What Account Types and Fees Does Zeven Global Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Demo Account |
Novice traders |
Risk-free environment for practice |
No minimum deposit required |
| CENT Account |
Beginner traders |
Low minimum deposit, commission-free |
Ideal for small-capital practice |
| Standard Account |
All levels |
Low spreads, commission-free |
Suitable for diverse trading strategies |
| PRO ECN Account |
Experienced traders |
Tight spreads, low commissions |
Requires higher trading volume |
| Institutional Account |
Corporate clients |
Exclusive services, higher minimum deposit |
Requires corporate documentation |
| VIP Account |
High-net-worth individuals |
Premium features, low commissions |
Higher minimum deposit required |
Account Opening Process
To open an account with Zeven Global, follow these steps: 1. Visit the Zeven Global website and click on the ‘Register’ button located at the top right corner of the main page. 2. Complete the registration form by providing necessary personal, employment, and financial information. 3. Submit identity verification documents, including a valid ID and proof of address. 4. After approval, you can adjust your account settings and begin trading. Note that account flexibility allows for potential upgrades to professional accounts later on.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
From 1.0 |
$0 |
Low spreads for major pairs |
| CFDs (Stocks, Indices) |
From 1.0 |
$0 |
Competitive rates for various assets |
| Cryptos (BTC/USD) |
Variable |
0.1% |
Dependent on market conditions |
Other Fees
Traders should be aware of additional costs that may be incurred, including: – Deposit and withdrawal fees may apply depending on the method used. – Inactivity fees can be charged if the account remains dormant for an extended period. – Platform usage fees may be applicable if specified. – Overnight interest (swap rates) may be incurred on positions held overnight, depending on the asset class. – Currency conversion fees might apply for trades involving different currencies.
