easyMarkets
Zacks Trade
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while Zacks Trade was established in 2008 and is based in United States. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Zacks Trade is regulated by Unregulated among others. easyMarkets serves 142,500+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $100 at easyMarkets and $2500 at Zacks Trade.
| Feature | easyMarkets | Zacks Trade |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Unregulated |
| Founded | 2003 | 2008 |
| Country | Cyprus, Australia | United States |
| Clients | 142,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets and Zacks Trade, directly affecting your bottom line as a trader. easyMarkets 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; easyMarkets does not. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | easyMarkets | Zacks Trade |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. easyMarkets supports social and copy trading features, which Zacks Trade does not offer. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | easyMarkets | 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 easyMarkets 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 | easyMarkets | 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. easyMarkets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Zacks Trade supports 2 (bank transfer, credit/debit card). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | Zacks Trade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both easyMarkets and Zacks Trade offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and Zacks Trade supports 2, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, and Chinese |