Compare IronFX vs Z.com Trade - Online Brokerage Comparison

Compare IronFX vs Z.com Trade

IronFX versus Z.com Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4200+FCA, CySEC, ASIC, FSCA
$50MT475+FCA

IronFX and Z.com Trade Comparison

Z.com Trade is an ECN broker. IronFX has a range of account types, including STP/ECN accounts. IronFX can offer more markets to trade, but Z.com Trade has a lower minimum deposit. Each provides the MT4 platform. In addition to its ECN accounts, which have variable Forex spreads with a commission charge, Z.com Trade offers variable spreads on its Classic account, without a commission charge. IronFX has various types of spreads available, including variable spreads from zero, without a commission charge.

Thus Z.com Trade caters to ECN trading, with no restrictions on styles and aims to provide high speed order execution. IronFX provides a range of account types, to fit trading from discretionary to automated. Both though are MT4 brokers.

These brokers are each FCA regulated in the United Kingdom. IronFX is additionally regulated by the CySEC in Cyprus, the ASIC in Australia and the FSCA in South Africa.

Quick comparison

Both are MT4 brokers. Z.com Trade is an ECN broker. IronFX has a range of accounts, including STP/ECN.

Minimum deposit and account types

The minimum deposit for IronFX is $100, but for STP/ECN trading it is $500. The minimum deposit for Z.com Trade is $/€/£50.

  • IronFX offers a range of account types and services. These include a Micro account which has a minimum deposit of $100, a Premium account with a minimum deposit of $2,500 and a VIP account with a minimum deposit of $20,000. These three account types are available with fixed or variable spreads and the spreads can be tighter on higher account types. The minimum trade size is 0.01 lots except for the Premium and VIP accounts where it is 0.1 lots.
  • IronFX also offers a Zero Fixed Spread account. This provides zero spreads for some markets, with commissions charged. As well, IronFX offers STP/ECN accounts with or without commissions. It also has an STP/ECN Absolute Zero account, with spreads from zero, with no commission charge. For the Zero Fixed Spread account and the STP/ECN account, the minimum deposit is $500. The minimum deposit for the Absolute Zero account is upon request to the account manager.
  • All IronFX accounts offer a dedicated account manger, technical analysis reports, investor education tools and private one-on-one trading guidance. The Premium, VIP, STP/ECN No Commission and STP/ECN Zero Spread accounts also offer a dealing department transaction hotline.
  • 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 provides 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

  • IronFX offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Soft Commodities, with 200+ available.
  • Z.com Trade offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 75+ available.

Cryptocurrency CFDs

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

Spreads and leverage

  • IronFX's Micro account has a EUR/USD variable spread from 1.1 and a fixed spread from 2.2. The Premium account has a EUR/USD variable spread from 0.7 and a fixed spread from 1.8. The VIP account has a variable EUR/USD spread from 0.5 and a fixed spread from 1.6.
  • IronFX's Live Zero Fixed spread account has an EUR/USD spread of 0 (plus a commission charge). The ECN No Commission account has a variable EUR/USD spread from 1.7 and the ECN account with a commission charge has an EUR/USD spread from 0. The ECN Absolute Zero account has EUR/USD spreads from 0, without a commission charge. Gold spreads are from 0.5, UK100 spreads are from 0.8 and US Crude Oil spreads are from 0.04.
  • 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.

IronFX (FCA and CySEC regulated) leverage is up to . Z.com Trade's leverage is up to .

Commissions

  • IronFX's commission charges are from $6.75 per lot per side.
  • Z.com Trade charges commission of $4 per lot per side on its ECN account, and $2.5 per lot per side on its ECN Plus account.

Platforms

Both brokers offer MT4 on desktop and apps. IronFX also offers a web trader based on MT4.

Why IronFX or Z.com Trade ?

Z.com Trade offers ECN trading on MT4. IronFX is also an MT4 broker and provides a range of account types, including STP/ECN and instant execution accounts.

Comparison summary

  • Z.com Trade is an ECN broker
  • IronFX offers STP/ECN accounts in addition to its other accounts
  • Z.com Trade can also provide a Classic account which does not charge commisisons
  • IronFX can offer a fixed spread account (on its non-STP/ECN range of accounts)
  • IronFX has more markets to trade than Z.com Trade
  • Z.com Trade uses Equinix infrastructure
  • Both support discretionary and automated trading, though IronFX has a wider range of discretionary accounts
  • Z.com Trade has a more competitive commission charge

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