What Account Types and Fees Does Zheshang International Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Ideal for small-capital practice |
| Professional Account |
Experienced traders and institutions |
Higher leverage, lower spreads |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients and businesses |
Customizable services, multiple trading accounts |
Requires corporate documentation and verification |
| Islamic Account |
Traders requiring swap-free trading |
Complies with Sharia law, no swaps |
Available to eligible Muslim traders |
| Demo Account |
New and novice traders |
Practice trading with virtual funds, risk-free |
Available for all users to test strategies |
Account Opening Process
To open an account with Zheshang International, prospective clients will follow a straightforward process that includes:
1. Personal Information Submission: Fill out a registration form providing personal details such as name, address, and contact information.
2. Employment Information: Provide details regarding your employment status, occupation, and income sources.
3. Financial Information: Disclose financial background, including trading experience and intended trading volume.
4. Identity Verification: Submit identification documents such as a government-issued ID and proof of address (e.g., utility bill or bank statement).
5. Account Flexibility: Users can upgrade from a retail to a professional account later if they meet the trading volume requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive for major currency pairs |
| CFDs (Stocks) |
0.1% |
$5 per lot |
Varies by stock |
| CFDs (Indices) |
0.5% |
$4 per lot |
Includes major global indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, Zheshang International may charge for the following:
– Deposit/Withdrawal Fees: Fees may apply depending on the payment method used for deposits and withdrawals.
– Inactivity Fees: A fee may be charged if the account remains inactive for an extended period.
– Platform Usage Fees: Certain advanced features or tools may incur additional costs, depending on the account type.
– Overnight Interest (Swap Rates): Applicable for positions held overnight, varies based on market conditions and account type.
– Currency Conversion Fees: Charges may apply for trading in currencies other than the account’s base currency.
