FOREX.com vs Z.com Trade Comparison

FOREX.com vs Z.com Trade Comparison
FOREX.com vs Z.com Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$50MT4, Advanced Trading Platform, Web Trader300+FCA, ASIC, CFTC, IIROC, SFC, CIMA, FSA
$50MT475+FCA

FOREX.com and Z.com Trade Comparison

FOREX.com and Z.com Trade have a number of differences, however each offers MT4 and have the same relatively low minimum deposit.

Z.com Trade is an ECN broker, which charges commissions for Forex (and offers lows spreads) except on its Classic account, where it offers trading without a commission charge.

FOREX.com provides a range of platforms including a user friendly web trader and its Advanced Trading Platform, as well as MT4. Each support automated trading with robots.

Both brokers are regulated by the FCA in the United Kingdom. FOREX.com is additionally regulated by the ASIC in Australia, the CFTC in the United States, the IIROC in Canada, the SFC in Hong Kong, the CIMA in the Cayman Islands and the FSA in Japan.

Quick comparison

FOREX.com offers trading on a range of platforms including MT4. Z.com Trade offers ECN trading on MT4.

Minimum deposit and account types

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

  • FOREX.com offers Forex and CFD trading. The minimum trade size is 0.01 lots. It has an Economic Calendar, Market Research and a news feed on its platforms, offers Autochartist and Trading Central and has a Trader Education course on its website.
  • Z.com Trade offers three account types for retail traders, Classic, ECN and ECN Plus. The minimum trade size is 0.01 lots. 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.
  • 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

  • FOREX.com offers Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities and Stocks, with 300+ available.
  • Z.com Trade offers Forex, Indices, Energy, Metals and Cryptocurrencies, with 75+ available.

Cryptocurrency CFDs

  • FOREX.com offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
  • Z.com Trade offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

FOREX.com provides Forex spreads from 0.8 without a commission charge. Z.com Trade provides low Forex spreads plus a commission charge and Forex spreads from 1 without a commission charge.

The maximum leverage for FOREX.com is . The maximum leverage for Z.com Trade is .

Commissions

  • FOREX.com does not charge commissions, except for Shares CFDs.
  • 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.

Online trading platforms

FOREX.com offers the Advanced Trading Platform, Web Trader, MT4 and apps. Z.com Trade offers MT4 and apps.

Why FOREX.com or Z.com Trade ?

Those who want to trade with an ECN broker on MT4 can do so at Z.com Trade. Trader who want to trade on a range of platforms, including MT4, a user friendly web trader and the Advanced Trading Platform, may so this at FOREX.com. Traders may trade with EAs at either broker.

Comparison summary

  • Both brokers provide CFD trading
  • Each offers MT4
  • Both allow Expert Advisors (EAs)
  • FOREX.com offers a user friendly web trader and its Advanced Trading Platform
  • FOREX.com offers more markets to trade overall
  • Z.com Trade is an ECN STP broker

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