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Verification

The process of submitting identity documents to activate a live trading account. Zentrader accepts passports, ID cards, and driver’s licences.

Related Terms

Live Account A trading account funded with real money, as opposed to a demo account. Short Position A position that profits when the price of the asset falls. Equivalent to selecting "Low"… Confirmation (Trade) A screen displayed before a trade is executed, showing the trade parameters. Can be bypassed… Drawdown The peak-to-trough decline in account balance. Used to measure risk and the impact of losing… Profit The money earned on a winning trade. In binary options, profit = payout amount minus… DAI A decentralised stablecoin cryptocurrency pegged to the US dollar. Accepted as a deposit and withdrawal…

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