CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
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ZFX Account Types

With the rand often weaker against the US dollar, South African traders should weigh ZFX's Mini, Standard STP and ECN minimum deposits ($50/$200/$1,000) against their ZAR budget before choosing.

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Min deposit $50  ·  Up to 1:2000  ·  Rating 4.0/5

ZFX offers three account types: Mini ($50 min. deposit, spreads from 1.5 pips), Standard STP ($200 min. deposit, spreads from 1.3 pips) and ECN ($1,000 min. deposit, spreads from 0.0 pips plus $7/lot commission).

ZFX account types compared

ZFX account types

AccountMin. depositSpread fromCommission
Mini$501.5 pips$0
Standard STP$2001.3 pips$0
ECN$1,0000.0 pips$7/lot

Starting on the Mini account lets South African traders limit their initial USD exposure while learning the platform.

Frequently asked questions

Which ZFX account has the lowest spreads?
The ECN account, with spreads from 0.0 pips plus a $7-per-lot commission.
What is the minimum deposit for a ZFX account?
The Mini account has the lowest minimum deposit, from $50.

Related ZFX pages