Zacks Trade
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| Minimum Initial Investment | $2,500 |
| Online Trade Fee | 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.
What assets can you invest in with Zacks Trade?
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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.
| 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:
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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.
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Message From LBMZ Securities, Inc.
Contact
- Headquarters
-
10 S. Riverside Plaza, Suite 1600
Chicago, IL 60606 - Visit Site
- Email Support
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 |
| Online Trade Fee | Starting at 1 |
| Wire Transfer Fee - Domestic (Outgoing) | $10 |
| Wire Transfer Fee - International (Outgoing) | $10 |
| Bond Trade Fee | Starting at $3 |
| ETF Trades | Starting at $1 |
| Margin Rate | Starting at 3.56% |
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