NordFX
Zacks Trade
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Overview
NordFX was founded in 2008 and is headquartered in Mauritius, while Zacks Trade was established in 2008 and is based in United States. NordFX holds licences including VFSC (15008), while Zacks Trade is regulated by Unregulated among others. NordFX serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $10 at NordFX and $2500 at Zacks Trade.
| Feature | NordFX | Zacks Trade |
|---|---|---|
| Min. Deposit | $10 | $2500 |
| Regulation | VFSC (15008) | Unregulated |
| Founded | 2008 | 2008 |
| Country | Mauritius | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between NordFX and Zacks Trade, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. NordFX applies inactivity fees on dormant accounts; Zacks Trade does not. Zacks Trade charges deposit fees; NordFX does not. Overall, NordFX scores higher on fees in our assessment.
| Feature | NordFX | Zacks Trade |
|---|---|---|
| Min. Deposit | $10 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
NordFX offers MT4, MT5, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. NordFX supports social and copy trading features, which Zacks Trade does not offer. Zacks Trade edges ahead on platform breadth and functionality in our scoring.
| Feature | NordFX | Zacks Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, 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 NordFX and Zacks Trade compare. Zacks Trade runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. Zacks Trade publishes daily market commentary; NordFX does not. Zacks Trade integrates third-party research tools (Trading Central, Autochartist); NordFX does not. Zacks Trade maintains an archive of past webinars for on-demand viewing. Zacks Trade scores higher overall in education and research.
| Feature | NordFX | Zacks Trade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. NordFX accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Zacks Trade supports 2 (bank transfer, credit/debit card). NordFX uniquely supports Skrill and Neteller among the two brokers. NordFX scores higher on deposit and withdrawal flexibility.
| Feature | NordFX | 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 NordFX and Zacks Trade offer live chat support. Both provide phone support. Email support is available at both brokers. NordFX supports 13 languages and Zacks Trade supports 2, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | NordFX | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay | English, and Chinese |