Zacks Trade vs AskoBID

Zacks Trade vs AskoBID Comparison Table 2024
Zacks Trade AskoBID
3.9
AskoBID has closed.

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.

AskoBID offers multi-asset trading with a €250 minimum deposit & 1:500 leverage.

Comment by Reviewer
"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
  • 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 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
Stocks, ETFs, Cryptos, Options, Bonds Forex, indices, shares, commodities, cryptocurrencies
Demo Account
Yes No
Minimum Deposit
$2500 €250
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$3 0.01 Lots
Regulator
FINRA
Margin Trading
Yes No
Margin Rate
3.56
STP Account
No No
ECN Account
No No
DMA Account
Yes No
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 No
Auto Trading
Yes (algos)
Copy Trading
No No
Social Trading
No No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • HUF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Invest in the markets with flexible CFDs.
Leverage
1:500
FTSE Spread
Not offered
GBPUSD Spread
From 0.1
Oil Spread
From 0.04
Stocks Spread
$0.01 per share ($1 minimum) From 0.17
Forex Trading
Forex trading not offered Trade two-dozen FX pairs with 1:500 leverage.
GBPUSD Spread
From 0.1
EURUSD Spread
From 0.1
EURGBP Spread
From 0.1
Assets
24
Cryptocurrency
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. Trade cryptos against the USD and EUR.
Spread
0.18% fee per trade Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
AskoBID has closed.
More Comparisons
Zacks Trade
vs
AskoBID
vs