Zacks Trade Review 2026
Established in 2014
•
United States
• SEC Regulated
Zacks Trade is a well-established broker with a solid 4.1/5 rating. Regulated by SEC (highest protection tier), this broker offers spreads from 0.8 pips on EUR/USD with a minimum deposit of $2500. Trade 90000+ instruments including forex, CFDs, and more.
📊 Zacks Trade Overview
Zacks Trade (Zacks Trade Inc) is a well-established broker founded in 2014 headquartered in Chicago, United States. The broker operates under the supervision of SEC , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 90000+ tradable instruments including 90 forex pairs , 50000 stocks , Zacks Trade caters to diverse trading strategies.
| Legal Name | Zacks Trade Inc |
|---|---|
| Founded | 2014 |
| Headquarters |
|
| Primary Regulation | SEC (Tier 1 - Highest Protection) |
| Instruments | 90000+ assets |
| Min Deposit | $2500 |
| Max Leverage | 1:4 |
📖 Zacks Trade — In-Depth Introduction
With roots dating back to 2014, Zacks Trade has 12 years of experience in the brokerage industry. Zacks Trade's SEC authorization subjects the broker to rigorous compliance requirements, regular audits, and strict capital adequacy rules—providing peace of mind for safety-conscious traders. Zacks Trade caters to serious traders with its professional-grade execution and comprehensive platform offerings.
Company Background
Zacks Trade (legally Zacks Trade Inc) has been operating in the financial services industry for 12 years. Headquartered in Chicago, United States, the broker has established a solid track record through various market conditions.
The broker provides access to 90000+ tradable instruments.
💸 Zacks Trade Fees — Complete Cost Analysis
Zacks Trade offers competitive trading costs that will appeal to cost-conscious traders. The 0.8 pip spread on EUR/USD is below the industry average, providing good value. Zacks Trade's ECN accounts feature $2.5 commission per lot, combined with raw spreads. Total trading costs often work out lower than spread-only accounts for high-volume traders. Consider this cost analysis: with 0.8 pip spreads, each standard lot trade on EUR/USD costs $8 in spread. An average retail trader making 50 trades monthly would spend approximately $400 on spreads.
Trading Costs Breakdown
💡 Cost Calculator: Zacks Trade
Non-Trading Fees
| Fee Type | Zacks Trade | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is Zacks Trade Safe? — Complete Security Analysis
Safety and fund security are paramount when choosing a broker, and Zacks Trade excels in this area with a Trust Score of 88/100. This rating reflects strong regulatory compliance, robust fund protection measures, and a clean operational history. Zacks Trade implements institutional-grade fund security: segregated accounts, regular third-party audits, and in some jurisdictions, investor compensation scheme coverage up to €20,000.
Regulatory Framework
Zacks Trade is regulated by SEC.
Security Features Checklist
Understanding the Trust Score
Our 88/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use Zacks Trade?
✅ Best For
- Professional traders will appreciate Zacks Trade's institutional-grade features: tight spreads, advanced platforms, API access, and high leverage options (where permitted).
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on Zacks Trade
Zacks Trade is a solid choice for most traders looking for reliability with a 4.1/5 rating.
📈 Zacks Trade Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how Zacks Trade performed in our rigorous testing:
Zacks Trade offers a solid trading experience with competitive conditions.
💰 Zacks Trade Fees & Spreads
Understanding trading costs is crucial for profitability. Zacks Trade uses a Variable spread model with commissions of $2.5 per lot round turn. The average EUR/USD spread is 0.8 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.3 | 0.8 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $2.5/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | Not available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with Zacks Trade:
- Spread Cost: 0.8 pips × $10/pip = $8.0
- Commission: $2.5 round turn
- Total Cost: $10.5 per lot
🛡️ Zacks Trade Regulation & Safety
Zacks Trade is regulated by SEC, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- SEC
- FINRA
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 88/100
High Trust: Zacks Trade has demonstrated excellent regulatory compliance and safety standards.
🖥️ Zacks Trade Trading Platforms
Zacks Trade offers 3 trading platforms, giving traders flexibility in how they access the markets.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
Zacks Trade Pro
Zacks Trade's custom-built trading platform designed specifically for their clients.
- ✓ Custom Features
- ✓ Integrated Tools
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader | Zacks Trade Pro |
|---|---|---|---|---|
| Available | ✓ | ✓ | ✗ | ✓ |
| Copy Trading | ✗ | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✓ | ✗ | ✗ |
| VPS Available | Not offered | |||
| API Access | Not available | |||
🌐 Zacks Trade Tradable Instruments
Zacks Trade offers access to 90000+ tradable instruments across multiple asset classes. This includes 90 forex pairs , and 50000 global stocks.
👤 Zacks Trade Account Types
Zacks Trade offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice.
Practice with virtual funds
Not available
Not available
Not available
Not available
💳 Zacks Trade Deposits & Withdrawals
Zacks Trade requires a minimum deposit of $2500 .
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ Zacks Trade Pros & Cons
✅ Pros
- Competitive spreads with average 0.8 pips on EUR/USD
- Top-tier SEC regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Negative balance protection for retail traders
❌ Cons
- Minimum deposit of $2500 may be high for beginners
- No copy trading feature
- Limited educational resources for advanced traders
📚 Zacks Trade Education & Research
Zacks Trade's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 Zacks Trade Customer Support
Zacks Trade offers customer support to assist traders with their queries.
⭐ Zacks Trade User Reviews
📝 User reviews will be displayed here. Share your experience with Zacks Trade!
Write a Review🏆 Zacks Trade — Our Verdict
Zacks Trade is a solid choice for most traders. With SEC regulation, 0.8 pips EUR/USD spreads, and a $2500 minimum deposit, this broker is a good choice for safety-conscious traders .
Best for: Safety-focused traders
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ Zacks Trade — Frequently Asked Questions
Is Zacks Trade a safe and regulated broker?
Yes, Zacks Trade is regulated by SEC, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 1 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at Zacks Trade?
The minimum deposit at Zacks Trade is $2500. This is a moderate minimum deposit requirement.
What trading platforms does Zacks Trade offer?
Zacks Trade offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Zacks Trade Pro — Custom-built trading solution
What are Zacks Trade's spreads on EUR/USD?
Zacks Trade offers EUR/USD spreads from 0.3 pips with an average of 0.8 pips. The broker uses Variable spreads. On ECN accounts, there's a commission of $2.5 per lot round turn.
How long do withdrawals take at Zacks Trade?
Withdrawal processing times at Zacks Trade depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does Zacks Trade offer a demo account?
Yes, Zacks Trade offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is Zacks Trade's maximum leverage?
Zacks Trade offers maximum leverage of 1:4. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:4 may be available
Higher leverage increases both potential profits and potential losses.
Can I use Zacks Trade in ?
Zacks Trade accepts traders from . The broker operates under SEC regulation. Always verify current availability and applicable regulations on the broker's website.
Does Zacks Trade offer Islamic (swap-free) accounts?
Zacks Trade does not currently advertise Islamic accounts. If you require swap-free trading, we recommend contacting them directly or considering an alternative broker.
What instruments can I trade with Zacks Trade?
Zacks Trade offers access to 90000+ tradable instruments:
- 90 Forex currency pairs
- 50000 Stock CFDs