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.