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Zacks Trade

United States|5-10 years|
Suspicious Regulatory License|High potential risk|

https://www.zackstrade.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

United States 5.35

Surpassed 73.05% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+1 312.265.9406
support@zackstrade.com
https://www.zackstrade.com/
10 S. Riverside Plaza, Suite 1600 Chicago, IL 60606

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+1 312.265.9406

English

+1 888.979.2257

Broker Information

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Company Name

LBMZ Securities

Company Abbreviation

Zacks Trade

Platform registered country and region

United States

Company website
Twitter
Facebook

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Zacks Trade · Company Summary

General Information

Zacks Trade is a division of LBMZ Securities in Bangladesh, Zacks Trade is an online broker dedicated to traders and investors all over the world whose registered address is at Modhumita Building, 6th Floor, Room No. 705-158-160, Motijheel C/A, Dhaka-1000. It offers an array of instant execution and tailor-made services intending to carry out a decent trading environment, which has been satisfying the need of plenty of clients.

Market Instruments

Zacks Trade provides a complete assortment of classes across the global financial markets including Stocks, Cryptocurrencies, Bonds, Funds, ETFs, and Options.

Accounts

Concerning the accounts, clients are required to provide the information to start the Zacks Trade application process, thus, clients have the right to choose the available accounts. In addition, the minimum required fee is $2,500.

Commissions

Concerning the commissions, the broker has provided detailed information about every investment asset, for instance, for the Stocks, Options, and ETFs, it charges 1% of Trade Value per trade, and for the Options, clients are required to pay $1 for First Contract + $0.75 per additional, for the Options Exercise / Assignment Fee, it is free. Besides, the cryptocurrencies, the Minimum Per Order charges $1.75, but no more than 1% of trade value, moreover, for the Mutual Fund Trades, clients should pay $27.50, in addition, for the bonds, take the corporate bonds, for example, the bonds Up to 10,000 Face Value charges 0.1% * Face Value + $3 per bond, and for the government bonds, the bonds Up to $1 Million Face Value charges 0.025% * Face Value + $3 per bond.

Trading Platform

Zacks Trade is non MT4/MT5 software provider, instead, clients are allowed to apply on a web-based trading platform that supports multiple time frames, charts, and some of the most popular drawing tools and price indicators.

Customer Support

If you have a query about the transaction, please call at +88029575974 or e-mail at info@oshadhisecuritiesltd.com at an appropriate time.

Risk Warning

A high level of risk is involved in investment products. Establishing your Investment targets understanding of risk and trading experience is key to maintaining a good trading experience. Losing more than your initial investment is highly possible, so do not invest money you cannot afford to lose. We do not, and will not, take into account your personal circumstances, nor provide any recommendation for you to make any decisions.

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Alfred
more than one year
The worst broker, guys, trust me. Not long before I opened an account, they closed me account with various reasons. I am still twisting with this hateful broker now…
2023-03-01 10:47
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百丽008号会员
more than one year
I received an advertisement from the account manager of zacks trade and according to his words, this company is quite attractive. however I see on wikifx that it's unregulated.... should I invest here or not?
2023-02-16 09:59
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