ZacksTrade Promotions
Highlights
Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum
$1 for First Contract + $0.75 per additional
$2,500
$27.50 (Greater than $1 per share)
Less than $1 per share: 1% of the principle, $1 minimum.
No extra charge
9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free)
$0
$0
No
ZacksTrader & ZacksTradePro
Yes, iOS & Android
No
No
No physical locations
Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days.
Pricing information from published website as of 07/10/2020
ZacksTrade | Interactive Brokers | |
|---|---|---|
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 | Fixed pricing: $0.005 per share (min $0.35 per order, max 1.0% of trade value). Tiered pricing: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value) |
| Options Trading | $1 for First Contract + $0.75 per additional | $.15-$.70 per contract ($1 minimum per order) |
| Minimum Deposit | $10,000 for individual accounts; $5,000 for IRAs; $3,000 for clients 25 and under | |
| Mutual Fund Trading | $27.50 (Greater than $1 per share) | $0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less, for transaction-fee funds |
| Commission Free ETFs | ||
| Penny Stocks | Less than $1 per share: 1% of the principle, $1 minimum. | |
| Broker Assisted Trades | ||
| Customer Service | 9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free) | United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries) |
| Inactivity Fee | $10/month for accounts under $100,000; $20/month for accounts under $2,000; $3/month for clients 25 and younger | |
| Maintenance Fee | Waived if account value is at least $100,000 OR if monthly commission requirements are met. If not met, the activity fee is the difference. For accounts less than $100,000: the commission requirement is $10/month. For accounts less than $2,000: the commission requirement is $20/month. For clients 25 and younger: the commission requirement is $3/month. | |
| Banking | ||
| Mobile App | ||
| Desktop App | ||
| Forex Trading | Available for qualified customers | |
| Futures Trading | ||
| Locations | ||
| Online Community | ||
| Seminars | ||
| Virtual Trading | Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days. | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. ZacksTrade: Pricing information from published website as of 07/10/2020 Interactive Brokers: Pricing information from published websites as of 09/15/2019. | ||
Get Up to $150 Transfer Fee Credit
Move your account to Zacks Trade and get up to $150 to pay transfer fees your previous broker may charge. Client must complete a full account transfer of $5,000 or more to get the transfer credit.
ZacksTrade Alternatives
Get Up to $3,500
The minimum qualifying deposit to receive a cash bonus is $10,000. Accounts will be reviewed 60 days after account opening to determine the total qualifying deposit. Corresponding cash bonus will be credited to the account within 10 business days. Once the bonus is credited to the account, the bonus and qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the bonus may be revoked.
| Deposit or Transfer | Cash Bonus |
|---|---|
| $10,000 - $24,999 | $50 |
| $25,000 - $99,999 | $200 |
| $100,000 - $249,999 | $300 |
| $250,000 - $499,999 | $600 |
| $500,000 - $999,999 | $1,200 |
| $1,000,000 - $1,999,999 | $2,500 |
| $2,000,000+ | $3,500 |
Get 1 Month Managed Free
Deposit $15,000 - $99,999 within 45 days and get 1 month managed free
Transfer Your Account and Earn Up to $2,500
Initiate your transfer of another brokerage account within 60 days of signing up for M1 to receive a bonus.
| Transfer | Bonus |
|---|---|
| $100,000 – $250,000 | $250 |
| $250,001 – $500,000 | $500 |
| $500,001 – $1,000,000 | $1,000 |
| $1,000,001+ | $2,500 |
Payments for eligible transfers will be paid 90 days after the account transfer is received. Offer is valid for direct broker transfers received through the Automated Customer Account Transfer Service (ACATS) only. Offer is not valid with ACH deposits, wire transfers or direct 401k rollovers.
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