Z com Bullion Review
FCA, SFC and JFSC
What is Trade Z?
Trade Z.com, or Trade Z, is the service name for GMO-Z.com Trade UK Limited. This is an affiliate company of GMO CLICK. The firm was established in Japan. is a leader in the Internet industryoffering. It began offering FX trading services in 2006, and quickly expanded their global reach by opening offices London and Hong Kong . Findout why you should start with Z com Bullion
Trade Z is currently the largest retail forex provider by their operating volumes. They have reached new heights. In 2015, the global trading platform was renamed to Z.com and listed on Tokyo Stock Exchange. Two years later, the broker was World's Largest Retail Forex Provider by volume for 6th consecutive season.
Broker: Z Com Bullion
Minimum deposit: 50 US$
Regulator: FCA. SFC. JFSC
HQ: UK Japan
Z com Bullion Licenses:
GMO-Z.com Trade UK Limited Authorized by FCA UK registration number. 622897
GMO CLICK Securities, Inc. – Authorized by JFSC Japan (Japan), Kanto Financial Bureau, Kin-sho) No.77
GMO-Z.com Forex HK Limited – authorized by SFC (Hong Kong).
Trade Z: Is it safe?
It is not a scam. No Trade Z and Z com are reliable brokers with high-tier FCA regulation.
GMOZ.com Trade UK Limited is the parent company of Trade Z. It is licensed and regulated under the Financial Conduct Authority. This means that the broker follows strict regulations and adheres to transparent practices. The local authorities also authorize any other broker entities that are located in Japan or Hong Kong, Saint Vincent and the Grenadines, and vice versa.
Simply put, client money is held in a separate bank account according to Client Assets rules. This accounts is completely independent of the company's funds. GMO-Z.com Trade UK Limited could become insolvent. In such an event, a client covered by the Financial Services Compensation scheme (FSCS) will be protected up to PS50,000. Other entities may have slightly different regulations, but they are also strictly regulated.
Z com Trade Instruments
The technology-driven parent company offers advanced internet solutions. This is why their technological infrastructure is so important. Equinix LD4 London hosts Trade Z systems. These systems provide professional Straight-to-Process ECN environments and offer access to high liquidity and tight pricing.
There are 59 FX major, minor, and exotic pairs offered in their markets, as well 7 Commodities, 11 Indices, Bulions, and even Binary Options.
Z com offers 1 to 400 leverage for Forex instruments. However, this can vary depending on which Z.com entity you are opening an account. This means that all entities operate within the regulations. A recent update by the European regulatory body restricts leverage to a maximum limit of 1:30 for Forex instrument and even lower for others.
Types of accounts
Traders can choose from four account types that suit their needs and requirements. The choice also goes to MT4 platform, professional level, or Auton, along with an account for Binary Options Trading. All accounts can be opened in multicurrency USD and EUR as well as GBP. They are executed via STP NDD execution.
Z com Fees
Z com trading costs offer the option of fixed spread or floating spread. ECN account fees are included in a commission fee. See below for details on the fees structure, including funding fees.
Z com spreads offer margin closeouts of 30% and trading sizes as low as 0.01 lots. The deep liquidity pool ensures the tightest spreadsacross all products. Spreads start at 0.0 pip on ECN Accounts and 1.5 pips with Classic Account.
Below is a comparison of Classic account spreads. You can also compare Trade Z costs with another popular broker BlackBull Markets.
You should also consider an overnight fee or rollover fees . These are added to trading costs if you have a long position. You would get 6.47$ for EURUSD selling, and -9.69$ for EURUSD buying.
You can choose from many payment options in the clients portal area.
There are several options available
Credit and Debit Cards
Ewallets and other payments such as Neteller, POLi. Moneta. iDealm Giropay. Boleto. Skrill. Trustly. YandexMoney.
There is no minimum deposit required at Z com. You can open an account with any amount that you feel is appropriate. The minimum deposit amount is 50$.
Trade Z doesn't charge deposits, but withdrawals may be subject to additional fees, depending on the method of payment (e.g. A 2.6% fee is charged for card transactions.
Z com Trade Platforms
Z com relies on the industry-proven MetaTrader4platform to enable trading from almost any device. The powerful MT4 platform allows traders to connect to their FIX APIs and to select true Multi Asset or Algo-ready platform Auton.
Auton supports a variety of financial products, allowing retail traders to trade a wide range of instruments on one trading platform. Auton supports trading products such as FX, Bullion and CFDs.
Although MT4 doesn't require introduction, the technology of MT4 varies from broker to broker. Z com's feature includes full support for with no restriction of EAs and advanced charting tools that allow creating the ideal trading environment.
Trade Z is a popular choice for traders, with over 500,000 active clients that proves the company cares. Customer support is available through multiple communication channels. They also offer educational services and Analytical Resources that provide a variety of resources to help clients with trading signals, strategies, and news.
Z com Conclusion
Trade Z is part of an established internet solutions company that achieved the largest volume in the world and is also listed on Tokyo Exchange. This means that you will trade with a trusted broker . Z com's main selling point is their technology. All trades are performed in real-time by the broker using both STP and NDD practices. This means there is no conflict between the trader or the company.
The company also offers a small amount for practice, and there is no minimum deposit required. This allows new traders to easily try trading at Z com. This is part of the attractive offer for active traders. You will enjoy many benefits, from the pricing and the tools driving.