Quotex vs Zacks Trade
Quotex Review 2023 | Zacks Trade Review 2023 |
---|---|
![]()
4.4
|
![]()
3.9
Zacks Trade is #34 in our broker rankings. |
![]() |
![]() |
Quotex is an offshore broker specializing in binary options across 400+ assets. Founded in 2019, the broker is popular for its user-friendly web platform and competitive payouts up to 98%. New traders can also claim a welcome deposit bonus. |
Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data. |
Bonus Offer | |
30% Deposit Bonus | |
Comment by Reviewer | |
"Quotex is ideal for traders looking for a good range of digital options with high payouts and trading signals." | "Zacks Trade will suit active day traders with experience using powerful platforms. Fees and margin rates are low while the market research is excellent." |
Pros | |
|
|
Cons | |
|
|
Instruments | |
Digital Options, Stocks, Forex, Commodities, Cryptos | Stocks, Options, Crypto, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $2500 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
$1 | $3 |
Regulator | |
FINRA | |
Margin Trading | |
No | Yes |
Margin Rate | |
3.56 | |
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 | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
No | Yes (algos) |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $15 |
Islamic Account | |
No | No |
Account Currencies | |
|
|
Stock Exchanges | |
Commodities | |
Forex Trading | |
Over 20 forex pairs are available via digital options. Payouts are decent and climb to 82% on the EUR/USD. Go up or down on popular currencies, including all the majors. | Forex trading not offered |
GBPUSD Spread | |
N/A | |
EURUSD Spread | |
N/A | |
EURGBP Spread | |
N/A | |
Assets | |
20+ | |
Cryptocurrency | |
Trade a handful of the top cryptos at Quotex with up/down binaries. Popular tokens including Bitcoin, Litecoin and Ethereum are available and traders can use the web-friendly platform or mobile app. | Clients can trade a modest handful of cryptos including Bitcoin, Ethereum, and Litecoin. Real-time quotes are available and fees are low. Commissions also drop if you trade digital currencies in high volumes. |
Spread | |
N/A | 0.18% fee per trade |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Quotex offers short-term binary options on a decent range of financial markets with market signals to inform trading decisions. Users can bet on rising and falling prices with up/down binaries that span 5 seconds to 4 hours. | Binary options trading not offered |
Payout | |
98% | |
Expiry Times | |
5 seconds - 4 hours | |
Ladder Options | |
No | No |
Boundary Options | |
No | No |
![]() |
![]() |
More Comparisons | |
Quotex vs |
Zacks Trade vs |