Mitrade vs Zacks Trade - BrokerCue
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Broker Comparison

Mitrade vs Zacks Trade

Compare Mitrade and Zacks Trade side by side: fees, regulation, platforms.

Mitrade

Mitrade

Beginner CFD and forex traders

Mitrade is a CFD and forex broker offering 800+ instruments across forex, stocks, indices, commodities, ETFs โ€ฆ

VS
Zacks Trade

Zacks Trade

Active traders seeking research tools

Zacks Trade is a US broker offering stocks, ETFs, options, bonds and mutual funds with per-share commissions,โ€ฆ

Head-to-head comparison

Mitrade vs Zacks Trade
Feature Mitrade Zacks Trade
Minimum deposit - -
Stock trading fee - $0.01 per share, $1 minimum; stocks under $1/share: 1% of trade value
Regulators ASIC, CySEC, CIMA, FSC, FSCA, CMA SEC, FINRA, SIPC
Best for Beginner CFD and forex traders Active traders seeking research tools
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
-
Options
-
Margin
Multi Currency
-
Demo Account
Funds
-
Fractional Shares
-

Pros & cons

Mitrade

Mitrade

Pros

  • Zero commission on all trades
  • Regulated by ASIC and CySEC (Tier-1 regulators) plus CIMA, FSC, FSCA and CMA
  • No deposit or withdrawal fees
  • Proprietary platform available on web, desktop and mobile
  • Free demo account with virtual funds
  • 800+ CFD instruments including forex, stocks, indices, commodities, ETFs and crypto
  • Negative balance protection
  • Low minimum deposit of $50

Cons

  • No MetaTrader 4, MetaTrader 5 or cTrader support
  • All positions are CFDs - no ownership of underlying assets
  • $10 monthly inactivity fee after 6 months (non-EEA accounts)
  • Demo account expires after 90 days
  • No copy trading or social trading features
  • No swap-free Islamic account
  • Single account type with no ECN or raw spread option
  • Account currency cannot be changed after opening
Zacks Trade

Zacks Trade

Pros

  • Regulated by SEC and FINRA; SIPC member
  • Access to 90+ international exchanges across 33 countries
  • Competitive margin rates starting at 8.83%
  • Free broker-assisted trades at standard commission rates
  • Zacks Rank and 20+ free research subscriptions included
  • Paper trading demo account available
  • No account transfer fee (ACAT)

Cons

  • Stock and ETF trades carry per-share commissions; not commission-free
  • $15/month inactivity fee for smaller accounts
  • No forex, crypto, futures, or commodities trading
  • Account opening process can take more than a week
  • No educational resources or retirement planning tools
  • Customer support limited to phone and email, Monday to Friday 9am-6pm ET
  • Mutual fund trades cost $27.50 each
Mitrade

Mitrade

Mitrade is a CFD and forex broker offering 800+ instruments across forex, stocks, indices, commodities, ETFs and crypto through a proprietary platform.

Your capital is at risk. Other fees apply.

Zacks Trade

Zacks Trade

Zacks Trade is a US broker offering stocks, ETFs, options, bonds and mutual funds with per-share commissions, low margin rates and access to 90+ international exchanges.

Your capital is at risk. Other fees apply.

Not the right match?

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