Review of the Broker Z.Com Trade

Z.Com Trade-Broker Review

Z.Com Trade is a recognized Forex and CFD broker from the UK which has significant presence in other countries like Japan and China (Honk Kong). Currently, this broker founded in 2012 has more than 400,000 customers from all over the world. This company offers access to a variety of financial markets besides Forex  through Contracts For Difference based on multiple underlying assets, and is characterized by the quality of its services, its strong track record and a good reputation that has remained through the years. At present it is the largest provider of retail Forex brokerage in terms of trading volume. 

  Z.Com Trade belongs to the company GMO CLICK Holdings Inc, which is listed on the Tokyo Stock Exchange (JASDAQ) with stock code 7177.

Type of broker

Z.Com Trade is NDD/STP Forex and CFD broker.

Regulation 

Members of GMO CLICK Holdings Inc are governed by the following financial services regulatory bodies around the world:
  • GMO CLICK Securities Inc: Japan Financial Services Agency (FSA)
  • GMO-Z.Trade UK Limited: Financial Conduct Authority (FCA)
  • GMO-Z.com Forex HK Limited: Hong Kong Securities and Futures Commission (SFC)

Country of origin 

This broker is a brand of GMO Internet Group, whose headquarters are located in Japan.

Trading Instruments 

Z.Com Trade allows its customers to trade in the following financial markets.
  • Forex: 20 currency pairs in the Forex spot market, including the major pairs like EUR/USD, GBP/USD, USD/JPY and USD/CHF, and minor pairs like AUD/JPY, CAD/JPY, NZD/JPY and GBP/CHF among others. This broker offers a minimum transaction size of 0.01 lots, and low fixed spreads from 2.0 pips for the major pairs  and a maximum leverage of 1: 200.
  • Spot precious metals: Precious metals in the spot market (gold, silver and platinum) against the USD. These products are among the most important and traded commodities in financial markets.
  • Contracts For Difference: CFD based on the following underlying markets:
    • Stock indexes: 9 stock indices (index futures) of the main markets worldwide, such as UK 100, US NQ 100, US SPX 500 and JP 225 among others.
    • Agricultural Commodities: Futures contracts of soybeans and corn.
    • Energy Commodities: Futures contracts on crude oil (WTI).
*Trading conditions of CFD depend on the underlying asset of the contract. For example, for CFD on indices the leverage it is up to 1:50, while for CFD on agricultural commodities CFD the maximum leverage is 1:25.

Trading Accounts 

The broker Z.Com Trade offers only one type of trading account for all its customers, regardless of the initial deposit made by them or the trading instruments they choose  (Forex or CFD). This account gives the trader access to all trading services developped by the company for the customer, including the following:
  • It does not require a minimum deposit. 
  • STP trading execution with access to all liquidity providers of the company, including top-level financial institutions. 
  • Good trading conditions, with fast and efficient executions at fair and transparent prices without broker intervention. 
  • No direct commissions for trades (except for the spreads). 
  • Access to all trading instruments (markets) offered by this company to its customers, including Forex and CFD. 
  • Access to all trading platforms of the broker, including MT4. 
  • Regular promotions for new and existing customers of the company. 
  • A dedicated support to customers, which is characterized by being quick and attentive. 
  • Access to basic education about trading and markets in general. 
  • Others.

Demo Accounts 

Yes, with no limit of time.

Trading Platforms 

Currently, this broker offers a trading platform for PC and two mobile platforms designed to trade in the Forex market and with CFDs. These applications have the latest technology and provide access to market quotes and movements of the major financial markets in real time.  
-Metatrader 4: Z.Com Trade offers a platform based on MT4, one of the most complete and used in the industry to trade Forex and CFD thanks to its flexibility and many advantages. This application has multiple functions for positions management, including various types of orders as well a simple and easy to use interface. Metatrader 4 is designed with a variety of trading tools including updated market quotes , market news, advanced price charts with multiple time frames (from 1 minute to 1 month), dozens of built-in technical indicators and other similar tools as Fibonacci retracements and extensions for example. One of its biggest advantages is that it allows the creation, evaluation and implementation of automated trading systems (EA) based on all kinds of trading strategies, thanks to its MQL4 programming language and its built-in backtesting system. Through the MQL4 language traders can also create their own modified indicators with all kinds of features. Finally, MT4 allows traders to connect their trading account with the copytrading service Metatrader 4 Trading Signals of MetaQuotes. 

-Platforms for mobile devices: This broker offers two applications based on Metatrader 4 which allow to access the account and trade in the markets from different mobile devices, including smartphones and tablets (Android and iOS). These platforms have basic functions for positions management and market analysis tools as updated quotes, price charts, technical analysis indicators, market news and others. These platforms are called:
  • MT4 for Android.
  • MT4 for iOS.

Payment Options 

-This clients of Z.Com Trade can deposit and withdrawal funds through Bank Wire Transfer, Credit Card (the main credit cards like VISA and MasterCard),  Skrill  and Union Pay. -The deposits can be made in euros and US dollars.

Main Advantages of Z.Com Trade

  • It is a broker properly regulated by regulators of financial services such as FCA (UK) and the FSA (Japan). 
  • It is one of the most important companies in the sector, which stands out for having a solid track record and a good reputation.
  • Z.Com Trade regularly offers promotions to new and existing customers, including bonuses for the deposit of funds. 
  • No minimum deposit required for opening a trading account. 
  • It is a STP broker that provides access to major liquidity providers, including first class financial institutions. 
  • Customers have access to a variety of markets through a single trading platform. 
  • It provides platforms for mobile devices. 
  • It allows clients to trade any trading strategy. 
  • The client can use automated trading systems (Expert Advisors) through the Metatrader 4 platform. 
  • Basic education for customers on markets and trading in general. 
  • This broker offers the possibility of obtaining additional income by promoting its brokerage services through an affiliate program of its property called Z.Com Trade Affiliates.

Main Offers of Z.Com Trade 

Currently Z.Com Trade offers the following promotions to its customers:
  • A free welcome bonus of $30 for new customers. It requires no prior deposit by the trader.

Other Categories of this broker

  • Gold Broker
  • Silver Broker.
  • CFD Broker.
  • Metatrader Broker.
  • STP Broker.
 
Company GMO CLICK Holdings Inc, GMO CLICK Securities Inc, GMO-Z.Trade UK Limited and GMO-Z.com Forex HK Limited
Operating since 2012.
Minimum account size No minimum deposit and account size
Minimum lot size 0.01 lot.
Maximum Leverage 1:200
Spreads (Forex) Fixed spreads from 2 pips for major currency pairs
Link to the website
Open an account
   




Z.Com Trade is a recognized STP Forex and CFD broker. At present it is the largest provider of retail Forex brokerage in terms of trading volume. It has more than 400,000 customers.

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