Startrader
Zacks Trade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Startrader was founded in 2011 and is headquartered in Hong Kong, while Zacks Trade was established in 2008 and is based in United States. Startrader holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. Startrader serves 500,000 + clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $50 at Startrader and $2500 at Zacks Trade.
| Feature | Startrader | Zacks Trade |
|---|---|---|
| Min. Deposit | $50 | $2500 |
| Regulation | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) | Unregulated |
| Founded | 2011 | 2008 |
| Country | Hong Kong | United States |
| Clients | 500,000 + | 10,000+ |
Fees
Fees are a critical factor when choosing between Startrader and Zacks Trade, directly affecting your bottom line as a trader. Zacks Trade has a lower barrier to entry with a minimum deposit of $2500 (vs $50 at Startrader). Startrader charges withdrawal fees while Zacks Trade does not, a notable advantage for frequent withdrawers. Zacks Trade charges deposit fees; Startrader does not. Overall, Startrader scores higher on fees in our assessment.
| Feature | Startrader | Zacks Trade |
|---|---|---|
| Min. Deposit | $50 | $2500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Startrader offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Startrader 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 | Startrader | Zacks Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, MT5 and Web Trader | Android,iPhone/iPad,Tablet |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Startrader 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 | Startrader | 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. Startrader accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Zacks Trade supports 2 (bank transfer, credit/debit card). Startrader uniquely supports Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Startrader | 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 Startrader 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 | Startrader | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese | English, and Chinese |