Overview of Zacks Trade fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates Zacks Trade charges.

Zacks Trade commission and other fees
Zacks Trade commission and other trading fees

The good news is that Zacks Trade has low trading fees in general. We ranked the fees of Zacks Trade as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Zacks Trade commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Zacks Trade commission and other trading fees
Zacks Trade ChoiceTrade TradeStation
Stock and ETF Low Low Low
Forex - - -
Fund High - Average
Bond Low - Low
Options Low Low Low
Futures - - Low

Now let's go over the trading fees for each asset class one by one.

Zacks Trade stock and ETF commissions, spreads

Zacks Trade stock and ETF commissions are low. Zacks Trade stock and ETF commissions are charged as per the table below.

Zacks Trade stock and ETF commission
Zacks Trade
US stock $0.01 per share commission for stocks above $1 share price, or 1% of trade value for stocks below $1 share price. The minimum fee is $1 minimum.
UK stock 0.3% of Trade Value with a £12 minimum
German stock 0.3% of Trade Value with a €12 minimum
Indian stock Not available

You can compare Zacks Trade stock and ETF fees with the two closest competitors.

Zacks Trade stock and ETF commission, spreads vs competitors
Zacks Trade ChoiceTrade TradeStation
US stock $1.0 $0.0 $1.0
UK stock $16.8 - -
German stock $14.4 - -
Indian stock - - -

Stock and ETF commissions are calculated for a $2,000 trade

Zacks Trade fund commissions

Zacks Trade fund commissions are high. The table below shows how Zacks Trade fund commissions are calculated.

Zacks Trade fund commissions
Zacks Trade
Mutual fund $27.50 per transaction

Check out how Zacks Trade fund fees compare with the competition.

Zacks Trade fund commissions
Zacks Trade ChoiceTrade TradeStation
Mutual fund $27.5 - $15.0

Fund commissions are calculated for a $2,000 trade

Zacks Trade bond commissions

Zacks Trade bond commissions are low. The table below contains the description of Zacks Trade bond commissions.

Zacks Trade bond commissions
Zacks Trade
US Treasury bond Up to 1 Million Face Value: 0.025% * Face Value + $3 per bond. Remaining Face Value: 0.005% * Face Value + $3 per bond
EU government bond EURONEXT bonds: 0.3% of Trade Value EUR with a 12 EUR minimum

See how Zacks Trade bond fees stack up against the competition.

Zacks Trade bond commissions vs competitors
Zacks Trade ChoiceTrade TradeStation
US Treasury bond $5.5 - $20.0
EU government bond $25.0 - -

Bond commissions are calculated for a $10,000 trade

Zacks Trade options commissions

You can see below the description of Zacks Trade options commissions. Zacks Trade options fees are low.

Zacks Trade options commissions
Zacks Trade
US stock index options $1 for first Contract + $0.75 for additional contracts
US stock options $1 for first Contract + $0.75 for additional contracts
UK stock index options Not available
German stock index options Not available

Compare options commissions charged by Zacks Trade with those of ChoiceTrade and TradeStation.

Zacks Trade options commissions vs competitors
Zacks Trade ChoiceTrade TradeStation
US stock index options $7.8 $4.0 $10.0
US stock options $7.8 $4.0 $10.0
UK stock index options - - -
German stock index options - - -

Options commissions are calculated for 10 contracts

Zacks Trade commission and other fees
Zacks Trade non-trading fees

In addition to trading fees, it's important to see if Zacks Trade charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Zacks Trade with its two closest competitors.

Zacks Trade non-trading fees vs competitors
Zacks Trade ChoiceTrade TradeStation
Deposit fee $0 $0 $0
Withdrawal fee $0 $5 $0
Account fee No Yes No
Inactivity fee No Yes Yes

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Zacks Trade commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Zacks Trade and its closest competitors. To learn more about Zacks Trade, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

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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