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Zacks Trade Guide – Read our In-Depth Zacks Trade Review

This Zacks Trade review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Zacks Trade review does not apply to US users.

This Zacks Trade review contains the most recent information about Zacks Trade.

If you're a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll get adept at all of the concepts of broker as you keep trading. For starters, you need to choose the right agent who will be clear with you always.

In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan will create hefty returns. Zacks Trade is just one such stage that will take you and your investment to great heights. It is important that you understand about Zacks Trade before you trust them with your money.

Zacks Trade review

Our full Zacks Trade Review covers everything you need to know about trading with Zacks Trade. A fantastic broker can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing objectives.

There is no sure-fire way to guarantee 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 correct. Wrong judgment, initially, can put your investments at risk.

Zacks Trade is a broker that has paved its way successfully to the broker world. In this review, we have tried to collate a number of the vital aspects of Zacks Trade. This review can allow you to understand whether Zacks Trade is a good fit for your own investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.

Zacks Trade Review, Table Of Contents

Who are Zacks Trade?

Zacks Trade is a forex broker headquartered in United States and provides a variety of tools for trading. Since its inception in 2008, Zacks Trade has emerged as a leading player in the industry of online brokerage. Zacks Trade has an extremely aggressive and full-featured trading website that is focused on forex, indices, metals, sharesand commodities.

Over the past 13 years, Zacks Trade has grown into one of the leading online brokers.

After establishing in 2008, their consumer base has become as large as 10,000+ clients.

Zacks Trade is a favorite for many dealers.. Our Zacks Trade review found that they're an excellent alternative for automated trading options. It is most appropriate for investors who are searching for a variety of assets. Social and automated trading solutions are the core at Zacks Trade.

Technology plays a substantial role at Zacks Trade. Zacks Trade offers trading on Android,iPhone/iPad,Tablet. Zacks Trade is honest, transparent, and also a well-regulated broker by the Unregulated. Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also provide in-house research.

The educational section at Zacks Trade is very insightful for new traders since it allows them to get a closer look at the financial markets. Zacks Trade caters to all sorts of traders and are a must-have broker for almost any well-diversified method of trading.

Benefits of trading with Zacks Trade?

Trading with Zacks Trade comes with numerous benefits. These advantages are what sets Zacks Trade apart from the rest of the online agents. You should check all of the advantages listed so you have a better understanding of Zacks Trade.

The broker goes to great lengths to understand what dealers need. Consequently, the support cost is low, fast, and convenient. The broker also provides a number of platforms for all types of traders. Zacks Trade helps to ensure that the individual needs of all online traders are completely met.

Zacks Trade also includes excellent trading conditions that are readily available to only an elite group of institutional clients. The tight spreads and fast executions are a great advantage for the traders. The technology adopted by Zacks Trade is of the maximum caliber, making sure that it's fast, dependable, and effective.

Zacks Trade acknowledges the importance of having a fast order execution. A quick implementation will allow users to trade without worrying about slippage safely. It is going to also help the traders to grab the maximum profitable opportunities.

Automated trading is another major aspect of Zacks Trade. A new trader can learn from business experts utilizing the automatic trading option. The tight spread starts from as low as 0.0 pips, though they are offered for only razor accounts.

Zacks Trade has over 264 trading instruments to support all types of traders. These tools are lively and suitable for both the new and seasoned traders. The traders can set aside all their concerns when trading with Zacks Trade.

Zacks Trade overview

Year Founded: 2008

Regulated By: Unregulated

Hedquarters: United States

Minimum Deposit: $2500

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Zacks Trade is not right for you then at the bottom of this Zacks Trade review you wil find a lot of alternatives to Zacks Trade.

What you ought to know about trading with Zacks Trade

Zacks Trade is a dynamic platform that offers various methods of online trading. These instruments cover the monetary markets considerably. Most of the broker platforms provide less procedures than Zacks Trade

If you wish to trade with Zacks Trade, you will need a minimum deposit of $2500. This deposit is required if you would like to start trading using Zacks Trade. This 2021 Zacks Trade review will direct you easily about trading with them.

Zacks Trade is as flexible as any other broker platform. Zacks Trade is ideal for traders who want a manageable variety of low-cost services. The programs supplied by Zacks Trade are third-party, white-label offerings. All traders can pick from Android,iPhone/iPad,Tablet.

Together with everything, Zacks Trade has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade must be kept open. The agents provide premium customer service that rewards clients with advantages.

Many unprofessional brokers attempt to pressurise users into bigger financing for premium services. Zacks Trade, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater advantages will come along.

Zacks Trade accounts are available all over the world and provides quality service wherever they have customers. There are a few countries where Zacks Trade accounts are not available. Traders in the following countries cannot open or use a Zacks Trade account:

Is Zacks Trade Safe To Trade With?

Launched in 2006, Zacks Trade has been open for 13 years, they are headquarted in United States.

Zacks Trade is regulated by Unregulated. These bodies have rules that make sure that trading platforms have measures in place to maintain investor's assets secured. This means that Zacks Trade users don't need to be worried about their money since it's segregated and safely kept in banks that are established. SSL encryption secures every user's personal information also.

You are able to make use of an option for 2 Factor Authentications (2FA) with Zacks Trade for heightened safety. An SMS for the verification code will be sent to a mobile phone. You'll be asked to input this code to log in to your account.

Another concern with fiscal brokers with respect to security may be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is more prevalent in the case of Market Maker brokers who compete with users on the stage.

Pro's & Con's Of Trading With Zacks Trade

Every online trading platform will have a few ups and downs, and no Zacks Trade review would be complete without showing both sides. This Zacks Trade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Zacks Trade Pro's

  • Zacks Trade is trusted by 10,000+ clients
  • Zacks Trade doesn't charge inactivity fees
  • Zacks Trade doesn't charge deposit fees
  • Zacks Trade doesn't charge CFD fees
  • Zacks Trade offer trading on Android,iPhone/iPad,Tablet
  • Zacks Trade offer 264 trading instruments
  • Zacks Trade trades major forex pairs
  • Zacks Trade can communicate in

Zacks Trade Con's

  • Zacks Trade does not offer Negative Balance Protection
  • Zacks Trade does not offer Guaranteed Stop Loss
  • Zacks Trade charge withdrawal fees
  • Zacks Trade doesn't trade minor forex pairs
  • Zacks Trade doesn't trade exotic forex pairs
  • Zacks Trade doesn't offer trading on cryptocurrencies

Zacks Trade Review - Compare Brokers Similar To Zacks Trade

Zacks Trade eToro Blackwell Global investments
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $2500 $200 $10000 $50
Year Founded 2008 2006 2004 2008
Headquarters United States Cyprus, UK United States UK
Regulated By Unregulated Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Unregulated Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)
Clients 10,000+ 12,000,000+ 10,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk Your capital is at risk

Zacks Trade Review - Regulation And Licencing In More Detail

Zacks Trade is regulated by Unregulated.

Zacks Trade, as a company, has a strong collection of rules for ensuring fair trading on its platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).

As per the organization's privacy regulations, client data is to not be shared with some other institutions or individuals. Including credit history and other financial details.

Zacks Trade Review - Awards

    At the time of writing this Zacks Trade review, they had not received any awards.

Zacks Trade Review - Minimum Deposit Required

The minimum deposit that you must deposit to begin on Zacks Trade is $2500. This is an adequate amount for people just starting out. It's possible to make more complex deposits as you go along. However, ensure that you understand how to make the most of your money before investing in larger sums.

Zacks Trade Review - Commission And Fees Explained

Zacks Trade is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the amount of customers they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three different types of fees for this purpose.

The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you are paying a spread, funding rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those who are charged when you hold a leveraged position for more than a day.

Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your accounts. They are charged for surgeries like depositing money, not trading for long periods, or withdrawals.

Generally, Zacks Trade doesn't charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly trade, for example weekly or daily trading.

However, non-trading fees charged by Zacks Trade are comparatively competitive. Consequently, you're charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of assets.

This Zacks Trade review breaks down every one of the applicable non-trading charges for you in detail.

Compare broker fees against Zacks Trade

Zacks Trade eToro Blackwell Global investments
Minimum Deposit $2500 $200 $10000 $50
Withdrawal Fees variable Yes variable variable
Inactivity Fees Yes
Deposit Fees No
CFD Fees No

Zacks Trade Review - Withdrawal Fees Explained

Zacks Trade charges a withdrawal fee when you make a bank transfer. Every time you move money back into your bank accounts, these withdrawal fees become important.

Withdrawal of money is possible at any time from your Zacks Trade account. It's possible to draw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily have to have any money on your accounts.

In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash will be sent into the card. Zacks Trade will ask you to offer other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you are opting to withdraw in.

Zacks Trade Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head when open an account with Zacks Trade. An inactivity fee is an amount charged to registered traders who haven't engaged in buying or selling for a while. The period regarded as inactive is determined by the agent.

The inactivity fee differs from 1 agent to another and is not generalized. If a dealers account doesn't have a buying or selling transaction, it is claimed by the agent as an inactivity fee. The traders have to pay this commission under terms and conditions that they had consented while registering.

Zacks Trade doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no fees are implied by Zacks Trade, it is best for you to close the account if you are inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you have chosen. The inactivity fee is exposed to many conditions and should be disclosed clearly by the agent beforehand.

Zacks Trade Review - Deposit Fees Explained

When you move money in your trading account by the bank account, a deposit fee can be charged by the broker. Most brokers do not charge an excessive amount of money for this operation.

Zacks Trade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Zacks Trade trading platform is easy. You simply have to complete a single-user profile survey to start depositing money into your trading account. You'll need to provide an identity evidence and proof of residency to deposit substantial sums.

Zacks Trade Review - Compare Broker Deposit Methods

Zacks Trade eToro Blackwell Global investments
Minimum Deposit $2500 $200 $10000 $50
Credit Card Yes
PayPal Yes
Neteller Yes
Skrill Yes
Payoneer Yes

What Can You trade With Zacks Trade?

Note: Zacks Trade offers many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may be different depending on the country of residence of the client.

Zacks Trade has a wide variety of over 264 instruments available for you to trade with.

If trading forex pairs is of interest to you then Zacks Trade offer over currency pairs.

Compare Zacks Trade, eToro, Blackwell Global investments & below.

Zacks Trade eToro Blackwell Global investments
Platforms Android, iPhone/iPad, Tablet Web Trader, Tablet & Mobile apps Blackwell Trader MT4, Mobile Desktop, Android, Tablet, iPhone
Instruments Available 264 100 58 263
Forex & Crypto
Forex Pairs Available 50
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? No Yes No No
Offers Exotic Forex Pairs? No Yes Yes Yes
Offers Cryptocurrencies? No Yes Yes Yes
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? No Yes Yes Yes
Trade Energies? No Yes Yes Yes
Trade Agricultural? No Yes Yes Yes
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? No Yes Yes Yes
Trade US Shares? Yes Yes No No
Trade German Shares? No Yes No No
Trade Japanese Shares? No Yes No Yes

Your capital is at risk

75% of retail investor accounts lose money when trading CFDs with this provider.

Your capital is at risk

Your capital is at risk

Alternatives To Zacks Trade

If, after studying this Zacks Trade review, Zacks Trade doesn't meet your requirements check out these Zacks Trade alternatives.

We have scoured the web to find the best alternatives to Zacks Trade. Click the hyperlinks below to learn more.

Frequently Asked Questions about Zacks Trade

Can I try Zacks Trade before I buy?

Yes, you can most definitely try Zacks Trade before you buy. Zacks Trade offers demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.

If you register to get a demonstration account on Zacks Trade, you will set out using a decent amount of virtual currency. It's to establish a feeling of security and confidence in you until you decide to invest your own money.

With this digital Zacks Tradedemo account, you are able to experiment at all, to whatever period you desire. You can even start positions, test different trading strategies, and much more.

Zacks Trade specifies on its official website that you are able to trade real time stocks with your demo account.

Is Zacks Trade safe?

It is possible to drop all your worries because we believe that Zacks Trade is perfectly safe to use. It's in compliance with the principles of Unregulated.

Even so, Zacks Trade does not provide assured stop-loss protection.

Why does Zacks Trade ask for my passport?

The reason that Zacks Trade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Zacks Trade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Zacks Trade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Zacks Trade?

The process to start trading withZacks Trade is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Zacks Trade website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Zacks Trade is $2500. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Zacks Trade.

The best way to kickstart your trading career with Zacks Trade is to open a demo account facility before risking any real money

What funding methods do Zacks Trade accept?

There are multiple ways to fund your accounts with Zacks Trade. The process is effortless and quick, with different payment methods at your fingertips.

You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal is not available in all place. The currencies Zacks Trade

Is my money safe with Zacks Trade?

Yes, your money is safe and protected with Zacks Trade. As you know, Zacks Trade operates with proper conformation to. It's established lots of measures to guard all its own investors.

Zacks Trade protects its clients' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.

If you wish to further safeguard your accounts, it is possible to enable Two-Step Verification also. It takes an SMS confirmation that you get your account.

Is Zacks Trade trading good?

Yes, trading via Zacks Trade is a nice and good experience indeed. It's a great and intuitive platform with useful features for your ease. Moreover, you can even obtain access to a vast selection of educational tools and assistive substance to kickstart your trading expertise.

If you remain skeptical, you can start a eToro demo account and assess the credibility of the platform on your own.

Which Countries does Zacks Trade support?

Zacks Trade operates across the world. However, due to regulations there are some countries that Zacks Trade does not accept clients resident in

Is Zacks Trade legit?

Zacks Trade is a legit company headquarted in United States since 2008. They are regulated by Unregulated. Zacks Trade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Zacks Trade a good broker?

Zacks Trade is an excellent broker, and its users may vouch for this. The highlight of the platform is its fast order execution on trades.

You will discover the clean layout of this platform and the admirable features that a pleasure to work with.

Is Zacks Trade a trustworthy broker?

Yes, Zacks Trade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Zacks Trade?

The minimum deposit to open a live account with Zacks Trade is $2500

How long do Zacks Trade withdrawals take?

Normally, withdrawal of money from Zacks Trade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Zacks Trade to show in your bank account.

Are Zacks Trade regulated?

Zacks Trade are regulated by Unregulated

Is Zacks Trade a market leading broker?

Zacks Trade is indisputably one of the business leaders. It has over 10,000+ registered users and over 13 years of experience on its own record. They are one of the world's top trading platforms and also a prominent figure in the Fintech revolution.

It simplifies this standing to its incredible platform and wide selection of tools plus resources so that you can invest in capital markets.

Is Zacks Trade a con?

No, Zacks Trade is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Zacks Trade is not a scam.

Can you make money with Zacks Trade?

Using Zacks Trade, several traders make a lot of cash. But typically, through continual trading, you can create between 2% - 10% profit a month.

This may seem like a small number, but within the year, this adds to a substantial amount of gains. Even though Zacks Trade supply you all of the tools to make money, they cannot guarantee that you will gain.

Does Zacks Trade have fees?

Yes. To begin trading using Zacks Trade, you need to deposit $2500. Certain commissions while trading additionally apply. Any processing fees from your bank might need to be incurred by you.

When was Zacks Trade founded?

Zacks Trade was founded in 2008 in United States. Zacks Trade is regulated by Unregulated.

How many people use Zacks Trade?

Zacks Trade is a worldwide recognised broker with 10,000+ clients.

Where is the Zacks Trade head office?

Zacks Trade has its head office in United States

Does Zacks Trade offer negative balance protection?

No. Zacks Trade does not offer negative balance protection. If your balance is unfavorable, Zacks Trade suggests that you promptly contact customer services. With this, you are able to fix any imbalances in your account.

Does Zacks Trade offer guaranteed stop loss?

Zacks Trade regrettably, doesn't provide guaranteed stop loss. Zacks Trade provides a chance for its dealers to close their trades in their specified price. Apart from that, Zacks Trade doesn't provide guaranteed stop loss.

Does Zacks Trade allow scalping?

Yes, Zacks Trade do permit scalping. Many traders across the world select Zacks Trade due to their services that are trading. They offer trading on Android,iPhone/iPad,Tablet which let this.

Does Zacks Trade allow hedging?

Yes, Zacks Trade does allow hedging.

Can you trade energies with Zacks Trade?

No, unfortunately you cannot trade energy stock with Zacks Trade

Can you trade agricultural shares with Zacks Trade?

No, unfortunately you cannot trade agricultural stock with Zacks Trade

Can you trade cryptocurrency with Zacks Trade?

No, unfortunately you cannot trade cryptocurrency with Zacks Trade

Can you trade metals with Zacks Trade?

No, unfortunately you cannot trade metals with Zacks Trade

Can you trade UK Shares with Zacks Trade?

No, unfortunately you cannot trade UK shares with Zacks Trade

Can you trade US Shares with Zacks Trade?

Yes, you can trade US shares with Zacks Trade

Can you trade Japanese Shares with Zacks Trade?

No, unfortunately you cannot trade Japanese shares with Zacks Trade

Can you trade German Shares with Zacks Trade?

No, unfortunately you cannot trade German shares with Zacks Trade

Does Zacks Trade accept bank transfers?

No, Zacks Trade does not accept bank transfers.

Does Zacks Trade accept credit cards?

No, Zacks Trade does not accept credit cards.

Does Zacks Trade accept PayPal?

No, Zacks Trade does not accept PayPal.

Does Zacks Trade accept Skrill?

No, Zacks Trade does not accept Skrill.

Does Zacks Trade accept Payoneer?

No, Zacks Trade does not accept Payoneer.

Does Zacks Trade accept Neteller?

No, Zacks Trade does not accept Neteller.

Does Zacks Trade offer Live Chat customer support?

No, Zacks Trade does not offer customer support through live chat.

Does Zacks Trade offer phone customer support?

No, Zacks Trade does not offer customer support over the telephone.

Does Zacks Trade offer email customer support?

No, Zacks Trade does not offer customer support through email.

What languages can Zacks Trade communicate in?

Zacks Trade has the ability to communicate and support customers who speak:

Does Zacks Trade have a wikipedia page?

No, Zacks Trade does not have an official wikipedia page.

Does Zacks Trade offer demo accounts?

Yes, Zacks Trade offers demo accounts so you can learn their systems before risking any real money.