Compare Swissquote vs Zacks Trade


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

Swissquote vs Zacks Trade
overall rating
4.7
4.6
overall pros
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
  • Low fees
  • Extensive stock and ETF selection
  • Great customer service.
overall cons
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
  • Complex desktop platform and research tools
  • Slow and complicated account opening
  • Limited educational tools
fees
2.3
  • Low fund fees
  • No inactivity fee
  • Low financing rate
  • High trading fees
  • High stock and ETF fees
  • High bond fees
  • Withdrawal fee at Swissquote (CH)
4.3
  • Low stock and ETF fees
  • No inactivity fee
  • Low margin rates
  • High fund fees
account opening
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Long wait times
  • Forex and robo-advisor accounts have high minimum
2.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Not user-friendly
deposit and withdrawal
4.1
  • Credit/Debit card available
  • Several account base currencies
  • Swiss entity charges withdrawal and deposit fees
3.5
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
web trading platform
4.3
  • Clear fee report
  • Two-step (safer) login
  • Good search function
  • Easy to get lost among functions
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.7
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
3.5
  • 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
3.3
  • 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
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
  • Robo-advisory
3.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
3.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
  • Recommendations are not structured
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Email answers are not always relevant
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 general education videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Affluent investors who value safety and are OK with higher fees Traders and investors looking for comprehensive research tools, wide product selection, and low fees
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