Forex EE
Zacks Trade
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while Zacks Trade was established in 2008 and is based in United States. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while Zacks Trade is regulated by Unregulated among others. Forex EE serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $100 at Forex EE and $2500 at Zacks Trade.
| Feature | Forex EE | Zacks Trade |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Regulation | Ministry of Economic Affairs in Estonia | Unregulated |
| Founded | 2008 | 2008 |
| Country | Grenadines | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and Zacks Trade, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Zacks Trade). Forex EE charges withdrawal fees while Zacks Trade does not, a notable advantage for frequent withdrawers. Zacks Trade charges deposit fees; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.
| Feature | Forex EE | Zacks Trade |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Forex EE offers MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Zacks Trade edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | Zacks Trade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | Android,iPhone/iPad,Tablet |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex EE and Zacks Trade compare. Zacks Trade runs regular live webinars; Forex EE does not. Both provide video tutorials. Zacks Trade publishes daily market commentary; Forex EE 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 | Forex EE | 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. Forex EE 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 | Forex EE | 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 Forex EE 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 | Forex EE | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |