EagleFX
Zacks Trade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Zacks Trade was established in 2008 and is based in United States. Both brokers are regulated by Unregulated, among other authorities. EagleFX serves 5,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $10 at EagleFX and $2500 at Zacks Trade.
| Feature | EagleFX | Zacks Trade |
|---|---|---|
| Min. Deposit | $10 | $2500 |
| Regulation | Unregulated | Unregulated |
| Founded | 2019 | 2008 |
| Country | Dominica | United States |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Zacks Trade, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $2500 at Zacks Trade). EagleFX charges withdrawal fees while Zacks Trade does not, a notable advantage for frequent withdrawers. EagleFX applies inactivity fees on dormant accounts; Zacks Trade does not. Zacks Trade charges deposit fees; EagleFX does not. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | Zacks Trade |
|---|---|---|
| Min. Deposit | $10 | $2500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while Zacks Trade supports MT4, MT5, cTrader. EagleFX supports social and copy trading features, which Zacks Trade does not offer. Zacks Trade edges ahead on platform breadth and functionality in our scoring.
| Feature | EagleFX | Zacks Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | 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 EagleFX and Zacks Trade compare. Zacks Trade runs regular live webinars; EagleFX does not. Zacks Trade has a video library; EagleFX does not. Zacks Trade publishes daily market commentary; EagleFX does not. Zacks Trade integrates third-party research tools (Trading Central, Autochartist); EagleFX does not. Zacks Trade maintains an archive of past webinars for on-demand viewing. Zacks Trade scores higher overall in education and research.
| Feature | EagleFX | 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. EagleFX 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 | EagleFX | 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 EagleFX 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 | EagleFX | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |