Zacks Trade fees explained

Personally tested

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Independent

Overview of Zacks Trade fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Zacks Trade is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Zacks Trade's trading fees fairly low

Gyula Lencsés, CFA

Forex • Derivatives • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Zacks Trade fared:

Zacks Trade charges low fees for trading stocks and ETFs.
There is an inactivity fee if you don't trade for an extended period of time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of Zacks Trade for info on safety, trading platforms and funding.

Zacks Trade fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	$0.01 per share commission for stocks priced above $1, or 1% of trade value for stocks priced below $1. The minimum fee is $1.
EURUSD fee	-	FX not available
US tech fund fee	High	$27.50 per transaction
Inactivity fee	High	$15 per month (for accounts under $25,000 with less than $15 in commission fees each month), but waived for account balances above $25,000

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Its fee structure is transparent and easy to understand.

Low stock and ETF commission

Zacks Trade stock and ETF fees by market
	Zacks Trade Zacks Trade	TradeStation TradeStation	Firstrade Firstrade
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$15.0 0.3% of trade value with a £12 minimum	- Not available	- Not available
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$1.0 $0.01 per share commission for stocks priced above $1, or 1% of trade value for stocks priced below $1. The minimum fee is $1.	$5.0 $5 per trade for non-US clients. For US clients, commission-free up to the first 10,000 shares per trade.	$0.0 $0 per trade
German stock Estimated commission of a $2,000 trade	$13.0 0.3% of trade value with a €12 minimum	- Not available	- Not available

The commissions for trading on different markets are as follows:

Zacks Trade stocks and ETF commissions
Market	Commission	Minimum fee
North America
United States	Stocks with share price above $1: $0.01 per share Stocks with share price below $1: 1% of trade value	$1
Canada	Stocks with share price above $1: CAD 0.02 per share Stocks with share price below $1: 1% of trade value	CAD 4.50
Mexico	0.3% of the trade value	MXN 180
Europe
Austria, Belgium, France, Germany, Italy, The Netherlands, Spain	0.3% of the trade value	€12
Norway	0.1% of the trade value	NOK 150
Sweden	1.0% of the trade value	SEK 100
Switzerland	0.3% of the trade value	CHF 15
United Kingdom	0.3% of the trade value	GBP 12
Australia and Asia
Australia	0.3% of the trade value	AUD 16
Hong Kong	0.3% of the trade value	HKD 120
Japan	0.3% of the trade value	JPY 1,200
Singapore	0.3% of the trade value	SGD 20
Russia	0.05% of the trade value	RUB 95

Low margin rates

Zacks Trade annual margin rates
	Zacks Trade Zacks Trade	TradeStation TradeStation	Firstrade Firstrade
USD margin rate	8.8% Interest on margin rates is based on tiers (8.83% up to 100k)	12.8% For positions less than $50,000: 12.75% per year	11.5% Base rate + tiered markup. Markup is 0-25k: +1.75%.
GBP margin rate	9.5% Interest on Margin Loans: IB rate + 3%	- Not available	- Not available
EUR margin rate	7.9% Interest on Margin Loans: IB rate + 3%	- Not available	- Not available

Low options commission

Zacks Trade stock index options commission
	Zacks Trade Zacks Trade	TradeStation TradeStation	Firstrade Firstrade
US stock index options Estimated commission for 10 contracts	$7.8 $1 for first contract + $0.75 for each additional contract	$15.0 For US clients: $1 per contract; for non-US clients: $5 flat fee plus $1 per contract	$0.0 $0 per trade

High inactivity fee, no withdrawal fee

It does not charge any account or deposit fees, but only one withdrawal a month is free and there is an inactivity fee.

Zacks Trade inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
Zacks Trade		$0
TradeStation		$0
Firstrade		$0

Other commissions and fees

You can find Zacks Trade's fees for other asset classes below. Click 'Show more' for details.

High mutual fund commission

Fees for a $2,000 fund purchase
	Zacks Trade Zacks Trade	TradeStation TradeStation	Firstrade Firstrade
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	$27.5 $27.50 per transaction	$15.0 $14.95 per transaction	$0.0 $0 per trade

Low spot crypto fees

Low bond commission

Fees for a $10,000 bond trade
	Zacks Trade Zacks Trade	TradeStation TradeStation	Firstrade Firstrade
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	$5.5 Up to $1 million face value: 0.025% * face value + $3 per bond. Remaining face value: 0.005% * face value + $3 per bond	$50.0 $50 per trade	$0.0 Net Yield Basis for treasury, corporate, municipal, agencies, secondary CDs and zero bonds and $30 min for primary CD. Net Yield Basis means Firstrade acts as principal whereby the bonds will be subject to a markup or markdown.
EU/UK government bond Estimated commission of a $10k EU or UK government bond trade	$27.8 EURONEXT bonds: 0.3% of trade value EUR with a €12 minimum	- Not available	- Not available

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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.