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ZacksTrade Promotions

Pricing information from published website as of 07/10/2020

 

ZacksTrade

Interactive Brokers

 

Benefits and Features

Stock TradingGreater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimumFixed 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
$2,500
$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 
48
Penny StocksLess than $1 per share: 1% of the principle, $1 minimum. 
Broker Assisted Trades
No extra charge
$30
Customer Service9am - 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
$0
$10/month for accounts under $100,000; $20/month for accounts under $2,000; $3/month for clients 25 and younger
Maintenance Fee
$0
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
No
No
Mobile App
Yes, iOS & Android
Yes
Desktop App
ZacksTrader & ZacksTradePro
Yes
Forex Trading
No
Available for qualified customers
Futures Trading
No
Yes
Locations
No physical locations
No
Online Community 
Yes
Seminars 
Yes
Virtual TradingCan request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days.
Yes

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

Ally Invest

Get Up to $3,500

Expires 3/31/2021

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 TransferCash 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

Betterment

Get 1 Month Managed Free

Deposit $15,000 - $99,999 within 45 days and get 1 month managed free

M1 Finance

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.

TransferBonus
$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.


Recent Mentions

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Ally Invest Review: Pros and Cons

Ally Invest offers free trades for stocks and ETFs. But is it good? Find out how it compares to other online brokers.
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