Comparison Pepperstone vs Zacks Trade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Pepperstone vs Zacks Trade. Is Pepperstone or Zacks Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Pepperstone on regular transactions of the stock exchange is from 0.4 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. Now, let’s compare commission fees in Forex, the commission fee of Pepperstone is from 0.0 pips + $3.50 commission, and the commission fee of Zacks Trade is -. When analyzing commission fees in CFD: Pepperstone provides from 0.3 pips, and Zacks Trade provides -. For a more complete picture, let’s consider trading in the metal market, where Pepperstone and Zacks Trade have commission fees of from 0.5 pips and -, respectively. You can read more detailed information on commission fees in the online broker reviews.
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, Forex Trading, Crypto Trading are provided to customers by Pepperstone and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Zacks Trade. Concerning the platforms, Pepperstone 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.
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. Pepperstone was established in 2010 in Australia, and it is regulated by ASIC, FCA. 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 Pepperstone 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 Pepperstone is 3 - 5 business days, and that one for Zacks Trade is 4-7 working days.
Overall, Pepperstone boasts 4.6 stars versus Zacks Trade 4 stars.