Zheng Da Account Type

　　Zheng Da offers multiple account types tailored to different trading needs. These accounts are designed in collaboration with various banks, providing traders with options that suit their investment strategies. The account types include:

• Standard Account: A basic account for trading various futures contracts, including foreign exchange, metals, and energy.
• Islamic Account: Specially designed for traders who adhere to Islamic finance principles, ensuring no interest is charged.
• Demo Account: Although not specified, prospective traders may inquire about the availability of a demo account for practice trading.

　　Each account type may have varying margin requirements, which are essential for managing trading risks effectively. The margin for global index futures, for example, can range from $880 to €33,650, while foreign exchange futures margins vary between $2,500 and RMB 17,600.

　　

Zheng Da Broker Account Opening Process

　　Opening an account with Zheng Da involves a straightforward process. Here are the steps to follow:

• Visit the Website: Go to the official Zheng Da website.
• Choose Account Type: Select the account type that best suits your trading needs.
• Fill Out Application Form: Complete the online application form with personal details, including name, email, and phone number.
• Submit KYC Documents: Provide necessary documents for Know Your Customer (KYC) compliance, including:
• PAN card
• Address proof (Aadhaar card, passport, etc.)
• Bank statement or canceled cheque
• Verification Process: Undergo the verification process, which may include a video call or a representative visit for manual verification.
• Account Activation: Once your application is approved, you will receive your login credentials via email. The account is typically activated within 72 hours.

　　By following these steps, traders can successfully open an account with Zheng Da and start trading various futures products.