Compare eToro vs Z.com Trade

Compare eToro vs Z.com Trade

eToro vs Z.com Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$200Web Trader & Apps1000+FCA, CySEC, ASIC
$50MT475+FCA

eToro and Z.com Trade Comparison

eToro and Z.com Trade could be seen as having different approaches when catering to traders. Z.com Trade chooses an ECN model. It aims to give traders low Forex spreads, sourced from the Interbank market, and adds a commission charge, free from restrictions on trading styles. eToro chooses a social trading model. It aims to give traders the opportunity to inform their trading with the view of others, or even automate this process, by copy trading (copying other traders' trades on eToro's network).

In common with other ECN broker, Z.com Trade has a core group of markets available. eToro has considerably more, and a wider range. Z.com Trade, as might be imagined, is an MT4 broker (thus including support for trading automation available on this platform). eToro provides a web trading platform built around its themes: trading, copy trading and thematic trading. Like Z.com Trade, it offers a range of charting tools for technical analysis. Both are regulated by the FCA in the United Kingdom. eToro is additionally regulated by the CySEC in Cyprus and the ASIC in Australia.

Quick comparison

eToro supports a range of trading styles, including copy and social trading on its platforms. Z.com Trade is an ECN broker, using Equinix infrastructure, and has trading without or without a commission charge.

Minimum deposit and account types

The minimum deposit for eToro is $200. The minimum deposit for Z.com Trade is $/€/£50.

  • eToro is a Social Trading Network which supports trading, social trading and auto trading by copying other traders (or being copied) and provides products based on this network. 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 minimum trade size is 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

  • eToro offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks, ETFs and Bonds, with 1000+ available.
  • Z.com Trade offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 75+ available.

Cryptocurrencies

  • eToro provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, NEO, IOTA, EOS, Cardano, Stellar, Ethereum Classic, TRON, Zcash and Binance Coin.
  • Z.com Trade provides Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash CFDs.

Spreads and leverage

  • eToro's typical spreads are 3 for EUR/USD, 1 for UK100, 0.45 for Gold and 0.05 for US Oil.
  • On Z.com Trade's Classic account, spreads are variable from 1.0 for EUR/USD. On Z.com Trade's ECN accounts, spreads are variable, with a typical spread of 0.1 for EUR/USD, 1.5 for UK100, 0.09 for Gold and 0.03 for US Crude Oil.

Maximum leverage for eToro is . Maximum leverage for Z.com Trade is .

Commission charge

  • Z.com Trade does not charge commissions on its Classic account for Forex, or for Indices or Commodities. For Forex on its ECN account it charges commission of $4 per lot per side, and $2.5 per lot per side on its ECN Plus account.

Platforms

eToro offers a web trader and apps on tablet and mobile. Z.com Trade provides MT4, available on desktop, tablet and mobile.

Another quick comparison

eToro has a platform which features social and copy trading. Z.com Trade provides MT4 and offers ECN trading.

Comparison summary

  • Both brokers allow trading automation, in different ways
  • Z.com Trade offers automation tools available on MT4
  • eToro offers trading automation via copy trading on its platform
  • Z.com Trade can provide fast ECN caliber execution across a core group of markets
  • Z.com Trade can provide low Forex spreads plus a commission charge
  • eToro does not charge commissions for Forex trading
  • Z.com Trade can also offer variable spread trading without a commission charge, on one of its accounts
  • eToro has a web trader with a range of social trading tools
  • Both provide charting to enable technical analysis
  • These brokers are both FCA regulated
  • eToro is additionally CySEC regulated and ASIC regulated

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