ZacksTrade Promotions
Highlights
Stock Trading
Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum
Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum
Read: Best Way to Invest 1000
Compare: ZacksTrade vs eToro
Options Trading
$1 for First Contract + $0.75 per additional
$1 for First Contract + $0.75 per additional
Read: Iron Condor
Compare: ZacksTrade vs E*TRADE
Minimum Deposit
$2,500
$2,500
Compare: ZacksTrade vs Acorns
Mutual Fund Trading
$27.50 (Greater than $1 per share)
$27.50 (Greater than $1 per share)
Penny Stocks
Less than $1 per share: 1% of the principle, $1 minimum.
Less than $1 per share: 1% of the principle, $1 minimum.
Compare: ZacksTrade vs Ally Invest
Broker Assisted Trades
No extra charge
No extra charge
Customer Service
9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free)
9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free)
Compare: ZacksTrade vs Webull
Inactivity Fee
$0
$0
Maintenance Fee
$0
$0
Banking
No
No
Desktop App
ZacksTrader & ZacksTradePro
ZacksTrader & ZacksTradePro
Mobile App
Yes, iOS & Android
Yes, iOS & Android
Forex Trading
No
No
Futures Trading
No
No
Locations
No physical locations
No physical locations
Virtual Trading
Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days.
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: $0.0005 - $0.0035 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.
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