Zacks Trade Logo

Equity trading fees Zacks Trade

Your expert
Fact checked by
Tamás D.
12h ago
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Is stock trading free at Zacks Trade as of December 2023?

My key findings in a nutshell
Gyula Lencsés, CFA
Stock Market Maestro | Stock Market • Investment • 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:

  • Zacks Trade doesn't offer commission-free stock trading
  • Commission-free stock trading is increasingly common among stock brokers
  • Commission-free stock brokers often charge users via a wider buy/sell spread

You can view stock trading fees charged by Zacks Trade in the most popular trading locations in the table below.

Zacks Trade stock trading fees
Country Fee amount
US $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.
UK 0.3% of trade value with a £12 minimum
Germany 0.3% of trade value with a €12 minimum

Data updated on December 4, 2023

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

BrokerChooser score
4.4 4.4 /5
Visit broker
Zacks Trade is available in the United States

How does commission-free stock trading work?

Are you worried that stock trading commissions will put a dent in your investment performance? There's an easy remedy for that: commission-free stock trading. Yes, you heard that right. Many brokers in the US, and now also increasingly in Europe, charge you nothing for buying or selling stocks (or ETFs).

Some of you must be wondering, how can brokers make a living if they offer stock trading for free? First of all, while stock trading may be free, these brokers often charge fees for trading assets other than stocks (such as bonds or mutual funds), or for other services such as money withdrawals or currency conversion.
Also, did you notice that tiny spread between the buy/sell prices of a stock? That spread goes toward the profit of so-called market makers - basically large traders that help execute everyone's buy/sell orders. Brokers can receive a slice of this profit in exchange for channeling your buy/sell order to a specific market maker; this is called payment for order flow. Because of this, you may get slightly less favorable price quotes than at non-commission-free brokers.

Like with all things free, watch the fine print. Commission-free trading sometimes applies to US stocks only, not international stocks. Be mindful of conversion fees, which may apply if you trade an asset in a currency other than that of your account. In general, don't let a tiny stock commission deter you from a broker if its other fees are low and its services overall are great.

To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.

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

User registration is now open!
Sign up for free to access personalized broker recommendations, watchlist, alerts, and more on our platform
Sign up now

Further reading

Author of this article

Gyula Lencsés, CFA

Master of Broker Brilliance | Stock Market • Commodities • Market Analysis

With over a decade in finance, I lead content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. I open real-money accounts, execute transactions, and engage with customer services, offering firsthand assessments. Prior to BrokerChooser, I managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. My goal: simplify the hunt for top brokers in a dynamic investment landscape.

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...