World Forex vs Zacks Trade
World Forex | Zacks Trade |
---|---|
![]()
4
World Forex is #7 in our binary options broker rankings. |
![]()
3.9
Zacks Trade is #36 in our broker rankings. |
![]() |
![]() |
World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets. |
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 | |
100% Deposit Bonus | |
Promotions | |
Comment by Reviewer | |
"World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders." | "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 | |
Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts | Stocks, Options, Crypto, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1 | $2500 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.01 Lots | $3 |
Regulator | |
SVGFSA | FINRA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
3.56 | |
STP Account | |
Yes | No |
ECN Account | |
Yes | 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 | |
Yes | No |
Mobile Apps | |
iOS, Android + Web Browser | iOS & Android |
Auto Trading | |
Yes | Yes (algos) |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution. | |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | Yes |
Tournaments | |
Yes | No |
Demo Competitions | |
Yes | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$15 | |
Islamic Account | |
Yes | No |
Account Currencies | |
|
|
Stock Exchanges | |
Commodities | |
CFD Trading | |
World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances. | CFD trading not offered |
Leverage | |
1:1000 | |
FTSE Spread | |
NA | |
GBPUSD Spread | |
NA | |
Oil Spread | |
NA | |
Stocks Spread | |
From 0.03 | |
Forex Trading | |
World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types. | Forex trading not offered |
GBPUSD Spread | |
From 0.6 | |
EURUSD Spread | |
From 0.6 | |
EURGBP Spread | |
From 0.6 | |
Assets | |
53 | |
Cryptocurrency | |
Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available. | 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 | |
0 | 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 | |
World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry. | Binary options trading not offered |
Payout | |
100% | |
Expiry Times | |
1 minute - 7 days | |
Ladder Options | |
No | No |
Boundary Options | |
No | No |
![]() |
![]() |
More Comparisons | |
World Forex vs |
Zacks Trade vs |