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Ellevest vs ZacksTrade

Ellevest is a women-focused robo-advisor tailored to women's life cycles and goals. How does it compare to ZacksTrade? Read our comparison chart below.

Ellevest is a robo-advisor aimed to serve women's needs. It specially tailors portfolios for women's financial goals and life cycles. Fees are low starting at $1/mo and there is no minimum balance for the basic account.

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 Ellevest with ZacksTrade, side-by-side.

 Ellevest
 Learn MoreLearn More
 

Ellevest

ZacksTrade

SPECIAL OFFER
Ellevest Executive with 50% Off Coaching - Learn More

Read Ellevest Review

Get Up to $150 Transfer Fee Credit - Learn More

 

Benefits and Features

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
  • $1/mo for Essential Plan
  • $5/mo for Plus Plan
  • $9/mo for Executive Plan
 
Minimum Deposit
$0 for all membership tiers
$2,500
Mutual Fund Trading $27.50 (Greater than $1 per share)
Phone Support
Yes - normal business hours
 
Live Chat Support
No
 
Email Support
Yes
 
Human AdvisorsDiscounts for members for coaching sessions 
Robo Advisor
Check
 
Assets Under Management
$280 Million
 
Penny Stocks Less than $1 per share: 1% of the principle, $1 minimum.
Tax Loss Harvesting
No
 
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
 
BankingSpend and Save accounts*; No minimum balance and no monthly service fees
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.
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
Yes
 
Trust Accounts
No
 
529 Plans
No
 
 

CreditDonkey® Reviews

 Ellevest
Annual FeeStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Human AdvisorsStarStarStarStarEmpty Star
Customer ServiceStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • Focused on women's needs
  • $0 minimum
  • Starts at $1/mo
Cons:
  • Limited account options
  • No tax loss harvesting
  • Uncertain future
Bottom LineWomen-focused robo-advisor tailored to women's life cycles and goals... Read full review

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Ellevest: Pricing information from published website as of 08/10/2020

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 Ellevest or Robinhood.


Articles on Ellevest

Ellevest Review

Ellevest tailors investment strategies specifically for women's needs. Find out how this robo-advisor make a difference.

Which Do You Think is Best?





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