Comparison IronFX vs Zacks Trade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IronFX vs Zacks Trade. Is IronFX or Zacks Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of IronFX on regular transactions of the stock exchange is spreads from 0.3 pips, commissions of 0.10%, 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 IronFX is from 0.5 pips, while the commission fee of Zacks Trade is -. For a more complete picture, let’s consider trading in the metal market, where IronFX and Zacks Trade have commission fees of spreads from 0.04 pips and -, respectively. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are IronFX provides customers with Stocks Trading, Forex Trading, Futures Trading, Crypto Trading, and Zacks Trade provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. Concerning the platforms, IronFX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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. IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. And Zacks Trade was founded in Original company 1978, online brokerage 2008 in United States, and it is regulated by SEC, FINRA, SIPC. We can withdraw funds from IronFX with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Zacks Trade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is 1 withdrawal free monthly. The time for withdrawal in IronFX is 1 - 5 business days, and that one in Zacks Trade is 4-7 working days.
As a result, the rating of IronFX is 4.8 stars versus that of Zacks Trade of 4 stars.