Zacks Trade Logo

All stock trading relevant fees at Zacks Trade

Your expert
Fact checked by
Updated
Feb 2024
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

A detailed guide to all relevant fees for stock trading at Zacks Trade as of February 2024

Reading time: 3 minutes

It's great that you are interested in stock trading at Zacks Trade. When looking for a stockbroker, one of the most important aspects are fees. However, sometimes it can be a daunting task to pay attention to all the relevant fees and it can be frustrating to pay for some fees you didn't even know existed. Don't worry, we are here to help you with that.

We at BrokerChooser test brokers' services with a live account and real money, so our knowledge is based on our first-hand experience.

In this article, we are going to walk you through all the fees that are relevant for stock trading at Zacks Trade.

My key findings in a nutshell
Tamás
Tamás Gyuriczki
Trading Titan | Investment • Stock Market • Market Analysis

I've thoroughly tested Zacks Trade services with our analyst team by opening a real-money account and these are my most important findings:

  • Fees are extremely important when choosing a broker for stock trading
  • Zacks Trade's stock and ETF trading fees are low
  • Pay attention to less obvious fees like conversion fees
  • Visit Zacks Trade's site if you need more information about fees
  • Zacks Trade is a reliable broker regulated by at least one top-tier regulator

First, let's see if Zacks Trade is available in your country

Yes, you can open an account at Zacks Trade if you live in the United States!
the United States

Visit broker

BrokerChooser score
4.3 4.3 /5
Visit broker

What are stock/ETF trading fees at Zacks Trade?

Stock and ETF trading fees refer to the charges by a brokerage platform for executing trades of stocks and ETFs. Zacks Trade charges relatively low fees for these types of trades.

The following table shows the trading fees of a few popular stocks at Zacks Trade. In these examples, a trade would mean buying a $2,000 position, holding it for one week, then selling it.

Zacks Trade fees snapshot
Asset Fee
Apple benchmark fee $2.2
Vodafone benchmark fee $31.1

What is the deposit fee at Zacks Trade?

When depositing funds at Zacks Trade, you won't be charged any deposit fees, meaning that no deductions will be made from your deposits. However, there may be conversion fees associated with your deposit. We will discuss conversion fees later in the article.

What is the withdrawal fee at Zacks Trade?

When withdrawing funds from Zacks Trade, there is no withdrawal fee. This means that no deductions will be made from your withdrawal amount. However, conversion fees may apply, similar to when making deposits.

Visit broker

What are conversion fees at Zacks Trade?

When depositing money into your Zacks Trade's account in a currency other than the base currency of your account, or trading an asset denominated in a different currency, conversion fees will apply. You can find more detailed information about conversion fees on Zacks Trade's website.

BrokerChooser score
4.3 4.3 /5
Visit broker

Is there a custody fee at Zacks Trade?

A custody fee is usually charged by the broker for holding positions in some asset types, typically stocks, ETFs or bonds.

Zacks Trade does not charge a custody fee, which means that you will not be charged any fee just for holding positions.

Does Zacks Trade have an account fee?

An account fee is typically charged to cover the costs of maintaining and administering an account. It is often a fixed amount and is charged regularly; most often monthly or quarterly.

At Zacks Trade, there is no account fee, which means that you won't be charged by the broker for the maintenance of your account.

Does Zacks Trade have an inactivity fee?

The inactivity fee is usually a flat amount that is charged to accounts that haven'T been used for a certain period of time. This fee is often charged on a regular basis, such as monthly or quarterly.

At Zacks Trade, there is an inactivity fee with the following conditions: $15 per month, but waived for account balances above $25,000.

Visit broker

Wrap-up

Making sense of brokerage fees can be frustrating, so we hope that you found this guide useful. Keeping all of these fee types in mind should help you pick the right broker and make trading decisions more confidently.

We believe you are on the right track now, but if you are stuck somewhere, have a question, or a suggestion, please drop a message on our Forum.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Further reading

Author of this article

Tamás Gyuriczki

Trading Titan | Investment • Stock Market • Market Analysis

As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site. I personally open accounts with real money, execute trades, test customer services. My hope is that my first-hand experience with these brokers, incorporated in our reviews, helps users find the most suitable broker for their needs.

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.

Follow us

Regional settings

×
I'd like to trade with...