Binary.com vs Z.com Trade - Trading Brokerage Comparison

Binary.com vs Z.com Trade | Online Brokerage Comparison

Binary.com vs Z.com Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
NoneMT5, Web Trader, Apps50+MFSA, VFSC
$50MT4, Apps75+FCA

Binary.com vs Z.com Trade Comparison

Z.com is a MetaTrader 4 (MT4) broker and is additionally an ECN STP broker, supporting a wide range of trading styles and offering high speed order execution.

Binary.com offers a number of online trading platforms, including a web trader and the successor platform to MT4, MetaTrader 5 (MT5). Binary.com offers an STP MT5 Advanced account. As well as this it has other accounts which include 24/7 Cryptocurrency trading on MT5.

Z.com Trade has a relatively low minimum deposit for an ECN broker ($50), though for MT5 trading, Binary.com has no minimum deposit requirement.

Binary.com is regulated by a range of bodies including the MFSA in Malta and the VFSC in Vanuatu.

Z.com Trade is regulated by the FCA in the United Kingdom.

Quick comparison

Z.com Trade is an ECN MT4 broker. Binary.com offers a range of account types, including an STP account.

Minimum deposit and key account features

The minimum deposit to use Binary.com's web trader is $5, but there is no minimum deposit to use MT5. The minimum deposit for Z.com Trade is $50.

  • Binary.com offers a range of features on its website including webinars, an Economic Calendar and TradingView. When the trader has opened their account they gain access to the SmartTrader platform and can then open MT5 accounts. These accounts can include a Standard account, an Advanced STP account and a Synthetic Indices account (different accounts can be available in different countries). The minimum trade size is 0.01 lots.
  • Z.com Trade offers three account types for retail traders, Classic, ECN and ECN Plus. The minimum deposit for the Classic and ECN accounts is $/€/£50. The minimum deposit for the ECN Plus account is $/€/£10,000. The ECN Plus account has lower commission charges. The Classic account does not have a commission charge. Z.com Trade allows scalping, hedging and EAs. Z.com Trade uses Equinix's LD4 Data Centre. All account types have a minimum trade size of 0.01 lots.
  • Z.com Trade offers an 'Educational and Analytical Portal' which provides trading strategies and signals, educational courses, the capacity to chat with an analyst, a technical and fundamental analysis feed, market analysis and news updates.

Markets

  • Binary.com offers trading on MT5 in Forex, Commodities, Indices and Cryptocurrencies, with 50+ available. It also offers 24/7 trading in simulated markets. The markets available can vary in different countries.
  • Z.com Trade offers Forex, Commodities, Indices and Cryptocurrencies, with 75+ available.

Cryptocurrency CFDs

  • Binary.com offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, DASH, EOS and Emercoin.
  • Z.com Trade offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Leverage

Maximum leverage for Binary.com on CFDs on MT5 (MFSA regulated) is . Maximum leverage for Binary.com (VFSC regulated) on CFDs on MT5 is 100:1. Maximum leverage for Binary.com on MT5 Synthetic Indices is 1000:1. Maximum leverage for Z.com Trade (FCA regulated) is .

Online trading platforms

Binary.com provides a web trader and MT5. Z.com Trade offers MT4. Both provide mobile apps.

Why Binary.com or Z.com Trade ?

Traders who want to trade with an ECN STP broker using MT4 may do so at Z.com Trade. Traders who wish to trade on platforms including MT5 can do this at Binary.com (in some countries, Binary.com offers an STP Advanced account). Binary.com has a lower minimum deposit (none for MT5), however Z.com Trade offers a relatively low minimum deposit for an ECN broker. Z.com Trade additionally offers an account type with considerably a higher minimum deposit but with lower commission charges. Binary.com does not charge commissions. Z.com Trade provides a Classic account which does not charge commissions.

Comparison summary

  • Both brokers offer CFD trading
  • Z.com Trade is an ECN STP broker
  • Binary.com can offer an STP account
  • Z.com Trade provides MT4
  • Binary.com platform offering includes MT5
  • Binary.com supports 24/7 trading
  • Binary.com has no minimum deposit for MT5
  • Z.com Trade has a relatively low minimum deposit for an ECN broker

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