High minimum deposit of $1,000 for ECN accounts, which may deter retail traders looking for lower initial investments.
Lack of a web-based trading platform, limiting accessibility for traders who prefer not to download software.
Limited educational resources and tools available, which may be challenging for novice traders seeking guidance.
ZFX broker Accounts
ECN
Environment
A
Currency
--
Maximum Leverage
1 : 2000
SupportedEA
Minimum Deposit
≥ $ 1000
Minimum Spread
From 0.2
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
Standard STP
Environment
A
Currency
--
Maximum Leverage
1 : 2000
SupportedEA
Minimum Deposit
≥ $200
Minimum Spread
1.3
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
Mini
Environment
A
Currency
--
Maximum Leverage
1 : 2000
SupportedEA
Minimum Deposit
≥ $ 50
Minimum Spread
1.5
Depositing Method
--
Withdrawal Method
--
Minimum position
0.1
Commission
--
Products
--
ZFX Account Type
ZFX offers three types of trading accounts tailored to meet the varying needs of forex and CFDs investors:
- Mini Trading Account
- Minimum Deposit: $50
- Maximum Leverage: 1:2000
- Minimum FX Spread: 1.5 pips
- Contract Units (FX): 10,000
- Minimum Trade Size: 0.1 lots
- Stop-Out Level: 20%
- Standard STP Trading Account
- Minimum Deposit: $200
- Maximum Leverage: 1:500
- Minimum FX Spread: 1.3 pips
- Contract Units (FX): 100,000
- Minimum Trade Size: 0.01 lots
- Stop-Out Level: 30%
- ECN Trading Account
- Minimum Deposit: $1,000
- Maximum Leverage: 1:500
- Minimum FX Spread: from 0.2 pips (commissions may apply)
- Contract Units (FX): 100,000
- Minimum Trade Size: 0.01 lots
- Stop-Out Level: 50%
- Register
- Click on the “Open an Account” button on the ZFX website.
- Fill in your personal information such as name, phone number, email address, and create a password.
- Choose an Account Type
- Select the type of account you wish to open (Mini, Standard STP, or ECN) based on your trading needs.
- Verify Your Identity
- Upload identification documents such as a national ID card, drivers license, or passport.
- Provide proof of residence, like a recent utility bill or bank statement.
- Verify Your Bank Account
- Enter your bank account information and upload a copy of your bank statement.
- Approval and Funding
- Your application will be reviewed within 24 business hours. Once approved, you can fund your account and start trading.
- ZFX Account Types
- ZFX Broker Account Opening Process
These accounts allow traders to start with low capital while providing access to various trading instruments including forex, commodities, stock indices, and shares.
ZFX Broker Account Opening Process
Opening an account with ZFX is a simple and efficient process that can be completed in just a few steps:
For more details, you can visit the following sources:
ZFX Similar Broker Accounts
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ZFX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of ≥ $ 1000 by (2+) --.