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ZM Trade Company, operating under the name Zommerce Limited, is a relatively new player in the forex trading market. Established approximately 2 to 5 years ago, the company focuses on offering foreign exchange trading services to a global audience.
ZM Trade is owned by Zommerce Limited, which is registered in China. The ownership structure remains straightforward, with no publicly available information indicating complex parent-subsidiary relationships.
The company's headquarters is located in China, a region known for its rapidly growing financial markets and increasing participation in global trading activities.
ZM Trade primarily targets the forex trading market, providing services to clients across various regions. However, the lack of regulatory oversight raises concerns regarding its operations in different jurisdictions.
Currently, ZM Trade operates without any significant regulatory oversight. Reports indicate that it holds a suspicious regulatory license, which has led to concerns about its legitimacy and operational practices. Clients are advised to be cautious due to the potential high risks involved.
Since its inception, ZM Trade has attempted to expand its services and reach a broader audience. However, its expansion efforts have been hampered by regulatory issues and a lack of transparency.
While specific customer base figures are not disclosed, the company has been reported to attract traders interested in forex due to its service offerings. However, the lack of regulation may deter potential clients.
ZM Trade offers trading platforms that are standard in the industry, such as MetaTrader 4 and MetaTrader 5. However, detailed information about the development history of these platforms is limited.
As of now, ZM Trade has not received any notable awards or recognitions, which is typical for companies operating under regulatory scrutiny.
ZM Trade specializes in forex trading, offering a range of currency pairs. However, the exact number of currency pairs available is not disclosed, and potential clients are advised to verify this information directly with the company.
Currently, ZM Trade does not emphasize stock trading services, focusing primarily on forex and CFD products.
The company provides access to various Contracts for Difference (CFDs), allowing clients to trade on price movements without owning the underlying assets.
ZM Trade also offers trading in cryptocurrencies and commodities, but details regarding specific instruments and their availability are limited.
ZM Trade claims to provide a trading environment with low latency, minimal spreads, and no order requotes, which are common selling points among forex brokers. However, the credibility of these claims is questionable due to the lack of regulatory oversight.
ZM Trade currently operates without oversight from major regulatory bodies. Reports indicate that it has a suspicious regulatory license, which raises significant concerns about its operational legitimacy.
ZM Trade is legally structured as Zommerce Limited in China. There is no information available regarding additional legal entities in other regions.
Due to the lack of regulation, there are no clear client fund protection measures in place. Clients are advised to exercise caution and consider the risks associated with trading with unregulated brokers.
ZM Trade primarily serves clients in regions where forex trading is popular. However, the lack of regulation may limit its ability to operate in certain jurisdictions.
ZM Trade has faced scrutiny for its compliance with regulatory standards. The absence of valid regulatory information raises concerns about its operations and adherence to industry best practices.
ZM Trade positions itself as a forex trading provider, but its lack of regulation and transparency puts it at a disadvantage compared to its more established competitors.
The main differentiation factors for ZM Trade include its claims of low latency and minimal spreads. However, the skepticism surrounding its regulatory status may overshadow these advantages.
In conclusion, ZM Trade operates in a highly competitive forex market but faces significant challenges due to its lack of regulatory oversight and transparency. Potential clients should exercise caution and conduct thorough research before engaging with the company. For more information about trading services and to verify details, consider visiting ZM Trade's official website.
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