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WorldWideMarkets vs Z.com Trade 2019

ForexBrokers.com

Is WorldWideMarkets better than Z.com Trade? After scoring forex brokers on nearly 100 different variables, Z.com Trade is better than WorldWideMarkets. Z.com Trade, together with its sibling group of companies, including GMO Click Securities, is the largest retail forex broker by total volume. The firm’s Japan-based entity offers its most competitive pricing and range of products, followed by its HK and UK entity.

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.

Overall Rating

Feature WorldWideMarkets Z.com Trade
Overall 2.5 3
WorldWideMarkets Review Z.com Trade Review
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature WorldWideMarkets Z.com Trade
Trust Score 47 97
Year Founded
2011 1991
Publicly Traded (Listed)
No Yes
Bank
No No
Tier-1 Licenses
0 4
Tier-2 Licenses
0 1
Tier-3 Licenses
1 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

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

Tier-2 Licenses

Feature WorldWideMarkets Z.com Trade
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No Yes
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses

Feature WorldWideMarkets Z.com Trade
FSC Authorised (British Virgin Islands)
Yes No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No Yes

Investments

Feature WorldWideMarkets Z.com Trade
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
20 55
CFDs - Total Offered
15 22
Cryptocurrency traded as actual
No Yes
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 2.5 3
Winner check_circle

Cost

Feature WorldWideMarkets Z.com Trade
Average Spread EUR/USD - Standard
3 0.1 (as of May 19)
All-in Cost EUR/USD - Active
N/A 0.9 (as of May 19)
Active Trader or VIP Discounts
No Yes
Commissions & Fees 3 4
Winner check_circle

Funding

Feature WorldWideMarkets Z.com Trade
Minimum Initial Deposit
$20.00 $50
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes No
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes No

Trading Platforms

Feature WorldWideMarkets 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 WorldWideMarkets Z.com Trade
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
n/a (Default MT4)
Charting - Indicators / Studies (Total)
78 (Default MT4)
Charting - Drawing Tools (Total)
37 (Default MT4)
Charting - Trade From Chart
No Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 2.5 2.5
Winner check_circle

Mobile Trading

Feature WorldWideMarkets Z.com Trade
Android App
No Yes
Apple iOS App
No Yes
Trading - Forex
No Yes
Trading - CFDs
No Yes
Alerts - Basic Fields
No Yes
Watch List
No No
Watch List Syncing
No No
Charting - Indicators / Studies
30 (default MT4)
Charting - Draw Trend Lines
No No
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
No Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3 2.5
Winner check_circle

Research

Feature WorldWideMarkets Z.com Trade
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
No Yes
AutoChartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
No No
Economic Calendar
Yes Yes
Research 2 3
Winner check_circle

Education

Feature WorldWideMarkets Z.com Trade
Has Education - Forex
Yes Yes
Has Education - CFDs
No No
Client Webinars
No No
Client Webinars (Archived)
No No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes Yes
Tutorials/Guide (PDF or Interactive)
Yes Yes
Education 2 3
Winner check_circle

Major Forex Pairs

Feature WorldWideMarkets 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
USDCNH (or CNHUSD)
No Yes
USDSGD (or SGDUSD)
No Yes

Overall

Feature WorldWideMarkets Z.com Trade
WorldWideMarkets Review Z.com Trade Review
Overall 2.5 3
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare WorldWideMarkets vs Z.com Trade.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Z.com Trade received a rating of 4.00 stars over WorldWideMarkets's 3.00 stars.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Both WorldWideMarkets and Z.com Trade are regulated in a major hub. Z.com Trade is a publicly traded company while WorldWideMarkets is not. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. WorldWideMarkets trails Z.com Trade by 35 total currency pairs (for example, EUR/USD), with Z.com Trade offering 55 and WorldWideMarkets offering 20.

To round out our comparison of WorldWideMarkets vs Z.com Trade, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Both WorldWideMarkets and Z.com Trade offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. WorldWideMarkets boasts an offering of 37 charting tools compared to Z.com Trade's (Default MT4) available charting tools. WorldWideMarkets boasts an offering of 78 different indicators (for example, moving averages) compared to Z.com Trade's (Default MT4) available indicators.

WorldWideMarkets Review
Z.com Trade Review


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.

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