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Zhixuan offers several types of accounts to cater to the diverse needs of its clients. The available account types include:
Current Account: A basic account for making deposits, withdrawals, and transfers. It typically does not earn interest but offers features like a debit card and online banking.
Savings Account: Designed for saving money, this account usually earns interest and may provide additional features such as ATM access and check writing.
Fixed Deposit Account: This account allows customers to deposit money for a fixed period at a higher interest rate than a savings account, with funds inaccessible until the term ends.
Investment Account: This account is intended for investing in stocks, bonds, and other securities, providing various features like online trading and research tools.
Margin Account: A type of account that allows customers to borrow funds from the broker to purchase securities, increasing potential investment amounts but also carrying higher risks.
Joint Account: Owned by two or more individuals, commonly used by married couples or business partners.
Trust Account: Set up for the benefit of a third party, often used to manage finances for minors or individuals with disabilities.
Corporate Account: An account owned by a business, offering features like online banking and bill pay.
The minimum deposit requirement for opening an account with Zhixuan is $100, and leverage options for forex trading range from 1:50 to 1:200.
Opening a broker account with Zhixuan involves several straightforward steps:
Choose Account Type: Decide which type of account suits your needs, whether its a current, savings, fixed deposit, investment, margin, joint, trust, or corporate account.
Application Submission: Complete the online application form with personal information, including your name, contact details, and identification.
Provide Required Documents: Submit necessary documents for identity verification, such as a government-issued ID and proof of address.
Funding the Account: After your application is approved, fund your account with a minimum deposit of $100. Deposits can be made in person, via mail, or through the Zhixuan mobile app.
Account Activation: Once the funds are deposited, your account will be activated, allowing you to start trading.
Customer Support: If you encounter any issues during the process, you can contact Zhixuan's customer support via phone or email for assistance.
For more information, you can visit Zhixuan's official website or contact their customer service.
Explore broker markets account types: forex/trading accounts with demo access.