BrokerRatingPepperstone vs Zacks Trade 2026: which is better?
We compared Pepperstone and Zacks Trade on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Pepperstone holds 4 licences from strong regulators, against 2 for Zacks Trade.
- The minimum deposit at Pepperstone is $0, against $250 at Zacks Trade.
- Pepperstone offers a swap-free Islamic account; Zacks Trade does not.
- Pepperstone offers copy trading; Zacks Trade does not.
- Pepperstone offers MetaTrader 4, MetaTrader 5, which Zacks Trade does not.
Comparison table
| Comparison table |
Pepperstone
Broker
|
Zacks Trade
Broker
|
|---|---|---|
| Licences | FCA, ASIC, DFSA, BaFin, CySEC, CMA, CMA (KE), SCB Best | SEC, FINRA |
| Minimum deposit | $0 Best | $250 |
| Maximum leverage | 1:400 | — |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App | Zacks Trade Pro, Web Trader, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Stocks, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | — |
| Copy trading | ✓ Yes | — |
| Founded | 2010 | 2013 |
| Headquarters | Melbourne, Australia | Chicago, United States |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Pepperstone if you
- want more licences from strong regulators
- want to start with less money
- need a swap-free Islamic account
- want to copy other traders
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Pepperstone or Zacks Trade?
We compared Pepperstone and Zacks Trade on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Pepperstone holds 4 licences from strong regulators, against 2 for Zacks Trade. The minimum deposit at Pepperstone is $0, against $250 at Zacks Trade. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Pepperstone and Zacks Trade regulated?
Pepperstone licences: FCA, CySEC, ASIC, DFSA, SCB, CMA, CMA (KE), BaFin. Zacks Trade licences: SEC, FINRA.
What is the minimum deposit at Pepperstone and Zacks Trade?
Pepperstone: $0. Zacks Trade: $250.
Do Pepperstone and Zacks Trade offer an Islamic account?
Pepperstone: Yes. Zacks Trade: No.