Educational material at Zacks Trade

If you're new to the world of investing, Zacks Trade is unfortunately of limited help, as it doesn't offer much in the way of education materials.

Thankfully, Zacks Trade at least offers a demo account, allowing you to pick up some trading skills in a virtual environment.

My key findings in a nutshell

My key findings in a nutshell

Tamás Gyuriczki

CFD • Options Trading • Market Analysis

As a seasoned CFD trader and financial expert at BrokerChooser, I contribute by leveraging my firsthand experience. I actively review many of the 100+ brokers that are listed on our site: opening accounts, executing trades and testing features. My expertise ensures our reviews guide users to the most suitable brokers for their needs.

Learn about our methodology

Tamás Gyuriczki

CFD • Options Trading • 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 offers little to no educational material, so it's not an ideal choice for beginners
• No demo account at Zacks Trade, so you can't test your trading skills before committing real money
• Before diving into real-money investing or trading, it is crucial to educate yourself or even gain experience through demo accounts to understand the intricacies of financial markets

Since Zacks Trade has very limited educational resources, you may need to turn elsewhere to learn about the basics of investing and financial markets. Why not start with our list of the best brokers for beginners, where you can find the top brokers in your area with great educational tools, low fees and user-friendly trading platforms.

Data updated on December 14, 2024

Here's a snapshot of some educational tools available at Zacks Trade:

To find out more about how brokers can aid your independent stock research, read our overview of the most common brokerage research tools.

Are you a first-time investor? Congratulations! But before you commit your hard-earned money, you'll need to learn some basics about what stocks or ETFs are and how financial markets work in general; so you don't end up losing money. There's a lot of material on the internet, but if you need some reliable and easy-to-digest information, your broker is often the best source, in the form of general educational texts and videos.

We checked more than 100 online brokers to see if they provide such texts or videos and whether their quality is up to standard. If you haven't yet found a broker that can satisfy your hunger for financial knowledge, check out what Zacks Trade has to offer:

So now you've figured out what assets you should buy, but where exactly is the 'Buy' button? Trading platforms can look a bit overwhelming at first, so it helps if your broker has some tutorial videos or infographics about the basic features of the platform - such as search, buy/sell orders or funding transactions. See below whether Zacks Trade has such tutorials.

You've seen the platform tutorials, now you're ready to invest. Or are you? A common fear among those new to investing or to a specific broker platform is that maybe they'll push the wrong button and end up losing money. If you want to practice your platform's features, or simply get a feel for trading using virtual money, a demo account is the best place to do it. Unfortunately, not all stockbrokers offer demo accounts, so see if it's available at Zacks Trade.

Once you've mastered the basics of stock investing, you may find you want to expand your knowledge even more. In addition to texts or videos, an exciting way to learn is to take part in webinars organized by your broker. Here, you can hear firsthand from expert analysts at your broker about the latest market trends or investing tips - you may even pose a question! Check below if webinars are usually available at Zacks Trade.

Are you in the stock market for the long term? Check out our list of the top brokers for buy-and-hold investors.