CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
A brand of the GMO Click Group, Z.com has been the biggest Forex trading provider by volume, since 2012. The operation is focused on three main geographic markets: Japan, the UK and Hong Kong. It is duly regulated in all these markets.
In the UK, it possesses an FCA license, as well a JFSA and SFC one in Japan and Hong Kong respectively. From a regulatory perspective, the broker's footings are obviously very solid. The same goes for its worldwide reputation: no fewer than 450,000 traders have thus far trusted their trading funds to Z.com, allowing the latter to gobble up 20% of the world's leveraged FX trading market. The monthly trading volume of the operation is simply mind-boggling: over $900 billion changes hands through the secured trading system of the broker.
Established in 2005, the operation isn't short on experience. Since 2015, it has been listed at the Tokyo Stock Exchange.
What actual perks and benefits does Z.com offer its traders though? They have a healthy selection of Indices, FX and commodities products, they feature no commissions and fixed spreads as well as quick and reliable execution and peerless liquidity.
Z.com have a demo account on offer too, for those interested in risk-free, play-money trading. The maximum leverage available at Z.com is 1:200. It allows traders to trade CFD futures with no expiration, and without any maintenance fees and for UK- and Ireland-based clients, the trading is tax-free.
Z.com's services are covered by the Financial Services Compensation Scheme.
The platform currently used by Z.com is the trusted and proven MetaQuotes MT4 platform. What does that mean in terms of functionality and trading tools? It means that traders will gain access to some of the most advanced charting tools, complete with an impressive selection of technical indicators. The fully customizable trading interface of the software means that traders can shape and mold their trading environment into one they find ideal from every angle. The Expert Advisors feature allows for an impressive degree of automation.
The trading platform has to be downloaded from MetaQuotes. Z.com do not currently have a web-based trading interface. The same MT4 platform is available for iOS and Android-based devices too, complete with all the features and functionality of the PC-based software.
Unlike regulated binary option brokers, Z.com do not have their hands tied when it comes to giving their traders bonus-based promotions. They do in fact offer two types of bonuses. The first one is a USD 30/EUR 25/GBP 20 welcome bonus. This bonus is only valid for new real money accounts. To be able to withdraw it, traders have to rack up a volume of at least 100 lots. Interestingly, the bonus can only be withdrawn all at once. Partial withdrawals cannot be made.
The other bonus is a match deal on deposits, up to a maximum of $2,000. Standard withdrawal terms apply to this deal.
The website section dedicated to the education of traders is simply called "Resources" at Z.com. It features separate sections on how trading works, a page about the risks and benefits involved with the activity, an economic calendar, a glossary and an exhaustive guide on fundamental analysis. The risks and benefits section covers risk management, ideal trading hours, as well as leverage and margin. The fundamental analysis section is very useful indeed. The knowledge contained on that page works well in conjunction with the technical analysis tools available through the trading interface.
Being one of the biggest actors of the global trading scene, Z.com can afford to set their spreads as low as 0.5 pips and 0.6 pips on popular currency pairs such as the EUR/USD.
Z.com's support staff is one of the best in the business. The channels through which Z.com support can be contacted include Live Chat, Phone and email. There's an email form available at the site, and - as quirky as it may seem - they have snail-mail support as well.
Z.com is a well-regulated, straight-shooting operation, offering traders attractive spreads, a decent selection of tradable assets and a solid trading platform. Some traders will doubtlessly find their bonus deals interesting as well.Visit Z.com