Compare FXTM vs Zacks Trade


Online brokers compared for fees, trading platforms, safety and more. See how FXTM stacks up against Zacks Trade!

FXTM vs Zacks Trade
overall rating
4.2
4.6
overall pros
  • Superb customer service
  • Great educational tools
  • Digital and fast account opening
  • Low fees
  • Extensive stock and ETF selection
  • Great customer service
overall cons
  • High CFD fees
  • Inactivity and withdrawal fees
  • Limited product portfolio
  • Complex desktop platform and research tools
  • Slow and complicated account opening
  • Limited educational tools
fees
3.1
  • Low forex fees
  • Low financing rate
  • Withdrawal fee
  • High CFD fees
4.3
  • Low stock and ETF fees
  • No withdrawal fee
  • No inactivity fee
  • High fund fees
account opening
5.0
  • Fast
  • Fully digital
  • User-friendly
2.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Not user-friendly
deposit and withdrawal
3.7
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal - within 3 days
  • Most of the withdrawal options have a fee
3.5
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
3.8
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
  • Alerts only through chatbot
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
markets and products
2.4
  • Stock
  • Forex
  • CFD
  • Crypto
3.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
3.8
  • Quality news flow
  • User-friendly
  • Technical analysis-based trading ideas
  • No fundamental data available
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.3
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
2.5
  • Demo account
  • Trading platform tutorial
  • No educational videos
  • No webinars
  • Negative balance protection
  • Regulated by top-tier FCA
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Forex traders familiar with the MetaTrader platform Traders and investors looking for comprehensive research tools, a wide product selection and low fees
×