This article will introduce the functions of foreign currency account and the procedures for account opening. It will also explain the differences between a general foreign currency account and a forex account, which is mainly used for currency trading.
ZFX offers two types of accounts: STP and ECN. Aside from the differences in spread and commission, the two account types also process client orders in different modes through different platforms. This article will introduce to you the differences between STP and ECN.
If you are interested in starting forex trading or CFDs trading, choosing the right broker is the first step. In this article, ZFX will explain to you the different types of forex brokers in detail, so you can choose the best one as you start trading forex.