ZG.COM broker Accounts

zg.com Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

zg.com Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: $10
• Spread/Commission Structure: Commission-free trading with competitive spreads starting from 1.2 pips.
• Leverage Options: Up to 1:1000.
• Key Features: Ideal for beginners; offers a classic trading environment.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

1. ECN Account

• Minimum Deposit: $10
• Spread/Commission Structure: Spreads as low as 0 pips with a commission of $7 for Forex trades.
• Leverage Options: Up to 1:1000.
• Key Features: Direct market access with tight spreads; suitable for high-frequency traders.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

1. Pro Account

• Minimum Deposit: $2,500
• Spread/Commission Structure: Competitive spreads with lower commission rates.
• Leverage Options: Up to 1:500.
• Key Features: Designed for professional traders with advanced trading tools.
• Target User Profile: Professional and institutional traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies, and indices.

1. Islamic Account

• Minimum Deposit: $2,500
• Spread/Commission Structure: Similar to Pro Account but without swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Islamic finance principles; no overnight swap fees.
• Target User Profile: Muslim traders adhering to Sharia law.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000).
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:1000.
• Key Features: Risk-free trading environment to practice strategies.
• Target User Profile: Beginners and those testing new strategies.
• Trading Instruments Available: Forex, commodities, 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 Account

Detailed zg.com Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $10

• ECN: $10

• Pro: $2,500

• Islamic: $2,500

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:1000

• ECN: Up to 1:1000

• Pro: Up to 1:500

• Islamic: Up to 1:500

• Demo: Up to 1:1000

• Spreads (Typical/Minimum):

• Standard: From 1.2 pips

• ECN: From 0 pips

• Pro: Competitive

• Islamic: Similar to Pro

• Demo: Similar to Standard

• Commission Fees:

• Standard: $0

• ECN: $7

• Pro: Lower rates

• Islamic: $0

• Demo: $0

• Lot Size:

• Standard: Micro/mini/standard

• ECN: Micro/mini/standard

• Pro: Standard

• Islamic: Standard

• Demo: Micro/mini/standard

• Available Trading Platforms:

• All accounts: MT4, MT5, and proprietary platforms.

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Pro and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual trading environment with no risk.

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit.
• Suitable for beginners.
• Commission-free trading.
• Disadvantages:
• Higher spreads compared to ECN.
• Limited advanced features.

ECN Account

• Advantages:
• Tight spreads and direct market access.
• Suitable for scalping.
• Disadvantages:
• Commission fees apply.
• Requires more trading knowledge.

Pro Account

• Advantages:
• Advanced trading tools.
• Lower commission rates.
• Disadvantages:
• Higher minimum deposit.
• More suitable for experienced traders.

Islamic Account

• Advantages:
• Compliant with Islamic finance.
• No swap fees.
• Disadvantages:
• Higher minimum deposit.
• Limited to specific trading strategies.

Demo Account

• Advantages:
• Risk-free environment.
• Ideal for practice.
• Disadvantages:
• Virtual funds do not reflect real trading conditions.
• Limited duration.

zg.com Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Users from certain countries may be restricted.
• Prohibited Countries: Specific countries may be prohibited from opening accounts (details not specified).
• 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 require additional financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• zg.com adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring users to provide identification and proof of residence.

Verification Time Frames

• Typically, account verification may take a few hours to a few days, depending on the completeness of the submitted documents.

zg.com Account Opening Process

Step-by-Step zg.com Account Opening Guide

1. Visit the zg.com website and click on the registration button.
2. Personal Information Entry: Fill out the required personal information form.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the necessary identification and proof of residence 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: 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 interface may have slight variations.

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

• Account approval typically takes between a few hours to several days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• Users can contact customer support to request an upgrade or downgrade of their account type, subject to the new account type's requirements.

zg.com Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment for practice.
• Allows users to test trading strategies without financial risk.

How to Open a Demo Account

• Users can select the demo account option during the registration process or request it from their account dashboard.

Demo Account Limitations

• Limited duration and virtual funds may not reflect real market conditions.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a set period, typically 30 to 90 days.

zg.com Islamic Account Details

Swap-Free/Islamic Account Availability

• zg.com offers Islamic accounts that comply with Sharia law, ensuring no swap fees.

Eligibility Requirements

• Users must provide documentation confirming their adherence to Islamic finance principles.

Differences from Standard Accounts

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

How to Apply for Islamic Account

• Users can select the Islamic account option during registration or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – zg.com Account Types & Opening

1. What account types does zg.com offer？

• zg.com offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $10, ECN: $10, Pro: $2,500, Islamic: $2,500, Demo: Virtual funds.

1. How long does zg.com account verification take？

• Verification typically takes a few hours to a few days.

1. Does zg.com offer demo accounts？

• Yes, zg.com offers demo accounts for practice trading.

1. Can I have multiple account types with zg.com？

• Yes, users can have multiple account types, subject to the requirements of each type.

1. Does zg.com offer Islamic/swap-free accounts？

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

1. What documents do I need to open a zg.com account？

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

1. Can I change my account type after registration？

• Yes, users can request to upgrade or downgrade their account type through customer support.