Overview Of ZANK
The Official Website Of ZANK Cannot Be Opened Temporarily For Unknown Reasons, So We Can Only Collect Some Relevant Information For Reference Only.
ZANK Is A Broker Located In China That Offers A Variety Of Financial Instruments To Traders. Traders Can Access VIP, Pro And Classic Account Types For Currency Trading Through The Meta Trader 4 Platform. If You Have Any Questions Or Need Help, You Can Contact The Company Via Support@zkmt4.com.
Is ZANK Legal?
ZANK Is Beyond Its Business Scope. It Is Beyond The Business Scope Of ASIC Australia (license Number: 246943) And Does Not Have An Investment Advisory License With A Foreign Exchange License. Please Be Aware Of The Risks. Traders Are Advised To Thoroughly Research And Consider The Regulatory Status Of The Broker Before Engaging In Trading Activities In Order To Ensure A Safer And More Reliable Trading Experience.
Pros And Cons
ZANK Offers A Number Of Options To Clients Who Wish To Access International Markets. In Addition, The Use Of The Popular Meta Trader 4 Platform Enhances The Accessibility And Familiarity Of Traders. However, The Lack Of Regulatory Oversight Raises Concerns About Transparency And Investor Protection. In Addition, Limited Customer Support Options, Primarily Via Email, May Hinder Efficient Resolution Of Issues Or Queries.
Account Types
Classic Account: Tailored For Experienced Traders, The Classic Account Also Boasts A Maximum Leverage Ratio Of 1:500, Consistent With Its Congeneric Products. This Account Is For High Volume Traders With A Minimum Deposit Requirement Of $10,000. Minimum Spreads Start From 1.4 Pips. Position Sizes Are As Flexible As Other Accounts With A Minimum Of 0.01, Ensuring Detailed Control Over Trade Size And Risk Exposure.
Professional Account: The Professional Account Is An Upgraded Option For Serious Traders, Offering A Maximum Leverage Ratio Of 1:500, The Same As The VIP Account. However, It Requires A Larger Capital Commitment With A Minimum Deposit Requirement Of $50,000. Transaction Costs Are Managed Reasonably With A Minimum Spread Of 0.8 Pips And A Minimum Position Size Of 0.01 Is Shared With The VIP Account, Balancing Potential And Accessibility.
VIP Account: This Account Offers Traders Impressive Financial Leverage Up To 1:500. Interested Traders Need To Make Large Investments With A Mandatory Minimum Deposit Requirement Of $100,000. It Offers An Extremely Low Minimum Spread Of Only 0 Pips, Indicating That Trade Execution Is Cost-effective. In Addition, This Account Allows Trades To Be Executed With A Minimum Position Size Of 0.01, Adapting To Precise Trading And Risk Management.
Leverage
ZANK Allows Clients To Trade Using A Maximum Leverage Ratio Of 1:500. A Leverage Ratio Of 1:500 Means That Traders Can Control Position Sizes That Are 500 Times Larger Than The Initial Capital In Their Account. It Is Important To Note That While Higher Leverage Ratios May Lead To Greater Potential Returns, They Also Increase Trading Risk As Losses Can Accumulate Quickly.
Trading Platform
ZANK Provides Its Clients With The MT4 Trading Platform, Which Is Widely Used In The Forex And CFD Markets. By Providing The MT4 Platform, ZANK Enables Its Clients To Trade A Wide Range Of Tradable Instruments, Including Currencies, Stocks, Indices, And Commodities, Through A User-friendly Interface. MT4 Offers Advanced Charting Tools, Technical Analysis Indicators, And Automated Trading Features, Making It The First Choice For Many Traders, Especially Those Involved In The Forex Market.
CUSTOMER SUPPORT
ZANK Provides Customer Support Primarily Via E-mail Support@zkmt4.com.
CONCLUSION
In Summary, Ranger Capital Offers Traders A Variety Of Trading Tools And Account Types, As Well As The Widely Used Meta Trader 4 Platform, Which Facilitates Flexible And Convenient Trading Opportunities. However, Lack Of Regulatory Oversight Can Create Latent Risks That Can Hinder Efficient Resolution Of Issues. In Addition, Lack Of Educational Resources And Unclear Company Policies Can Create Challenges For Traders Seeking Comprehensive Guidance.
