What Account Types and Fees Does ZLK Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Custom solutions, tailored services |
Requires corporate documentation |
| Islamic Account |
Traders seeking swap-free options |
Complies with Sharia law |
Available upon request |
| Demo Account |
New traders |
Practice environment, virtual funds |
Not available currently |
Account Opening Process
To open an account with ZLK, prospective traders must complete several steps. First, they need to submit personal information, including their name, address, and contact details. Next, employment details and financial information will be required to assess the user’s trading profile. Importantly, identity verification is necessary, which entails providing a government-issued ID and proof of address. Once the account is created, users will have the flexibility to upgrade to a professional account in the future if they meet the necessary criteria.
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 pairs |
| CFDs (stocks) |
0.1% |
$5 per lot |
Varied by stock |
| CFDs (indices) |
0.5% |
$10 per lot |
Broad market coverage |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, ZLK outlines several other costs. Deposit and withdrawal fees may apply, depending on the method used. There may also be inactivity fees for accounts that remain dormant for an extended period. Users should be aware of any platform usage fees if applicable. Additionally, overnight interest, or swap rates, may be charged for positions held overnight. Lastly, currency conversion fees could apply when dealing with different currency pairs.
