ZXG broker Accounts

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

Part 1: zxg Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips + $5 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Competitive spreads with lower commissions
• Leverage Options: Up to 1:400
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading
• Target User Profile: Traders seeking compliance with Islamic finance
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as live accounts
• Leverage Options: Same as live accounts
• Key Features: Practice trading without risk
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Same as live accounts

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Islamic Compliance: Islamic Account
• Practice: Demo Account

Part 2: Detailed zxg Account Features

Feature Comparison Across Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:400

• Islamic: Up to 1:500

• Demo: Same as live accounts

• Spreads:

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: Competitive

• Islamic: Similar to Standard

• Demo: Same as live accounts

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: Lower commissions

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts

• Swap-Free Options:

• Available for Islamic accounts

• Demo Account Features:

• Virtual trading with real market conditions

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly interface

• No commission fees

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for scalping

• Pro Account:

• Advanced trading tools

• Lower trading costs

• Priority support

• Islamic Account:

• Compliance with Islamic finance principles

• No swap fees

• Demo Account:

• Risk-free trading

• Practice strategies

• Familiarization with the platform

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Requires higher initial investment

• May not be suitable for casual traders

• Islamic Account:

• Limited to specific trading conditions

• May have fewer features than other accounts

• Demo Account:

• No real profits

• Limited duration

Part 3: zxg Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries; specific restrictions may apply
• Prohibited Countries: Countries under international sanctions or restrictions
• Identity Verification Documents Needed:
• Government-issued ID (passport, national ID)
• Proof of residence (utility bill, bank statement)
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

• Verification of identity and address through submitted documents
• Additional checks for high-risk accounts

Verification Time Frames

• Typically takes 1-3 business days for account verification

Part 4: Step-by-Step zxg Account Opening Guide

Registration Process

1. Visit Website: Go to the zxg official website.
2. Click Registration: Find and click the registration button.
3. Personal Information Entry: Fill in your personal details (name, email, phone number).
4. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, Demo).
5. Set Trading Preferences: Indicate your trading preferences and leverage.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the account to be verified by zxg.
8. Fund Your Account: Deposit funds into your new account.
9. Start Trading: Begin trading using the zxg platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile registration may have fewer input fields for convenience.

Common Registration Issues and Solutions

• Issue: Document rejection
• Solution: Ensure documents are clear and meet requirements.
• Issue: Delays in verification
• Solution: Contact customer support for updates.

Average Account Approval Time

• Typically ranges from 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request changes in account type.

Part 5: zxg Demo Account Guide

Demo Account Features and Benefits

• Access to real market conditions without financial risk
• Ability to practice trading strategies

How to Open a Demo Account

• Follow the same registration process but select "Demo Account" during account type selection.

Demo Account Limitations

• Limited to virtual funds
• May have an expiry date (typically 30 days)

Virtual Balance Amount

• Usually set at $10,000 in virtual funds.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Generally, demo accounts are valid for 30 days but can be extended upon request.

Part 6: zxg Islamic Account Details

Swap-Free/Islamic Account Availability

• zxg offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must provide documentation supporting the need for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must adhere to specific trading conditions set by zxg.

FAQs – zxg Account Types & Opening

1. What account types does zxg offer？

• zxg 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 zxg account verification take？

• Verification typically takes 1-3 business days.

1. Does zxg offer demo accounts？

• Yes, zxg provides demo accounts for practice trading.

1. Can I have multiple account types with zxg？

• Yes, you can open multiple account types.

1. Does zxg offer Islamic/swap-free accounts？

• Yes, zxg has Islamic accounts available.

1. What documents do I need to open a zxg 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 change your account type through customer support.