GMO

General Information & Regulation

Trade Z.com or Trade Z is the service name of GMO-Z.com Trade UK Limited, which is an affiliated company of GMO CLICK, the firm established in Japan. Since 2006 it started to offer FX trading services and then spread their services from Japan to global coverage by opening offices in London and Hong Kong. GMO-Z.com Trade UK Limited is authorized and regulated by the FCA in the UK, with regulatory license number 622897; GMO-Z.com Forex HK Limited is regulated by the SFC in Hong Kong, license number AZE792. Tradable instruments available on Trade Z.com include Forex Instruments, Commodities, Indices, Bullion, and Binary Options.

Market Instruments

At GMO-Z.com, their markets range includes offer of 59 FX major, minor and exotic pairs, 7 Commodities and 11 Indices, Bulions and even Binary Options.

Minimum Deposit

To better meet traders' investment needs, the company has set up three types of trading accounts: the classic, the ECN, the ECN Plus, and the professional accounts. The minimum deposit to start a standard account is $250, slightly higher than most brokers' requirements.

Leverage

The maximum leverage offered by GMO-Z.com goes up to 1:400 for Forex instruments, however depending under which entity of Z.com traders opening an account. It means that every entity operates under the regulatory restrictions, while a recent update from the European regulatory bodies restricts leverage to a maximum of 1:30 for Forex instruments and even lower for other ones.

Spreads & Commissions

The spread on the classic account is floating from 1 pip, with no commissions for forex trading; Spread on the ECN account start from 0 pips, with a commission of $4 per 100,000 traded for FX, gold & silver, and no commissions for other commodities and indices; Spreads on the ECN Plus account floating from 0 pips, with a commission of $2.5 per 100,000 traded for FX, gold & silver, and no commissions for other commodities and indices. Lastly, the Professional account shares the same spread and commission conditions with the ECN Plus account.

Trading Platform

Trade Z.com offers traders a reliable and popular MT4 trading platform with more than 50 built-in indicator tools to simplify traders' analysis of price dynamics and automate your analysis and trading process with the use of Expert Advisors (EA). The platform is accessible on both computer and mobile versions (Apple & Android).

Deposit & Withdrawal

Trade Z.com accepts traders to fund their accounts through a series of payment methods, including Credit and Debit Cards, Bank Transfers,E-wallets and alternative payments alike Neteller, POLi, Moneta, iDealm Giropay, Boleto, Skrill, Trustly, Webmoney and YandexMoney.

Customer Support

Z.com Trade offer telephone support during normal office hours. There is also a telephone number provided for urgent assistance outside of regular office hours. Online chat and email support are also available.

Accepted Regions

Z.com Trade accepts traders from all over the world, excluding USA, Canada, Iran and some third-world countries. Some Z.com Trade broker features and products mentioned within this Z.com Trade review may not be available to traders from specific countries due to legal restrictions.