In accordance with significant changes to the range of services Z.com Trade offers, they has recently informed the closure of Z.com Affiliates, which will close effective of 13th December 2019 (this is the last date on which trading commission is payable).
At the same date, the existing Z.com Trade trading service will end according to their announcement.
Z.com Trade is the service name of GMO-Z.com Trade UK Limited, and is an affiliated company of GMO CLICK.
The closure of their service is in line with larger changes the companies are making to the scope and availability of the products and services, which will likely have an impact of the conversion of new account leads.
The timeline of the changes to the services are as follows:
From November 1st 2019:
New account applicants of Z.com Trade must qualify as either a Professional Client or Eligible Counterparty, and deposit a minimum of $£€10,000 in order to open a Live Account.
From December 9th 2019:
Z.com Trade services will be available only to clients who qualify as a Professional Client or Eligible Counterparty, and have a minimum account balance of $£€50,000 in their trading account.
On December 13th 2019:
The existing Z.com Trade trading service will end.
Any open positions held by client who do not qualify in accordance with the new requirements will be closed by Z.com Trade.
This will also be the last date on which commission can be accrued by affiliates of Z.com Trade Affiliates.
For more information, you may contact multilingual support team from Z.com Trade Official Website.