A demo account is a simulated trading account provided by brokers that allows you to practice trading with virtual money under real market conditions, but without risk.
A cent account is a type of trading account offered by some Forex brokers that displays balances and transaction sizes in cents rather than dollars (or euros, etc.).
The STP here is an abbreviation of, “Straight Through Processing”, and it means that trade orders go directly to liquidity providers (brokers and/or banks).
An ECN (Electronic Communications Networks) Trading Account deals directly with interbank trading prices through connecting you to other market participants.
Opening an account with ZFX is an easy process, which can be completed in minutes. First, click the ‘Open a Live Trading Account’ button. This will take you to the registration page, where you can fill in your personal details (name, phone number, date of birth etc.). Then you choose a password and enter your account for the first time. Later, you will need to take some additional steps to verify your identity and withdraw funds – but for now, your new account is all set up!