RoboMarkets vs Z.com Trade Broker Comparison

RoboMarkets vs Z.com Trade | Broker Comparison

RoboMarkets vs Z.com Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, MT5, R Trader11,000+CySEC
$50MT475+FCA

RoboMarkets and Z.com Trade Comparison

Both brokers provide ECN trading and MT4. RoboMarkets can offer more platforms, additionally providing MT5 and R Trader. On MT4, both offer a similar number of markets, but on R Trader, RoboMarkets has many more. RoboMarkets has a range of account types, including a cent account which supports very small trade sizes. RoboMarkets is regulated by the CySEC in Cyprus. Z.com Trade is regulated by the FCA in the United Kingdom.

ECN trading conditions

Both offer accounts providing spreads from 0 (or 0.1) plus a commission charge.

Quick comparison

Both are MT4 ECN brokers, but RoboMarkets also offers MT5 and R Trader.

Minimum deposit and account types

The minimum deposit for RoboMarkets is $100. The minimum deposit for Z.com Trade is $/€/£50.

  • RoboMarkets offers accounts based around its three platforms, MT4, MT5 and R Trader. MT4 and MT5 each offer a Pro-Standard, Pro-Cent and Pro-ECN account. MT4 additionally offers a Fix-Cent, a Fix-Standard, and ECN-Pro NDD and an ECN-Fixed Spread NDD and an MT4 Prime account. RoboMarkets's R Trader is a web trading platform, which has many more markets available than the other accounts. RoboMarkets also offers a CopyFx account (which supports transaction copying) and a RAMM account (which supports strategy copying).
  • RoboMarkets's minimum deposit for all accounts except MT4 Prime is $100. The minimum deposit for MT4 Prime is $5,000. The Prime account is an ECN account with lower commission charges. RoboMarkets offers an Islamic (Swap Free) version for some of these accounts. Micro lot trading is available.
  • RoboMarkets provides RoboForex Analytics on its website. This offers a range of tools including analysis, signals, videos and education. It offers StrategyQuant for building MT4 robots and the R Trader Strategy Builder.
  • 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 (London) 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

  • RoboMarkets's Cent account offers Forex and Precious Metals, for a total of 35+.
  • RoboMarkets's Standard and ECN accounts offer Forex, Indices, Cryptocurrencies, Energy and Precious Metals, for a total of 45+.
  • On its R Trader account, RoboMarkets offers Forex, Indices, Cryptocurrencies, Stocks and ETFs, for a total of 11,000+.
  • Z.com Trade offers Forex, Indices, Cryptocurrencies, Energy and Precious Metals, with 75+ available.

RoboMarkets provides 45+ Forex pairs. Z.com Trade provides 55+ Forex pairs.

Cryptocurrency CFDs

  • RoboMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Dash, Bitcoin Cash, EOS, Bitcoin Gold, Golem, IOTA, NEO, OmiseGO, Qtum and Monero.
  • Z.com Trade offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

  • On RoboMarkets's Pro-Cent and Pro-Standard accounts, the average spread for EUR/USD is 1.6 and Gold 2.23. On the ECN accounts the minimum spread for EUR/USD is 0.1, Gold 0.8 and US Crude Oil 0.01. On the Prime account, the minimum spread for EUR/USD is 0.0, Gold 0.4 and US Crude Oil 0.01
  • 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 RoboMarkets is . Maximum leverage for Z.com Trade is

Commissions

  • RoboMarkets commission are $2 per lot per side for its ECN accounts except for its Prime account where they are $1.5 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.

Online trading platforms

RoboMarkets provides MT4, MT5 and R Trader. Z.com Trade provides MT4.

Why RoboMarkets or Z.com Trade ?

Both have features for discretionary and automated trading and traders looking for ECN trading. RoboMarkets has a range of account types including a cent account which can offer very small trade sizes, though Z.com Trade has a minimum trade size of 0.01 lots (micro lots) and has a Classic account which does not charge commissions. Each provides MT4, but RoboMarkets has more platforms and overall more markets. Z.com Trade is focused on being an ECN broker, using Equinix infrastructure for high speed order transmission.

Comparison summary

  • Both offer ECN trading
  • Both provide MT4
  • RoboMarkets also offers MT5 and R Trader
  • On R Trader, RoboMarkets can offer many more markets
  • Z.com Trade is focused on ECN trading, but has a Classic account which does not charge commissions
  • RoboMarkets has a range of account types in addition to ECN accounts, including a Standard and a Cent account (which do not charge commissions)
  • RoboMarkets is CySEC regulated, Z.com Trade is FCA regulated

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