ZacksTrade vs E*TRADE
ZacksTrade is a good discount broker with low fees and excellent research tools. How does it compare to E*TRADE? Read our comparison chart below.
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.
While E*TRADE offers stock trades at $0 per trade. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.
Compare ZacksTrade with E*TRADE, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
ZacksTrade | E*TRADE | |
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Learn more about E*TRADE - | ||
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 | $0 per trade + $0.65 per contract $0 per trade + $0.50 per contract if you make 30+ trades a quarter |
Minimum Deposit | $500 for brokerage accounts No account minimum for retirement accounts | |
Mutual Fund Trading | $27.50 (Greater than $1 per share) | $0 for no-load, no-transaction-fee funds $19.99 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) | |
Inactivity Fee | ||
Maintenance Fee | ||
Banking | Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. | |
Mobile App | ![]() | |
Desktop App | E*TRADE Pro (requires you execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000) | |
Forex Trading | ||
Futures Trading | $1.50 per contract, per side + fees (excluding bitcoin futures) | |
Locations | ||
Virtual Trading | Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days. | |
CreditDonkey® Reviews | ||
Stock Trading | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Options Trading | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Research | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Trading Platform | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Banking | ![]() ![]() ![]() ![]() ![]() | |
Online Community | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Good discount broker with low fees and excellent research tools... | Online broker with one of the best user interfaces... |
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 E*TRADE: Pricing information from published website as of 12/05//2020. |
Which is Better: ZacksTrade or E*TRADE?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing ZacksTrade or Ally Invest.
In short: ZacksTrade's stock trading, options trading, commissions and fees, and research are impressive. E*TRADE's mobile app, ease of use, and trading platform are outstanding.
Articles on ZacksTrade
ZacksTrade Review
Articles on E*TRADE
ETrade Reviews
Which Do You Think is Best?
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