Comparison IFC Markets vs Zacks Trade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IFC Markets vs Zacks Trade. Is IFC Markets or Zacks Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. IFC Markets has a commission fee of from 0.1%, and Zacks Trade has a commission fee of $0.01 per share with $1 minimum or 1% of trade value if <$1 per share. Now, let’s compare commission fees in Forex, the commission fee of IFC Markets is spreads from 0.4 pips, and the commission fee of Zacks Trade is -. We can also analyze commission fees for trading CFD: they are spreads from 34 pips in IFC Markets vs - in Zacks Trade. For a more complete picture, let’s consider trading in the metal market, where IFC Markets and Zacks Trade have commission fees of fixed spreads at 45 pips and -, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Zacks Trade. Concerning the platforms, IFC Markets uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while Zacks Trade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. IFC Markets was established in 2006 in British Virgin Islands, and it is regulated by BVI FSC. 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 IFC Markets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of fees vary. 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 IFC Markets is 1 - 5 business days, and that one in Zacks Trade is 4-7 working days.
As a result, the rating of IFC Markets is 4.8 stars versus that of Zacks Trade of 4 stars.