FxPro vs Zacks Trade, Who's The Best?
Read our In-Depth FxPro vs Zacks Trade Review - 2024 Update
This review comparing FxPro and Zacks Trade has been revised to reflect any changes for 2024 by industry experts boasting years of financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FxPro vs Zacks Trade does not apply to all countries as follows:
FxPro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Zacks Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FxPro vs Zacks Trade
Each platforms for online trading has a few advantages and disadvantages, so a complete review of FxPro and Zacks Trade should not be regarded as thorough without having an objective perspective.
Examine Zacks Trade and FxPro to understand how these platforms stack up against one another prior to you decide to open an account. Conducting a comprehensive comparison can bring aspects in perspective in order that you are aware of what you should anticipate.
So you are looking for an online trading platform and are choosing between FxPro or Zacks Trade. Which one is best in 2024?
This FxPro vs Zacks Trade comparison contains the most recent information so you can easily compare Zacks Trade against FxPro.
If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You will acquire proficient at all the concepts of broker since you continue trading. For starters, you need to select the ideal broker who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. FxPro and Zacks Trade are two such platforms which will take you and your investment into great heights. It's important that you compare FxPro vs Zacks Trade until you trust them with your cash.
Our FxPro vs Zacks Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FxPro and Zacks Trade side by side.
Our full FxPro vs Zacks Trade Review covers everything you will need to learn about trading with either FxPro or Zacks Trade. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; thus, you must carefully assess your broker before you select them. It is a common misconception that all brokers will be the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
FxPro and Zacks Trade are both brokers which have forged their way successfully into the brokerage world. Within this review, we have tried to collate some of the vital facets of both FxPro and Zacks Trade. This review will allow you to understand whether either Zacks Trade or FxPro is a fantastic match for your own investments or not. We have tried to breakdown all the features and charges for your convenience.
Benefits of FxPro and Zacks Trade Compared
FxPro has a minimum deposit of $100 while Zacks Trade offers a $2500 minimum deposit.
Why smaller minimum deposits are good and how FxPro and Zacks Trade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FxPro has around 250 financial instruments whilst Zacks Trade allows you to trade around 250 financial instruments available.
The more instruments you can trade on the FxPro and Zacks Trade trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of FxPro or Zacks Trade.
FxPro and Zacks Trade Contact Details
Being able to contact your broker easily is vital. FxPro and Zacks Trade have the following contact details and social medias that you can use.
Broker | FxPro | Zacks Trade |
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Telephone Number | +44 203 151 5550 | |
support@fxpro.com | ||
Address | 13-14 Basinghall street, London, City of London EC2V 5BQ" | |
FxPro Twitter Account | Zacks Trade Twitter Account | |
FxPro Facebook Page | Zacks Trade Facebook Page | |
FxPro Instagram Account | Zacks Trade Instagram Account | |
FxPro LinkedIn Page | Zacks Trade LinkedIn Page | |
YouTube | FxPro YouTube Channel | Zacks Trade YouTube Channel |
Find Out More |
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Zacks Trade and FxPro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of FxPro and Zacks Trade we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FxPro vs Zacks Trade - Awards
Broker | FxPro | Zacks Trade |
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Awards |
FxPro have won numerous industry awards over the years they have been operating as a financial broker. We show the most recognised awards for FxPro below.
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At the time of writing this Zacks Trade review, and despite Zacks Trade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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FxPro vs Zacks Trade - Frequently Asked Questions
FxPro vs Zacks Trade - Headquarters And Year Of Founding
FxPro was founded in 2006 and has its head office in UK.
Zacks Trade was founded in 2008 and has its head office in United States.
What is the minimum deposit for Zacks Trade or FxPro
The minimum deposit for FxPro is $100.
The minimum deposit for Zacks Trade is $2500.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FxPro and Zacks Trade are a good option.
FxPro vs Zacks Trade - Regulation And Licencing In More Detail
FxPro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA).
Zacks Trade is regulated by Unregulated.
Zacks Trade is unregulated but FxPro has a powerful collection of rules for ensuring honest trading onto its own platforms. For data encryption functions, they provide industry-standard secure socket layer (SSL).
As per their individual privacy regulation, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare FxPro vs Zacks Trade Commission And Fees
FxPro and Zacks Trade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. In other words, an online broker is not necessarily affected by the amount of clients they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three different types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you're paying a spread, financing speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your account. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither FxPro or Zacks Trade charge high fees compared to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often trade, for example daily or weekly trading.
However, non-trading fees charged by FxPro and Zacks Trade are comparatively higher. Consequently, you are billed more for non-trading actions on your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of assets.
This FxPro vs Zacks Trade review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For FxPro And Zacks Trade
What Languages Do FxPro And Zacks Trade Support?
Being able to talk easily with your online broker is a key element when comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Here you can find the languages that both FxPro and Zacks Trade offer communication in.
How Many Clients Do FxPro and Zacks Trade Have?
Both FxPro and Zacks Trade are well known and trusted. It is important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers FxPro and Zacks Trade are working with
What Payment Methods Do FxPro and Zacks Trade Accept?
FxPro and Zacks Trade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FxPro and Zacks Trade
What Can You Trade With FxPro and Zacks Trade?
FxPro offers 250 trading instruments while Zacks Trade offers 264.
Below you will find a full breakdown of what both FxPro and Zacks Trade offer.
FxPro Review
FxPro vs Zacks Trade:
Table Of Contents
- Compare FxPro vs Zacks Trade
- Benefits of FxPro and Zacks Trade Compared
- Zacks Trade and FxPro Mobile App Comparison
- FxPro vs Zacks Trade - Awards
- FxPro vs Zacks Trade - Frequently Asked Questions
- What is the minimum deposit for Zacks Trade or FxPro
- FxPro vs Zacks Trade - Regulation And Licencing In More Detail
- Compare Broker Fees For FxPro And Zacks Trade
- What Languages Do FxPro And Zacks Trade Support?
- How Many Clients Do FxPro and Zacks Trade Have?
- What Payment Methods Do FxPro and Zacks Trade Accept?
- What Can You Trade With FxPro and Zacks Trade?