ZacksTrade vs FP Markets

Zacks Trade vs FP Markets Comparison Table 2023
Zacks Trade FP Markets

Zacks Trade is #31 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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.

FP Markets is a multi-asset broker offering a choice of trading platforms.

Pros
  • Demo account
  • Multiple account currencies
Cons
  • Few payment methods offered
  • No MetaTrader 4 integration
  • High minimum deposit
  • No copy trading
Awards
  • Best Global Forex Value Broker 2019 - Global Forex Awards
  • Best Quality of Trade Execution 2019 - Investment Trends
Instruments
Stocks, Options, Crypto, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$2500 $100
Payment Methods
Minimum Trade
$3 0.01 lots
Regulator
FINRA ASIC, CySEC, ESMA
Margin Trading
Yes No
Margin Rate
3.56
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes (algos) Yes
Copy Trading
No Yes
Copy Trading Platform
FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
Social Trading
No Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15 0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • HUF
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • CHF
  • PLN
  • CZK
  • THB
  • VND
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade thousands of CFDs across a range of markets with high leverage.
Leverage
1:500 (Global), (1:30 UK)
FTSE Spread
1.64
GBPUSD Spread<
1.9 average
Oil Spread
0.04
Stocks Spread
Variable
Forex Trading
Forex trading not offered Trade on dozens of forex pairs with low spreads.
GBPUSD Spread
1.9 average
EURUSD Spread
1.1 average
EURGBP Spread
1.7 average
Assets
60+
Cryptocurrency
Trade popular cryptocurrency coins with low fees. Trade a handful of leading cryptocurrency coins against the US Dollar.
Spread
0.18% fee per trade Floating
Coins
  • ADA
  • BCH
  • BTC
  • DOG
  • DOT
  • EOS
  • ETH
  • LNK
  • LTX
  • XRP
  • SOL
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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