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Comparison eToro vs Zacks Trade

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares eToro vs Zacks Trade. Is eToro or Zacks Trade a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. eToro has a commission fee of 0.09% spread per side, and Zacks Trade has a commission fee of $0.01 per share with $1 minimum or 1% of trade value if <$1 per share. For trading in Forex, the commission fee of eToro is from 3 pips, while the commission fee of Zacks Trade is -. We can also analyze commission fees for trading CFD: they are from 0.09% in eToro vs - in Zacks Trade. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 2 pips and - for eToro and Zacks Trade, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by eToro and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Zacks Trade. Concerning the platforms, eToro uses Web Platform, Android App, iOS App, while Zacks Trade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. eToro was established in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And Zacks Trade was established in Original company 1978, online brokerage 2008 in United States, and it is regulated by SEC, FINRA, SIPC. Withdrawal of funds from eToro can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $25. And Zacks Trade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 1 withdrawal free monthly. The withdrawal time for eToro is within 1 business day, and that one for Zacks Trade is 4-7 working days.

As a result, the rating of eToro is 4.4 stars versus that of Zacks Trade of 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
eToro
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Zacks Trade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
eToro
Stock
0.09% spread per side
ETFs
0.09% spread per side
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
From 3 pips
CFDs
From 0.09%
Futures
N/A
Metals
From 2 pips
Cryptocurrency
From 1.5%
Zacks Trade
Stock
$0.01 per share with $1 minimum or 1% of trade value if <$1 per share
ETFs
$0.01 per share with $1 minimum or 1% of trade value if <$1 per share
Options
$1 for First Contract + $0.75 per additional
Mutual Funds
$27.50
Bonds
Government Bonds: 0.025% Face Value + $3 per bond Corporate Bonds: 0.1% Face Value + $3 per bond
Forex Spreads
-
CFDs
-
Futures
-
Metals
-
Cryptocurrency
-

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
eToro
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Zacks Trade
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
eToro
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Zacks Trade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
eToro
Research & Analysis
Social trading
Education
Demo account
Zacks Trade
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
eToro
Android App
iOS App
Zacks Trade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
eToro
Minimum deposit
$200
Bank Wire
Visa/Mastercard
PayPal
Zacks Trade
Minimum deposit
$2,500
Bank Wire
Visa/Mastercard
PayPal

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
eToro
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
$25
Zacks Trade
Bank Wire
Visa/Mastercard
Withdrawal Time
4-7 working days
Withdrawal Fee
1 withdrawal free monthly

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
eToro
Сountry of Origin
Cyprus
Year Founded
2007
Regulated By
CySEC, FCA, ASIC
Zacks Trade
Сountry of Origin
United States
Year Founded
Original company 1978, online brokerage 2008
Regulated By
SEC, FINRA, SIPC

Customer Service

Customer Service
Phone
Email
Live Chat
 
eToro
Phone
+44-866-350-0881
Email
support@etoro.com
Live Chat
No
Zacks Trade
Phone
Yes
Email
Yes
Live Chat
Yes

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