Overall Z.com TRADE is considered low-risk with an overall rating of 8.9 out of 10. Z.com TRADE is authorized and regulated by the FCA and offers leverage up to 1:200 and from 0 pips.
Z.com TRADE at a Glance
| 🔎Broker's Name | Z.com Trade |
| 📍 Headquartered | London, United Kingdom |
| 📅 Year Founded | 2012/2013 |
| ⚖️ Regulating Authorities | FCA, SFC, JFSA |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:200 |
| 💰 Minimum Deposit | No Minimum Deposit |
| 💳 Deposit Options | Wire Transfer, Credit Card, Debit Card, PayPal, WebMoney, Neteller, Skrill, Trustly |
| 💳 Withdrawal Options | Wire Transfer, Credit Card, Debit Card, PayPal, WebMoney, Neteller, Skrill, Trustly |
| 💻 Platform Types | MetaTrader4 |
| 📱 OS Compatibility | Windows, Web, Android, iPhone, iPad. |
| 📈 Tradable assets offered | Forex, Spot Metals, Indices, Oil, Soft Commodities |
| 👨💼 Languages supported on Website | English, German, Polish, Russian, Ukrainian |
| 👥 Customer Support Languages | English, Russian, Chinese (Simplified), Chinese (Traditional) |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 0
Regulators
FCA, SFC, JFSA
Trading Platform
WebTrader, Mobile, Super Chart
Crypto
Yes
Total Pairs
55+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Z.com TRADE Review – 20 key points quick overview:
Z.com TRADE Overview
According to research in South Africa, Z.com TRADE is a global brand of the Tokyo-headquartered GMO CLICK Group, one of the world’s largest retail forex providers.
It operates since 2011 and was rebranded in 2015.
Z.COM TRADE UK Limited is regulated by the Financial Conduct Authority (FCA) and the GMO Internet Group is a Tokyo Stock Exchange-listed company.
Z.com TRADE Safety and Security
One of the best benchmarks to measure the safety of a broker like Z.COM TRADE is to establish which regulating authorities are watchdogs over its actions.
Z.COM TRADE is authorized and regulated by the FCA in the UK, SFC, and JFSA.
Its parent company, GMO CLICK Holdings Inc., is listed on the Tokyo Stock Exchange.
Z.com TRADE Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.
Z.com TRADE offers a maximum leverage ratio of 1:200 for professional clients but only 1:30 for retail clients.
Z.com TRADE Accounts
A forex account at Z.com TRADE is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.
Z.COM TRADE offers the following types of accounts:
Classic Account
The classic account requires a minimum deposit of $10 000 / R 17 1718 in any USD, EUR, or GBP. Leverage up to 1:30 can be used and the minimum trade size is 0.01 lots. Spreads are floating starting at 1 pip, with no added commission.
ECN Account
The ECN account requires the same minimum deposit of $10 000 / R 17 1718 in a base currency of USD, GBP, or EUR. This account has a leverage ratio of 1:30, a floating spread starting at 0 pips, and added commission of $4 per lot traded.
ECN Plus Account
This account requires a deposit of $10 000 / R 17 1718 or a trading volume of 100 million. A leverage of 1:30 can be used and the minimum trade size is 0.01 lots. It can be held in USD, EUR, or GBP, and spreads start from 0 pips. The commission is 2.5 per lot traded.
Min Deposit
USD 0
Regulators
FCA, SFC, JFSA
Trading Platform
WebTrader, Mobile, Super Chart
Crypto
Yes
Total Pairs
55+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Z.com TRADE Market instruments
The most popular market instruments available from most brokers for trading include:
Forex
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodities
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices
Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a set of the largest companies in a nation.
Precious metals
The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.
Energy
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.
Cryptocurrencies
Bitcoin (BTC) is the digital currency with the largest market capitalization.
Litecoin (LTC) is similar to Bitcoin but differs in terms of scalability
Ripple (RPL) is popular among big banks with the Ripple network a next-generation real-time gross settlement system.
Ethereum (ETH) is the second largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform.
Bitcoin Cash (BCH) was created by the Bitcoin hard fork in 2017 as a new version of the blockchain with different rules.
Z.COM TRADE offers the following of the above: at least 59 Forex major, minor and exotic pairs, 7 Commodities and 11 Indices, and Binary Options.
Z.com TRADE Fees
Cost depends on different factors, like spread and margins, and Z.com TRADE clients may also experience different fee structures according to their country or place of residence.
The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.
Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.
Z.COM TRADE offers fixed spreads with no commission, and there are no deposit fees.
The spread for Forex Majors seems to be 0.1 for EUR/USD, 0.6 for GBP/USD, and 0.2 for USD/JPY.
Withdrawal fees depend on the payment method, and Z.com TRADE accounts are charged a $4.00 / R 69,12 commission per side for the ECN Account and $2.50 / R 43.82 per side for the ECN Plus/Professional Account.
Z.com TRADE Deposit and withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can generally be done in the same ways, but sometimes differ.
In the case of Z.COM TRADE clients can open accounts in USD, GBP, or EUR and fund them by:
Wire Transfer
Credit Card
Debit Card
PayPal
WebMoney
Neteller
Skrill
Trustly
The minimum deposits required for the respective accounts seem to be $10 000 / R17 1718, although some sources suggest that there is no minimum deposit requirement.
Z.COM TRADE does not charge a deposit fee, but withdrawals may incur additional fees. Card transactions carry at least a 2.6% fee.
Z.com TRADE Trading platforms
The forex trading platform provided by Z.COM TRADE to its clients is in essence the software to carry out their trades. Some brokers provide only one, and others quite a few platforms.
Z.COM TRADE provides MetaTrader4 and MetaTrader 4 apps for Android and iOS.
This platform enables trading through almost any device with convenience and ease and traders can connect their FIX APIs, as well as choose the true Multi-Asset and Algo-ready platform, Auton.
How to open a Z.com TRADE Demo account step by step
Opening a demo account with Z.com TRADE is a relatively simple process, which will consist of the following steps:
Step 1 – Open Your Account
Visit the Z.COM TRADE website, Click on “Try Free Demo” in the bottom right-hand corner of the website
Step 2 – Fill out the form
- You will be prompted to select your country of residence, password, and email.
- Select the option to open a demo account, and complete the registration form
Step 3 –Submit your Registration
- Once you have read and accepted the terms and conditions, you can submit your registration form
- Upon acceptance of your demo account registration, the broker will send you a link to open your free demo account and start risk-free practice trading
Min Deposit
USD 0
Regulators
FCA, SFC, JFSA
Trading Platform
WebTrader, Mobile, Super Chart
Crypto
Yes
Total Pairs
55+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Z.com TRADE Customer support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.
In the case of Z.comTRADE customers can reach the support team by means of phone, chat, email and call-back option support are available in English, German, Polish, Russian and Ukrainian, daily between 09:00 and 17:00.
Z.com TRADE Education
Before starting to trade, potential clients of Z.com TRADE should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.
Z.com TRADE does not offer any visible educational options on its website.
Z.com TRADE Research
To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitably as possible.
With Z.com TRADE they don’t have access to many visible research options on the Z.comTRADE website.
Z.com TRADE Awards
Being an awarded company instills extra confidence in traders. Although Z.COM TRADE is acclaimed by customers, there is no indication of awards won on its homepage.
Z.com TRADE Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “Z.com Trade” is entered into Google’s search engine over a given period of time.
Z.com TRADE vs Etoro vs XM – A Comparison
| 🔎 Broker | 🥇 Z.com TRADE | 🥈 eToro | 🥉 XM |
| 💰 Minimum Deposit | No Minimum Deposit | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | ☑️ Yes | ☑️ Yes | ☑️ Yes |
| ➖ Min. Spread | from 0.0 to 0.1 | 3 | 1 |
| ➕ Max. Leverage | 1:200 | 1:400 | 1:888 |
| 💵 Currency Pairs | zero | 47 | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Z.com TRADE Pro and Cons
| ✔️ Pros | ❌ Cons |
| Properly regulated | Low leverage for retail clients |
| The parent company is listed on Tokyo Stock Exchange | Little to no research and educational content on the website |
| In operation since 2011 |
Conclusion
Overall, Z.com TRADE is a trustworthy and reliable broker that provides traders with ample digital tools. Z.com TRADE provides MetaTrader4, as well as MetaTrader 4 apps for Android and iOS.Z.com TRADE, which is authorized and regulated by the FCA in the UK, SFC, and JFSA.
Disclaimer
Z.com TRADE warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.
Before deciding to trade with Z.COM TRADE, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
Z.COM TRADE warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence Z.COM TRADE cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Z.com TRADE Risk Management
Z.com Trade is an online trading platform offered by GMO Financial Holdings, Inc. for financial products such as forex and contracts for difference (CFD).
In terms of risk management, Z.com Trade offers the following features:
- Margin trading: Allows traders to trade on leverage, but also increases risk. Z.com Trade provides margin call alerts to inform traders of any potential margin issues.
- Negative Balance Protection: Ensures that the trader’s account balance cannot go below zero, even in cases of extreme market volatility.
- Stop Loss Orders: A tool to automatically close a trade when a certain price is reached to minimize losses.
- Take Profit Orders: A tool to automatically close a trade when a certain price is reached to lock in profits.
It is important to note that trading carries inherent risks, and it is up to the individual trader to properly manage their risks through the use of these tools and their own risk management strategy.
Frequently Asked Questions
Trading environment
How many instruments can I trade with Z.COM TRADE?
You can trade several different instruments with Z.COM TRADE, which include:
- Forex
- Spot Metals
- Indices
- Oil
- Soft Commodities
Which platforms are supported by Z.COM TRADE?
Z.COM TRADE provides the popular MetaTrader4 trading platform.
Does Z.COM TRADE offer leverage?
Yes, Z.COM TRADE offers maximum leverage of up to 1: 200
Does Z.COM TRADE charge commission?
More information on commissions can be obtained from the customer support service.
What is the overall rating out of 10 for Z.COM TRADE?
7/10
