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Zacks Trade

in Brokerages from LBMZ Securities, Inc.

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Zacks Trade

Unaffiliated

in Brokerages from LBMZ Securities, Inc.

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Highlights
Highlights
Online Trade Starting at $1
Minimum to Open Account $2,500
Margin Rate 4.5% - 5.41%
Broker Assisted Trading Fee Starting at $0

Zacks Trade Review

Where is Zacks Trade based?

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.

What assets can you invest in with Zacks Trade?

Zacks Trade Investment Options
Supported Options Unsupported Options
  • 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 $1
    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 4.5% up to 5.41%.

    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
  • Online Live Chat
  • 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
  • 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 1 of the 15 research tools we track.

    Zacks Trade Research Tools
    Supported Options Unsupported Options
  • ETF Top 10 Holdings
  • Fund Prospectus Access
  • Global Markets Analysis
  • Historical Performance Analysis
  • Insider Transactions
  • Live Seminars
  • Mutual Bonds Analysis
  • Mutual Funds Analysis
  • Past Earnings Reports
  • Portfolio Allocation
  • SEC Filings
  • Social Sentiment Analysis
  • Stock Metric Comparisons
  • Account Transfer Fee Reimbursement
  • Webinars
  • SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Contact

    • Headquarters
    •   10 S. Riverside Plaza, Suite 1600
      Chicago, IL 60606 USA
    •   Visit Site

    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 Starting at $0
    Bond Trade Fee Starting at $1
    ETF Trades Starting at $1
    Online Trade Starting at $1
    Wire Transfer Fee - Domestic (Outgoing) $10
    Wire Transfer Fee - International (Outgoing) $10
    Margin Rate 4.5% - 5.41%
    Minimum Margin Account $2,000
    Minimum to Open Account $2,500
    Automated Trading Strategy  
    Brokerage Features
    • Account Transfer Fee Reimbursement
    • Broker Assisted Trades
    • Email Support
    • Mobile Trading
    • Online Banking
    • Online Live Chat
    • Phone Support
    • Research and Report
    • Trading Platform
    Dividend Reinvestment  
    Investor Type
    • Advanced Traders
    • Frequent Traders
    No-Commission ETFs  
    Research Tools
    • Stocks
    Research and Reports  

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