FAQ

What is Forex ?

Forex is short for 'foreign exchange' (sometimes abbreviated to just FX) and is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.

How do I create a demo account on zForex ?

If you haven’t created an account with Z yet choose your account type and then upload your ID documents and create a demo account.You can start without risk and money.

How can I open a real account with zForex ?

Opening an account with us is easy. Just enter your details on create account , upload one government photo ID (e.g. passport, drivers licence) and a recent proof of address (utility bill or bank statement) that matches your application, and you should be all set to be approved by our accounts team.

How can I verify my account ?

Valid identity document can be one of these: National identity card with photo, colored, Valid passport, Driving License Proof of Address Utility Bill, Tax Bill, Bank Statement that includes name and address.

How much is your minimum deposit?

Putting you first, there is $5minimum amount to deposit. In addition, the amount may depend on the provider method you use.

What are your modes of payment/deposit ?

We strive to provide our clients with the best service we can by offering different kinds of payment methods.

How long will it take for my deposit to be posted on my account ?

If you fund using Visa or Mastercard, your deposit should be credited to your account instantly, If using a bank wire internationally, the average is 2-3 business days. However, depending on which country you’re depositing from, the process can typically take up to 5 business days.

What is a Stop Loss and Take Profit ?

A Take profit (TP) is an order that you tell or send to your broker, informing them to close your position or trade when the price reaches a specified price level in profit. Stop-loss is a trade order to sell a currency when the price reaches or falls below the specified price. This is used to limit loss, usually when the trader cannot actively monitor the price.

What are Swaps ?

A swap rate in currencies is simply an overnight finance cost that is either received or paid on positions held overnight. They are calculated by our prime broker and liquidity providers and based on current market conditions and risk analysis. It is worth noting that Fusion Markets does not have any control over these rates but strives to only work with providers with the most competitive rates.

What is a margin call ?

A margin call refers to when a trader no longer has any usable/free margin. In other words, the account needs more funding or for positions to be reduced or closed. If your margin level reaches 20%, you will officially be in a margin call, the MT5 platform will attempt to automatically stop out your position/s to try to avoid any negative balances.

I FORGOT MY PERSONAL AREA PASSWORD. HOW CAN I RESTORE IT ?

Enter your registration email address, and click 'Restore password'. A restoration link will be sent by email. Follow this link, enter a new password twice and click the 'Submit' button. Use your email address and new password to log in or contact to support team .

What is a CFD ?

The contract for difference (CFD) is a popular form of derivative trading. CFD trading enables you to speculate on the rising or falling prices of fast-moving global financial markets (or instruments) such as shares, indices, commodities, currencies and treasuries.

What are the working hours of Forex market ?

24-hour market from Sunday 5:00 PM ET to Friday 5:00 PM ET, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, then London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.

Can I become a partner of yours ?

We have several partnership programs that you choose, depending on which one suits you well. We have Introducing brokers, Affiliate program and Refer a friend.

Example

Refer a friend - Ideal for traders who wish to refer friends or other interested traders.

IB Partner - designed for those who want an ongoing commission for clients that they refer to Fusion.

Affiliate program - Ideal for affiliate networks, email marketers, media buyers, website publishers and social media influencers.

To know more about this e mail us.

WHAT IS YOUR SPREAD  ?

This means our spreads vary according to the market situation.