Firstrade vs Zacks Trade

Firstrade vs Zacks Trade Comparison Table 2023
Firstrade Zacks Trade
WINNER
Firstrade is the better broker
4
United States Flag Traders from US accepted
Not Yet Rated
United States Flag Traders from US accepted
Firstrade is a US-headquartered discount broker-dealer. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage. Zacks Trade is a US based brokerage, built for the active trader. Trade stocks, ETFs, bonds, mutual funds and more on a proprietary trading platform.
Pros
  • Low minimum deposit
  • Good execution speed
  • Strong regulatory oversight
  • Demo account
  • Multiple account currencies
Cons
  • No demo account
  • No copy trading
  • No MT4 integration
  • Few payment methods
  • Narrow range of investments
  • Few payment methods offered
  • No MetaTrader 4 integration
  • High minimum deposit
  • No copy trading
Awards
  • Best for ETF & Active Investor Commission & Fees - 2019
Bonus
Deposit Bonus Up To $4000
Instruments
Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed Stocks, Options, Crypto, ETFs
Demo Account
No Yes
Minimum Deposit
$0 $2500
Payment Methods
Minimum Trade
$1 $3
Regulator
SEC, FINRA FINRA
Margin Trading
Yes Yes
Margin Rate
4.50% 3.56
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (algos)
Copy Trading
No No
Social Trading
No No
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • HUF
Stock Exchanges
Cryptocurrency
Take positions on 35+ cryptocurrencies with low fees and 24/7 investing. Trade popular cryptocurrency coins with low fees.
Spread
Variable 0.18% fee per trade
Coins
  • ALGO
  • AVAX
  • BAT
  • BTC
  • BCH
  • ADA
  • LINK
  • ATOM
  • CRO
  • CRV
  • MANA
  • DOGE
  • ETH
  • ETC
  • FTM
  • LTC
  • LRC
  • MATIC
  • REN
  • SHIB
  • SOL
  • XLM
  • SUSHI
  • GRT
  • UNI
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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