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  Zacks Trade

Zacks Trade

in Brokerages from LBMZ Securities, Inc.

Unaffiliated

Zacks Trade

Unaffiliated

in Brokerages from LBMZ Securities, Inc.

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Highlights
Minimum Initial Investment $2,500
Online Trade Starting at $1
Broker Assisted Trading Fee $0
Margin Rate Starting at 3.56%

Zacks Trade Review

Zacks Trade is a brokerage based in Chicago, IL. Founded in 1978, Zacks Trade is a good option for experienced traders who require additional research tools and more advanced reports.

This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.

Zacks Trade FAQ

What assets can you invest in with Zacks Trade?

The Good The Bad
  • Stocks
  • Options
  • Bonds
  • Mutual Funds
  • Cryptocurrencies
  • FOREX
  • Futures
  • International Stocks
  • Pink Sheets / OTCBB
  • Real Estate
  • Marketplace Loans
  • Startups

What trading fees does Zacks Trade charge?

The online trading fees of Zacks Trade are below the average ($8.90) for online brokerages. However, there are other fees to consider.

Zacks Trade Fees
Trading Fees Amount
Online Trade Fee $1
Bond Trade Fee $3
ETF Trade $1
Outgoing International Bank Transfer Fee $10

How much do you have to invest to open an account?

The minimum investment to open an account with Zacks Trade is $2,500.

What is the minimum amount to open a margin account?

A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. Zacks Trade offers investors this service but the minimum amount is $2,000.

What margin rates does Zacks Trade offer?

Zacks Trade offers a margin rate that ranges from 3.56%.

What brokerage features does Zacks Trade offer?

Zacks Trade provides users with a variety of tools. These include:

Zacks Trade Brokerage Features
Supported Options Unsupported Options
  • Broker Assisted Trades
  • Trading Platform
  • Account Transfer Fee Reimbursement
  • No Fee IRAs
  • No-Commission ETFs
  • Retail Locations
  • Advisor Services
  • Declines Payment for Order Flow (Equities)
  • Declines Payment for Order Flow (Options)
  • Dividend Reinvestment
  • Automated Trading Strategy
  • Online Live Chat
  • Real Time Quotes
  • Automated Trading Strategy
  • 24/7 Support

What research tools does Zacks Trade offer investors?

Zacks Trade does not provide its users with a wide selection of research tools. It only includes 2 of the 15 research tools we track.

Zacks Trade Research Tools
Supported Options Unsupported Options
  • Mutual Funds Analysis
  • ETF Top 10 Holdings
  • Fund Prospectus Access
  • Global Markets Analysis
  • Historical Performance Analysis
  • Insider Transactions
  • Live Seminars
  • Mutual Bonds Analysis
  • Past Earnings Reports
  • Portfolio Allocation
  • SEC Filings
  • Social Sentiment Analysis
  • Stock Metric Comparisons
  • Account Transfer Fee Reimbursement
  • Webinars
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Message From Zacks Trade

Trade on a platform that suits your style. Whether your prefer robust tools and charting capabilities or are looking for something simple to place trades and manage your account, we have you covered. Plus, access to award-winning mobile/tablet applications. It’s a global economy, and Zacks Trade helps you make the most of it. Clients in more than 200 countries can trade on 91+ international exchanges, all at competitive commissions. Stay connected with access to global market data 24 hours a day. Even the most advanced traders have questions occasionally. Talk to a live, knowledgeable rep or utilize our FAQ and How-to sections to make the most of your Zacks Trade account. Plus, receive complimentary broker-assisted trades.

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About Zacks Trade

Feature Breakdown

IRA Annual Fee Starting at $0
Paper Statement Fee $0
Returned Deposit Fee (Domestic) $0
Returned Deposit Fee (International) $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Broker Assisted Trading Fee $0
Bond Trade Fee Starting at $3
ETF Trades Starting at $1
Online Trade Starting at $1
Wire Transfer Fee - Domestic (Outgoing) $10
Wire Transfer Fee - International (Outgoing) $10
Margin Rate Starting at 3.56%
Minimum Initial Investment $2,500
Minimum Margin Account $2,000
Automated Trading Strategy
Brokerage Features
  • Account Transfer Fee Reimbursement
  • Broker Assisted Trades
  • Mobile Trading
  • Online Banking
  • Research and Report
  • Trading Platform
Dividend Reinvestment
Investment Choices
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • ETFs
No-Commission ETFs
Research Tools
  • Stocks
  • Mutual Funds
Research and Reports
Investor Type
  • Advanced Traders
  • Frequent Traders

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