Plus500 vs Z.com Trade Comparison

Plus500 vs Z.com Trade Broker Comparison

Plus500 versus Z.com Trade
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100Web Trader & Apps2000+FCA, CySEC, ASIC, FSCA, FMA, MAS & IE
$50MT475+FCA

Plus500 and Z.com Trade Comparison

Plus500 provides CFD trading with variable spreads. Z.com Trade provides variable spreads with or without a commission charge. Z.com Trade is an ECN broker, with a focus on high speed order execution for a core group of markets and MT4. Thus it has support for automated trading. Plus500 is focused on discretionary trading, with a wider range and number of markets and a clear web trader and apps, and a relatively wide range of technical indicators.

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

Plus500UK Ltd is authorized and regulated by the FCA (#509909). Plus500CY Ltd is authorized and regulated by CySEC (#250/14). Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727 and FMA in New Zealand, FSP #486026 and is an authorised Financial Services Provider in South Africa, FSP #47546.

Quick comparison

Plus500 offers more markets to trade on its web trader and apps. Z.com Trade is an ECN MT4 broker.

Discretionary vs automated trading support

In comparative terms these brokers are of note in that each supports an opposite end to an extent of the discretionary vs automated trading broker 'spectrum'. Discretionary means the trader makes decisions for themselves, automated means that the decisions are taken by typically a computer program.

Plus500 provides 2000+ markets on a platform which seems engineered to make the discretionary trading experience as intuitive as possible. Z.com Trade provides an infrastructure, including ECN trading, to help traders who want to use automated trading, as well as discretionary trade a wide range of strategies, offering MT4, with a core group of markets.

Minimum deposit and accounts

The minimum deposit for Plus500 is $/€/£100 or AU$200. The minimum deposit for Z.com Trade is $/€/£50.

  • Plus500 offers a CFD trading account type for which the minimum deposit is $/€/100 or AU$150. It provides an Economic Calendar on its website covering news events and market effects.
  • 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 (micro 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

  • Plus500 offers CFD trading in Currency Pairs, Indices, Cryptocurrencies, Commodities, Stocks, ETFs and Options, with 2000+ available.
  • Z.com Trade offers Currency Pairs, Indices, Cryptocurrencies and Commodities, with 75+ available.

Cryptocurrencies

  • Plus500 offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, NEO, IOTA, Monero, EOS, Stellar, Cardano and TRON.
  • Z.com Trade offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

  • Plus500 offers fixed and variable spreads depending on the instrument.
  • 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.

The maximum leverage for Plus500 is . The maximum leverage for Z.com Trade is .

Commissions

  • Plus500 does not charge commissions.
  • 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.

Platform

Plus500 offers a web trading platform available on desktop and apps on tablet, mobile and watch.

Z.com Trade provides MT4, available for desktop, tablet and mobile.

Why Plus500 or Z.com Trade ?

Z.com Trade supports traders who wish to use a range of trading styles, including those suited to ECN trading and offers the MT4 platform. Plus500 supports traders who wish to use clear, simplified web trader and trade more markets.

Comparison summary

  • Plus500 offers an intuitive discretionary trading platform and apps
  • Z.com Trade provides MT4, in ECN trading conditions, including using Equinix infrastructure
  • Z.com Trade also has a Classic account, which does not charge commissions
  • Plus500 can offer many more market to trade
  • Z.com Trade is an ECN MT4 broker

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