If you re interested in trading forex, the first thing to remember is that there is no free lunch in the forex world. You must put in a certain amount of money every trade, regardless of size. A standard STP trading account, for example, requires a minimum of $1500. This kind of leverage allows you to increase your profits, but also your losses. Upon joining ZFX, you will be required to register, and you will be sent a password and verification code. You ll also need to provide additional personal information for KYC and AML compliance.
The first step to becoming a successful forex trader is to create an account. You can do this online, and you ll be able to verify your identity and deposit funds. You will also need to download the ZFX trading platform. Once you have an account, you can start trading. You should never use more than 1% of your account balance, and you should always set a stop loss order in case you lose a lot of money. If you re not sure if you want to take on more money, you can start with $100, then work your way up to $500, and then $5,000. This is an excellent starting point and can eventually lead to a decent income.
Zeal Capital Market UK Limited is a licensed and regulated Forex broker. The company is headquartered in the UK, and is regulated by the Financial Conduct Authority. It is also licensed by the Financial Services Authority of Seychelles and is a member of the Zeal Group. You can find out more about ZFX by reading our review below. Just be sure that the company you choose has a legitimate license.
ZFX offers a range of platforms, including the MetaTrader 4 desktop and mobile platforms. It supports a variety of technical indicators and charting, and its one-click trading platform allows you to place trades with a single click. It s important to note, however, that ZFX does not offer web terminals for its clients, so you ll need to download MetaTrader 4 and install it on your PC. You ll also have access to daily market overviews and analysis.