Compare Vanguard vs Zacks Trade


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

Vanguard vs Zacks Trade
overall rating
4.3
4.6
overall pros
  • Some ETFs and mutual funds are free to trade
  • Easy account opening
  • Great mobile trading platform
  • Low fees
  • Extensive stock and ETF selection
  • Great customer service.
overall cons
  • Only the US market covered
  • Basic research tools
  • High financing rates (margin rates)
  • Complex desktop platform and research tools
  • Slow and complicated account opening
  • Limited educational tools
fees
3.7
  • No inactivity fee
  • Free ETF trading
  • Some mutual funds and bonds are free to trade
  • High margin rates
  • High fees for non-free mutual funds
4.3
  • Low stock and ETF fees
  • No inactivity fee
  • Low margin rates
  • High fund fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Low minimum deposit
  • Slow account opening time
2.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Not user-friendly
deposit and withdrawal
2.4
  • No deposit fee
  • User-friendly
  • Free withdrawal (via ACH)
  • Credit/Debit card not available
  • $10 for wire transfer withdrawals
3.5
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
web trading platform
3.4
  • Clear fee report
  • Two-step (safer) login
  • Price alerts
  • Limited customizability (for charts, workspace)
  • Some features are hard to find
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.4
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
  • Options and bond trading are not available
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
  • Alerts only through chatbot
desktop trading platform
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
  • Bond
  • Options
3.8
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
2.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • Limited set of research tools
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
customer service
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
4.3
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.5
  • Educational videos
  • Good educational tools
  • No demo account
  • No trading platform tutorial videos
2.5
  • Demo account
  • Trading platform tutorial
  • No general education videos
  • No webinars
  • 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Long-term investors who are looking for great ETF and mutual fund offers Traders and investors looking for comprehensive research tools, wide product selection, and low fees
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