Description
Zacks Trade Reviews – Round Up:
Quick Stats:
About Zacks Trade
Zacks Trade is an online brokerage company providing two free trading platforms, access to a wide range of trading instruments and low cost trades – all with an option for free broker-assistance for those looking for extra help.
Suitable for trading stocks, bonds, ETFs, mutuals and options, Zacks has an account minimum of $2500. Low fees and commissions, powerful easy to use trading platforms (one is pared-down to be even simpler) coupled with a free hand-holding service make Zacks Trade an excellent option for new and intermediate traders although the competitive pricing makes it an equally strong contender for pros.
From the Zacks Trade website:
Zacks Trade: Built for the Active Trader – Active traders often accrue massive trading costs. Not at Zacks Trade because our rates are among the lowest in the industry: US stock and option trades start at $3; margin rates start at 5.63% or lower depending on the balance.
Switch to Zacks Trade and we’ll pay your transfer fee (up to $150) on full account transfers of at least $5,000. Simply fill out our Account Transfer Reimbursement Request and show proof of the transfer charge. Making the switch to Zacks Trade will only take minutes, and you’ll start saving immediately.
Chris T –
I don’t know what’s happened recently but since December customer service has taken forever to respond to questions. This is a good service but I’m not happy with how things are looking and I’m not alone if other review sites are anything to go by.