Comparison UFX vs Zacks Trade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares UFX vs Zacks Trade. Is UFX or Zacks Trade a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. UFX has a commission fee of from 90 pips, 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 UFX is 3 pips, while the commission fee of Zacks Trade is -. We can also analyze commission fees for trading CFD: they are from 50 pips in UFX 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 50 pips and - for UFX 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 UFX provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading, and Zacks Trade provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. As for platforms, UFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Zacks Trade offers 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. UFX was established in 2007 in Republic of Vanuatu, and it is regulated by VFSC. And Zacks Trade was established in Original company 1978, online brokerage 2008 in United States, and it is regulated by SEC, FINRA, SIPC. We can withdraw funds from UFX 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 withdrawal time for UFX is up to 10 business days, and that one for Zacks Trade is 4-7 working days.
As a result, the rating of UFX is 3.6 stars versus that of Zacks Trade of 4 stars.