Swissquote
Zacks Trade
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Overview
Swissquote was founded in 1999 and is headquartered in Switzerland, while Zacks Trade was established in 2008 and is based in United States. Swissquote holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. Swissquote serves 300,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $0 at Swissquote and $2500 at Zacks Trade.
| Feature | Swissquote | Zacks Trade |
|---|---|---|
| Min. Deposit | $0 | $2500 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1999 | 2008 |
| Country | Switzerland | United States |
| Clients | 300,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Swissquote and Zacks Trade, directly affecting your bottom line as a trader. Swissquote has a lower barrier to entry with a minimum deposit of $0 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Zacks Trade charges deposit fees; Swissquote does not. Overall, Swissquote scores higher on fees in our assessment.
| Feature | Swissquote | Zacks Trade |
|---|---|---|
| Min. Deposit | $0 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Swissquote offers MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Swissquote 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 | Swissquote | 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, ZuluTrade, Web Trader, 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 Swissquote and Zacks Trade compare. Zacks Trade runs regular live webinars; Swissquote does not. Both provide video tutorials. Zacks Trade publishes daily market commentary; Swissquote 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 | Swissquote | 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. Swissquote 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 | Swissquote | 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 Swissquote and Zacks Trade offer live chat support. Both provide phone support. Email support is available at both brokers. Swissquote supports 8 languages and Zacks Trade supports 2, giving Swissquote broader global reach. Both brokers are comparable on support quality.
| Feature | Swissquote | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, French, Italian, Spanish, Arabic, Russian, and Chinese | English, and Chinese |