Z.com Trade Review
- Licensed and regulated by the FCA
- Over 400,000 clients worldwide
- No minimum deposit
- STP broker with fixed spreads and no commissions
- Demo account
- Great customer support
- No commissions and fixed spreads
- No U.S. traders allowed
- Few language possibilities for traders
- Only offers MetaTrader 4 platform
The name doesn’t sound familiar because Z.com is actually quite new. It was launched in 2015, but do not be frightened off because of their short time in operation.
You see, Z.com is owned and managed by the Japanese conglomerate, GMO Click Group who has been operating since 2005.
GMO Click Group has been a popular trading organization in Japan and Asia and to gain favor in the United Kingdom, Z.com was launched.
Z.com offers traders an excellent system of trading Forex and CFDs with leverages as high as 200 to 1.
Let’s take a closer look at Z.com.
Z.com Trading Platforms
In the start, Z.com offered a proprietary platform that many traders liked, but the popularity of the MetaTrader 4 platform had Z.com disband their in house platform and only carry the downloadable MT4.
MetaTrader 4 comes with various graphs and charts and allows traders to set the system up the way that appeals to them most.
To get adjusted to the trading platform, Z.com offers traders a demo account.
Z.com Trading Markets
Z.com has a nice range of trading markets. Investors can surely find trades they would like to make.
Forex: Average spreads start at 0.2 pips (EURUSD) for ECN Accounts, traders have approximately 57 various currency pairs they can trade on.
Precious Metals: Z.com has several precious metal markets investors can trade in with some of the lowest spreads found.
Z.com Customer Support
Z.com is proactive with customer support and has representatives of various languages.
Live Chat is available as well as an email address for questions or concerns. GMO Click Group is adamant about having high rated customer service.
Z.com Security & Fairness
The GMO CLICK Group contains regulated entities by the JFSA for its presence in Japan, by the SFC in Hong Kong, and by the Financial Conuct Authority (FCA) in the UK. Z.com Trade also participates in the UK Financial Service Compensation Scheme, which protects eligible claimants up to £50,000 in the unlikely event that Z.com Trade is unable to meet their financial obligations to you.
Plus, Z.com keeps all client funds in separate accounts ensuring your money is safe and secure.
Last but not least, Z.com uses top level encryption so your banking and personal information is completely safe.
Being a subsidiary of the GMO Click Group means this is a highly reliable Forex and CFD broker. The company has won awards and holds the record of amounts traded in Forex.
Being licensed and regulated by the United Kingdom’s Financial Conduct Authority tells us that this is a safe and reliable broker.
I would say that Z.com does need to add some languages as the website is only available in English and Chinese.
Overall, Z.com is moving fast up the scale of being a leading United Kingdom CFD and Forex broker.