Betterment vs ZacksTrade

Betterment is a great robo-advisor for beginners with low fees, good tools, and tax strategies. How does it compare to ZacksTrade? Read our comparison chart below.

Betterment offers automatic investing starting at $4/month for accounts with less than $20,000. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.

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 Betterment with ZacksTrade, side-by-side.

	Betterment	ZacksTrade
	SPECIAL OFFER Compare Pricing - Learn More Read Betterment Review	Get Up to $150 Transfer Fee Credit - Learn More
	Benefits and Features
Savings
Stock Trading		Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum
Options Trading		$1 for First Contract + $0.75 per additional
Annual Fee	Digital: 0.25% annual fee for accounts with $20,000 or more or with monthly recurring deposits of $250 or more, $4/month for accounts with less than $20,000 Premium: 0.40% for accounts $100,000 or more
Minimum Deposit	$0	$2,500
Checking	No-Fee Checking
Mutual Fund Trading		$27.50 (Greater than $1 per share)
Phone Support	Yes
Live Chat Support	No
Email Support	Yes
Human Advisors	Yes ($100k minimum)
Robo Advisor
Assets Under Management	$40+ Billion
Penny Stocks		Less than $1 per share: 1% of the principle, $1 minimum.
Tax Loss Harvesting	Yes
Goal Tracker	Yes
Automatic Deposits	Yes
Broker Assisted Trades		No extra charge
Inactivity Fee		$0
Maintenance Fee		$0
Online Platform	Yes
iPhone App	Yes
Android App	Yes
Banking		No
Mobile App	Yes	Yes, iOS & Android
Desktop App		ZacksTrader & ZacksTradePro
Forex Trading		No
Futures Trading		No
Customer Service		9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free)
Locations		No physical locations
Virtual Trading		Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days.
Single Stock Diversification	No
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	Yes
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	Yes
529 Plans	No
	CreditDonkey® Reviews
Annual Fee
Minimum Deposit
Human Advisors
Customer Service
Pros & Cons	Pros: No minimum investment Customized portfolios Automatically invest extra funds Cons: Limited investment options High fees for large investors
Bottom Line	Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review
	Compare Pricing Betterment Cash Reserve - Earn 4.75% APY** Invest with Automated Portfolios
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Betterment: Pricing information from published website as of 04/04/2018 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 Betterment or Robinhood.

Articles on Betterment

Betterment Review

Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

• Betterment vs Acorns
• Betterment vs Robinhood
• Betterment vs M1 Finance

Betterment Fees

Betterment offers no minimum deposit and good returns. But are the fees worth it? Read on to learn about this robo-advisor's costs.

Is Betterment Safe

Betterment offers low fees, no minimum balance and good returns. But is it a good idea? Find out if it's safe to invest your money with this robo-advisor.

Is Betterment Worth The Fee

Betterment will manage your investments, but they charge a fee. Is Betterment worth the fee? Read on to answer all your questions.

Betterment Roth IRA

Is Betterment a good way to invest for retirement? What about the fees and withdrawals? Read on to learn how Betterment's Roth IRA account works.

Betterment vs Wealthfront

Betterment and Wealthfront are two of the oldest and most popular robo-advisors. Is there a difference? Which is better for you? Read on to find out.

Which Do You Think is Best?

Compare ZacksTrade to:

You might also be interested in

Related: Investing

How to Buy Signal Stock

Many think of Signal Messenger as the future of safe and private messaging. But how do you invest in a non-profit? Read on to find out.