FP Markets vs Zacks Trade compared
- Account opening score5.0/5
- Markets and products score2.8/5
- Deposit and withdrawal score4.7/5
- Account opening score2.5/5
- Markets and products score4.1/5
- Deposit and withdrawal score3.5/5
- BeginnersNO
- EquityNO
- ForexYES
- CFDYES
- BeginnersNO
- EquityYES
- ForexNO
- CFDNO
Basic data of broker
Recommended for Forex and CFD traders familiar with the MetaTrader and IRESS trading platforms
Recommended for Traders and investors looking for comprehensive research tools, a wide product selection and low fees
Australia
USA
Fees
Low trading and non-trading fees, high stock CFD fees
Low trading and non-trading fees, high fund fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
10
20
Deposit type
Withdrawal type
Account opening
$50
$0
1 day
>3 days
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement
Trading platform
Markets and products
Disclaimer: 73.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Great
Customer service
Security
€20k to EU clients, $0 to others
$500k (securities up to $500k, cash up to $250k)
€20k to EU clients, $0 to others
$500k (securities up to $500k, cash up to $250k)
2005
1978
Australia, Cyprus, St. Vincent and the Grenadines, South Africa, Seychelles, Mauritius
USA
FP MarketsFor detailed information and hands-on experience, read our review of this broker.
Zacks TradeFor detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
FP Markets's service is on par with Zacks Trade's and a comparison of their fees shows that FP Markets's fees are similar to Zacks Trade's.
Account opening takes much less effort at FP Markets compared to Zacks Trade, deposit and withdrawal processes are more seamless at FP Markets, while customer service quality is somewhat better than Zacks Trade's.
Our experts rated the trading platform of FP Markets as being of the same quality as the platform of Zacks Trade, found that clients have access to less markets and products with FP Markets, while Zacks Trade provides somewhat better research and education.