Compare TradeStation vs Zacks Trade


Online brokers compared for fees, trading platforms, safety and more. See how TradeStation stacks up against Zacks Trade!

TradeStation vs Zacks Trade
overall rating
4.6
4.4
overall pros
  • Great web and mobile trading platform
  • Low stock and ETF fees
  • High-quality educational tools
  • Low fees
  • Extensive stock and ETF selection
  • Great customer service
overall cons
  • Not user-friendly deposit and withdrawal
  • No forex trading
  • Mediocre customer service
  • Complex desktop platform and research tools
  • Slow and complicated account opening
  • Limited educational tools
fees
4.2
  • Low trading fees
  • Low stock and ETF fees / Free stock trading
  • Multiple fee structures to choose from
  • Withdrawal fee
4.2
  • Low stock and ETF fees / Free stock trading
  • No withdrawal fee
  • No inactivity fee
  • High fund fees
account opening
5.0
  • Fast
  • Fully digital
  • User-friendly
  • Only USD accounts (unless you trade futures)
2.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Not user-friendly
deposit and withdrawal
2.3
  • No deposit fee
  • Deposit and withdrawal in cryptocurrencies
  • Credit/Debit card not available
  • High fee for wire withdrawal
  • Only USD accounts (unless you trade futures)
3.5
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Limited search functions
3.8
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
desktop trading platform
2.5
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Two-step (safer) login
  • Not user-friendly
  • Poor search function
  • Poor design
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
markets and products
2.8
  • Stock
  • ETF
  • Fund
  • Options
  • Futures
  • Crypto
3.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
4.3
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Many add-on research tools are not free
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
customer service
2.5
  • Phone support
  • Live chat
  • No 24/7 support
4.3
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
2.5
  • Demo account
  • Trading platform tutorial
  • No educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • Parent company listed on stock exchange
  • No negative balance protection
  • Does not hold a banking license
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders focusing on US markets and buy-and-hold investing Traders and investors looking for comprehensive research tools, a wide product selection and low fees
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