Abshire Smith
Zacks Trade
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while Zacks Trade was established in 2008 and is based in United States. Abshire Smith holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. Abshire Smith serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $500 at Abshire Smith and $2500 at Zacks Trade.
| Feature | Abshire Smith | Zacks Trade |
|---|---|---|
| Min. Deposit | $500 | $2500 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1997 | 2008 |
| Country | United kingdom | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and Zacks Trade, directly affecting your bottom line as a trader. Zacks Trade has a lower barrier to entry with a minimum deposit of $2500 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. Abshire Smith charges deposit fees; Zacks Trade does not. The two brokers are broadly comparable on fee structure.
| Feature | Abshire Smith | Zacks Trade |
|---|---|---|
| Min. Deposit | $500 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Abshire Smith supports social and copy trading features, which Zacks Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | Abshire Smith | Zacks Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | Android,iPhone/iPad,Tablet |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Zacks Trade compare. Zacks Trade runs regular live webinars; Abshire Smith does not. Zacks Trade has a video library; Abshire Smith does not. Zacks Trade publishes daily market commentary; Abshire Smith does not. Zacks Trade integrates third-party research tools (Trading Central, Autochartist); Abshire Smith does not. Zacks Trade maintains an archive of past webinars for on-demand viewing. Zacks Trade scores higher overall in education and research.
| Feature | Abshire Smith | Zacks Trade |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Zacks Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Abshire Smith | Zacks Trade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and Zacks Trade offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Abshire Smith | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |