Founded
2013
Employees
2-10
🏢 Company Overview
Headquarters
Chicago, United States
CEO
Len Zacks
Funding Stage
Bootstrapped
Pricing
Paid
Rating
★ 4.1
AML Compliant
GDPR
Broker License
SIPC insured up to $500,000 (including $250,000 for cash)
ℹ️ About Zacks Trade
Zacks Trade is a low-cost online brokerage for active traders with global market access and free broker-assisted trades.
⚡ Key Features
Penny-per-share stock and ETF commissions
Access to 90+ global stock exchanges
Free broker-assisted trades via phone
Zacks Rank Trading Tool integration built-in
Options Strategy Lab with advanced analytics
Fractional shares trading for partial positions
💪 Strengths & Weaknesses
4 Pros
3 Cons
💪
Strengths
What it does well
Competitive margin rates from 8.83%
Free complimentary broker-assisted phone trades
Global access across 218 countries
No payment for order flow
⚠️
Weaknesses
Areas to improve
Stock commissions not zero-commission
$15 monthly inactivity fee possible
Limited educational resources available
💬 User Reviews
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🔗 External Resources
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Zacks Trade
4.1 ★