Wahed Invest vs ZacksTrade

Wahed Invest vs Zacks Trade Comparison Table 2023
Wahed Invest Zacks Trade
Not Yet Rated

Wahed Invest is #38 in our broker rankings.

3.9

Zacks Trade is #34 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Wahed Invest is a Shariah-compliant trading platform aimed at Muslim investors. The trading app has 200,000+ clients, offers portfolio rebalancing and is particularly popular with beginners.

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
Stocks, Sukuk, Gold Stocks, Options, Crypto, ETFs
Demo Account
No Yes
Minimum Deposit
$100 $2500
Payment Methods
Minimum Trade
Variable $3
Regulator
SEC, SRB FINRA
Margin Trading
No Yes
Margin Rate
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
Yes 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
Robo-advisor Yes (algos)
Copy Trading
No No
Social Trading
No No
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes Yes
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$15
Islamic Account
Yes No
Account Currencies
  • USD
  • GBP
  • MYR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • HUF
Stock Exchanges
Commodities
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 No
Auto Market Maker
No No
More Comparisons
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