XTB
Zacks Trade
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Overview
XTB was founded in 2002 and is headquartered in Poland, while Zacks Trade was established in 2008 and is based in United States. XTB holds licences including Financial Conduct Authority (FCA), while Zacks Trade is regulated by Unregulated among others. XTB serves 250,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $0 at XTB and $2500 at Zacks Trade.
| Feature | XTB | Zacks Trade |
|---|---|---|
| Min. Deposit | $0 | $2500 |
| Regulation | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Unregulated |
| Founded | 2002 | 2008 |
| Country | Poland | United States |
| Clients | 250,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between XTB and Zacks Trade, directly affecting your bottom line as a trader. XTB has a lower barrier to entry with a minimum deposit of $0 (vs $2500 at Zacks Trade). XTB charges withdrawal fees while Zacks Trade does not, a notable advantage for frequent withdrawers. Zacks Trade charges deposit fees; XTB does not. Overall, XTB scores higher on fees in our assessment.
| Feature | XTB | Zacks Trade |
|---|---|---|
| Min. Deposit | $0 | $2500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
XTB offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XTB supports social and copy trading features, which Zacks Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | XTB | 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 | MT4, Mirror Trader, 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 XTB 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 | XTB | 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. XTB 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). XTB uniquely supports PayPal and Skrill and Neteller among the two brokers. XTB scores higher on deposit and withdrawal flexibility.
| Feature | XTB | 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 XTB and Zacks Trade offer live chat support. Both provide phone support. Email support is available at both brokers. XTB supports 12 languages and Zacks Trade supports 2, giving XTB broader global reach. Both brokers are comparable on support quality.
| Feature | XTB | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, and Chinese |