Focus Option vs Zacks Trade

Focus Option vs Zacks Trade Comparison Table 2023
Focus Option Zacks Trade
4.1
3.9

Zacks Trade is #33 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Focus Option specializes in digital options and leveraged CFDs. The broker offers a web platform and downloadable mobile app, alongside four account options.

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
  • Demo account
  • Multiple account currencies
Cons
  • Few payment methods offered
  • No MetaTrader 4 integration
  • High minimum deposit
  • No copy trading
Instruments
Binary Options, CFDs, Forex, Metals, Indices Stocks, Options, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
$10 $2500
Payment Methods
Minimum Trade
$1 $3
Regulator
FINRA
Margin Trading
Yes Yes
Margin Rate
3.56
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes 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
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No 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
Commodities
CFD Trading
Use leveraged CFDs (between 1:20 and 1:50) to take positions on popular financial markets CFD trading not offered
Leverage
1:50
FTSE Spread
NA
GBPUSD Spread<
3
Oil Spread
1
Stocks Spread
Variable
Forex Trading
Take positions on close to 40 forex pairs including majors Forex trading not offered
GBPUSD Spread
3
EURUSD Spread
1
EURGBP Spread
3
Assets
39
Cryptocurrency
Speculate on 60+ leading digital currencies Trade popular cryptocurrency coins with low fees.
Spread
NA 0.18% fee per trade
Coins
  • BTC
  • ETH
  • XRP
  • USDT
  • BTC
  • LTC
  • ADA
  • AAVE
  • ATOM
  • DOGE
  • KSM
  • CRO
  • THETA
  • LINK
  • YFI
  • YCC
  • MATIC
  • RUNE
  • SOL
  • MANA
  • MIOTA
  • XMONEY
  • XMR
  • SUSHI
  • BAT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Focus Option facilitates binary options trading on a user-friendly, browser-based platform. The broker also offers ultra-short-term binaries from 30 seconds. Binary options trading not offered
Payout
95%
Expiry Times
30 seconds - 1 week
Ladder Options
No No
Boundary Options
No No
More Comparisons
Focus Option
vs
Zacks Trade
vs