fxdd
Zacks Trade
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Overview
fxdd was founded in 2010 and is headquartered in Belize, while Zacks Trade was established in 2008 and is based in United States. fxdd holds licences including Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, while Zacks Trade is regulated by Unregulated among others. fxdd serves 14,000,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $250 at fxdd and $2500 at Zacks Trade.
| Feature | fxdd | Zacks Trade |
|---|---|---|
| Min. Deposit | $250 | $2500 |
| Regulation | Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252 | Unregulated |
| Founded | 2010 | 2008 |
| Country | Belize | United States |
| Clients | 14,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fxdd and Zacks Trade, directly affecting your bottom line as a trader. fxdd has a lower barrier to entry with a minimum deposit of $250 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Zacks Trade charges deposit fees; fxdd does not. Overall, fxdd scores higher on fees in our assessment.
| Feature | fxdd | Zacks Trade |
|---|---|---|
| Min. Deposit | $250 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
fxdd offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxdd supports social and copy trading features, which Zacks Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | fxdd | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 fxdd 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 | fxdd | 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. fxdd accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Zacks Trade supports 2 (bank transfer, credit/debit card). fxdd uniquely supports PayPal and Skrill and Neteller among the two brokers. fxdd scores higher on deposit and withdrawal flexibility.
| Feature | fxdd | Zacks Trade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 fxdd and Zacks Trade offer live chat support. Both provide phone support. Email support is available at both brokers. fxdd supports 8 languages and Zacks Trade supports 2, giving fxdd broader global reach. Both brokers are comparable on support quality.
| Feature | fxdd | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |