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How to Forex Trade on iPhone With the ZFX Mobile App

If you re a newbie in the foreign exchange market, you may be wondering how to use the ZFX app on your iPhone. This mobile app is a great way to make a living by trading currency pairs. However, it does have its shortcomings. It does not accept US residents or citizens. Its website also lacks real research support. It also has a very high entry threshold for beginners, at least $1,000.

In the UK, ZFX is a registered company under the Financial Conduct Authority, and holds retail forex and STP licenses from the Financial Services Authority of Seychelles. The company s website is regulated by the Financial Conduct Authority. It also has offices in various parts of the world. It offers over a hundred financial instruments, and has been in business for more than 5 years. It offers mobile trading apps for both iPhones and tablets.

When it comes to trading fees, ZFX doesn t charge any fixed commissions. The commissions depend on the type of account and the currency pair you re trading. ECN accounts have the tightest spreads, while Standard STP and Mini Trading Accounts have the widest spreads. Traders should be aware of bank fees and payment system fees. Although depositing and withdrawing money are free, withdrawals may be subject to a swap commission, which is charged when positions are transferred to the next trading day.

When trading with ZFX, you ll get access to its MT4 mobile platform, which provides easy-to-use features for beginners and experienced investors. You ll be able to access all the same information you d get on your computer, including charts, quotes, and account balance information. You can even access news and economic calendars from your phone. ZFX provides both iOS and Android versions of their MT4 trading platform.

ZFX has a huge selection of currency pairs and other financial instruments. You can trade in up to 64 different forex pairs, 10 commodities, 35 stocks, 15 indices, three cryptocurrencies, and much more. You can also choose from a wide range of CFDs, or contracts for difference, which give you significant leverage for trading. These instruments are popular for short-term trading and are available for the iPhone.

MetaTrader 4 for iOS allows you to analyze quotes from hundreds of brokers and thousands of servers. You can also analyze the charts with up to 50 technical indicators, which are designed to help you make informed decisions. The mobile app also has an economic calendar, data release alerts, and a risk scanner. With MetaTrader 4, you can use any of your existing trading devices to execute transactions on the market. In addition to MetaTrader 4, ZFX has a few additional features for traders that make trading on the go very easy.

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