Interactive Investor
Zacks Trade
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Overview
Interactive Investor was founded in 1995 and is headquartered in UK, while Zacks Trade was established in 2008 and is based in United States. Interactive Investor holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. Interactive Investor serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $1 at Interactive Investor and $2500 at Zacks Trade.
| Feature | Interactive Investor | Zacks Trade |
|---|---|---|
| Min. Deposit | $1 | $2500 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1995 | 2008 |
| Country | UK | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Interactive Investor and Zacks Trade, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; Zacks Trade does not. Zacks Trade charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.
| Feature | Interactive Investor | Zacks Trade |
|---|---|---|
| Min. Deposit | $1 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Interactive Investor offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Interactive Investor supports social and copy trading features, which Zacks Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | Interactive Investor | 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 | Web Trader, ProTrader, 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 Interactive Investor and Zacks Trade compare. Zacks Trade runs regular live webinars; Interactive Investor does not. Both provide video tutorials. Zacks Trade publishes daily market commentary; Interactive Investor 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 | Interactive Investor | 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. Interactive Investor 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 | Interactive Investor | 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 Interactive Investor 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 | Interactive Investor | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |