Comparison Swissquote vs Zacks Trade

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

First of all, we’ll compare the commission fees of the two brokers. Swissquote has a commission fee of from £15, and Zacks Trade has a commission fee of $0.01 per share with $1 minimum or 1% of trade value if <$1 per share. When analyzing trading options, the commission fees of Swissquote is £1 per contract (Minimum £5), and that one of Zacks Trade is $1 for First Contract + $0.75 per additional. Now, let’s compare commission fees in Forex, the commission fee of Swissquote is average spread of 1.3 pips, and the commission fee of Zacks Trade is -. When analyzing commission fees in CFD: Swissquote provides from 0.06%, and Zacks Trade provides -. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: £1 per contract (Minimum £5) and - for Swissquote and Zacks Trade, 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 Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor, and Zacks Trade provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. Concerning the platforms, Swissquote 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. Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. 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 Swissquote can be done using Bank Wire with a withdrawal fee of depends on account type. And Zacks Trade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 1 withdrawal free monthly. The time for withdrawal in Swissquote is 1-2 working days, and that one in Zacks Trade is 4-7 working days.

As a result, the rating of Swissquote is 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
 
Swissquote
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
Swissquote
Stock
From £15
ETFs
From £15
Options
£1 per contract (Minimum £5)
Mutual Funds
From £9
Bonds
0.3% (Minimum of £50)
Forex Spreads
Average spread of 1.3 pips
CFDs
From 0.06%
Futures
£1 per contract (Minimum £5)
Metals
£1 per contract (Minimum £5)
Cryptocurrency
Starting at 1%
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
Futures Trading
Crypto Trading
Robo Advisor
Swissquote
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Zacks Trade
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Swissquote
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Zacks Trade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Education
Demo account
Swissquote
Research & Analysis
Education
Demo account
Zacks Trade
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Swissquote
Android App
iOS App
Zacks Trade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Swissquote
Minimum deposit
£0
Bank Wire
Visa/Mastercard
Zacks Trade
Minimum deposit
$2,500
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
Swissquote
Bank Wire
Withdrawal Time
1-2 working days
Withdrawal Fee
Depends on account type
Zacks Trade
Bank Wire
Withdrawal Time
4-7 working days
Withdrawal Fee
1 withdrawal free monthly

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Swissquote
Сountry of Origin
1996
Year Founded
Switzerland
Regulated By
FCA, FINMA, DFSA, MAS, SFC
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
 
Swissquote
Phone
Yes
Email
Yes
Live Chat
Yes
Zacks Trade
Phone
Yes
Email
Yes
Live Chat
Yes

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