Zacks Trade app
As more and more traders and investors use their smartphones as their primary trading platform, it is increasingly important that brokers come up with easy to use apps that can match the functionality of the desktop platforms.
In this article we'll check whether Zacks Trade's mobile app ticks all the boxes.
Overall, we rate the user friendliness of the app as OK, but nothing to get excited about.
| Zacks Trade | TradeStation | Fidelity | |
|---|---|---|---|
| Mobil app rating (5 is the best) | 3.8 stars | 4.8 stars | 4.5 stars |
| Is the app easy to use? | Mid-range | Great | Great |
| 2-step authentication possible? | Yes | Yes | No |
| Biometric authentication possible? | Yes | Yes | Yes |
We're going to look at order types, price alerts, search functions, so all the little details that make a trading app user-friendly or downright cumbersome. Should you prefer to read our full review that include fees, deposit options, and other platforms (like web and desktop) then skip to Zacks Trade's full review.
Zacks Trade app
Our major checklist for the Zacks Trade app
Let's start with the search functions. While this might be up to personal taste, we use a 3-star rating here. While most brokers do OK here, there are some bad apples out there. For example if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with the word Emerging? If you only ever traded US stocks, and start typing Apple, will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Zacks Trade got the green light (or all the 3 stars if you will), meaning search functions are reasonably good.
| Zacks Trade | TradeStation | Fidelity | |
|---|---|---|---|
| Search functions are OK? | Great | Mid-range | Great |
| Price alerts in the app | Yes | Yes | Yes |
| 2-step authentication possible? | Yes | Yes | No |
| Biometric authentication possible? | Yes | Yes | Yes |
| Confirmation after successful trade | Yes | Yes | Yes |
Zacks Trade app
Checklist for nice to have features
It might be a deal-breaker for some if you can't set up a trailing stop limit and we totally get it. On the other hand, some people couldn't care less about that and also don't get excited if the app is available in 25 languages. Anyway, here is our minor checklist:
Zacks Trade has these order types available in their app: Limit, Market, Stop, Stop Limit, Market if Touched, Limit if Touched, Trail, Relative, Market on Close, Limit on Close, Market on Open, Limit on Open .
At Zacks Trade you can use the following order temrs & expiry in the app: Day, Good till Canceled, Outside Regular Trader Hours .
The languages the mobile app of Zacks Trade currently supports are as follows: Dutch, English, French, German, Italian, Japanese, Russian, Simplified Chinese, Spanish,Traditional Chinese, Turkish.
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Zacks Trade app
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If you're not in the US or the EU you'll find this award the most interesting.
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