Updated September 29, 2026 · BrokerCue Editorial Team
Bitpanda vs Zacks Trade
What sets them apart
| Compare |  Bitpanda |  Zacks Trade |
|---|---|---|
| Minimum deposit | €1 | $250 |
| Stock trade fee | €1 | $1 |
| Markets | Stocks, ETFs, Crypto, Metals | Stocks, ETFs, Options, Bonds, Funds |
| Regulators | FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA), Federal Financial Supervisory Authority (BaFin), Malta Financial Services Authority (MFSA), AT FMA | FINRA |
| Investor protection | EU ICS up to EUR 20,000 | SIPC up to USD 500,000 |
| Inactivity fee | Not confirmed | $15 |
| Margin rate | Not confirmed | 8.83% |
| Options contract fee | Not confirmed | $1 |
| Deposit and withdrawal fees | Free deposits | Not confirmed |
| Platforms | Not confirmed | Zacks Trade Pro, Client Portal, Zacks Trade app |
| Account types | Not confirmed | IRA |
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Key differences
- Bitpanda scores higher overall: 9.3 vs 8.7.
- Regulators: only Bitpanda offers FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA).
- Regulators: only Zacks Trade offers FINRA.
- Bitpanda is licensed in 2 more countries.
- Markets: only Bitpanda offers Crypto, Metals.
- Markets: only Zacks Trade offers Options, Bonds, Funds.
- Support channels: only Bitpanda offers Help centre.
- Support channels: only Zacks Trade offers Email, Chat, Phone.
- Features: only Bitpanda offers Crypto, Fractional shares, Demo account.
- Features: only Zacks Trade offers Options.
Our verdict on each
Bitpanda
Bitpanda suits retail investors in Europe who want one app for shares, ETFs, crypto and metals, starting from a minimum deposit of €1. Regulated in Austria, Germany and Malta, it charges €1 for a stock trade, a per-trade cost active traders will notice.
Zacks Trade
Zacks Trade is a US broker built for experienced traders and day traders who want options and margin, charging a stock trade fee of $1 and a minimum deposit of $250 on its IRA account. The catch is the $15 inactivity fee for anyone whose account sits idle.
Score breakdown
| Area | Bitpanda | Zacks Trade |
|---|---|---|
| Cost | 8.9HigherA minimum deposit of €1 and stock trade fees of €1, with free deposits, sit well against the site medians. | 8.5Cheap trades at $1 a stock and $1 an option, offset by a $250 minimum deposit and a $15 inactivity fee. |
| Offer | 8.7 | 9.2Higher |
| Trust | 10.0Higher | 8.7 |
Where they rank in our lists
| Ranking | Bitpanda | Zacks Trade |
|---|---|---|
| Stock and ETF brokers | 11 of 471 | 201 of 471 |
Feature by feature
| Markets | Bitpanda | Zacks Trade |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | No | Yes |
| Crypto | Yes | No |
| Bonds | No | Yes |
| Funds | No | Yes |
| Metals | Yes | No |
What we checked
Bitpanda
- bitpanda.com: 8 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
Zacks Trade
- zackstrade.com: 15 facts, checked September 26, 2026
- brokercheck.finra.org: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | Bitpanda | Zacks Trade |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app, Demo account | Mobile app, Options |
| Pricing model | Not confirmed | Low fees |
| Audience | Not confirmed | Experienced, Day traders |
| Legal entity | Bitpanda GmbH | LBMZ Securities Inc. |
| Headquarters | Austria | United States |
| Founded | Not confirmed | 2013 |
| Support channels | Help centre | Email, Chat, Phone |
Where each stands against the rest
| Fact | Bitpanda | Zacks Trade | Median |
|---|---|---|---|
| Inactivity fee | Not confirmed | $15above the median | $0 |
| Margin rate | Not confirmed | 8.83%above the median | 8.75% |
| Options contract fee | Not confirmed | $1highest quarter | $0.625 |
Median across 38 listed brokers.
Pros and cons
Bitpanda
Pros
- The minimum deposit is €1, low against the site median of €4.64
- A stock trade costs €1 and deposits are free
- Regulated by the FMA, BaFin and the MFSA, with investor protection stated as EU ICS up to EUR 20,000
Cons
- Stock trade fees of €1 are higher than a commission-free model, where eToro charges $0
- Support runs on help centre only
- A flat stock trade fee of €1 does not suit frequent small trades
Zacks Trade
Pros
- Simple per-trade pricing: $1 a stock, $1 an options contract, margin at 8.83%.
- FINRA registration under licence 7874, and client holdings sit with SIPC protection.
- Support covers email, chat and phone, so phone and chat are both available.
Cons
- The $15 inactivity fee sits above the €10 upper quartile among the brokers compared.
- A $250 minimum deposit is well above the €4.64 median on the site.
- Account types cover ira only, which rules out a taxable brokerage account for wider investing.
Who each suits
Bitpanda
Who it suits
- Beginners building a first portfolio in euro amounts
- Investors who want shares and crypto in one app
- Retail investors who value a low deposit of €1
Who should look elsewhere
- Active traders, since eToro charges $0 on a stock trade
- Anyone wanting phone or live chat help, as support runs on help centre
- Anyone wanting to start without funding, since CFI asks for a minimum deposit of $0 against €1 here
Zacks Trade
Who it suits
- Experienced traders and day traders who already know the markets they trade.
- US investors who want an IRA and plan to trade options or use margin.
- Investors who will keep trading, since the inactivity fee applies once an account goes quiet.
Who should look elsewhere
- CFI, which takes a minimum deposit of $0 rather than $250.
- eToro, where a stock trade costs $0 against $1 here.
- Vantage, with a minimum deposit of $5, which suits a smaller starting balance.
Country by country
| Country | Bitpanda | Zacks Trade |
|---|---|---|
| United States | No | Yes |
Questions about each
Bitpanda
What is the minimum deposit at Bitpanda?+
The minimum deposit is €1, below the site median of €4.64, and Bitpanda ranks at 75 of 213 brands on that measure. Money can also be added at no charge, since deposits are free.
How much does it cost to trade shares?+
A stock trade costs €1. That sits above a commission-free model, where eToro charges $0, and Bitpanda ranks at 116 of 161 brands on stock trade fees, so the cost per order is the figure to weigh.
Zacks Trade
What does it cost to trade stocks and options?+
Stocks cost $1 per trade and options contracts $1, and the account opens at a minimum deposit of $250. Margin runs at 8.83%. Every figure here applies to the IRA account, which is the account type on offer.
Is my money protected and who regulates the broker?+
Zacks Trade is registered with FINRA under licence 7874, and the legal entity behind the brand is LBMZ Securities Inc. Client holdings sit with SIPC protection, which is the scheme covering money in the account rather than the firm's own balance sheet.
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