Online brokers compared for fees, trading platforms, safety and more. See how TD Ameritrade stacks up against Zacks Trade!
Last update of data—Dec 2021
TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group. The brokerage was acquired by Charles Schwab Corporation in 2020. Client account conversion is expected between April and September of 2023.
Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash).
Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform.
Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees.
TD Ameritrade
TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group. The brokerage was acquired by Charles Schwab Corporation in 2020. Client account conversion is expected between April and September of 2023.
Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform.
Zacks Trade
Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash).
Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees.
TD Ameritrade's service is on par with Zacks Trade's and a comparison of their fees shows that TD Ameritrade's fees are similar to Zacks Trade's.
Account opening takes less effort at TD Ameritrade compared to Zacks Trade, deposit and withdrawal processes are more complicated at TD Ameritrade, while customer service quality is similar to Zacks Trade's.
Our experts rated the trading platform of TD Ameritrade as somewhat better than the platform of Zacks Trade, found that clients have access to about the same number of markets and products with TD Ameritrade, while Zacks Trade provides somewhat lower-quality research and education.
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.
Brokers displayed might not be available in United States.