Zacks Trade Alternatives in 2024

Written by
Adam N.
Fact checked by
Updated
2d ago

Are you not fully satisfied with the services of Zacks Trade and looking for some similar, but better options? Or maybe it's not available in your country, and you're interested in another broker like it?

We dug through our database to find other trusted providers that may better fit your needs. In our expert view, the best alternatives to Zacks Trade are:

  1. Interactive Brokers - International broker providing all asset classes
  2. eToro - Global social trading broker
  3. Fidelity - US stockbroker
  4. Charles Schwab - US discount broker
  5. Webull - US discount broker
  6. SoFi Invest - US discount broker
  7. Alpaca Trading - US API broker
  8. Robinhood - US zero-fee discount broker
  9. Vanguard - US stockbroker
  10. Merrill Edge - US discount broker
There are multiple excellent alternatives to Zacks Trade
Adam
Adam Nasli
Regulation • Fighting Scams • Market Analysis

Together with my brokerage analyst colleagues, I have thoroughly tested the services of over 100 trusted brokers around the world by opening a real-money account. Here's what you need to know about finding alternatives to Zacks Trade:

  • You have several great options when looking for an alternative to Zacks Trade.

  • These alternatives offer similar products and target similar clients as Zacks Trade.

  • Compare some key factors (like fees) to find the broker that best suits your needs.

  • Use our Compare Brokers tool to dig deeper into the differences between brokers.

In the table below we collected all the most important details so you can check how the Zacks Trade and its alternatives compare to each other. Just use the drop-down menus to select the features you want to compare.

Broker
Broker intro
Zacks Trade
US discount broker
Interactive Brokers
International broker providing all asset classes
eToro
Global social trading broker
Fidelity
US stockbroker
Charles Schwab
US discount broker
Webull
US discount broker
SoFi Invest
US discount broker
Alpaca Trading
US API broker
Robinhood
US zero-fee discount broker
Vanguard
US stockbroker
Merrill Edge
US discount broker
Comparison of Zacks Trade and its alternatives

Popularity of the best alternative brokers to Zacks Trade

Interested in what others think? Here's how many people chose these brokers, which are the best alternatives to Zacks Trade, at BrokerChooser in the last 6 months.

Why are these brokers considered good alternatives to Zacks Trade?

When we say a given online broker is a good alternative to Zacks Trade we mean that these brokers are similar to Zacks Trade in:

  • 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.

Look into these areas when comparing Zacks Trade alternatives

When trying to find the the best alternative choice to Zacks Trade, you should check and compare their characteristics along these five main categories that best bring out the differences between brokers:

Fees: Your online brokerage may charge different types of fees, and both the number and the size of these fees may vary significantly from broker to broker. This can greatly impact your returns and 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 don't ask for a minimum deposit at all, while others may require up to €50,000 to be invested. 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 could 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 and 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.

So far BrokerChooser has reviewed 103 online brokers in detail, which gives this comparison a solid foundation. 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 importance based on the preferences of real traders
  • refresh data regularly


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

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Zacks Trade and its alternatives compared

Broker
US stock
UK stock fee
Zacks Trade
$1.0
$15.0
Interactive Brokers
$1.0
$3.8
eToro
$0.0
$0.0
Fidelity
$0.0
$11.3
Charles Schwab
$0.0
-
Webull
$0.0
-
SoFi Invest
$0.0
-
Alpaca Trading
$0.0
-
Robinhood
$0.0
-
Vanguard
$0.0
-
Merrill Edge
$0.0
-
Zacks Trade and alternatives trading fees
Broker
Minimum deposit
Zacks Trade
$250
Interactive Brokers
$0
eToro
$10
Fidelity
$0
Charles Schwab
$0
Webull
$0
SoFi Invest
$0
Alpaca Trading
$0
Robinhood
$0
Vanguard
$0
Merrill Edge
$0
Zacks Trade and alternatives minimum deposit and account open times

Learn more about Zacks Trade minimum deposit details.

Broker
Bank transfer
Credit/debit card
Zacks Trade
Interactive Brokers
eToro
Fidelity
Charles Schwab
Webull
SoFi Invest
Alpaca Trading
Robinhood
Vanguard
Merrill Edge
Zacks Trade and alternatives withdrawal options and fees
Zacks Trade - Web trading platform
Broker
Web platform score
Mobile platform score
Zacks Trade
4.3
/5
3.5
/5
Interactive Brokers
4.3
/5
4.3
/5
eToro
4.4
/5
4.9
/5
Fidelity
4.5
/5
5.0
/5
Charles Schwab
4.3
/5
4.7
/5
Webull
5.0
/5
5.0
/5
SoFi Invest
3.5
/5
4.7
/5
Alpaca Trading
4.0
/5
4.3
/5
Robinhood
3.5
/5
5.0
/5
Vanguard
2.7
/5
4.4
/5
Merrill Edge
4.3
/5
4.8
/5
Zacks Trade and alternatives trading platform scores

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

Broker
Stocks
ETFs
Zacks Trade
Interactive Brokers
eToro
Fidelity
Charles Schwab
Webull
SoFi Invest
Alpaca Trading
Robinhood
Vanguard
Merrill Edge
Zacks Trade and alternatives markets and products

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

Visit broker

Interactive Brokers snapshot
Broker intro International broker providing all asset classes
Overall score 4.9 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1-3 days
Read review For a detailed analysis of Interactive Brokers, check out our review for 2024.

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading

Visit broker
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

eToro snapshot
Broker intro Global social trading broker
Overall score 4.8 stars
Minimum deposit $10
Inactivity fee Yes
Time to open account 1 day
Read review For a detailed analysis of eToro, check out our review for 2024.

Recommended for investors and traders looking for solid research and great trading platforms

Visit broker

Fidelity snapshot
Broker intro US stockbroker
Overall score 4.7 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1-3 days
Read review For a detailed analysis of Fidelity, check out our review for 2024.

Recommended for investors and traders looking for solid research, low fees and great customer service

Visit broker

Charles Schwab snapshot
Broker intro US discount broker
Overall score 4.7 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1 day
Read review For a detailed analysis of Charles Schwab, check out our review for 2024.

Recommended for investors and traders looking for zero-commission trading and easy platforms

Visit broker

Webull snapshot
Broker intro US discount broker
Overall score 4.6 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1 day
Read review For a detailed analysis of Webull, check out our review for 2024.

Recommended for beginners and investors looking for zero-commission trading, focusing on the US market

Visit broker

SoFi Invest snapshot
Broker intro US discount broker
Overall score 4.4 stars
Minimum deposit $0
Inactivity fee Yes
Time to open account 1-3 days
Read review For a detailed analysis of SoFi Invest, check out our review for 2024.

Recommended for traders interested in algorithmic stock trading

Visit broker

Alpaca Trading snapshot
Broker intro US API broker
Overall score 4.5 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1 day
Read review For a detailed analysis of Alpaca Trading, check out our review for 2024.

Recommended for beginners and buy-and-hold investors focusing on the US stock market

Visit broker

Robinhood snapshot
Broker intro US zero-fee discount broker
Overall score 4.3 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1 day
Read review For a detailed analysis of Robinhood, check out our review for 2024.

Recommended for long-term investors looking for great ETF and mutual fund selection

Visit broker

Vanguard snapshot
Broker intro US stockbroker
Overall score 4.3 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1-3 days
Read review For a detailed analysis of Vanguard, check out our review for 2024.

Recommended for investors and traders looking for low fees, quick account opening and simple platforms

Visit broker

Merrill Edge snapshot
Broker intro US discount broker
Overall score 4.6 stars
Minimum deposit $0
Inactivity fee No
Time to open account 1 day
Read review For a detailed analysis of Merrill Edge, check out our review for 2024.

Dig deeper into comparing Zacks Trade alternatives

Based on our analysis, there are several good alternatives to Zacks Trade. They all offer similar products and target similar customers.

If you want to dig deeper into the differences between the best alternatives for Zacks Trade in your country, head over to our Compare Broker tool, where you can compare brokers by filtering for various criteria including minimum deposits, fees, available products and more.

For comprehensive insights into Zacks Trade, read our Zacks Trade review for 2024. Our analysis is based on more than 600 individual data points as well as first-hand experience.

Get a clear view of your entire portfolio
Track all your accounts in one place and get a full picture of your investments.
portfolio tracker screenshot

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.

author
Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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