IIFL vs ZacksTrade

IIFL vs Zacks Trade Comparison Table 2022
IIFL Zacks Trade
WINNER
Zacks Trade is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US accepted
IIFL is one of the top Indian brokers offering competitive Demat accounts with low fees. 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.
Bonus
Gift vouchers worth up to ₹5000
Instruments
Stocks, Futures, Options, Forex Stocks, Options, Crypto, ETFs
Demo Account
No Yes
Minimum Deposit
1000 Rs $2500
Payment Methods
Minimum Trade
$3
Regulator
SEBI FINRA
Margin Trading
Yes Yes
Margin Rate
3.56
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
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
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
IIFL Markets & IIFL Mutual Funds 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
No
Guaranteed Stop Loss
No
Inactivity Fee
$15
Islamic Account
No No
Account Currencies
  • INR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • HUF
Stock Exchanges
Commodities
Forex Trading
IIFL offers forex trading on a range of pairs with the Indian Rupee (INR). Forex trading not offered
GBPUSD Spread
Not offered
EURUSD Spread
Not offered
EURGBP Spread
Not offered
Assets
20+
Cryptocurrency
Crypto trading not offered Trade popular cryptocurrency coins with low fees.
Spread
0.18% fee per trade
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
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