Quotex vs Zacks Trade

Quotex vs Zacks Trade Comparison Table 2023
Quotex Review 2023	Zacks Trade Review 2023
Review 4.4	Review 3.9 Zacks Trade is #34 in our broker rankings.
Traders from US not accepted See available binary options brokers	Traders from US accepted
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
Own brand online platform with easy-to-use interface $10 minimum deposit and no withdrawal fees Global access in different languages Unlimited trading signals 30% deposit bonus Beginner-friendly Crypto payments 98% payouts	Demo account 20+ account denominations Comprehensive research and data Customizable proprietary trading platform and mobile app Regulated by FINRA with access to the Securities Investor Protection Corporation
Cons
No copy trading Leverage not offered Unregulated brokerage Only one account type	No MT4 or MT5 platform integration High minimum requirement of $2,500 No forex, commodities or futures trading Withdrawal fees apply if removing funds more than once per month Shortcomings regarding platform loading times and technical glitches
Instruments
Digital Options, Stocks, Forex, Commodities, Cryptos	Stocks, Options, Crypto, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$10	$2500
Trading Platforms
Own	Own
Payment Methods
ADVcash Bitcoin Payments Credit Card Doku Wallet Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer	ACH Transfer Cheque Wire Transfer
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
USD EUR GBP INR MYR IDR RUB BRL THB VND UAH	USD EUR GBP CAD AUD NZD INR JPY ZAR TRY SEK NOK DKK CHF HKD SGD RUB PLN CZK HUF
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq S&P 500	London Stock Exchange Nasdaq New York Stock Exchange S&P 500
Commodities
Gold Oil Silver
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
BTC LTC ETH XRP
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

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