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IG vs Z.com Trade 2020

Is IG better than Z.com Trade? After grading the best forex brokers on nearly 100 different variables, IG is better than Z.com Trade. Regulated and trusted across the globe, IG offers traders an extensive list of tradable products, excellent trading and research tools, industry-leading education, and competitive rates. This fantastic all-round experience makes IG our No. 1 overall broker in 2019.

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.

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Overall Rating

Feature IG Z.com Trade
Overall 4.5 3
IG Review Z.com Trade Review
68% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature IG Z.com Trade
Trust Score 99 95
Year Founded
1974 1991
Publicly Traded (Listed)
Yes Yes
Bank
Yes No
Tier-1 Licenses
6 3
Tier-2 Licenses
3 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature IG Z.com Trade
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No Yes
FSA Authorised (Japan)
Yes Yes
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
Yes No

Investments

Feature IG Z.com Trade
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
93 53
CFDs - Total Offered
17535 25
Cryptocurrency traded as actual
No Yes
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 4.5 3
Winner check_circle

Cost

Feature IG Z.com Trade
Average Spread EUR/USD - Standard
0.7 (as of May 19) 0.9 (as of May 19)
All-in Cost EUR/USD - Active
0.363 (as of Mar 16) 0.6 (as of Oct 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4.5 4
Winner check_circle

Funding

Feature IG Z.com Trade
Minimum Initial Deposit
£250.00 $50
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes No
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature IG Z.com Trade
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature IG Z.com Trade
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
14 (Default MT4)
Charting - Indicators / Studies (Total)
28 (Default MT4)
Charting - Drawing Tools (Total)
19 (Default MT4)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4.5 2.5
Winner check_circle

Mobile Trading

Feature IG Z.com Trade
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes No
Watch List Syncing
Yes No
Charting - Indicators / Studies
28 (default MT4)
Charting - Draw Trend Lines
Yes No
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No
Mobile Trading 4 2.5
Winner check_circle

Research

Feature IG Z.com Trade
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
Yes No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 4.5 3
Winner check_circle

Education

Feature IG Z.com Trade
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Education 4 3
Winner check_circle

Major Forex Pairs

Feature IG Z.com Trade
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature IG Z.com Trade
IG Review Z.com Trade Review
Overall 4.5 3
Winner check_circle
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 IG 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. IG'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 IG and Z.com Trade are regulated in a major hub. IG and Z.com Trade are publicly traded companies. How many currency pairs are available to trade? IG boasts an offering of 93 different currency pairs compared to Z.com Trade's 53 available pairs.

To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. IG alongside Z.com Trade 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. IG boasts an offering of 19 charting tools compared to Z.com Trade's (Default MT4) available charting tools. IG offers its clients access to 28 different indicators (for example, volume) while Z.com Trade has (Default MT4) available indicators, a difference of 28.

IG Review
Z.com Trade Review


Trading CFDs, FX, and cryptocurrencies involve 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 01/15/2020 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.

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IG - 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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