Choicetrade
z.com
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Choicetrade was founded in 2009 and is headquartered in United States, while z.com was established in 2008 and is based in UK. Choicetrade holds licences including Unregulated, while z.com is regulated by Financial Conduct Authority (FCA) among others. Choicetrade serves 10,000+ clients worldwide; z.com has 10,000+. The minimum deposit is $250 at Choicetrade and $50 at z.com.
| Feature | Choicetrade | z.com |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC) |
| Founded | 2009 | 2008 |
| Country | United States | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Choicetrade and z.com, directly affecting your bottom line as a trader. Choicetrade has a lower barrier to entry with a minimum deposit of $250 (vs $50 at z.com). Both brokers charge withdrawal fees. z.com charges deposit fees; Choicetrade does not. Overall, z.com scores higher on fees in our assessment.
| Feature | Choicetrade | z.com |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Choicetrade offers MT4, MT5, cTrader, while z.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. z.com supports social and copy trading features, which Choicetrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Choicetrade | z.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . | Desktop,Android,Tablet,iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Choicetrade and z.com compare. z.com runs regular live webinars; Choicetrade does not. z.com has a video library; Choicetrade does not. z.com publishes daily market commentary; Choicetrade does not. z.com integrates third-party research tools (Trading Central, Autochartist); Choicetrade does not. z.com maintains an archive of past webinars for on-demand viewing. z.com scores higher overall in education and research.
| Feature | Choicetrade | z.com |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Choicetrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while z.com supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Choicetrade | z.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Choicetrade and z.com offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Choicetrade | z.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |