Comparison AvaTrade vs Zacks Trade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs Zacks Trade. Is AvaTrade or Zacks Trade a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and Zacks Trade has a commission fee of $0.01 per share with $1 minimum or 1% of trade value if <$1 per share. Let’s analyze the commission fees on trading options. AvaTrade has a commission fee of spreads Vary, Zacks Trade has a commission fee of $1 for First Contract + $0.75 per additional. Now, let’s compare commission fees in Forex, the commission fee of AvaTrade is from 1.3 pips, and the commission fee of Zacks Trade is -. We can also analyze commission fees for trading CFD: they are from 0.13% in AvaTrade vs - in Zacks Trade. For a more complete picture, let’s consider trading in the metal market, where AvaTrade and Zacks Trade have commission fees of from 0.4pips and -, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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 AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex 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. As for platforms, AvaTrade 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. AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Zacks Trade was founded in Original company 1978, online brokerage 2008 in United States, and it is regulated by SEC, FINRA, SIPC. Withdrawal of funds from AvaTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Zacks Trade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 1 withdrawal free monthly. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for Zacks Trade is 4-7 working days.
Overall, AvaTrade boasts 4.8 stars versus Zacks Trade 4 stars.