TopForex vs Zacks Trade, for 2024
TopForex Rating
|
Zacks Trade Rating
|
Losses can exceed deposits |
Your capital is at risk |
TopForex vs Zacks Trade Guide |
Read our In-Depth TopForex vs Zacks Trade Review - 2024 Update
Our TopForex vs Zacks Trade review has been updated for 2024 from seasoned professionals with extensive financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of TopForex vs Zacks Trade does not apply to all countries as follows:
TopForex 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 TopForex vs Zacks Trade
Each platforms for online trading will have some pros and cons, so any comprehensive TopForex and Zacks Trade review would not be complete without embracing a fair assessment.
Examine TopForex and Zacks Trade to get a better understanding of how they compare with each other prior to you make an account. Conducting a comprehensive comparison can bring aspects into perspective in order that you are informed about what to expect.
So you are looking for a reputable broker and are choosing between TopForex or Zacks Trade. Who is better in 2024?
Our TopForex vs Zacks Trade comparison contains the latest information so you can easily compare Zacks Trade against TopForex.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You'll get proficient at all the concepts of brokerage as 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'll need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. TopForex and Zacks Trade are two such trading platforms that will take you along with your investment to great heights. It is important that you compare TopForex vs Zacks Trade before you trust them with your cash.
Our TopForex vs Zacks Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust TopForex and Zacks Trade side by side.
Our entire TopForex vs Zacks Trade Review covers everything you need to know about trading using either TopForex or Zacks Trade. A good agent can multiply your initial investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you select them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
TopForex and Zacks Trade are both brokers that have forged their way successfully to the brokerage world. Within this review, we have attempted to collate some of the important facets of both TopForex and Zacks Trade. This review will help you to understand whether either Zacks Trade or TopForex is a fantastic fit for your own investments or not. We've attempted to breakdown all the qualities and fees for your convenience.
Benefits of TopForex and Zacks Trade Compared
TopForex offers a minimum deposit of $100 while Zacks Trade has a $2500 minimum deposit.
Why smaller minimum deposits are good and how TopForex 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.
TopForex has around 100 financial instruments while Zacks Trade has around 100 financial instruments available.
The more financial instruments you can trade on the TopForex and Zacks Trade 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 TopForex or Zacks Trade.
TopForex and Zacks Trade Contact Details
Being able to contact a broker easily is vital. TopForex and Zacks Trade have the following contact details and social medias that you can use.
Broker | TopForex | Zacks Trade |
---|---|---|
Telephone Number | ||
Address | ||
TopForex Twitter Account | Zacks Trade Twitter Account | |
TopForex Facebook Page | Zacks Trade Facebook Page | |
TopForex Instagram Account | Zacks Trade Instagram Account | |
TopForex LinkedIn Page | Zacks Trade LinkedIn Page | |
YouTube | TopForex YouTube Channel | Zacks Trade YouTube Channel |
Find Out More |
|
|
Zacks Trade and TopForex Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing TopForex and Zacks Trade will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
TopForex vs Zacks Trade - Awards
TopForex vs Zacks Trade - Frequently Asked Questions
TopForex vs Zacks Trade - Headquarters And Year Of Founding
TopForex was founded in 2009 and has its headquaters in Cyprus.
Zacks Trade was founded in 2008 and has its head office in United States.
What is the minimum deposit for Zacks Trade or TopForex
The minimum deposit for TopForex 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 TopForex and Zacks Trade are a good option.
TopForex vs Zacks Trade - Regulation And Licencing In More Detail
TopForex is regulated by Cyprus Securities and Exchange Commission (CySEC).
Zacks Trade is regulated by Unregulated.
Zacks Trade is unregulated but TopForex has a powerful collection of rules for ensuring fair trading onto its platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).
In accordance with their individual privacy regulation, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare TopForex vs Zacks Trade Commission And Fees
TopForex and Zacks Trade are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily affected by the amount of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you are spending a spread, financing rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people who are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your account. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither TopForex or Zacks Trade charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often trade, such as weekly or daily trading.
But, non-trading fees charged by TopForex and Zacks Trade are relatively greater. Consequently, you're charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not about the purchase and sale of assets.
This TopForex vs Zacks Trade review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For TopForex And Zacks Trade
What Languages Do TopForex And Zacks Trade Support?
Being able to communicate easily with your online platform is a key way of comparing brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading forex.
Here you will find all the languages that both TopForex and Zacks Trade offer communication in.
Broker | TopForex | Zacks Trade |
---|---|---|
Languages Supported | English, and Chinese | English, and Chinese |
Find Out More |
|
|
How Many Clients Do TopForex and Zacks Trade Have?
Both TopForex and Zacks Trade are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers TopForex and Zacks Trade are active on their platform
Broker | TopForex | Zacks Trade |
---|---|---|
Clients / Users | 10,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do TopForex and Zacks Trade Accept?
TopForex 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 TopForex and Zacks Trade
Broker | TopForex | Zacks Trade |
---|---|---|
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | No | No |
Find Out More |
|
|
What Can You Trade With TopForex and Zacks Trade?
TopForex offers 100 trading instruments while Zacks Trade offers 264.
Below you will find a full breakdown of what both TopForex and Zacks Trade offer.
TopForex Review
TopForex vs Zacks Trade:
Table Of Contents
- Compare TopForex vs Zacks Trade
- Benefits of TopForex and Zacks Trade Compared
- Zacks Trade and TopForex Mobile App Comparison
- TopForex vs Zacks Trade - Awards
- TopForex vs Zacks Trade - Frequently Asked Questions
- What is the minimum deposit for Zacks Trade or TopForex
- TopForex vs Zacks Trade - Regulation And Licencing In More Detail
- Compare Broker Fees For TopForex And Zacks Trade
- What Languages Do TopForex And Zacks Trade Support?
- How Many Clients Do TopForex and Zacks Trade Have?
- What Payment Methods Do TopForex and Zacks Trade Accept?
- What Can You Trade With TopForex and Zacks Trade?