BNP Paribas
Zacks Trade
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Overview
BNP Paribas was founded in 2004 and is headquartered in UK, while Zacks Trade was established in 2008 and is based in United States. BNP Paribas holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. BNP Paribas serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $100 at BNP Paribas and $2500 at Zacks Trade.
| Feature | BNP Paribas | Zacks Trade |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2004 | 2008 |
| Country | UK | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BNP Paribas and Zacks Trade, directly affecting your bottom line as a trader. BNP Paribas has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Zacks Trade charges deposit fees; BNP Paribas does not. Overall, BNP Paribas scores higher on fees in our assessment.
| Feature | BNP Paribas | Zacks Trade |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
BNP Paribas offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. BNP Paribas supports social and copy trading features, which Zacks Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | BNP Paribas | 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 | iPhone/iPad,Mac,Desktop, | Android,iPhone/iPad,Tablet |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BNP Paribas and Zacks Trade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | BNP Paribas | Zacks Trade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BNP Paribas 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 | BNP Paribas | 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 BNP Paribas 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 | BNP Paribas | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |