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Our top alternative brokers to Zacks Trade
ChoiceTrade
3.9
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TradeStation
4.5
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Our top alternative brokers to Zacks Trade
ChoiceTrade
3.9
Visit broker
TradeStation
4.5
Visit broker
Zacks Trade Alternatives

The best alternatives to Zacks Trade are

  1. ChoiceTrade - US-based stockbroker
  2. TradeStation - US stockbroker
  3. tastyworks - US options and stockbroker
  4. Interactive Brokers - International broker providing all asset classes

Let's see in a bit more detail how the Zacks Trade alternatives compare to Zacks Trade and each other:

Zacks Trade alternatives comparison
Zacks Trade ChoiceTrade TradeStation tastyworks Interactive Brokers
Overall score 4.4 3.9 4.5 4.6 4.9
Fees score 4.2 stars 3.8 stars 4.0 stars 4.3 stars 4.5 stars
Account opening score 2.5 stars 4.2 stars 5.0 stars 5.0 stars 3.2 stars
Deposit and withdrawal score 3.5 stars 0.8 stars 2.3 stars 1.9 stars 3.0 stars
Web platform score 4.0 stars 1.5 stars 4.3 stars 3.4 stars 4.0 stars
Markets and products score 3.5 stars 2.2 stars 2.8 stars 3.1 stars 5.0 stars
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Why are these brokers considered good alternatives to Zacks Trade? There are many areas based on which Zacks Trade can be compared with others. When we say a given online broker is a good alternative to Zacks Trade we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Zacks Trade alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Zacks Trade is recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees
  • ChoiceTrade is recommended for stock and options traders looking for low trading fees and focusing on the us market
  • TradeStation is recommended for traders focusing on us markets and buy-and-hold investing
  • tastyworks is recommended for options and futures traders focusing on us markets
  • Interactive Brokers is recommended for traders looking for broad market access and a professional trading environment

Important factors of finding Zacks Trade alternatives

So far BrokerChooser has reviewed 98 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Zacks Trade or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Zacks Trade is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Zacks Trade alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Zacks Trade, the account opening is slower than average, so if you consider this important some Zacks Trade alternatives can be a good choice.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Zacks Trade, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Zacks Trade alternative is a must.


Now let's dive into the details of how Zacks Trade and its alternatives perform in the most important areas!

Zacks Trade alternatives
ChoiceTrade

ChoiceTrade is a US-based stockbroker founded in 2000. The broker is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) and it is also a member of SIPC. SIPC membership ensures that clients are eligible for the SIPC investor protection scheme, which protects assets up to $500,000 (cash up to $250,000) per account.

ChoiceTrade is considered safe because it has a long track record, it is regulated by top-tier regulators and it discloses its annual financial statements. 

Recommended for stock and options traders looking for low trading fees and focusing on the us market

Pros Cons
Commission-free listed stock and ETF trades High non-trading fees
Fast and easy account opening Not user-friendly withdrawal
User-friendly mobile trading platform Limited product portfolio

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Fees
3.8

ChoiceTrade charges low trading fees and you can trade listed stocks and ETFs with no commission. On the flip side, the non-trading fees are high.
Pros Cons
Low trading fees Withdrawal fee
Commission-free stock trading Inactivity fee
Zacks Trade vs. ChoiceTrade: Trading fees
ChoiceTrade Zacks Trade
Apple benchmark fee $0.3 $2.3
Vodafone benchmark fee - $34.3
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.2

Opening an account at ChoiceTrade is easy, fast and fully digital for both US and international clients.
Pros Cons
Fully digital None
Low minimum deposit
User-friendly
Zacks Trade vs. ChoiceTrade: Minimum deposit, time to open an account
ChoiceTrade Zacks Trade
Minimum deposit $100 $0
Time to open account 1-3 days >3 days

If you are interested more in ChoiceTrade minimum deposit, this overview will help you.

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Deposit and withdrawal
0.8

The deposit process at ChoiceTrade is smooth, but withdrawing funds is cumbersome. Credit/debit cards are not accepted, there is a high withdrawal fee and the process is not user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
High withdrawal fee
Withdrawal is excessively complicated
Zacks Trade vs. ChoiceTrade: Withdrawal options
ChoiceTrade Zacks Trade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $5 $0

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Web trading platform
1.5

ChoiceTrade's web trading platform offers a clear fee report and a great variety of order types. On the other hand, the design is outdated, there is no two-step login, and the search functions are poor.
Pros Cons
Clear fee report No two-step (safer) login
Good variety of order types Poor search function
Order confirmation Design is very outdated
Web trading platform of ChoiceTrade, a Zacks Trade alternative
Zacks Trade vs. ChoiceTrade: Trading platform scores
ChoiceTrade Zacks Trade
Web platform score 1.5 stars 4.0 stars
Mobile platform score 3.5 stars 3.5 stars
Desktop platform score 2.8 stars 3.8 stars

Learn more about ChoiceTrade's web trading platform in the detailed ChoiceTrade review.

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Markets and products
2.2

ChoiceTrade only offers stocks, ETFs and options traded on US and Canadian exchanges.
Zacks Trade vs. ChoiceTrade: Markets and products
ChoiceTrade Zacks Trade
Stocks Yes Yes
ETFs Yes Yes
Forex No No
Funds No Yes
Bonds No Yes
Options Yes Yes
Futures No No
CFDs No No
Crypto No No

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Verdict

US and international clients can trade listed stocks and ETFs with no commission at ChoiceTrade. The account opening is easy, fully digital and takes 1-2 days. The broker also offers a great and user-friendly mobile trading platform.

On the negative side, the inactivity fee and withdrawal fees for bank transfers are high. The withdrawal process is not user-friendly and only bank transfer is available. The product portfolio is limited, you can only trade stocks, ETFs, and options.

Given that the account opening is seamless and you can trade stocks and ETFs with zero commission, feel free to try it.

ChoiceTrade
Summary ChoiceTrade is a US stockbroker, regulated by top-tier US authorities the SEC and FINRA. It is not listed on a stock exchange and does not have a banking backgorund.
Fees score 3.8 stars
Recommended for Stock and options traders looking for low trading fees and focusing on the US market

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Zacks Trade alternatives
TradeStation

TradeStation is a US stockbroker founded in 1982. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Clients are eligible for up to $500,000 investor protection per account (including cash up to $250,000).

TradeStation is considered safe because it has a long track record; discloses its financials; and its parent company, the Monex Group, is listed on the Tokyo Stock Exchange.

Recommended for traders focusing on us markets and buy-and-hold investing

Pros Cons
Great web and mobile trading platform Not user-friendly deposit and withdrawal
Low trading fees No forex trading
High-quality research and education tools Mediocre customer service

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Fees
4.0

TradeStation has low trading fees, and you can choose from multiple fee structures. On the negative side, withdrawals can be costly.
Pros Cons
Low trading fees Withdrawal fee
Low stock and ETF fees / Free stock trading
Multiple fee structures to choose from
Zacks Trade vs. TradeStation: Trading fees
TradeStation Zacks Trade
Apple benchmark fee $2.3 $2.3
Vodafone benchmark fee - $34.3
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
5.0

TradeStation account opening is fully digital, user-friendly and fast. USD is the only available base currency (except for futures accounts).
Pros Cons
Fast None
Fully digital
User-friendly
Zacks Trade vs. TradeStation: Minimum deposit, time to open an account
TradeStation Zacks Trade
Minimum deposit $0 $0
Time to open account 1 day >3 days

If you are interested more in TradeStation minimum deposit, this overview will help you.

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Deposit and withdrawal
2.3

TradeStation's deposit and withdrawal functions are somewhat limited, as you can use only bank transfer; and the fee for wire transfer withdrawals is high.
Pros Cons
No deposit fee Credit/Debit card not available
Deposit and withdrawal in cryptocurrencies High fee for wire withdrawal
ACH withdrawal is free
Zacks Trade vs. TradeStation: Withdrawal options
TradeStation Zacks Trade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

TradeStation has a nice-looking, user-friendly web trading platform with a safe login process
Pros Cons
Clear fee report None
Two-step (safer) login
Good search function
Web trading platform of TradeStation, a Zacks Trade alternative
Zacks Trade vs. TradeStation: Trading platform scores
TradeStation Zacks Trade
Web platform score 4.3 stars 4.0 stars
Mobile platform score 4.8 stars 3.5 stars
Desktop platform score 2.8 stars 3.8 stars

Learn more about TradeStation's web trading platform in the detailed TradeStation review.

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Markets and products
2.8

TradeStation grants access to a wide variety of US products, but its non-US market coverage is poor. Also, forex and CFDs are not available.
Zacks Trade vs. TradeStation: Markets and products
TradeStation Zacks Trade
Stocks Yes Yes
ETFs Yes Yes
Forex No No
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes No
CFDs No No
Crypto Yes No

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Verdict

TradeStation is a great US broker.

The web and mobile platforms are very user-friendly with many functions. It also offers low stock and ETF trading fees. On top of that, TradeStation's education materials are well-structured and of high quality.

On the other hand, the deposit and withdrawal functions are not user-friendly as you can only use bank transfers. There is no forex trading, and customer service has room for improvement.

Feel free to try TradeStation if you prefer trading on the US markets.

TradeStation
Summary TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body.
Fees score 4.0 stars
Recommended for Traders focusing on US markets and buy-and-hold investing

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Zacks Trade alternatives
tastyworks

tastyworks is a young, up-and-coming US broker focusing on options trading. It is regulated by the top-tier Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Australian Securities and Investments Commission (ASIC) for Australian clients.

The people behind tastyworks are the same experts who built the thinkorswim trading platform, now operated by TD Ameritrade. tastyworks is privately owned; it was established in 2017 and is headquartered in Chicago.

Recommended for options and futures traders focusing on us markets

Pros Cons
Low trading fees Limited product selection
Great educational materials Few deposit and withdrawal options
Good research tools No demo account

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Fees
4.3

tastyworks has low trading fees and there is no inactivity fee. On the other hand, you have to pay a high withdrawal fee for wire transfers and margin rates are quite high.
Pros Cons
No inactivity fee High margin rates for stock trading
Free stock trading Withdrawal fee for bank (wire) transfers
Low options fees
Zacks Trade vs. tastyworks: Trading fees
tastyworks Zacks Trade
Apple benchmark fee $0.3 $2.3
Vodafone benchmark fee - $34.3
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
5.0

tastyworks account opening is user-friendly, fast, fully digital, and involves no minimum deposit.
Pros Cons
Fast None
Fully digital
No minimum deposit
Zacks Trade vs. tastyworks: Minimum deposit, time to open an account
tastyworks Zacks Trade
Minimum deposit $0 $0
Time to open account 1 day >3 days

If you are interested more in tastyworks minimum deposit, this overview will help you.

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Deposit and withdrawal
1.9

tastyworks's deposit and withdrawal functions are easy to use and there's no deposit fee, but you can use only bank transfer, and withdrawals can be expensive especially for non-US clients.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High fee for wire withdrawals
Free ACH withdrawals in the US
Zacks Trade vs. tastyworks: Withdrawal options
tastyworks Zacks Trade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
3.4

The tastyworks web platform is great for experienced traders, especially for options trading. However, it takes time to figure out how its functions work, and its customizability is limited.
Pros Cons
Clear fee report Limited customizability (for charts, workspace)
Price alerts Not suited for beginners
Two-step (safer) authentication for certain functions
Web trading platform of tastyworks, a Zacks Trade alternative
Zacks Trade vs. tastyworks: Trading platform scores
tastyworks Zacks Trade
Web platform score 3.4 stars 4.0 stars
Mobile platform score 4.2 stars 3.5 stars
Desktop platform score 3.9 stars 3.8 stars

Learn more about tastyworks's web trading platform in the detailed tastyworks review.

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Markets and products
3.1

At tastyworks, you can trade US stocks, ETFs, options and some futures. Other popular asset classes like mutual funds or bonds are missing, as are international assets.
Zacks Trade vs. tastyworks: Markets and products
tastyworks Zacks Trade
Stocks Yes Yes
ETFs Yes Yes
Forex No No
Funds No Yes
Bonds No Yes
Options Yes Yes
Futures Yes No
CFDs No No
Crypto Yes No

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Verdict

tastyworks is an excellent broker for options trading, but it is a bit complicated if you want to trade stocks only.  

tastyworks's trading fees are low, with free stock and ETF trading fees. Its trading platform is aimed at experienced options traders and can be intimidating for beginners. However, its educational and research tools are great for learning. Deposit and withdrawal processes could be better, and a demo account would also be great for practice purposes.

As there is no minimum deposit, no inactivity fee, or monthly fee, and the account opening process is seamless, you should feel free to try it.

tastyworks
Summary tastyworks is a US options and stockbroker. It is overseen by FINRA, a top-tier regulatory body.
Fees score 4.3 stars
Recommended for Options and futures traders focusing on US markets

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Zacks Trade alternatives
Interactive Brokers

Interactive Brokers review summary

 

Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1978. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

Given that the broker has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. The fact that it has a long track record and publicly disclosed financials while being listed on a stock exchange all point to IB being a safe service provider.

Our overall Interactive Brokers rating

Compare this broker to the best Interactive Brokers alternative here.

Recommended for traders looking for broad market access and a professional trading environment

Pros Cons
Low trading fees Complicated account opening process
Wide range of products Complex desktop trading platform
Many great research tools Understaffed customer service

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Fees
4.5

Interactive Brokers has low trading fees and the best margin rates in the industry. For US clients, stock and ETF trading is free if they choose the Lite plan.
Pros Cons
Low trading fees None
Free stock and ETF trading for US clients
Low margin rates
Zacks Trade vs. Interactive Brokers: Trading fees
Interactive Brokers Zacks Trade
Apple benchmark fee $2.3 $2.3
Vodafone benchmark fee $9.1 $34.3
EURUSD benchmark fee $10.5 -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
3.2

IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated and account verification takes relatively long.
Pros Cons
Fully digital Not user-friendly
No minimum deposit for most account types
Zacks Trade vs. Interactive Brokers: Minimum deposit, time to open an account
Interactive Brokers Zacks Trade
Minimum deposit $0 $0
Time to open account 1-3 days >3 days

If you are interested more in Interactive Brokers minimum deposit, this overview will help you.

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Deposit and withdrawal
3.0

Interactive Brokers offers several account base currencies and one free withdrawal per month. The main drawback is that you can only use bank transfer.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies
First withdrawal free each month
Zacks Trade vs. Interactive Brokers: Withdrawal options
Interactive Brokers Zacks Trade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.0

Interactive Brokers' web platform is simple and easy to use, even for beginners, however there are some minor but annoying glitches.
Pros Cons
User-friendly User experience could be better
Clear fee report
Two-step (safer) login
Web trading platform of Interactive Brokers, a Zacks Trade alternative
Zacks Trade vs. Interactive Brokers: Trading platform scores
Interactive Brokers Zacks Trade
Web platform score 4.0 stars 4.0 stars
Mobile platform score 3.5 stars 3.5 stars
Desktop platform score 3.8 stars 3.8 stars

Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.

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Markets and products
5.0

At Interactive Brokers, you have access to an extremely wide range of markets and all product types are available.
Zacks Trade vs. Interactive Brokers: Markets and products
Interactive Brokers Zacks Trade
Stocks Yes Yes
ETFs Yes Yes
Forex Yes No
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes No
CFDs Yes No
Crypto Yes No

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Verdict

Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets.

On the plus side, IB offers very low fees, a vast range of markets and products, and diverse research tools

There are some drawbacks, though. We weren't satisfied with the quaity of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners.

If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.5 stars
Recommended for Traders looking for broad market access and a professional trading environment

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Zacks Trade alternatives
Zacks Trade

Zacks Trade is a US-based discount broker and a division of LBMZ Securities. LBMZ Securities was founded in 1978 and is regulated by the top-tier US financial authorities SEC and FINRA.

LBMZ Securities's clearing and execution services are provided through Interactive Brokers, a global stockbroker regulated by many top-tier financial authorities globally.

If you're familiar with the services of Interactive Brokers, you might notice that many of Zacks Trade's services are the same. To sum up:

  • Zacks Trade has its own, different fee structure, product selection, educational tools and customer support. Unlike at Interactive Brokers, trading forex, CFDs and futures is not supported.
  • The account opening and deposit/withdrawal processes, trading platforms and research tools are the same as at Interactive Brokers.

Zacks Trade is considered safe because it has a long track record and is overseen by top-tier regulators.

Since Zacks is more expensive than IB, why would anyone favor Zacks over Interactive Brokers? We found two possible reasons:

  • Zacks falls under SEC regulation and users have SIPC protection, no matter where they live
  • Zacks provides free broker-assisted trading

Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees

Pros Cons
Low fees Complex desktop platform and research tools
Extensive stock and ETF selection Slow and complicated account opening
Great customer service No futures and forex

Fees
4.2

Zacks Trade has low trading and non-trading fees. Its stock, ETF and bond trading fees are especially low, while mutual fund fees are quite high.
Pros Cons
Low stock and ETF fees / Free stock trading High fund fees
No withdrawal fee
No inactivity fee
Zacks Trade alternatives trading fees
Zacks Trade ChoiceTrade TradeStation tastyworks Interactive Brokers
US stock $1.0 $0.0 $1.0 $0.0 $1.0
UK stock $16.8 - - - $4.2

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

Account opening
2.5

Zacks Trade has a fully digital account opening for clients all over the world, and there is no minimum deposit. On the negative side, we found the process slow and hard to navigate.
Pros Cons
Fully digital Slow
No minimum deposit Not user-friendly
Zacks Trade alternatives minimum deposit and account open times
Zacks Trade ChoiceTrade TradeStation tastyworks Interactive Brokers
Minimum deposit $0 $100 $0 $0 $0
Time to open account >3 days 1-3 days 1 day 1 day 1-3 days

Learn more about Zacks Trade minimum deposit here.

Deposit and withdrawal
3.5

Zacks Trade offers one free withdrawal per month for nearly all base currencies. However, you cannot use credit/debit cards or electronic wallets to deposit or withdraw funds.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee
Several account base currencies
Zacks Trade and alternatives withdrawal options and fees
Zacks Trade ChoiceTrade TradeStation tastyworks Interactive Brokers
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $5 $0 $0 $0

Web trading platform
4.0

The Zacks Trade web platform is simple and easy to use even for beginners.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Zacks Trade - Web trading platform
Zacks Trade and alternatives trading platform scores
Zacks Trade ChoiceTrade TradeStation tastyworks Interactive Brokers
Web platform score 4.0 stars 1.5 stars 4.3 stars 3.4 stars 4.0 stars
Mobile platform score 3.5 stars 3.5 stars 4.8 stars 4.2 stars 3.5 stars
Desktop platform score 3.8 stars 2.8 stars 2.8 stars 3.9 stars 3.8 stars

Learn more about Zacks Trade's web trading platform in the detailed Zacks Trade review.

Markets and products
3.5

Zacks Trade offers international stocks, ETFs and bonds, which is fairly unique for a US broker, as well as US funds and options. However, you cannot trade futures or forex.
Zacks Trade and alternatives markets and products
Zacks Trade ChoiceTrade TradeStation tastyworks Interactive Brokers
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex No No No No Yes
Funds Yes No Yes No Yes
Bonds Yes No Yes No Yes
Options Yes Yes Yes Yes Yes
Futures No No Yes Yes Yes
CFDs No No No No Yes
Crypto No No Yes Yes Yes

Verdict

Zacks Trade is a great US discount broker. It is a division of LBMZ Securities, which is regulated by the SEC and FINRA.

On the plus side, Zacks Trade has low fees, outstanding stock and ETF selections and great customer service.

There are some drawbacks though, as its desktop trading platform and research tools are quite complex. The account opening is complicated and slow. Unlike Interactive Brokers, Zacks doesn't support trading CFDs, futures and cryptos.

As Zacks Trade provides a demo account and doesn't require any minimum deposit, feel free to try it.

Zacks Trade
Summary Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash).
Fees score 4.2 stars
Recommended for Traders and investors looking for comprehensive research tools, a wide product selection and low fees

Zacks Trade alternatives
Bottom line

Based on our analysis, there are several good alternatives to Zacks Trade. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Zacks Trade alternatives
Broker Info Recommended for
Zacks Trade US discount broker Traders and investors looking for comprehensive research tools, a wide product selection and low fees
ChoiceTrade US-based stockbroker Stock and options traders looking for low trading fees and focusing on the US market
TradeStation US stockbroker Traders focusing on US markets and buy-and-hold investing
tastyworks US options and stockbroker Options and futures traders focusing on US markets
Interactive Brokers International broker providing all asset classes Traders looking for broad market access and a professional trading environment

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Nicole Conrad

Author of this article

Nicole is an intern content contributor for Brokerchooser. She comes to Brokerchooser with experience and certification in Accounting, and she currently is pursuing graduate studies in Economic Policy. Nicole writes broker reviews to provide transparency for customers: highlighting brokers’ exceptional services and holding them accountable for questionable practices.

Nicole Conrad

Broker Analyst

Nicole is an intern content contributor for Brokerchooser. She comes to Brokerchooser with experience and certification in Accounting, and she currently is pursuing graduate studies in Economic Policy. Nicole writes broker reviews to provide transparency for customers: highlighting brokers’ exceptional services and holding them accountable for questionable practices.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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