Pros
- Leverage up to 1:200
- Free $30 No Deposit Bonus
- Fixed spreads
- Great history
- Awesome support
- FCA Regulation
Cons
- No US Traders
GMO-Z.com Trade UK Limited (“Z.com Trade”) is a London-based FCA regulated broker, and part of the Tokyo-headquartered GMO CLICK Group. Together with its entities in Tokyo, Hong Kong, and London, the group is recognized as the world’s largest retail FX provider by volume, and has been so every year since 2012. The group consistently processes over $900bn every month in trading volume, and makes up over 20% of leveraged FX trading volume worldwide. Find out more about it in our full Z.Com Trade review!
Z.com Trade Broker Overview
Z.com Trade is an FCA-regulated FX/CFD broker, and offers a range of FX, Indices of Commodities products on the ever-popular MetaTrader 4 trading platform. The broker operates on a ‘no-dealing desk’ STP model, which means client trades are passed straight through to its liquidity providers without intervention. This allows traders to feel assured that there is no conflict of interest in how Z.com Trade handles any orders. As an FCA regulated broker, Z.com Trade holds all client funds in segregated client accounts, with only top tier financial institutions are chosen.
Z.Com Trade Review of the Account Setup
Simplicity is at the heart of Z.com Trade’s offering, and one simple account is offered to all clients. It has been spotted by the Z.Com review that this account has no minimum deposit or minimum balance requirement, and allows traders to get started and trade at a level which is comfortable for them. The account gives instant access to MT4 and Z.com Trade’s range of FX, Indices and Commodities products, and is usually opened within one business day after receiving an applicant’s application form and supporting documentation.
Z.com Trade Trading Conditions Review
Z.com Trade offer their products at fixed spreads with no external commission charge, and a maximum leverage of 1:200 on FX majors, with all products individually margined to reflect the underlying market’s risk profile.
Z.com Trade Deposits and Withdrawals
Z.com Trade review found out that this broker offers account funding via a variety of methods which comprise of Credit/Debit Card (Visa, MasterCard, China UnionPay), Skrill and Bank Wire, with no additional service charge from Z.com Trade. Withdrawals are processed quickly by Z.com Trade’s dedicated Finance team.
Z.com Trade Bonuses Review
This broker offer two different bonuses – a Welcome Bonus for all new clients who open a live account, and a Deposit Bonus. The Welcome Bonus is a no-deposit bonus, and a generous $30 (or €25/£20) can be received after successfully opening a live account, which is available for withdrawal after trading 100 lots (1 lot of FX = 10,000 units). Profits are available for withdrawal at any time, subject to Z.com Trade Broker’s normal withdrawal conditions. The Deposit Bonus pays up to a maximum of $2,000 (or €2,000/£2,000) on a deposit you choose, with the bonus depending on the amount of your deposit. Profits are available for withdrawal at any time subject to the normal terms, and you can withdraw the bonus after meeting the specific trading requirement of the bonus amount you received.
Z.com Trade Review: the Platform
Z.com Trade Forex broker offers MetaTrader 4 – the world’s most popular trading platform, with both the desktop PC and iOS/Android mobile applications for tablet and smartphone devices available. The platform offers support for over 30 languages, and facilitates the use of Expert Advisors (EA’s) and a range of technical indicators. MT4’s customizable interface also ensures that you can create an environment which fits your trading style, and with the desktop and mobile versions available – you can be assured that you’ll never miss a trading opportunity wherever you are.
Z.com Trade Broker Client Support
Z.com Trade have a team of friendly and approachable client support representatives on hand, who can be contacted by live chat, email or telephone to assist you with any questions you may have, and are available 24 hours a day 5 days a week while the markets are open.
Z.com Trade Broker Review Conclusion
Z.Com Review recons that backed by the GMO CLICK Group, the FCA-regulated Z.com Trade offer a truly stable and secure option in the FX and CFD trading space – and with its MT4 offering, generous bonus programs, and fixed spread STP model offering, the broker offers a great option for traders looking for a reliable trading destination.