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 offer trading on MetaTrader 4 (MT4). RoboMarkets additionally provides MetaTrader 5 (MT5) and R Trader. On R Trader, RoboMarkets has considerably more markets to trade, but Z.com Trade offers a competitive number for an ECN broker. As well as ECN accounts, RoboMarkets offers a Cent account, with 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 brokers provide MT4. RoboMarkets additionally offers MT5 and R Trader and has more markets to trade overall.

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 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. The minimum trade size is 0.0001 lots. RoboMarkets provides a range of tools including analysis, an economic calendar, webinars and education. It offers the R Trader Strategy Builder for building robots. EAs and scalping are allowed at RoboMarkets.
  • 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 offers Forex, Indices, Cryptocurrencies, Energy, Metals, Soft Commodities, Stocks and ETFs, for a total of 11,000+.
  • Z.com Trade offers Forex, Indices, Cryptocurrencies, Energy and 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

Both brokers can offer low spreads plus a commission charge. RoboMarkets can additionally provide Forex spreads from 1.3 without a commission charge, while Z.com Trade can provide Forex spreads from 1 without a commission charge.

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 ?

Traders who want to trade on MetaTrader 4 (MT4) can do so at either broker. Those who want to trade on MetaTrader 5 (MT5), the successor to MT4 can do so at RoboMarkets. As well, RoboMarkets provides R Trader on which it has considerably more markets to trade. However Z.com Trade is an ECN broker and uses Equinix infrastructure for high speed order execution. This said, RoboMarkets offers ECN accounts and other accounts including a Cent account, with small minimum trade sizes.

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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