ZacksTrade: Built for the active trader. Stock & ETF trades from $3, 75¢ options contracts and 3.56% margin rate (lower on occasion)
ZacksTrade: Built for the active trader. Stock & ETF trades from $3, 75¢ options contracts and 3.56% margin rate (lower on occasion)
ZacksTrade is broker that provides access to Stocks and Options. Surprisingly, ZacksTrade does not support either of the enormously popular MetaTrader platforms (4 and 5).
ZacksTrade is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
ZacksTrade Summary
ZacksTrade: Built for the active trader. Stock & ETF trades from $3, 75¢ options contracts and 3.56% margin rate (lower on occasion)
Ratings
30%
Trust
33%
Instruments
0%
Features
Bonus
None
Instruments
Stocks, Options
Demo Account
✗
Min. Deposit
$2500
Min. Trade
From $3
Regulated By
SEC
MetaTrader 4
✗
MetaTrader 5
✗
cTrader
✗
DMA Account
✗
ECN Account
✗
Mobile Apps
iOS and Android
Auto Trading
✗
Trade Signals
✗
Social Trading
✗
Copy Trading
✗
Islamic Account
✗
Payment Methods
ZacksTrade accepts the following payment methods:
Wire Transfer
ACH Transfer
Cheque
Risk Warning – Your capital is at risk
FAQ
Is ZacksTrade Safe?
In our review we gave ZacksTrade a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that ZacksTrade is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does ZacksTrade Accept PayPal?
No, ZacksTrade does not accept PayPal payments.
Is ZacksTrade Halal?
Probably not, as ZacksTrade does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
Is ZacksTrade Regulated in the UK?
No, ZacksTrade is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for safer options
Is ZacksTrade Regulated?
Yes, ZacksTrade is regulated by SEC.
The fact that ZacksTrade is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.
ZacksTrade vs Other Brokers
If you want to compare ZacksTrade with other brokers, use the detailed comparisons below.
ZacksTrade vs
ZacksTrade: Built for the active trader. Stock & ETF trades from $3, 75¢ options contracts and 3.56% margin rate (lower on occasion)
ZacksTrade: Built for the active trader. Stock & ETF trades from $3, 75¢ options contracts and 3.56% margin rate (lower on occasion)
