TD Ameritrade vs ZacksTrade

TD Ameritrade is a good online broker for long-term investors. How does it compare to ZacksTrade? Read our comparison chart below.

TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

While ZacksTrade offers stock trades starting at $3 per trade, and options trading at $3 + $0.75 per contract. This discount broker is known for its robust research tools. There is an account minimum of $2,500, no maintenance fee, and no inactivity fee.

Compare TD Ameritrade with ZacksTrade, side-by-side.

	TD Ameritrade	ZacksTrade
	OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read TD Ameritrade Review	Get Up to $150 Transfer Fee Credit - Learn More
	Benefits and Features
Stock Trading	$0 commission for online stock, ETF, and option trades	Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum
Options Trading	$0.65 per contract	$1 for First Contract + $0.75 per additional
Cryptocurrency Trading	Yes
Minimum Deposit	$0	$2,500
Mutual Fund Trading	Up to $49.95 or $74.95 for buys. $0 for sells	$27.50 (Greater than $1 per share)
Commission Free ETFs	550+ Commission-Free ETFs
Live Chat Support	Yes
Penny Stocks		Less than $1 per share: 1% of the principle, $1 minimum.
Broker Assisted Trades	$25	No extra charge
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0
Online Platform	Yes
Banking	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.	No
Mobile App	Yes	Yes, iOS & Android
Desktop App	Thinkorswim	ZacksTrader & ZacksTradePro
Forex Trading	Yes	No
Futures Trading	$2.25 per contract (plus exchange & regulatory fees)	No
Bond Trading	Yes
CFD Trading	No
Currency Trading	Yes
Customer Service	(800) 669-3900 (Open 24/7)	9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free)
Locations	More than 100 locations in 34 states	No physical locations
Seminars	Online webcast
Trading Platform	thinkorswim
Virtual Trading	Yes	Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days.
	CreditDonkey® Reviews
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons	Pros: Easy to Use Thinkorswim Platform Customer Service Cons: Trade Fees
Bottom Line	Good online broker for long-term investors... Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades Open an IRA in 15 minutes or less
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Ameritrade: Pricing information from published website as of 09/05/2023. ZacksTrade: Pricing information from published website as of 07/10/2020

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing TD Ameritrade or Robinhood.

Articles on TD Ameritrade

Ameritrade Review

TD Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.

TD Ameritrade Customer Service

TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.

Which Do You Think is Best?

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