Firstrade vs ZacksTrade

Firstrade or ZacksTrade – which is better for UK traders 2025? Compare Firstrade and ZacksTrade in this detailed breakdown of their platforms, features and fees.

Firstrade vs ZacksTrade Comparison Table 2025

Firstrade	ZacksTrade
4	3.9
Firstrade is ranked #66 among UK brokers.	ZacksTrade is ranked #94 among UK brokers.
Review	Review
Firstrade is a US-headquartered discount broker-dealer with authorization from the SEC. The company is also a member of FINRA/SIPC. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular and top-tier online brokerage. It is also quick and easy to open a new account.	Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.
Pros
Enhanced stock trading environment with overnight trading and fractional shares added One of the first brokers to add AI-powered analysis through FirstradeGPT Excellent broker for budget-conscious traders with low OTC fees Highly trusted US-regulated brokerage and SIPC member	Demo account 20+ account denominations Comprehensive research and data Customizable proprietary trading platform and mobile app Regulated by FINRA with access to the Securities Investor Protection Corporation
Cons
Firstrade focuses on stocks at the expense of forex, limiting diversification opportunities No demo/paper trading account found at over 90% of alternatives evaluated Customer support still needs work following testing with no 24/7 assistance Visa credit/debit card deposits and withdrawals are not accepted	No MT4 or MT5 platform integration High minimum requirement of $2,500 No forex, commodities or futures trading Withdrawal fees apply if removing funds more than once per month Shortcomings regarding platform loading times and technical glitches
Awards
Best for ETF & Active Investor Commission & Fees - 2019
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed	Stocks, ETFs, Cryptos, Options, Bonds
Demo Account
No	Yes
Minimum Deposit
$0	$2500
Payment Methods
ACH Transfer Cheque Wire Transfer	ACH Transfer Cheque Wire Transfer
Minimum Trade
$1	$3
Regulator
SEC, FINRA	FINRA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating
Android App Rating
Margin Trading
Yes	Yes
Margin Rate
4.50%	3.56
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
	Yes (algos)
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$15
Islamic Account
No	No
Account Currencies
USD	USD EUR GBP CAD AUD NZD INR JPY ZAR TRY SEK NOK DKK CHF HKD SGD RUB PLN CZK HUF
Cryptocurrency
Take positions on dozens of leading cryptocurrencies with low fees and 24/7 investing. Traders need just $1 to start speculating on popular tokens like Bitcoin. Clients can also buy cryptos instantly in a few straightforward steps.	Clients can trade a modest handful of cryptos including Bitcoin, Ethereum, and Litecoin. Real-time quotes are available and fees are low. Commissions also drop if you trade digital currencies in high volumes.
Spread
Variable	0.18% fee per trade
Coins
ALGO AVAX BAT BTC BCH ADA LINK ATOM CRO CRV MANA DOGE ETH ETC FTM LTC LRC MATIC REN SHIB SOL XLM SUSHI GRT UNI YFI
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Firstrade	ZacksTrade
Review	Review
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