Z.Com Trade is the global brand of the Japan-based GMO Financial Holdings Inc., which is regarded as the world’s largest retail forex provider by volume since 2012, with more than $1 trillion traded monthly. They are listed on the Tokyo Stock Exchange. Z.Com Trade offers forex, commodities, indices, cryptocurrency, metals, and energies for trading online. They operate the straight-through processing (STP) execution model without a dealing desk intervention. Spreads start from just 0 pips on ECN accounts.
Z.com Trade Review Introduction
In this Z.com Trade review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Z.com Trade.
Z.Com Trade Platforms & Tools
Z.Com Trade provides clients with the popular and user-friendly MetaTrader 4 (MT4) trading platform, which is considered the ‘gold standard’ by forex traders. The MT4 platform multiple charting styles and supports automated trading through the use of Expert Advisors (EAs). It is available as a WebTrader, desktop applications for Windows and Mac computers, and mobile trading apps for Android and iOS devices.
Clients are also provided with the FIX API connectivity for flexible access to the liquidity providers and high-speed trading, which is more favorable for automated trading solutions. The broker has a selection of standalone trading tools, such as Market News & Updates, Economic Calendar, and Technical & Fundamental Analysis Feed.
Z.Com Trade Research & Education
The broker provides clients with educational materials to improve their trading skills and knowledge. These include trading video tutorials, trading courses, and a lot more.
Z.Com Trade Trading Accounts
Z.Com Trade offers a selection of different account types to suit traders’ needs. All accounts use the STP execution model. The account types are:
- Classic Account: This has a required minimum deposit of $50. It offers no-commission trading with variable spreads that start from 1 pip on major FX pairs.
- ECN Account: This is best suited for more experienced traders. It has direct market access (DMA) and spreads starting from 0 pips. The required minimum deposit to operate this account type is $50, while a commission of $2.5 per lot is charged on trades.
- ECN Plus Account: This is geared towards professional traders who want to trade larger volumes and save costs. It has a required minimum deposit of $10,000, while the commission is $2.5 for FX, Gold, and Silver, with no commission for other commodities and indices.
- Professional Account: This is the account type for clients who qualify as professional clients. It has variable spreads from 0 pips and a $2.5 commission charge on FX, Gold, and Silver.
All accounts can be managed easily through the secure online client portal, where you can check your account details and deposit or withdraw funds.
Z.Com Trade Account Funding
Z.Com Trade has a range of local and international payment options to securely deposit and withdraw funds to and from your trading account. These include bank wire transfer, credit/debit cards, and online payment processors, such as Neteller, Skrill, Trustly, and more. The transaction processing time varies with the payment methods.
Z.Com Trade Customer Service
The broker offers a customer support team who are prompt in response. They can be reached via telephone, email, and online chat.
Z.Com Trade Regulation
Z.Com Trade is the service name of GMO-Z.Com Trade UK Limited, an affiliated company of GMO Financial Holdings Inc. that is authorized and regulated by the Financial Conduct Authority (FCA). The Hong Kong-based Z.Com Trade HK is regulated by the Securities and Financial Service Commission (SFC).
Z.Com Trade Review Summary
Z.Com is a well-established online broker that provides clients with secure and powerful trading platforms, with reliable execution and tight spreads. They offer a good selection of tradable assets, multiple account types to suit individual needs, as well as multiple payment methods.
It is worth mentioning that some of the trading products and services in this Z.com Trade review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Z.com Trade broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.