ThinkMarkets vs. Z.com Trade Broker Comparison

ThinkMarkets vs Z.com Trade Broker Comparison

ThinkMarkets versus Z.com Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
NoneMT4, Trade Interceptor200+FCA, ASIC
$50MT475+FCA

ThinkMarkets and Z.com Trade Comparison

These are MT4 brokers, but ThinkMarkets also offers the Trade Interceptor platform. While each provides CFD trading, ThinkMarkets can offer spread betting on MT4 in the UK. Both offer ECN trading, with low spreads plus a commission charge and use Equnix servers. For this kind of trading, ThinkMarkets has a higher minimum deposit.

ThinkMarkets can provide a Standard account, which does not charge commissions and is available on MT4 and Trade Interceptor. Z.com Trade has a Classic account which offers variable spreads without a commission charge on MT4. These brokers are regulated by the FCA in the United Kingdom, ThinkMarkets is also regulated by the ASIC in Australia.

ThinkMarkets MT4 vs Z.com Trade MT4

  • ThinkMarkets has CFD trading and in the UK, spread betting
  • Z.com Trade has CFD trading
  • ThinkMarkets offers a Standard account and ECN account
  • Z.com Trade provides ECN trading and a Classic account

Minimum deposit and account types

ThinkMarkets does not have a minimum deposit for its Standard account and for its ThinkZero account has a minimum deposit of $500. The minimum deposit for Z.com Trade is $/€/£50 for both ECN and its Classic account.

  • ThinkMarkets offers both CFD trading and spread betting. It offers the Standard account and the ThinkZero account. An Islamic account is available. There is no minimum deposit for the Standard account. The minimum deposit for the ThinkZero account is $/£500. The Standard account does not charge commissions, ThinkZero account does charge a commission. EAs and scalping are allowed. ThinkMarkets uses Equnix's LD4 (London Data Centre and HK4 (Hong Kong) Data Centres. The minimum trade size is 0.01 lots.
  • ThinkMarkets account types provide 24/6 Live Support and a Free VPS Service. The ThinkZero account also provides Autochartist and an account manager.
  • 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

  • ThinkMarkets offers 200+, covering Forex, Energy, Indices, Cryptocurrencies, Metals and Shares.
  • Z.com Trade offers 75+, covering Forex, Energy, Indices, Cryptocurrencies and Precious Metals.

ThinkMarkets provides 40+ Forex pairs, Z.com Trade provides 55+ Forex pairs.

Cryptocurrency CFDs

  • ThinkMarkets offers Bitcoin, Ethereum, Ripple, Bitcoin Cash, Bitcoin Gold, Dash and NEO.
  • Z.com Trade offers Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin.

Spreads and leverage

  • Spreads on ThinkMarkets can vary with account type and types of trading and are variable. Spread betting Standard spreads are from 0.8 for EUR/USD, with a target spread from 1 for UK100 and with an average spread of 0.20 for Gold and 0.04 for US Crude Oil.
  • ThinkMarkets CFD Standard spreads are variable and are from 0.4 for EUR/USD, with a target spread from 1 for UK100 and from 0.25 for Gold and 0.03 for US Crude Oil. On the ThinkZero account, Forex spreads can be as low as 0 with commissions of $3.5 per lot per side.
  • 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 ThinkMarkets (FCA regulated) is . Maximum leverage for Z.com Trade is .

Commissions

  • ThinkMarkets does not charge a commission on the Standard account and charges a commission of $3.5 per lot per side for the ThinkZero account.
  • 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

ThinkMarkets offers both MT4 and Trade Interceptor, which are available for desktop, tablet and mobile.

Z.com Trade provides the MT4 trading platform, which includes support for trading automation. It is available on desktop, mobile and tablets.

Quick comparison

Both offer MT4 and ECN trading - ThinkMarkets also has a Standard account on Trade Interceptor and MT4, Z.com Trade also provides a Classic account on MT4.

Comparison summary

  • ThinkMarkets has no minimum deposit for its Standard account, Z.com Trade has a minimum deposit of $50
  • For ECN trading, ThinkMarkets has a minimum deposit of $500, Z.com Trade has a minimum deposit of $50
  • ThinkMarkets offers spread betting with tight variable spreads
  • Both brokers provide low variable Forex spreads with a commission charge
  • Z.com Trade provides variable spreads without a commission charge on its Classic account
  • For a higher minimum deposit, Z.com Trade can offer lower commission charges
  • ThinkMarkets though has a competitive commission charge
  • Both brokers provide MT4 and ThinkMarkets additionally provides Trade Interceptor

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