ifc markets
Zacks Trade
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Overview
ifc markets was founded in 2016 and is headquartered in Cyprus, while Zacks Trade was established in 2008 and is based in United States. ifc markets holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. ifc markets serves 60,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $250 at ifc markets and $2500 at Zacks Trade.
| Feature | ifc markets | Zacks Trade |
|---|---|---|
| Min. Deposit | $250 | $2500 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F259 | Unregulated |
| Founded | 2016 | 2008 |
| Country | Cyprus | United States |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ifc markets and Zacks Trade, directly affecting your bottom line as a trader. ifc markets has a lower barrier to entry with a minimum deposit of $250 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. ifc markets applies inactivity fees on dormant accounts; Zacks Trade does not. Zacks Trade charges deposit fees; ifc markets does not. The two brokers are broadly comparable on fee structure.
| Feature | ifc markets | Zacks Trade |
|---|---|---|
| Min. Deposit | $250 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
ifc markets 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 | ifc markets | 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 | 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 ifc markets and Zacks Trade compare. Zacks Trade runs regular live webinars; ifc markets does not. Both provide video tutorials. Zacks Trade publishes daily market commentary; ifc markets 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 | ifc markets | 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. ifc markets 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). ifc markets uniquely supports PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.
| Feature | ifc markets | 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 ifc markets and Zacks Trade offer live chat support. Both provide phone support. Email support is available at both brokers. ifc markets supports 8 languages and Zacks Trade supports 2, giving ifc markets broader global reach. Both brokers are comparable on support quality.
| Feature | ifc markets | 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 |