Compare USGFX vs Z.com Trade

Compare USGFX vs Z.com Trade

USGFX vs Z.com Trade
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, MT560+ASIC
$50MT475+FCA

USGFX and Z.com Trade Comparison

These are both MT4 brokers with no dealing desk intervention and STP order transmission. Each has a range of markets available. Both are MT4 brokers, however USGFX additionally provides the MT5 platform. While Z.com Trade can offer low spreads plus a commissions charge on its ECN accounts, USGFX includes a mark up in the spread (i.e. there is no commission charge). However, Z.com Trade also provides this kind of account on its Classic account

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

ECN conditions

Both brokers offer no dealing desk intervention trading, allowing scalping, EAs and news trading. Each uses Equinix Data Centres, for high speed order execution.

Quick comparison

Both offer ECN trading on MT4. USGFX also provides this on MT5.

Minimum deposit and account types

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

  • USGFX offers four account types. These are Mini, Standard, VIP and Pro-ECN. The minimum deposit for the Mini account is $100, the minimum deposit for the Standard account is $10,000, and the minimum deposit for both the VIP and Pro-ECN accounts are $50,000. The different account types can offer lower spreads, with the lowest being available on the VIP account. All account types have a minimum trade size of 0.01 lots.
  • USGFX provides Trading Central, the Recognia Trading System (which provides trading ideas), analysis, one on one coaching and an Education Center on its website with webinars, seminars, a trading guide and Blog, along with contests.
  • 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

  • USGFX offers Forex, Indices, Energy, Cryptocurrencies, Precious Metals and Stocks, with 60+ available.
  • Z.com Trade offers Forex, Indices, Cryptocurrencies, Energy and Precious Metals, with 75+ available.

Z.com Trade has more Currency Pairs available, with 55+ available versus 20+ at USGFX.

Cryptocurrency CFDs

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

Leverage and spreads

Maximum leverage for USGFX is 500:1, except on the Pro-ECN account where it is 100:1. Maximum leverage for Z.com Trade is .

  • USGFX offers variable spreads. On the Mini account, EUR/USD is from 2.8, on the Standard account EUR/USD is from 2.2, on the Pro-ECN account EUR/USD is from 1.5 and on the VIP account EUR/USD is from 1.3.
  • USGFX offers Gold spreads from 0.50 on all accounts except VIP, where they are from 0.36. US Oil spreads are from 0.027, plus commission.
  • 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.

Commission charge

  • USGFX does not charge commissions for Forex or Precious Metals. It does charge commissions of $5 per lot per side for CFDs.
  • 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.

Platform

Both brokers offer MT4, desktop and apps.

Very quick comparison

These are MT4 brokers, offering STP trading - USGFX also provides MT5.

Comparison summary

  • Both brokers provide NDD STP trading
  • Each allows scalping, EAs and news trading
  • Z.com Trade offers low Forex spreads, plus a commission charge
  • USGFX does not charge commissions for Forex
  • Z.com Trade also has a Classic account which does not charge commissions
  • On its ECN VIP account, Z.com Trade offers lower commission charges
  • Z.com Trade has a lower minimum deposit
  • Both provide MT4
  • USGFX is ASIC regulated
  • Z.com Trade is FCA regulated

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