Comparison XTB vs Zacks Trade
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare XTB vs Zacks Trade. Which of them: XTB or Zacks Trade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of XTB on regular transactions of the stock exchange is from 0.3 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 XTB is from 0.1 pips, and the commission fee of Zacks Trade is -. We can also analyze commission fees for trading CFD: they are 0.08% minimum $8.00 USD in XTB vs - in Zacks Trade. For a more complete picture, let’s consider trading in the metal market, where XTB and Zacks Trade have commission fees of from 0.3 pips and -, 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 XTB 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. Concerning the platforms, XTB uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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. XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. 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 XTB with the help of Bank Wire, 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 XTB is n/A, and that one for Zacks Trade is 4-7 working days.
Overall, XTB boasts 4.3 stars versus Zacks Trade 4 stars.