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, MT5, Trade Interceptor1000+FCA, ASIC, FSCA
$50MT475+FCA

ThinkMarkets and Z.com Trade Comparison

These are MT4 brokers, but ThinkMarkets also offers the Trade Interceptor platform as well as MT5, the successor to MT4. While each provides CFD trading, ThinkMarkets can additionally offer spread betting on MT4 and MT5 in the UK. Both offer trading with low spreads plus a commission charge and use Equinix data centers. 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, MT5 and Trade Interceptor. Z.com Trade has a Classic account which offers variable spreads without a commission charge on MT4.

These brokers are each regulated by the FCA in the United Kingdom. ThinkMarkets is also regulated by the ASIC in Australia and licensed by the FSCA in South Africa.

ThinkMarkets MT4 vs Z.com Trade MT4

  • ThinkMarkets has CFD trading and in the UK, also spread betting
  • Z.com Trade has CFD trading
  • ThinkMarkets offers its ThinkZero account and a Standard account
  • Z.com Trade provides a series of ECN accounts and a Classic account

Quick comparison

Both offer MT4 and trading with a commission charge (and MT5 in the case of ThinkMarkets). ThinkMarkets also has a Standard account on Trade Interceptor and MT4 and MT5, Z.com Trade also provides a Classic account on MT4, neither of which charge commissions.

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, T&Cs apply. The ThinkZero account also offers AutoChartist and an account manager. ThinkMarkets offers Market News, Webinars, an Economic Calendar and Tutorials on its website.
  • 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 1000+, covering Forex, Energy, Indices, Cryptocurrencies, Metals, Soft Commodities and Shares.
  • Z.com Trade offers 75+, covering Forex, Energy, Indices, Cryptocurrencies and Metals.

Cryptocurrency CFDs

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

Spreads and leverage

Both brokers can offer low spreads plus a commission charge. ThinkMarksts can additionally provide Forex spreads from 0.4 without a commission charge, while Z.com Trade can offer Forex spreads from 1 without a commission charge.

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 MT4, MT5 and Trade Interceptor, which are available for desktop, tablet and mobile.

Z.com Trade provides MT4. It is available on desktop, mobile and tablets.

Why ThinkMarkets or Z.com Trade ?

Traders who want to trade on MT4 may do so at either broker. Traders who want to trade on a user friendly platform can find Trade Interceptor at ThinkMarkets. ThinkMarkets offers more markets to trade overall than Z.com Trade and has no minimum deposit for its Standard account. ThinkMarkets's ThinkZero account is more comparable to the type of accounts offered by Z.com Trade and has a higher minimum deposit than Z.com Trade ($500 vs $50).

Comparison summary

  • Both brokers offer CFD trading
  • In the UK, ThinkMarkets additionally provides MT4 spread betting
  • Z.com Trade is an ECN broker
  • ThinkMarkets's ThinkZero account can also offer low spreads, plus a commission charge
  • Z.com Trade's minimum deposit is lower than ThinkMarkets's ThinkZero account minimum deposit
  • ThinkMarkets has no minimum deposit for its Standard account
  • Both offer MT4
  • ThinkMarkets additionally provides MT5 and Trade Interceptor

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