Zara FX-Overview of Minimum Deposit, Leverage, Spreads

General Information

Zara FX is an online forex broker registered in the United Kingdom, providing traders access the global forex market through a powerful platform for both retail and institutional customers. Zara FX allows its traders to have access to currencies, commodities, CFDs and more. Besides, this brokerage offers both live ECN accounts and Micro accounts to satisfy different traders trading preference.

Market Instruments

Zara FX offers its clients access to a bulk of trading assets. Different asset types, including Forex, Cryptocurrencies, and commodities are all available through the brokerage platform. Traders can choose among them based on their trading preference.

Account Types

Zara FX offers tiered trading accounts for both retail and professional traders. Four trading accounts are available: Starter, VIP, Business, and Professional. Minimum initial deposit for each account is not disclosed yet. While demo account options are available with all these four account types. Deposit Currency accepted is USD currency.

Leverage

The maximum trading leverage offered by Zara FX is up to 1:500, a generous offering. High leverage is ideal for active traders and scalpers, as it presents more overall trading flexibility, which directly impacts profitability. However, for inexperienced traders, it is important for them to select the level of leverage that they feel most at ease with.

Spreads & Commissions

Spreads and commissions are determined by trading accounts you are holding. With Starter account, spreads start from 3.0 pips, VIP account from 1 pips, Business accounts from 1.6 pips, Professional accounts from 0.8 pips.

Commission are charged differently depending on different instruments. The commission for forex trading is $4 per lot, Indexes, Spot Metals and Spot Commodities $5 per lot, Cryptocurrency 0.15%, Shares Asia 0.4%, Shares US $10, Shares Russia 0.4%.

Trading Platforms Available

In terms of trading platforms, customers can choose between market leaders MetaTrader4 and MetaTrader5, as well as mobile trading platforms and MT4 WebTerminal, which can be accessed from any device.

Copy Trading

Aside from MT4 and MT5 trading platforms, Zara FX also offers copy trading for traders to duplicate other successful traders trades to increase their profitability.

Deposit & Withdrawal

Credit/debit cards, eWallets including Skrill, Neteller, Perfect Money, and online/local bank transfers are all options for funding your account. The Payment Page on the website is where you make your payment.

No fees are charged for immediate deposits and withdrawals utilizing a variety of electronic payment systems that allow you to fund your trading account at your own pace.

Customer Support

Zara FX offers 7x24 customer support to solve its clients trading clients with any trading related problems, and they can be contacted through online chat, as well as telephone: +9715888876865. There is also a web form for you to fill out some basic information, then waiting to be connected.