Core Spreads
Zacks Trade
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Overview
Core Spreads was founded in 2014 and is headquartered in London, while Zacks Trade was established in 2008 and is based in United States. Core Spreads holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. Core Spreads serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $1 at Core Spreads and $2500 at Zacks Trade.
| Feature | Core Spreads | Zacks Trade |
|---|---|---|
| Min. Deposit | $1 | $2500 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2014 | 2008 |
| Country | London | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and Zacks Trade, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Core Spreads charges deposit fees; Zacks Trade does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Core Spreads | Zacks Trade |
|---|---|---|
| Min. Deposit | $1 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Core Spreads offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Core Spreads | 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 | MT4, Web Trader, Tablet & Mobile apps | Android,iPhone/iPad,Tablet |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Core Spreads and Zacks Trade compare. Zacks Trade runs regular live webinars; Core Spreads does not. Both provide video tutorials. Zacks Trade publishes daily market commentary; Core Spreads does not. Both integrate third-party research tools. Zacks Trade maintains an archive of past webinars for on-demand viewing. Zacks Trade scores higher overall in education and research.
| Feature | Core Spreads | Zacks Trade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Core Spreads 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 | Core Spreads | 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 Core Spreads 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 | Core Spreads | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |