Zacks Trade Review 2022 (Expert Review)

Zacks Trade Review Summary

Zacks Trade is an online brokerage firm that focuses on helping novice investors succeed. With access to many stock exchange markets, a massive selection of ETFs, and low commissions, Zacks Trade is an ideal choice for both experienced and new investors. The platform is similar to that of Interactive Brokers, with the same level of customer service and a variety of tools. You can trade in stocks, options, and bonds. The platform does not support ETFs, which are relatively obscure. Commissions are high, but they are still manageable. It is best for active day traders rather than long-term investors. They have excellent customer service and a great platform.

Zacks Trade review
Zacks Trade Platform Features

Zacks Trade main features and highlights
๐Ÿ—บ๏ธ Country of regulation Unregulated
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 2500
๐Ÿ•– Time to open a Zacks Trade account 1-3 Days. *A Zacks Trade demo account can be opened in a few minutes, but live Zacks Trade trading account creation times will vary depending on how long it takes to process your Zacks Trade KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 20
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs

Zacks Trade review
Zacks Trade Financial Regulation

Zacks Trade is regulated by Unregulated.

Zacks Trade review
Zacks Trade Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Zacks Trade include a large choice of assets that are available to be traded 24/7; and easy-to-use website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Zacks Trade can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

Zacks Trade review
Zacks Trade Advantages

One of the main advantages of using Zacks Trade is around the clock service and support as well as research offerings. Not only this, but Zacks Trade has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Zacks Trade with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Zacks Trade makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Zacks Trade offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • Zacks Trade has been in business over 10 years.
  • Zacks Trade offers Stock Trading
  • Zacks Trade offers a Apple Mac desktop trading platform
  • Zacks Trade does not have inactivity fees

Zacks Trade review
Zacks Trade Disadvantages

Although Zacks Trade has a lot of good points Zacks Trade does not offer the below.

Zacks Trade Review Risk Warning: Your capital is at risk.

Zacks Trade Review

Zacks Trade review
Things to understand when trading with Zacks Trade

Online trading on trading platforms like Zacks Trade have seen huge growth in the last 3 years. Trading with Zacks Trade requires that you take the time to learn how financial markets work and are able to trade with Zacks Trade using in depth technical analysis and Zacks Trade risk management trading tools. Trading with Zacks Trade involves risk. You should only risk capital with Zacks Trade that you can afford to lose. Understand your risk tolerance with Zacks Trade, and have a trading strategy that Zacks Trade is able to help you execute. Zacks Trade is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Zacks Trade give you access too.

Zacks Trade review
Zacks Trade Trading Fees

Trading fees on Zacks Trade are taken in the form of the spreads Zacks Trade offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Zacks Trade. Zacks Trade fees vary depending on the financial instruments traded and can include, Zacks Trade overnight funding fees, spreads, margins and Zacks Trade inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Zacks Trade account charged by your 3rd party payment provider if your Zacks Trade base currency is different from your Zacks Trade withdrawal method.

NameZacks TradeIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesvariesNoYes
Deposit FeesNoNo
Inactivity FeeNoNoNo
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Losses can exceed deposits
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Losses can exceed deposits

Zacks Trade review
Zacks Trade Financial Instrument Fees

Zacks Trade fees for Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs are listed below.

Zacks Trade review
Zacks Trade Stock Trading Fees

The majority of Zacks Trade trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Zacks Trade stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

Zacks Trade review
Zacks Trade Forex Fees

Commission on Zacks Trade Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Zacks Trade Forex fees is based on their trade size. To calculate Zacks Trade Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

Zacks Trade review
Zacks Trade Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Zacks Trade cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Zacks Trade cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

Zacks Trade review
Zacks Trade Non Trading Fees

Zacks Trade non-trading fees include a variety of Zacks Trade brokerage fees and charges that a trader will pay which are not related to buying and selling assets using the Zacks Trade trading platform. The most common non-trading fees include Zacks Trade withdrawal fees, Zacks Trade deposit fees and Zacks Trade inactivity fees.

Zacks Trade review
Zacks Trade Deposit Fees

Zacks Trade does charge deposit fees in some cases. When funding your Zacks Trade account there may be some Zacks Trade deposit fees which will vary depending on the payment method you use to deposit to your live Zacks Trade trading account.

Zacks Trade review
Zacks Trade Inactivity Fees

Zacks Trade does not charge traders inactivity fees. Zacks Trade does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

Zacks Trade review
Zacks Trade Withdrawal Fees

Zacks Trade does charge Zacks Trade clients small withdrawal fees. Withdrawals fees vary between Zacks Trade and Zacks Trade alternatives depending on where you are located and how much money you are withdrawing.

Zacks Trade review
Zacks Trade Account Fees

Zacks Trade does not charge account fees. Account fees charged differ between Zacks Trade and other brokers. An account is a fee that Zacks Trade and other brokers assesses on all accounts for the ability to keep an account on their platform.

Zacks Trade review
Zacks Trade Account Opening

The Zacks Trade account registration process is simple, user-friendly, and quick. Within 1-3 Days most Zacks Trade trading accounts are ready for live trades. Our Zacks Trade account was validated in 1 day, but live Zacks Trade trading account verification times will vary depending on the time it takes to process your KYC documents and Zacks Trade trading account application. A Zacks Trade demo account can be opened in a few minutes.

Zacks Trade trading accounts are available in over 194 countries. Zacks Trade is restricted in the following countries.

Apart from the restricted countries a Zacks Trade trading account can be opened globally.

The Zacks Trade trading platform is available for residents in US. Some financial instruments Zacks Trade offer may be restricted in your country.

  • Fast Zacks Trade account opening.
  • Zacks Trade accounts can be opened and KYC can be verified digitally.
  • Zacks Trade minimum deposit is 2500 USD / GBP / EURO.
  • Zacks Trade trading account verification may be held up for longer than a day if there is an issue with verifying your account.

Zacks Trade review
Zacks Trade Deposit And Withdrawal

Zacks Trade Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, USD, EURO are supported by Zacks Trade as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Zacks Trade offers the following account GBP, USD, EURO.

When trading make sure your Zacks Trade trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Zacks Trade has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameZacks TradeIC MarketsRoboforex
Number Of Currencies20104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, CNY, XAU
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Zacks Trade review
Zacks Trade Deposit Fees and Deposit Methods

Investors can log in to their Zacks Trade trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Zacks Trade trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Zacks Trade Deposit Fees

Making a deposit on your Zacks Trade account is free.

Zacks Trade Deposit Methods

There are several methods through which you can deposit money into your Zacks Trade account. One can use a credit or debit card and Zacks Trade accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Zacks Trade account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Zacks Trade account.

Zacks Trade review
Zacks Trade Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Zacks Trade brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Zacks Trade positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Zacks Trade account.

Zacks Trade Fees When Withdrawing Your Account Balance

Zacks Trade do not charge withdrawal fees. Some withdrawal fees are out of the control of Zacks Trade and may be due to 3rd party payment providers and your account base currency.

Zacks Trade Withdrawal Methods

Log into your Zacks Trade trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Zacks Trade account to your bank account. To withdraw money from your Zacks Trade account you can use credit or debit cards. Zacks Trade processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Zacks Trade processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

Zacks Trade review
Zacks Trade Trading Platforms

As there are a number of tradable financial instruments available on the Zacks Trade trading platform. Before investing in the Zacks Trade platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Zacks Trade platform has a demo account and educational tool, but it may not be designed for new traders so focuses less on those educational features. Zacks Trade offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on Zacks Trade is available. Another thing to consider is your financial goals. Make sure that a Zacks Trade account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Zacks Trade account. Ensure that Zacks Trade allows you to focus on the type of trading that you want to focus on.

Make sure Zacks Trade is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Zacks Trade, think about how easy it is to use for your personal needs. Does the Zacks Trade platform offer real-time updates or delayed updates that are more informed? Remember to check if Zacks Trade is well regulated, and what tradeable financial instruments Zacks Trade has. Security is very important when it comes to trading with Zacks Trade.

Zacks Trade Web Trading Platform

A Zacks Trade web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Zacks Trade which acts as a financial intermediary. Zacks Trade is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Zacks Trade mobile trading platform.

Zacks Trade Apple IOS Trading Platform

A Zacks Trade iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Zacks Trade Google Play Android Trading Platform

A Zacks Trade Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

Zacks Trade review
Zacks Trade Mobile Trading User Experience

Zacks Trade mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Zacks Trade mobile trading refers to trading using a mobile phone.

Leading brokerages like Zacks Trade offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Zacks Trade portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Zacks Trade. Once you have download the Zacks Trade trading app, you are ready to begin.

Zacks Trade review
Zacks Trade Desktop Computer Trading Platform

A Zacks Trade computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Zacks Trade desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Zacks Trade desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Zacks Trade PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Zacks Trade. A trading computer with access to a Zacks Trade PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Zacks Trade Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Zacks Trade trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Zacks Trade trading platform is very user friendly and easy to use on a Mac device.

Zacks Trade review
Zacks Trade Trading Look And Feel

The Zacks Trade user interface (UI) is what Zacks Trade traders will see and interact with first when trading with the Zacks Trade trading platform. The Zacks Trade is well designed. The goal of the Zacks Trade trading UI is to make the Zacks Trade user's experience easy and intuitive. The Zacks Trade application has good user experience and a good level of customer satisfaction.

Zacks Trade Security

Zacks Trade is a secure trading platform. Zacks Trade offers traders security via 2 factor authentication, SSL encription when trading with Zacks Trade. Zacks Trade trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Zacks Trade. Rate limitation on Zacks Trade suspicious account activities is another layer of protection that is provided for Zacks Trade trading accounts, for example multiple failed login attempts with Zacks Trade. You have the option to further safeguard your account by using Zacks Trade Two-Factor Authentication (2FA), which provides an extra layer of security.

The Zacks Trade trading infrastructure is constantly watched and guarded by a trained team at Zacks Trade In addition, Zacks Trade never send sensitive information without first encrypting on the Zacks Trade trading platform using transport layer security (TLS) and SSL.

Zacks Trade review
Placing A Buy Or Sell Order On Zacks Trade

Available Zacks Trade order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Zacks Trade Market Order

A Zacks Trade market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Zacks Trade market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Zacks Trade market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Zacks Trade Limit Order

A Zacks Trade limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Zacks Trade Stop Order

A Zacks Trade stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Zacks Trade Stop Limit Order

A Zacks Trade stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Zacks Trade stop-limit order triggers a limit order when a stock price hits the stop level. A Zacks Trade stop-limit order can be helpful when trading if you are unable to watch your trades all day.

Zacks Trade review
Zacks Trade Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

Zacks Trade review
Zacks Trade Trading Platform Features

Online trading platforms like Zacks Trade are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Zacks Trade. The Zacks Trade trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Zacks Trade.

Zacks Trade Margin Trading

Zacks Trade margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Zacks Trade margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

Zacks Trade review
Zacks Trade Account Types

Zacks Trade Demo Account

Zacks Trade offers demo accounts that gives traders the ability to purchase and sell Zacks Trade financial instruments in a practice environment, using fake Zacks Trade digital money and live market conditions and data. When you practise on a Zacks Trade demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Zacks Trade platform. Zacks Trade demo accounts allow you to experience and practice a variety of market charts, Zacks Trade trading indicators, and trading strategies using Zacks Trade.

Zacks Trade Standard Account

Zacks Trade offers a standard trading account, allowing Zacks Trade traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Zacks Trade trading platform.

Zacks Trade review
Zacks Trade Tradable Financial Instruments

Zacks Trade tradable financial instruments are the financial instruments that are specifically available to trade on the Zacks Trade trading platform. This refers to the different types of financial markets you can trade with through Zacks Trade. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Zacks Trade.

NameZacks TradeIC MarketsRoboforex
CFD TradingYesYesYes
Stock Markets5000210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
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Losses can exceed deposits
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Losses can exceed deposits

Zacks Trade review
Zacks Trade Trading Stocks

Stock trading with Zacks Trade is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Zacks Trade; if you possess the stock on Zacks Trade, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Zacks Trade involves purchasing and selling stocks and share using Zacks Trade periodically in order to time trades against the stock markets, with the aim of using Zacks Trade to profit from your stock trading. Zacks Trade stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Zacks Trade. Stock traders on Zacks Trade conduct significant study, frequently dedicating several hours every day to market monitoring using Zacks Trade trading tools.

Zacks Trade review
Zacks Trade Trading ETFs

What Are ETFs

Zacks Trade does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Zacks Trade does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

Zacks Trade review
Zacks Trade Trading Cryptocurrencies

Zacks Trade does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by Zacks Trade, so you will need to find a Zacks Trade alternative that allows you to buy and sell the underlying cryptocurrency assets. Zacks Trade CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Zacks Trade alternative and make sure you undertand the risks fully before trading.

Zacks Trade review
Zacks Trade Forex Trading

Forex trading with Zacks Trade is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Zacks Trade. The main aim of Zacks Trade Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Zacks Trade. As a Zacks Trade Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Zacks Trade. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Zacks Trade. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Zacks Trade.

Zacks Trade review
Zacks Trade Commodities Trading

Commodity trading is a type of trading available on Zacks Trade where individuals or businesses buy and sell financial instruments using Zacks Trade related to commodities, such as metals or oil.

Zacks Trade review
Zacks Trade Options Trading

Zacks Trade options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Zacks Trade option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

Zacks Trade review
Zacks Trade Futures Trading

Futures trading with Zacks Trade is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Zacks Trade to facilitate the trade. A Zacks Trade futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Zacks Trade. Typically, futures contracts are traded on an exchange such as Zacks Trade; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Zacks Trade trader to the contract agrees to provide it.

Zacks Trade review
Zacks Trade Bonds Trading

Bonds trading on Zacks Trade is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Zacks Trade trader. Bonds can be bought and sold on Zacks Trade after they are issued. While some bonds are traded publicly through Zacks Trade, most trade over-the-counter between large broker-dealers like Zacks Trade acting on their clients' or their own behalf. Yield is therefore based on the Zacks Trade purchase price of the bond as well as the coupon.

Zacks Trade CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameZacks TradeIC MarketsRoboforex
Forex CFDYesYesYes
Index CFD2530
Stock CFD1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
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Losses can exceed deposits

Zacks Trade review
Zacks Trade Trading Research Tools

Taking advantage of Zacks Trade trading research tools which are designed to help traders analyse potential investments using the Zacks Trade trading platform. Some Zacks Trade research tools include charts, technical analysis, and Zacks Trade trading indicators.

Zacks Trade Trading News

Traders can follow the markets and make wise investment decisions on Zacks Trade by using the news to help form a strategy when it comes to choosing investments. A Zacks Trade news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Zacks Trade Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Zacks Trade economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Zacks Trade Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Zacks Trade fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Zacks Trade Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Zacks Trade are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Zacks Trade portfolios

Trading portfolios are useful when trading with Zacks Trade.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Zacks Trade trading portfolio is a traders collection of investments, which may include a variety of Zacks Trade financial instruments.

Zacks Trade review
Zacks Trade Payment Methods

A Zacks Trade payment method is required to fund your Zacks Trade trading account before placing a buy or sell order on a financial instrument.

When trading with Zacks Trade, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Zacks Trade do not have any control over.

NameZacks TradeIC MarketsRoboforex
Payment MethodsBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
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Losses can exceed deposits
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Losses can exceed deposits

Zacks Trade review
Zacks Trade Withdrawl Methods

When trading with Zacks Trade at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Zacks Trade account balance. Zacks Trade may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Zacks Trade account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Zacks Trade Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Zacks Trade account.

Withdrawal requests can take up to three business days to be processed by Zacks Trade.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Zacks Trade should arrive in less than 24 hours.

Zacks Trade review
Zacks Trade Customer Support

Customer support represents the resources within the Zacks Trade company that provides technical assistance to its customers after they use the Zacks Trade service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Zacks Trade offer email, livechat, phone, customer support.

Zacks Trade Email Support

Zacks Trade offers email support.

Email support is a a convenient method of Zacks Trade customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Zacks Trade regarding your support request.

Zacks Trade Livechat Support

Zacks Trade offers livechat support.

Zacks Trade live chat support is a way for customers to obtain help from Zacks Trade through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Zacks Trade Telephone Support

Zacks Trade offers telephone support.

Zacks Trade telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Zacks Trade call centre to give or take information.

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Zacks Trade Educational Resources

Zacks Trade educational resources are used throughout the Zacks Trade learning environment to help and assist with customer's development and learning of trading on Zacks Trade. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Zacks Trade trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

Zacks Trade Trading Platform Tutorials

Zacks Trade offer a range of learning resources and tutorials and guides made available to registered Zacks Trade users. The Zacks Trade guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Zacks Trade users on basic trading principles.

Zacks Trade Trading Videos

Zacks Trade offer a selection of online trading videos.

Trading videos on Zacks Trade help new and even more experienced investors gain insights into Zacks Trade technical analysis tools and how the different financial markets work when trading on Zacks Trade.

Zacks Trade trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Zacks Trade training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Zacks Trade to trade live financial markets.

Zacks Trade Webinars

Zacks Trade offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Zacks Trade clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Zacks Trade trading platform.

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Zacks Trade Financial Regulation When Trading

Financial regulations on Zacks Trade protect consumers' investments. Regulations prevent financial fraud and limit the risks that Zacks Trade as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Zacks Trade financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Zacks Trade Regulated?

Zacks Trade is regulated by Unregulated.

Zacks Trade is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Zacks Trade are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Zacks Trade investors, directly with financial regulators in your country.

Zacks Trade Regulatory Protection Limits

When registering with Zacks Trade you must check with regulatory body your Zacks Trade trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Zacks Trade account is over seen by. Zacks Trade client funds are stored in segregated 3rd party bank account in accordance with Zacks Trade financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

Zacks Trade Trading Signals

Zacks Trade does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does Zacks Trade make money?

Because Zacks Trade acts as an intermediary, Zacks Trade gets compensated on buy and sell transactions of financial instruments. As a result, Zacks Trade profit is determined by the volume and number of transactions. Zacks Trade earns revenue to fund their Zacks Trade platforms and wide range of trading services through market spreads.

Can you buy shares on Zacks Trade?

Zacks Trade provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. Zacks Trade offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and Zacks Trade on the speculative up or down price movement on an agreed stocks price movement.

Does Zacks Trade offer Cryptocurrency?

Zacks Trade does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

Zacks Trade Lower fees, lower costs?

Zacks Trade have reasonable trading fees and costs. Zacks Trade do not charge a deposit fee. Zacks Trade may charge a withdrawal fee. Some withdrawal fees are out of the control of Zacks Trade and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Zacks Trade minimum deposit is 2500 USD / GBP / EUR.

How to start your Zacks Trade account?

You can sign up for a live or demo Zacks Trade trading account by visiting Zacks Trade and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Zacks Trade account here.

How's the Zacks Trade trading app?

Zacks Trade allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the Zacks Trade trading app here.

Is the quality of Zacks Trade customer service satisfactory?

Zacks Trade have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

Zacks Trade is a good trading platform for new traders as Zacks Trade offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Zacks Trade?

Zacks Trade offer a good selection of withdrawal options. Once Zacks Trade have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

Zacks Trade Review 2022 (Expert Review) guide updated 02/12/22