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Is FOREX.com better than Z.com Trade? After grading forex brokers on nearly 100 different variables,
FOREX.com is better than Z.com Trade. FOREX.com has plenty of options for Forex and CFD traders across its regulated offerings globally. With full-feature platforms, diverse trading tools, and comprehensive research, FOREX.com caters to traders of all experience levels.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our ForexBrokers.com team spent several months and hundreds of hours assessing 28 different forex broker accounts for trading FX. In total, over 2,200 data points were collected. For this review, we will compare FOREX.com vs Z.com Trade.
To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. FOREX.com's score is 4.50 stars versus Z.com Trade's 4.00 stars.
Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. Both FOREX.com and Z.com Trade are regulated in a major hub. FOREX.com and Z.com Trade are publicly traded companies. How many currency pairs are available to trade? FOREX.com offers its clients access to 84 different currency pairs while Z.com Trade has 55 available pairs, a difference of 29.
To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. FOREX.com and Z.com Trade both offer Meta Trader. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. Z.com Trade trails FOREX.com by 22 total charting tools, with FOREX.com offering 22 and Z.com Trade offering (Default MT4). Z.com Trade trails FOREX.com by 139 total different indicators (for example, moving averages), with FOREX.com offering 139 and Z.com Trade offering (Default MT4).
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.