BrokerRatingSwissquote vs Zacks Trade 2026: which is better?
We compared Swissquote and Zacks Trade on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Swissquote holds 6 licences from strong regulators, against 2 for Zacks Trade.
- Swissquote offers MetaTrader 4, MetaTrader 5, which Zacks Trade does not.
- The minimum deposit at Zacks Trade is $250, against $1,000 at Swissquote.
- Zacks Trade offers Web Trader, which Swissquote does not.
Comparison table
| Comparison table |
Swissquote
Broker
|
Zacks Trade
Broker
|
|---|---|---|
| Licences | FCA, DFSA, SFC, MAS, FINMA, CSSF, CySEC, FSCA, MFSA Best | SEC, FINRA |
| Minimum deposit | $1,000 | $250 Best |
| Maximum leverage | 1:100 | — |
| Trading platforms | MetaTrader 4, MetaTrader 5, CFXD, 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) |
| Demo account | ✓ Yes | — |
| Founded | 1996 | 2013 |
| Headquarters | Gland, Switzerland | 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 Swissquote if you
- want more licences from strong regulators
- use MetaTrader 4, MetaTrader 5
Choose Zacks Trade if you
- want to start with less money
- use Web Trader
Frequently asked questions
Which is better, Swissquote or Zacks Trade?
We compared Swissquote and Zacks Trade on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Swissquote holds 6 licences from strong regulators, against 2 for Zacks Trade. Swissquote offers MetaTrader 4, MetaTrader 5, which Zacks Trade does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Swissquote and Zacks Trade regulated?
Swissquote licences: FCA, CySEC, DFSA, SFC, MAS, FSCA, FINMA, CSSF, MFSA. Zacks Trade licences: SEC, FINRA.
What is the minimum deposit at Swissquote and Zacks Trade?
Swissquote: $1,000. Zacks Trade: $250.
Do Swissquote and Zacks Trade offer an Islamic account?
Swissquote: No. Zacks Trade: No.