As a regulated CFD broker, ZFX offers 100+ assets including Forex, stock indices, commodities (precious metals & crude oils), and shares to our clients. You can immediately trade all the assets our online trading platforms right after opening an account and make a deposit.
Opening an account with ZFX is an easy process, which can be completed in minutes.
First, click the ‘Open a Live Trading Account’ button. This will take you to the registration page, where you can fill in your personal details (name, phone number, date of birth etc.).
Then you choose a password and enter your account for the first time.
Later, you will need to take some additional steps to verify your identity and withdraw funds – but for now, your new account is all set up!
It’s important for us to verify your identity when you open an account with us. So, we ask you to provide some personal details, including your name, mobile phone number, email address, gender, and date of birth. Putting this information into the system is easy, and takes only 3 minutes.
Then, once you’ve opened your account you will need to verify your identity and submit your bank information. To do this you will need a valid national ID card, driver’s license or passport. We’ll ask you to scan or photograph select pages of your ID and upload them to us just so we can check you’re the same person who opened the account.
Finally, we’ll need you to show us some proof that you own a bank account. This could be a photo of the first page of your bank book or a copy of your bank statement. The bank account you use to verify your identity must be the same as the bank account you submitted when you opened your trading account with ZFX.
Although the demo account and the live account use the same Metatrader 4 software, they do very different things.
The demo account is intended to be a training tool for new traders to experience the markets with virtual currencies in a controlled, risk-free environment. It doesn’t guarantee the same transaction results as the live account, and you should always take the real price data from a live account.
You can fund your account by making a deposit from Bank Wire and Credit Cards. The minimum deposit is $50 each time. We don’t charge any fees for making a deposit.
To withdraw your funds, log-in to the MyZFX User Center and click on ‘withdrawal’. Then follow the instructions on the web page to submit and confirm a withdrawal request. It’s important to make sure that you’ve already submitted the relevant identity verification documents (ID and proof of bank account) before you try to make a withdrawal.
We need to have this verification info before we can release any money to you. In addition, if it’s your first withdrawal, customer service will give you a call to verify your identity in person. The minimum withdrawal amount is around $15.
※ Quick reminder: The calculation of available withdrawal amount with the open position(s) is: cash for available withdrawal = Equality – credit – 2 x used margin.
At ZFX, we take cybersecurity very seriously, and you can rest assured that we’re taking rigorous steps to keep your funds safe.
Your money is completely separated from our ZFX business operations and deposited in a separate bank account from the company’s bank account. Money transfers must be approved by you and you only. No individual or organization can withdraw from your trading account and we guarantee the security of your funds.
Commodities are the basic primary goods that form the foundation of our economy. They can be separated into four distinct categories: metal, energy, livestock and meat, and agriculture.
Raw materials like crude oil, natural gas, gold, and silver are all commodities, while gold and crude oil are most commonly traded. These commodities are typically in high demand and consequently hold their value at all times. However, oil in particular is susceptible to rapid fluctuations caused by international political events, and this makes it a popular choice for traders.
A stock index (or plural indices) is a barometer of the overall performance of the stock markets. Roughly speaking, an index helps traders understand the way the market is moving — and make predictions for the future.
You can use a CFD (Contract for Difference) to make speculations on stock indices. In taking a CFD position, a trader is essentially agreeing to exchange the difference in the price of an index from one time period to another. Trading index CFDs is extremely popular. They’re available for all the key indices around the world, which enables traders to participate in world markets no matter where they are located themselves.
Diversify your portfolio: Trading commodities is a good way to hedge against your stock and bond investments
High growth opportunities: The commodities market is very dynamic, meaning there are lots of opportunities for rapid growth
Provide some security against inflation: With some commodities in your portfolio, you’ll be well placed to benefit from a market upswing