Trading Account Types

    You Are Currently Here!
  • Home
  • Trading Account Types

Ultra Low Micro Account

FAQ

Ultra Low Micro Account

Ultra Low Standard Account

Zero Accounts

The aforementioned numbers are just meant to be used as a guide. ZenithFX is prepared to design unique FX account solutions for each and every customer. The provided amount should be translated to the deposit currency if it is not USD.

A demo account is the best option to assess your trading ability if you’re new to forex. You can trade with virtual money and avoid risk because all of your wins and losses are simulated. You can create a real money trading account after you have tried your trading techniques, gained knowledge about market movements, and mastered the art of placing orders.

Frequently Asked Questions?

A forex account at ZenithFX is a trading account that you will possess and operate in a manner akin to your bank account, with the exception that its primary function is currency trading.

The login credentials for your multi-asset trading account will be the same as the login for the trading platform that corresponds to your account type. This trading platform is where you will finally execute trades. Any changes you make to your settings in the Members Area, including deposits, withdrawals, and other actions, will be reflected on the matching trading platform.

In summary, your forex trading account includes

1. Access to the Members Area

2. Access to the corresponding platform(s)

Like your bank, ZenithFX will require you to complete a simple KYC (Know your Customer) process when you register for your first forex trading account. This process is necessary so that we can verify the accuracy of the personal information you have provided and guarantee the security of your funds and account information.

You will receive an email with your login credentials as soon as you open a forex account, granting you access to the Members Area.

You may control all account operations, such as making deposits and withdrawals, seeing and taking advantage of special offers, monitoring your open positions, checking your loyalty status, adjusting leverage, contacting support, and using ZenithFX's trading tools, in the Members Area.


Our services are continuously added to and expanded upon within the members area of our clients, offering them greater and greater flexibility to make additions or changes to their accounts whenever they choose without requiring help from their personal account managers.

The login credentials for your trading account are linked to the trading platform that corresponds to your account type, which is where you will ultimately execute trades. On the matching trading platform, any deposits, withdrawals, or other changes to settings you make from the Members Area will be reflected.

 

With the exception of being provided for the purpose of trading currencies, stock index CFDs, stock CFDs, as well as CFDs on metals and energy, a multi-asset trading account functions similarly to a bank account.

As you can see in the above table, you are able to open Zero, Ultra Low Standard, or Ultra Low Micro multi-asset trading accounts.

Please be aware that only MT5 accounts—which also get you access to the WebTrader—allow for multi-asset trading.

To sum up, your trading account for several assets consists of

1. Getting into the Members Area
2. Availability of the relevant platform(s)
3. Getting on the WebTrader

Like with your bank, when you open a multi-asset trading account for the first time, you will be asked to complete a short KYC (Know your Customer) process. This is so that we can verify the accuracy of the personal information you have provided and protect your funds and account information. Please be aware that our system will immediately recognize your details if you already have another account, so you won't need to go through the KYC verification process.

Your login credentials for the Members Area will be sent to you automatically via email when you register a trading account.

You can control all account operations, such as making deposits and withdrawals, seeing and taking advantage of special offers, monitoring your open positions, checking your loyalty status, adjusting leverage, contacting support, and using the trading tools provided in the Members area.

Our clients have increasing flexibility to make modifications or additions to their accounts at any time, without requiring help from their personal account managers, thanks to the services we provide and continuously enhance within the Members Area of our clients.

The login credentials for your multi-asset trading account will be the same as the login for the trading platform that corresponds to your account type. This trading platform is where you will finally execute trades. Any changes you make to your settings in the Members Area, including deposits, withdrawals, and other actions, will be reflected on the matching trading platform.

The trading platform MT5 evolved from MT4. The MT4 platform does not allow trading on stock CFDs, but it does allow trading on currencies, CFDs on stock indexes, and CFDs on gold and oil. Customers can keep using existing MT4 accounts and open another MT5 account at any moment if they choose not to open an MT5 trading account.

As you can see in the above table, Ultra Low Micro, Ultra Low Standard, and Zero Accounts have access to the MT4 platform.

The MT5 platform offers a vast array of products to its clients, including CFDs on stocks, currencies, gold, and oil, as well as stock indexes.

You can use your MT5 login credentials to access not only the desktop (downloadable) MT5 and its companion apps, but also the WebTrader.

As you can see in the above table, Ultra Low Micro, Ultra Low Standard, and Zero Account have access to the MT5 platform.

The primary distinction is that stock CFD trading is not available on MT4.

You certainly can. Any client may maintain up to eight different trading accounts.

The Members Area is where you can manage deposits, withdrawals, and any other trading account-related tasks.

X